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作者:Chander, P; Thangavelu, SM
作者单位:National University of Singapore
摘要:This paper explores a two-period model with complementarities between investment in/adoption of new technologies and human capital accumulation/investment in education. Workers invest in education in the first period and in the second period, entrepreneurs decide whether or not to adopt a new technology. Multiple rational expectation equilibria exist: if workers believe that a large (small) fraction of entrepreneurs will adopt the new technology next period, then their return to education will...
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作者:Söderbom, M; Teal, F
作者单位:University of Oxford
摘要:Three dimensions of the performance of firms in Ghana's manufacturing sector are investigated in this paper: their technology and the importance of technical and allocative efficiency. We show that the diversity of factor choices is not due to a nonhomothetic technology. Observable skills are not quantitatively important as determinants of productivity. Technical inefficiency is not lower in firms with foreign ownership or older firms and its dispersion across firms is similar to that found in...
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作者:Subramanian, S
摘要:This note builds further on the ideas of Basu and Foster (1998), and is concerned to advance the measurement of literacy, taking due note of its positive external effects, in a simple, economical, and interpretation-friendly fashion. (C) 2003 Elsevier B.V. All rights reserved.
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作者:Ghosh, M; Whalley, J
作者单位:Western University (University of Western Ontario); University of Warwick; National Bureau of Economic Research
摘要:Most economists' instinctive reaction to price controls is that they are harmful. Its strong enforcement results in shortages and resource misallocation, while weak enforcement often leads to black markets and high transaction costs. Given these instincts, this paper assesses the pros and cons of rice price controls in Vietnam using a multi-sector multi-household general equilibrium model. These price controls fix producer prices and allow government marketing agencies to sell at higher prices...
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作者:de Fontenay, CC
作者单位:University of Melbourne; University of Melbourne
摘要:This paper demonstrates that a firm with market power in an influential industry can play a crucial positive or negative role in the implementation of a Big Push policy, through its impact on the profits of firms in complementary industries. The firm has incentives to use its influence to tip the balance in favor of success. Conversely, if legal institutions are weak, the threat of hold-up may deter complementary investment and lead to failure of the Big Push. This is demonstrated in one of th...
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作者:Huang, JK; Hu, RF; van Meijl, H; van Tongeren, F
作者单位:Chinese Academy of Sciences; Chinese Academy of Sciences; Institute of Geographic Sciences & Natural Resources Research, CAS
摘要:Genetically modified (GM) cotton is widely adopted and the list of GM technologies in trials is impressive in China. At the same time there is an active debate on when China should commercialize its GM food crops. This paper provides an economy-wide assessment of some of the issues surrounding the adoption and commercialization of biotechnology. Based on unique data from empirical micro-level study and field trials in China and a modified GTAP model, our results indicate that the development o...
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作者:Spilimbergo, A; Ubeda, L
作者单位:International Monetary Fund; Universidad Carlos III de Madrid
摘要:We develop a model of double matching in the labor market and the social environment in order to explain different migration patterns in response to local economic shocks. This approach explains the different behaviors of workers in different groups, regions, or countries in an endogenous way by showing the existence of multiple equilibria, rather than in an exogenous manner by introducing ex ante regulations or unemployment benefits. This model can also explain why individuals from some commu...
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作者:Yang, DT
作者单位:Virginia Polytechnic Institute & State University
摘要:This paper studies the contribution of schooling to rural income in China during factor market liberalization between 1986 and 1995. The relaxation of controls permitted farm households to reallocate productive inputs from agriculture to nonagricultural activities. It is hypothesized that education facilitates this adjustment. Panel data from Sichuan province suggest that schooling enhanced the ability of farmers to devote labor and capital to nonfarm production given the evidence that less-th...
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作者:Mukherji, N
作者单位:Oakland University
摘要:This paper is an extension of Marcouiller and Young's [Am. Econ. Rev. 85 (1995) 630] paper which shows that in a two-good economy with constant labor supply, the government can always increase graft by squeezing the formal sector out of existence. In this paper, we find that if individuals choose the amount of labor they supply, the government can increase graft by eliminating formal production in relatively rare cases. (C) 2003 Elsevier B.V. All rights reserved.
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作者:Dodzin, S; Vamvakidis, A
作者单位:International Monetary Fund
摘要:This paper examines the impact of international trade on the allocation of production across sectors in developing countries. Estimates from a panel of 92 developing countries in the period 1960-2000 suggests that an increase in openness to trade leads to an increase in the industrial value added share of production, at the expense of the agricultural share. Therefore, trade leads the developing countries to industrialization, in contrast to what the infant industry argument would imply. (c) 2...