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  • MPI Ethno. Forsch.  (195)
  • HeBIS  (7)
  • KOBV  (6)
  • HBZ  (2)
  • München BSB  (1)
  • MEK Berlin
  • Online Resource  (202)
  • 2025-2025  (6)
  • 2005-2009  (200)
  • 1975-1979  (6)
  • 1965-1969  (5)
  • 1930-1934  (3)
  • 2006  (200)
  • 1979  (6)
  • 1978  (6)
  • 1976  (6)
  • 1975  (6)
  • 1967  (5)
  • [Washington, D.C] : World Bank  (194)
  • Göttingen : Schwartz
  • London : Inst.
  • Wiesbaden : Steiner
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Language
Years
Year
  • 1
    Online Resource
    Online Resource
    Oxford [u.a.] : Wiley-Blackwell | London : Inst. ; Urheberrechtsfreie Bände digitalisiert oder im Digitalisierungsprozess 1.1872 - 95.1965; N.S. 1.1995 - 5.1999
    ISSN: 0025-1496 , ISSN 1359-0987 , ISSN 1359-0987
    Language: English
    Edition: München Bayerische Staatsbibliothek, Münchener Digitalisierungszentrum 2013-2018 Digital. Ausg.: München : Bayerische Staatsbibliothek, Münchener Digitalisierungszentrum, 2013-2018
    Dates of Publication: Urheberrechtsfreie Bände digitalisiert oder im Digitalisierungsprozess 1.1872 - 95.1965; N.S. 1.1995 - 5.1999
    Additional Information: 1966 - 1994 aufgeg. in Man
    Parallel Title: Elektronische Reproduktion von Royal Anthropological Institute of Great Britain and Ireland The journal of the Royal Anthropological Institute
    Former Title: Fortsetzung von Anthropological Society of London [Tb1] Memoirs read before the Anthropological Society of London
    Former Title: Fortsetzung von Ethnological Society Journal of the Ethnological Society of London
    Former Title: Fortsetzung von Journal of anthropology
    Former Title: Journal of the Anthropological Institute of Great Britain and Ireland
    Former Title: Journal of the Royal Anthropological Institute of Great Britain and Ireland
    DDC: 570
    Keywords: Zeitschrift ; Anthropologie ; Zeitschrift ; Ethnologie ; Zeitschrift ; Anthropologie
    Note: Zusatz ab N.S. 1.1995 , Ersch. vierteljährl , Repr.: Nendeln : Kraus; New York, NY : Johnson , Digital. Ausg.: München : Bayerische Staatsbibliothek, Münchener Digitalisierungszentrum, 2013-2018
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  • 2
    Online Resource
    Online Resource
    Wiesbaden : Steiner ; 59.1972 -
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    ISSN: 2365-2136 , 2365-2136 , 0042-5699 , 0340-8728
    Language: German
    Pages: Online-Ressource
    Dates of Publication: 59.1972 -
    Parallel Title: Erscheint auch als Vierteljahrschrift für Sozial- und Wirtschaftsgeschichte
    Former Title: Fortsetzung von Vierteljahrschrift für Sozial- und Wirtschaftsgeschichte
    Keywords: Geschichte ; Wirtschaft ; Sozialgeschichte ; Zeitschrift ; Geschichte ; Zeitschrift ; Zeitschrift ; Elektronische Publikation
    Note: Gesehen am 06.10.2022
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  • 3
    Online Resource
    Online Resource
    London : Inst. | London : Cass | Abingdon : Routledge, Taylor & Francis Group ; 1.1971 -
    Show associated volumes/articles
    ISSN: 1743-971X , 0038-545X , 0038-545X
    Language: English
    Pages: Online-Ressource
    Dates of Publication: 1.1971 -
    Parallel Title: Erscheint auch als Soviet Jewish affairs
    Parallel Title: Erscheint auch als East European Jewish affairs
    Keywords: Juden ; Zeitschrift ; Osteuropa ; Zeitschrift
    Note: Gesehen am 22.03.2021
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  • 4
    Online Resource
    Online Resource
    Münster [u.a.] : Waxmann | Berlin : de Gruyter | Stuttgart [u.a.] : Kohlhammer | Göttingen : Schwartz ; im Digitalisierungsprozess N.F. 1=39.1929/30 - 11=49.1940; 50.1953 -
    ISSN: 0044-3700 , 0044-3700 , 2699-5522
    Language: German
    Pages: Online-Ressource
    Edition: Berlin Humboldt-Universität zu Berlin, Universitätsbibliothek 2013 Digital. Ausg.: Berlin : Humboldt-Universität zu Berlin, Universitätsbibliothek, 2013
    Dates of Publication: im Digitalisierungsprozess N.F. 1=39.1929/30 - 11=49.1940; 50.1953 -
    Parallel Title: Druckausg. Zeitschrift für Volkskunde
