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作者:Ros, J
作者单位:University of Notre Dame
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作者:Klimenko, MM
作者单位:University of California System; University of California San Diego
摘要:This paper emphasizes the experimental nature of industrial targeting policies under uncertainty in a small open economy. A government promotes entry of new firms in selected industries and updates its beliefs about the country's comparative advantage in a Bayesian way. This selective targeting policy is analyzed in the framework of a special type of statistical decision problem known as the multi-armed bandit. The paper analyzes how the costs and benefits of learning about a country's compara...
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作者:Mattoo, A; Olarreaga, M; Saggi, K
作者单位:The World Bank; Centre for Economic Policy Research - UK; Southern Methodist University
摘要:Foreign direct investment (FDI) can take place either through the direct entry of foreign firms or the acquisition of existing domestic firms. The preferences of a foreign firm and a welfare-maximizing host country government over these two modes of FDI are examined in the presence of costly technology transfer. The trade-off between technology transfer and market competition emerges as a key determinant of preferences. The clash between the foreign firm's equilibrium choice and the local gove...
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作者:Cropper, ML; Haile, M; Lampietti, J; Poulos, C; Whittington, D
作者单位:The World Bank; University System of Maryland; University of Maryland College Park; University of Missouri System; University of Missouri Columbia; University of North Carolina; University of North Carolina Chapel Hill
摘要:This study measures the monetary value households place on preventing malaria in Tigray, Ethiopia. We estimate a household demand function for a hypothetical malaria vaccine and compute the value of preventing malaria as the household's maximum willingness to pay to provide vaccines for all family members. This is contrasted with the traditional costs of illness (medical costs and lost productivity). Our results indicate that the value of preventing malaria with vaccines is about US$36 per hou...
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作者:Kosempel, S
作者单位:University of Guelph
摘要:This paper presents a synthesized theory of development and long run growth. The theory that is presented combines two engines of growth which have been emphasized in the literature: technological progress and human capital accumulation. In the model, the growth rate of per capita output depends in part on the interaction between these two types of economic forces. (c) 2004 Elsevier B.V. All rights reserved.
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作者:Duflo, E
作者单位:Massachusetts Institute of Technology (MIT)
摘要:This paper studies the medium run consequences of an increase in the rate of accumulation of human capital in a developing country. From 1974 to 1978, the Indonesian government built over 61,000 primary schools. The school construction program led to an increase in education among individuals who were young enough to attend primary school after 1974, but not among the older cohorts. 2SLS estimates suggest that an increase of 10 percentage points in the proportion of primary school graduates in...
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作者:Van Tassel, E
作者单位:State University System of Florida; Florida Atlantic University
摘要:This paper examines a household bargaining problem where one household member can use external finance to invest in an uncertain business project. Faced with limited income generating opportunities, we show that the household member will consistently choose safe investment projects. We also explain why other members of the household can be made worse off from investment, even when aggregate household consumption is expected to rise. In a dynamic version of the bargaining problem, we study ince...
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作者:Glewwe, P; Kremer, M; Moulin, S; Zitzewitz, E
作者单位:University of Minnesota System; University of Minnesota Twin Cities; Harvard University; National Bureau of Economic Research; The World Bank; Stanford University
摘要:This paper compares retrospective and prospective analyses of the effect of flip charts on test scores in rural Kenyan schools. Retrospective estimates suggest that flip charts raise test scores by up to 20% of a standard deviation. Yet prospective estimators based on a randomized trial provide no evidence that flip charts increase test scores. One interpretation is that the retrospective results suffered from omitted variable bias. If the direction of this bias were similar in other retrospec...
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作者:Thomas, D; Beegle, K; Frankenberg, E; Sikoki, B; Strauss, J; Teruel, G
作者单位:University of California System; University of California Los Angeles; The World Bank; University of California System; University of California Los Angeles; Michigan State University
摘要:The year 1998 saw the onset of a major economic and financial crisis in Indonesia. GDP fell by 12% that year. The effect on education of the next generation is examined. On average, household spending on education declined, most dramatically among the poorest households. Spending reductions were particularly marked in poor households with more young children, while there was a tendency to protect education spending in poor households with more older children. The evidence on school enrollments...
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作者:Munshi, K
作者单位:Brown University
摘要:Information flows are weaker in a heterogeneous population when the performance of a new technology is sensitive to unobserved individual characteristics, preventing individuals from learning from neighbors' experiences. This characterization of social learning is tested with wheat and rice data from the Indian Green Revolution. The rice-growing regions display greater heterogeneity in growing conditions and the new rice varieties were also sensitive to unobserved farm characteristics. Wheat g...