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作者：Van Marrewijk, Charles; Berden, Kom G.
作者单位：Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; Tinbergen Institute
摘要：We analyze the costs of trade restrictions for a small developing economy (LDC). Intermediate goods invented elsewhere are only introduced on the LDC market if it is profitable to do so. The LDC economy evolves to a balanced growth path in which income, welfare, and the share of available goods increase if trade restrictions fall. The adjustment path is asymmetric: an increase in trade restrictions leads to a slow-down of economic growth, while a decrease may lead to a rapid catch-up process. ...
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作者：Blattman, Christopher; Hwang, Jason; Williamson, Jeffrey G.
作者单位：Harvard University; University of California System; University of California Berkeley
摘要：Most countries in the periphery specialized in the export of just a handful of primary products for most of their history. Some of these commodities have been more price volatile than others, and those with more volatility have grown much more slowly relative to the industrial leaders and to other primary product exporters. This fact helps explain the growth puzzle noted by Easterly, Kremer, Pritchett and Summers more than a decade ago: that the contending fundamental determinants of growth - ...
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作者：Alba, Joseph D.; Papell, David H.
作者单位：University of Houston System; University of Houston; Nanyang Technological University
摘要：We examine long-run purchasing power parity (PPP) using panel data methods to test for unit roots in US dollar real exchange rates of 84 countries. We find stronger evidence of PPP in countries more open to trade, closer to the United States, with lower inflation and moderate nominal exchange rate volatility, and with similar economic growth rates as the United States. We also show that PPP holds for panels of European and Latin American countries, but not for African and Asian countries. Our ...
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作者：Rodriguez-Clare, Andres
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要：Cases of industrial agglomeration or clusters arise in the presence of industry-specific and local externalities, also called Marshallian externalities. The standard argument is that such externalities may justify a policy of infant-industry protection to allow and encourage clusters to emerge. In this paper I explore this carefully, and show that different policy implications emerge under a more realistic modeling of clusters. In particular, rather than distorting prices to promote clusters i...
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作者：Larrain, Mauricio; Poblete, Joaquin
作者单位：Northwestern University; University of California System; University of California Berkeley
摘要：The fact that minimum wages seem especially binding for young workers has led some countries to adopt age-differentiated minimum wages. We develop a dynamic competitive two-sector labor market model where workers with heterogeneous initial skills gain productivity through experience. We compare two equally binding schemes of single and age-differentiated minimum wages, and find that although differentiated minimum wages result in a more equal distribution of income, such a scheme creates a mor...
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作者：Azam, Jean-Paul; Rospabe, Sandrine
作者单位：Universite de Toulouse; Universite Toulouse 1 Capitole; Institut Universitaire de France; Universite de Rennes
摘要：A simple model of statistical discrimination is analyzed, which captures some stylized facts of the South African labor market. It shows that this type of discrimination disappears when the wage rates are determined by efficient bargaining between a representative firm and a union, with endogenous membership. This may explain why the wage gap between Black and White workers in post-apartheid South Africa is smaller among unionized workers than among non-unionized ones. (C) 2006 Elsevier B.V. A...
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作者：Das, Jishnu; Hammer, Jeffrey
作者单位：The World Bank
摘要：The quality of medical care received by patients varies for two reasons: differences in doctors' competence or differences in doctors' practice. Using medical vignettes, we evaluated competence for a sample of doctors in Delhi. One month later, we observed the same doctors in their practice. We find three patterns in the data. First, doctors do less than what they know they should do. Second, the more competent the doctor, the greater the effort exerted. Third, competence and practice diverge ...
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作者：Fisman, Raymond; Svensson, Jakob
作者单位：Stockholm University
摘要：Exploiting a unique data set containing information on the estimated bribe payments of Ugandan firms, we study the relationship between bribery payments, taxes and firm growth. Using industry-location averages to circumvent potential problems of endogeneity and measurement errors, we find that both the rate of taxation and bribery are negatively correlated with firm growth. A one-percentage point increase in the bribery rate is associated with a reduction in firm growth of three percentage poi...
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作者：Emerson, Patrick M.
作者单位：University of Colorado System; University of Colorado Denver
摘要：This paper presents a model of the interaction between corrupt government officials and industrial firms to show that corruption is antithetical to competition. It is hypothesized that a government agent that controls access to a formal market has a self-interest in demanding a bribe payment that serves to limit the number of firms. This corrupt official will also be subject to a detection technology that is a function of the amount of the bribe payment and the number of firms that pay it. Und...
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作者：Kugler, Maurice
作者单位：University of Southampton
摘要：This paper contributes an estimation framework to measure both technological and linkage externalities from foreign direct investment (FDI). Empirical research dealt mainly with intra-industry spillovers from FDI with restrictive treatment of inter-industry effects until recently. However, as optimal organization of the multinational corporation (MNC) involves minimization of profit losses due to leakage of technical information to competitors, host-country firms within the MNC's sector experi...