    Parallel Title: Online-Ausg. Zeitschrift für Volkskunde
    Former Title: Vorg. Verein für Volkskunde (Berlin) Zeitschrift des Vereins für Volkskunde
    DDC: 390
    Keywords: Zeitschrift ; Zeitschrift ; Zeitschrift ; Zeitschrift ; Zeitschrift
    Note: Digital. Ausg.: Berlin : Humboldt-Universität zu Berlin, Universitätsbibliothek, 2013
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  • 5
    Online Resource
    Online Resource
    Berlin : Dietrich Reimer Verlag GmbH | Stuttgart : Kohlhammer | Leipzig : Harrassowitz | Bamberg : Meisenbach | Wiesbaden : Harrassowitz | Wiesbaden : Steiner ; 1.1938/40 -
    ISSN: 0078-7809
    Language: German
    Pages: Online-Ressource
    Dates of Publication: 1.1938/40 -
    Parallel Title: Erscheint auch als Paideuma
    Parallel Title: Druckausg. 12.1966 Mitteilungen zur Kulturkunde
    Former Title: Mitteilungen zur Kulturkunde
    DDC: 900
    Keywords: Ethnologie ; Volkskunde ; Kultur ; Ethnologie ; Ethnologie ; Afrika ; Zeitschrift ; Zeitschrift ; Online-Publikation ; Zeitschrift ; Online-Publikation ; Zeitschrift ; Online-Publikation ; Zeitschrift ; Online-Publikation ; Zeitschrift ; Zeitschrift ; Online-Publikation ; Zeitschrift ; Online-Publikation ; Zeitschrift ; Online-Publikation ; Zeitschrift ; Online-Publikation ; Zeitschrift ; Zeitschrift ; Zeitschrift ; Ethnologie ; Zeitschrift ; Online-Publikation ; Volkskunde ; Zeitschrift ; Online-Publikation ; Kultur ; Ethnologie ; Zeitschrift ; Online-Publikation ; Afrika ; Ethnologie ; Zeitschrift ; Online-Publikation
    Note: Gesehen am 26.06.23 , Beteil. Körp. bis 2.1941/43: Forschungsinstitut für Kulturmorphologie an der Johann Wolfgang Goethe-Universität Frankfurt
    URL: Volltext  (kostenfrei)
    URL: Volltext  (kostenfrei)
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  • 6
    Online Resource
    Online Resource
    Oxford [u.a.] : Wiley-Blackwell | London : Inst. | Oxford [u.a.] : Blackwell Publ. ; [N.S.] 1.1995 -
    ISSN: 1467-9655 , 1359-0987
    Language: English
    Pages: Online-Ressource
    Dates of Publication: [N.S.] 1.1995 -
    Parallel Title: Erscheint auch als Royal Anthropological Institute of Great Britain and Ireland The journal of the Royal Anthropological Institute
    Former Title: Fortsetzung von Man
    DDC: 390
    Keywords: Zeitschrift ; Anthropologie ; Online-Ressource ; Zeitschrift ; Zeitschrift ; Zeitschrift ; Zeitschrift ; Zeitschrift ; Zeitschrift ; Zeitschrift ; Zeitschrift ; Zeitschrift ; Anthropologie ; Zeitschrift ; Online-Ressource
    Note: Gesehen am 08.04.22
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  • 7
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3803
    Parallel Title: Markandya, Anil How substitutable is natural capital ?
    Keywords: Natural resources ; Substitute products ; Substitution (Economics) ; Natural resources ; Substitute products ; Substitution (Economics)
    Abstract: "One of the recurring themes in the sustainability literature has been the legitimacy of using an economic framework to account for natural resources. This paper examines the potential for substituting between different inputs in the generation of income, where the inputs include natural resources such as land and energy resources. A nested constant elasticity of substitution (CES) production function is used to allow flexibility in the estimated elasticities of substitution. Also, with this specification, natural resources and other inputs are combined in different levels of the function, thus allowing for different levels of substitutability. Institutional and economic indicators are also incorporated in the production function estimated. Results show that the elasticities derived from functions involving land resources were generally around one or greater, implying a fairly high degree of substitutability. Furthermore, changes in trade openness and private sector investment have a statistically significant and direct relationship with income generation. No statistically significant relationship between income and any of the institutional indicators was found. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 1/10/2006 , Also available in print.
