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作者:Alvaredo, Facundo; Bergeron, Augustin; Cassan, Guilhem
作者单位:Paris School of Economics; University of Oxford; Consejo Nacional de Investigaciones Cientificas y Tecnicas (CONICET); Harvard University; University of Namur
摘要:We use a novel income tax data set to present evidence on the evolution of income concentration in the last 60 years of colonial rule in India. These data allow us to study the evolution of income concentration at the country level as well as the location of top income earners across provinces. We identify three key facts: (1) the evolution of income concentration in British India was nonlinear, following a U-shape, (2) the majority of top income earners were non-Europeans, and (3) the geograp...
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作者:Desbordes, Rodolphe; Wei, Shang-Jin
作者单位:University of Strathclyde; National Bureau of Economic Research; Columbia University; Columbia University; Center for Economic & Policy Research (CEPR)
摘要:This paper empirically investigates the various effects that source and destination countries' financial development (SFD and DFD respectively) have on foreign direct investment (FDI). We establish causality by exploiting variations in both country-specific financial development and sector-specific financial vulnerability. This approach is made possible by our use of detailed databases on real manufacturing FDI projects worldwide. We find that both SFD and DFD have a large positive influence o...
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作者:Fenske, James; Kala, Namrata
作者单位:University of Warwick; Harvard University
摘要:A large fraction of modern global conflicts has occurred in Africa, resulting in a disproportionate number of fatalities compared to other regions. Many of Africa's conflicts have deep historical roots. In this paper, we contribute to understanding the determinants of historical African conflict by studying an important historical source of conflict: suppression of the slave trade after 1807. We use geo-coded data on African conflicts to uncover a discontinuous increase in conflict after 1807 ...
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作者:Clist, Paul; Verschoor, Arjan
作者单位:University of East Anglia
摘要:Multilingualism is the global norm, but the implications of this for cooperation and public goods provision have not been studied before. We test whether the language in which a public goods game is played affects subjects' contributions amongst a bilingual population in eastern Uganda, finding that subjects contribute 30% more on average in the national language. This treatment effect is solely driven by those most associated with the local Gisu identity, for whom contributions are 43-74% hig...
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作者:Shenoy, Ajay
作者单位:University of California System; University of California Santa Cruz
摘要:I develop a method to measure and separate the production misallocation caused by failures in factor markets versus financial markets. When I apply the method to rice farming villages in Thailand I find surprisingly little misallocation. Optimal reallocation would increase output by less than 19 percent. By 2007 most misallocation comes from factor market failures. I derive a decomposition of aggregate growth that accounts for misallocation. Declining misallocation contributes little to growth...
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作者:Chen, Xiaoping; Lu, Yi; Zhu, Lianming
作者单位:Nanyang Technological University; Tsinghua University; National University of Singapore; Waseda University
摘要:This paper examines the organizational structure of global sourcing over the product cycle. This paper combines a new product list data set with China's customs data. The analysis finds that multinationals first produce within their foreign subsidiaries. When the product matures, firms start to outsource their production to external foreign suppliers. International outsourcing appears earlier along the product cycle when contractibility is better.
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作者:Ghossoub, Edgar A.; Reed, Robert R.
作者单位:University of Texas System; University of Texas at San Antonio; University of Alabama System; University of Alabama Tuscaloosa
摘要:How should financial systems be designed to limit income inequality? Does the redistributive impact of inflation depend on the extent of financial development? Should optimal monetary policy vary across countries with different levels of financial development? In order to address these questions, we develop a monetary growth production model with heterogeneous agents. In our economy, optimal policy needs to weigh the effects of policy across two groups capital owners and individuals who hold l...
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作者:Hu, Albert G. Z.; Zhang, Peng; Zhao, Lijing
作者单位:National University of Singapore
摘要:China overtook the U.S. in 2011 to become the country filing the largest number of patent applications. Has China's patenting ascendancy been propelled by Chinese firms' increasing technological sophistication or their much greater propensity to seek patents? Using a unique and never before used data set, where the State Intellectual Property Office (SIPO) patent records have been matched to their applicant firms by SIPO, we differentiate the two potential explanations by estimating a patent p...
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作者:Dower, Paul Castaneda; Ginsburgh, Victor; Weber, Shlomo
作者单位:State University System of Florida; Florida International University; New Economic School; Universite Libre de Bruxelles; Universite Catholique Louvain
摘要:We introduce a new ethnolinguistic polarization measure that takes into account the impact of historical factors on intergroup relations in Sri Lanka. During the colonial era, intergroup relations changed considerably due, in part, to the uneven spread of the English language on the island and its role in British governance. Accordingly, our measure is sensitive to regional differences in English language acquisition before independence. By using a data set on victims of terrorist attacks by d...
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作者:Maitra, Pushkar; Mitra, Sandip; Mookherjee, Dilip; Motta, Alberto; Visaria, Sujata
作者单位:Monash University; Indian Statistical Institute; Indian Statistical Institute Kolkata; Boston University; University of New South Wales Sydney; Hong Kong University of Science & Technology
摘要:We explore the hypothesis that traditional joint-liability microfinance programs fail to increase borrower incomes in part because they cannot screen out unproductive borrowers. In randomly selected villages in West Bengal, India, we implemented trader-agent-intermediated lending (TRAIL), in which local trader-lender agents were incentivized through repayment-based commissions to select borrowers for individual liability loans. In other randomly selected villages, we organized a group-based le...