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  • 1
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (26 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Hyland, Marie Capital Adjustment and the Optimal Fuel Choice
    Abstract: This paper analyzes the important, yet often ignored, link between capital adjustment and the choice of fuels used by manufacturing firms. A novel econometric framework, which explicitly incorporates heterogeneous fuel-using capital stocks in the estimation of optimal fuel choice, is applied to a large panel of Irish manufacturing firms. The econometric estimates show a significant variation in the optimal response of capital to changing fuel prices across different fuel-using technologies. For all the technologies, significant costs to capital adjustment are found. The costs are much larger compared with earlier estimates of adjustment costs based on lagged values of output and fuel prices. The findings imply that the path to full adjustment of capital stocks in response to changing fuel prices may be much longer than was previously thought
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 2
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (41 pages)
    Parallel Title: Erscheint auch als Perrin, Caroline Gendered Laws and Women's Financial Inclusion
    Keywords: Access To Finance ; Discrimination ; Finance and Financial Sector Development ; Financial Inclusion ; Gender ; Gender and Law ; Gender Equality ; Global Findex and Women ; Governance ; Governance Indicators ; Involuntary Financial Exclusion ; Law ; Legal Equality ; Social Inclusion and Institutions
    Abstract: This paper documents the relationship between legal gender equality and the use of financial services, using individual-level data from 148 developed and developing economies. The analysis, which combines data from the Global Findex and Women, Business and the Law databases, highlights the existence of a significant and positive correlation between gender equality in the law and women's access to financial products. The results show that greater legal equality alleviates women's involuntary financial exclusion. The findings also suggest that prevailing adverse social norms can 0ify the beneficial effects of legal equality, and that better implementation of the law can facilitate a stronger relationship between legal frameworks and women's financial inclusion
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  • 3
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank Group Gender Thematic Policy Notes Series
    Keywords: Gender ; Gender and Development ; Gender and Economics ; Gender Equality ; Gender Monitoring and Evaluation ; Gender Strategy ; Law and Development ; Law and Gender ; Legal Reforms ; Women ; Women's Economic Opportunities
    Abstract: This thematic note emphasizes the role of laws and regulations in safeguarding women's economic opportunities, for the purpose of informing the update of the World Bank Group's Gender Strategy. The note demonstrates the importance of legal gender equality and draws on data and analysis from the World Bank's Women, Business and the Law initiative and other evidence to explore legal barriers that hinder women's economic participation and showcase successful reforms. It also offers examples of how World Bank projects have addressed legal frameworks toward gender equality and concludes with proposals for future areas of operational focus and research
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  • 4
    ISBN: 9781464811807
    Language: English
    Pages: 1 Online-Ressource (98 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als
    Abstract: The 21st century will witness the collision of two powerful forces - burgeoning population growth, together with a changing climate. With population growth, water scarcity will proliferate to new areas across the globe. And with climate change, rainfall will become more fickle, with longer and deeper periods of droughts and deluges. This report presents new evidence to advance understanding on how rainfall shocks coupled with water scarcity, impacts farms, firms, and families. On farms, the largest consumers of water in the world, impacts are channeled from declining yields to changing landscapes. In cities, water extremes especially when combined with unreliable infrastructure can stall firm production, sales, and revenue. At the center of this are families, who feel the impacts of this uncertainty on their incomes, jobs, and long-term health and welfare. Although a rainfall shock may be fleeting, its consequences can become permanent and shape the destiny of those who experience it. Pursuing business as usual will lead many countries down a 'parched path' where droughts shape destinies. Avoiding this misery in slow motion will call for fundamental changes to water policy around the globe. Building resilience to rainfall variability will require using different policy instruments to address the multifaceted nature of water. A key message of this report is that water has multiple economic attributes, each of which entail distinct policy responses. If water is not managed more prudently--from source, to tap, and back to source--the crises observed today will become the catastrophes of tomorrow
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 5
    ISBN: 9781464815577
    Language: English
    Pages: 1 Online-Ressource (pages cm)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als
    Abstract: Firms of different sizes play different roles in organized markets and societies. This report focuses on the particular role that larger firms - firms with 100 employees or more - play in this ecosystem. It shows that larger firms in developing countries have distinct features that set them apart from the rest. These features are closely associated with productivity advantages - their ability not only to lower costs of production through economies of scale and scope, but also to invest in quality and reach demand. These distinct features of large firms translate into improved outcomes for their owners as well as for workers and smaller enterprises in their value chains. The fundamental challenge for economic development, however, is that production often does not reach economic scale in low- and middle-income countries. What is missing are larger, more productive, and outward-oriented firms. The scarcity of larger firms raises the question of how they are created in lower income contexts, and where frictions lie in this process. This report shows that four types of sponsors are often behind large firms: foreign firms creating new affiliates; domestic sponsors having experience with other large firms; governments; and entrepreneurs. Growth paths of large firms also show that distinguishing features of large firms are often in place from the time they are established. Therefore, supporting small firms to grow large is one means for creating large firms, but not sufficient on its own. To fill the 'missing top', governments should support the creation of new large firms from different sources, improve market contestability, and address operational barriers that disproportionally affect larger firms. The challenge lies in balancing the desire for efficiency and welfare benefits of large firms, while avoiding the inefficiencies that result when large firms acquire monopoly power. For development finance institutions seeking to promote a dynamic and competitive private sector, taking a value chain perspective and partnering with larger firms in each indutry - both incumbent firms and new challengers - can benefit firms across the size spectrum--
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  • 6
    Online Resource
    Online Resource
    Washington, DC, USA : World Bank Group, Development Economics, Global Indicators Group
    Language: English
    Pages: 1 Online-Ressource (circa 40 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8637
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Islam, Asif The Drivers And Impacts of Water Infrastructure Reliability: A Global Analysis of Manufacturing Firms
    Keywords: Graue Literatur
    Abstract: Inadequate infrastructure impedes the productivity of manufacturing firms, with negative consequences for the wider economy. This study examines how water infrastructure copes with severe weather fluctuations and analyzes the effect of unreliable water supplies on the productivity of manufacturing firms, focusing predominately on firms in developing economies. This is achieved using firm-level data from World Bank Enterprise Surveys covering more than 16,000 manufacturing firms in a cross-section of 103 countries between 2009 and 2015. The study finds that periods of significantly low rainfall lead to higher water outages, and that the overall impact is driven by the effects of drought on low-income and lower-middle-income economies, with upper-middle-income and high-income economies benefitting from more resilient water infrastructure. Furthermore, the study finds that incidents of water outages lead to lower firm productivity for firms in less developed economies. For the average firm located in a low-income or lower-middle-income economy, one additional water outage incident per day in a typical month can lead to losses of approximately 8.2 percent of annual sales. This finding calls for increased policy focus on water infrastructure services, particularly in poorer countries where water infrastructure and firms seem to be particularly vulnerable to the vagaries of rainfall
    URL: Volltext  (lizenzpflichtig)
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  • 7
    Online Resource
    Online Resource
    Washington, DC, USA : World Bank Group, Development Economics, Global Indicators Group
    Language: English
    Pages: 1 Online-Ressource (circa 38 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8783
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Hyland, Marie Caitriona Are Management Practices Failing or Aiding the Private Sector in South America?