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 8
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3807
    Parallel Title: Fajnzylber, Pablo Releasing constraints to growth or pushing on a string?
    Keywords: Commercial credit ; Corporations Taxation ; Small business Finance ; Commercial credit ; Corporations Taxation ; Small business Finance
    Abstract: "The authors employ propensity score matching and a traditional control function approach to examine the impact of participation in various societal institutions on microfirm performance in Mexico. They find that firms that participate in credit markets, receive training, pay taxes, and belong to business associations exhibit significantly higher profits, even after controlling for the various factors that drive participation in those institutions. They also find that firms that borrow from formal or informal sources and those that pay taxes are significantly more likely to stay in business, but firms that received credit exhibit lower rates of income growth. Overall, the results suggest that even if the best performing micro-firms are more likely to be selected into participating in societal institutions, causality also runs in the opposite direction. In particular, increases in strictly or broadly defined formality have the potential for increasing profits and survival rates, and appear to bring micro-firms closer to their optimal sizes. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 1/12/2006 , Also available in print.
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 9
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3811
    Parallel Title: Luo, Xubei Nonfarm activity and rural income inequality
    Keywords: China Economic conditions 1976-2000 ; Hebei Sheng (China) Rural conditions ; Liaoning Sheng (China) Rural conditions ; China Economic conditions 1976-2000 ; Hebei Sheng (China) Rural conditions ; Liaoning Sheng (China) Rural conditions
    Abstract: "Nonfarm activity plays an increasingly important role in rural household income. Based on data from the Living Standards Measurement Study in the provinces of Hebei and Liaoning, the authors study the distribution of nonfarm income in rural China. First, they assume nonfarm income as an exogenous transfer to total income to decompose the Gini index. Second, they assume nonfarm income as a potential substitute for farm income to take household choices into account and simulate household income. The results show that nonfarm activity reduces rural income inequality by raising the income of poor households to a larger extent than that of rich households. Improving rural infrastructure and implementing universal basic education are critical to build up the capacity of households (in particular, poor households) to participate in nonfarm activity. Strengthening the links between farm activity and nonfarm activity is essential to optimize the contribution of nonfarm activity to pro-poor rural economic development. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 1/12/2006 , Also available in print.
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 10
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3816
    Parallel Title: Ferreira, Francisco H. G Inequality of opportunity and economic development
    Keywords: Educational equalization ; Equality ; Income distribution ; Power (Social sciences) ; Wealth ; Educational equalization ; Equality ; Income distribution ; Power (Social sciences) ; Wealth
    Abstract: "Just as equality of opportunity becomes an increasingly prominent concept in normative economics, the authors argue that it is also a relevant concept for positive models of the links between distribution and aggregate efficiency. Persuasive microeconomic evidence suggests that inequalities in wealth, power, and status have efficiency costs. These variables capture different aspects of people's opportunity sets, for which observed income may be a poor proxy. One implication is that the cross-country literature on income inequality and growth may have been barking up the wrong tree, and that alternative measures of the relevant distributions are needed. The authors review some of the detailed microeconomic evidence, and then suggest three research areas where further work is needed. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 1/13/2006 , Also available in print.
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 11
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3819
    Parallel Title: Gawande, Kishore S Lobbying and agricultural trade policy in the United States
    Keywords: Pressure groups ; Produce trade Government policy ; Tariff on farm produce ; Pressure groups ; Produce trade Government policy ; Tariff on farm produce
    Abstract: "The authors study whether political campaign contributions influence agricultural protection in the United States in the manner suggested by the political economy model of Grossman and Helpman (1994). This is the first attempt to test this model using agricultural data. The authors test the model using a detailed cross-sectional data set of agricultural protection, subsidies, and political action committee (PAC) contributions in the late 1990s. The model is qualitatively affirmed by the data. They make a novel attempt to solve a puzzle about the model's quantitative implications, also found in recent studies. This solution makes the simple model consistent with the complicated decisionmaking process in real world government. The results imply the underpinnings of a political economy equilibrium that will be hard to dislodge. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 1/13/2006 , Also available in print.
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 12
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3822
    Parallel Title: Manacorda, Marco Telecommunications performance, reforms, and governance
    Keywords: Telecommunication Case studies ; Telecommunication policy Case studies ; Telecommunication Case studies ; Telecommunication policy Case studies
    Abstract: "The authors assess the effects of private capital and independent regulatory agencies on telecommunications performance by using cross-country panel data from 1990 to 2003. In general, they find that having independent regulatory agencies positively affects affordability and labor productivity, but negatively affects quality. Having private capital positively affects access, quality, and labor productivity, but negatively affects affordability. However, reform policies affect industrial and developing countries differently in some cases. The authors also find that governance plays an important role as it affects performance and interacts with reform policies. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 1/17/2006 , Also available in print.
