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作者:Kilby, C
作者单位:Vassar College
摘要:This paper explores the impact of donor supervision on development project performance using data from World Bank-funded projects. Maximum likelihood estimation of a restricted ordered probit function finds that early supervision has a positive impact on performance. Given the size of World Bank-funded projects, gains from increasing supervision far outweigh the costs. The results provide evidence of an institutional bias toward lending at the expense of increased development impact. (C) 2000 ...
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作者:Fung, MKY; Ho, WM; Zhu, LJ
作者单位:Chinese University of Hong Kong; York University - Canada; University of Waterloo; National University of Singapore
摘要:This paper studies how the method of government debt financing affects the macroeconomic performance of the transforming Chinese economy. The investigation Is conducted within the context of an endogenous growth model that incorporates the major institutional features of the Chinese economy. Using this framework, we evaluate the effects on the growth rate of output and inflation if the Chinese government relies more on bonds and less on money creation for budget deficit and debt repayment fina...
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作者:Zigic, K
作者单位:Czech Academy of Sciences; Economics Institute of the Czech Academy of Sciences; Charles University Prague; Czech Academy of Sciences
摘要:In this paper, we analyze the issue of optimal tariffs when the Northern and Southern firms compete in quantities in an imperfectly competitive Northern market and there are potentially varying degrees of intellectual property rights (TPR) violation by the South. IPR violation is reflected through the leakage of technological knowledge (spillovers) from the Northern to the Southern firm creating unit cost reduction, It is shown that optimal tariffs in this framework are always higher than in t...
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作者:Dayton-Johnson, J
作者单位:Dalhousie University
摘要:I develop a model of cooperation in small irrigation systems. I give conditions under which an equalizing redistribution of wealth increases the level of equilibrium cooperation, but also show that some redistributions that increase inequality can also increase cooperation. The distributive rule, a combination of arrangements for maintenance-cost sharing and water allocation, also affects the cooperation level. I estimate statistical models of cooperation for three maintenance indicators using...