    Keywords: Graue Literatur
    Abstract: An expanding body of literature has shown that better management practices can offer significant boosts to firms' productivity; this research illustrates that firms in South America are no exception. Using recent Enterprise Survey data from seven countries in South America (Argentina, Bolivia, Colombia, Ecuador, Paraguay, Peru, and Uruguay), the paper explores the various dimensions and drivers of management practices and analyzes how they are related to productivity. This is an important topic to investigate, given the lagging levels of productivity growth in the region. If management practices can boost firms' productivity, this may be a cost-effective way to accelerate economic growth. The results show that improved management practices are associated with higher levels of productivity in all countries, and it is the impact of improved management specifically in larger firms that is driving the overall results. Indeed, in some countries, specifically Argentina, Paraguay, and Peru, it is only among larger firms that there is a positive link between management practices and productivity
    URL: Volltext  (lizenzpflichtig)
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  • 8
    Language: English
    Pages: 1 Online-Ressource (circa 29 Seiten) , Illustrationen
    Series Statement: Policy research working paper 9224
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Hyland, Marie Discriminatory Environment, Firms' Discriminatory Behavior, and Women's Employment in the Democratic Republic of Congo
    Keywords: Graue Literatur
    Abstract: This paper contributes to better understanding firms' discriminatory behavior in the presence of gender-based legal discrimination and its linkages with labor market outcomes for women in a developing country setting. Using data collected through the World Bank Enterprise Surveys in the Democratic Republic of Congo, the paper documents the existence of nonnegligible employer discrimination and limitations in women's autonomy in the presence of a discriminatory environment. Interestingly, these are more pervasive outside the capital city, Kinshasa, which suggests that cultural norms or differences in regulation enforcement may be at play. The paper also finds that firms' discriminatory behavior harms women's labor market outcomes, in their representation among the upper echelons of management and participation in the overall workforce. The negative relationship between restrictions from discriminatory behaviors and female employment is particularly strong in the manufacturing sector
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  • 9
    Online Resource
    Online Resource
    [Washington, DC, USA] : World Bank Group, Development Economics Vice Presidency (DEC) & Office of the Chief Economist
    Language: English
    Pages: 1 Online-Ressource (circa 32 Seiten) , Illustrationen
    Series Statement: Policy research working paper 9080
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Marie Caitriona Hyland Gendered Laws
    Keywords: Graue Literatur
    Abstract: This paper offers for the first time a global picture of gender discrimination by the law as it affects women's economic opportunity and charts the evolution of legal inequalities over five decades. Using the World Bank's newly extended Women, Business and the Law database, the paper documents large and persistent gender inequalities, especially with regard to equal pay and treatment of parenthood. The paper finds positive associations between improvements in the law and several labor market outcomes, and establishes a small, but over time increasing, causal impact of more equal laws on higher female labor force participation
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  • 10
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (41 pages)
    Parallel Title: Erscheint auch als Print Version: Hyland, Marie Gendered Laws, Informal Origins, and Subsequent Performance
    Keywords: Discriminatory Law ; Enterprise Development and Reform ; Entrepreneurship ; Female-Owned Business ; Firm Performance ; Gender ; Gender and Development ; Gender and Law ; Gender and Social Development ; Gender Discrimination ; Inequality ; Informal Sector ; Labor Force Participation ; Labor Policies ; Law and Development ; Legal Discrimination ; Poverty Reduction ; Private Sector Development Law ; Women Entrepreneurs
    Abstract: This research explores the relationship between laws that discriminate on the basis of gender and the probability that a female-owned business begins operating in the informal sector. This is achieved by tracing the origins of formal businesses surveyed in the World Bank Enterprise Surveys and merging this with information on the level of legal equality between genders as measured by the Women, Business and the Law database. In addition, the research explores whether starting a business informally has any differential effect on subsequent firm performance depending on the gender of the owner(s). The results show that gender discriminatory laws increase the likelihood that firms with female owners will begin operations in the informal sector; as expected, this does not hold for enterprises that are solely owned by men. Furthermore, the research provides evidence that firms that began operations informally have poorer performance years later-a relationship that exists both for firms with female owners and for firms fully owned by men. The results show notable variation by region
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