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 13
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3835
    Parallel Title: John, Patrick The urban unbanked in Mexico and the United States
    Keywords: Low-income consumers ; Low-income consumers ; Microfinance ; Microfinance ; Poor ; Poor ; Low-income consumers ; Low-income consumers ; Microfinance ; Microfinance ; Poor ; Poor
    Abstract: "This paper examines the ways in which lower-income households obtain basic financial services in urban communities in Mexico and the United States. And it discusses the efforts that private sector and government organizations are making to lower the cost or improve the quality of those services. The paper summarizes available information on these issues and assesses the rationale and challenges facing the strategies that both countries are using to improve the financial services available to lower-income households, giving particular attention to "unbanked" households, meaning households that do not have deposit accounts with any regulated deposit-taking institution, and also to lower-income households in large urban areas. In comparing the experiences of the two countries, the paper reviews the extent to which lower-income households are unbanked, their use of non-bank financial services, and strategies for improving financial services to the unbanked. The underlying differences between the countries' typical household incomes-national income per capita in Mexico in 2002 was US
    Note: Includes bibliographical references , Title from PDF file as viewed on 2/7/2006 , Also available in print.
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 14
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3841
    Parallel Title: Nicita, Alessandro Export led growth, pro-poor or not?
    Keywords: Globalization ; Job creation ; Poor ; Textile industry ; Globalization ; Job creation ; Poor ; Textile industry
    Abstract: "Madagascar's textile and apparel industry has been among the fastest growing in Sub-Saharan Africa. Fueled by low labor costs, a fairly productive labor force, and preferential access to industrial countries, Madagascar's exports of textile and apparel products grew from about US
    Note: Includes bibliographical references , Title from PDF file as viewed on 2/7/2006 , Also available in print.
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  • 15
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3844
    Parallel Title: Walque, Damien de Who gets AIDS and how?
    Keywords: HIV infections Case studies ; Sex Case studies ; HIV infections Case studies ; Sex Case studies
    Abstract: "This paper analyzes the determinants of HIV infection and associated sexual behaviors using data from the first five Demographic and Health Surveys to include HIV testing for a representative sample of the adult population. Emerging from a wealth of country relevant results, four important findings can be generalized. First, married women who engage in extra-marital sex are less likely to use condoms than single women when doing so. Second, having been in successive marriages is a significant risk-factor, as evidenced by the results on HIV infection and on sexual behaviors. Contrary to prima facie evidence, education is not associated positively with HIV status. But schooling is one of the most consistent predictors of behavior and knowledge: education predicts protective behaviors like condom use, use of counseling and testing, discussion among spouses and knowledge, but it also predicts a higher level of infidelity and a lower level of abstinence. Finally, male circumcision and female genital mutilation are often associated with sexual behaviors, practices, and knowledge related to AIDS. This might explain why in the analysis in the five countries there is no significant negative association between male circumcision and HIV status, despite recent evidence from a randomized control trial that male circumcision has a protective effect. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 2/7/2006 , Also available in print.
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 16
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3847
    Parallel Title: Mani, Muthukumara Environmental federalism
    Keywords: Environmental policy ; Environmental policy
    Abstract: "This paper provides new empirical evidence to the debate on the optimal locus of power over environmental policymaking in developing countries. The authors develop a simple lobby group model with mobile capital. The model predicts that a decentralized institutional structure leads to weaker environmental policy due to more intensive lobbying by capital owners and workers. They test this prediction using novel cross-sectional developing country data. The results are consistent with the prediction of the model, in particular for air pollution policies. The authors also find that the effect of decentralization declines with a greater degree of trade openness. They believe this is the first developing country evidence on the environmental policy effects of federalism. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 3/8/2006 , Also available in print.
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  • 17
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3850
    Parallel Title: Bussolo, Maurizio Do regional trade pacts benefit the poor?
    Keywords: Free trade ; Income distribution ; Poverty ; Free trade ; Income distribution ; Poverty
    Abstract: "The main objective of this paper is to provide an ex-ante assessment of the poverty and income distribution impacts of the Central American Free Trade Area agreement on Nicaragua. The authors use a general equilibrium macro model to simulate trade reform scenarios and estimate their price effects, while a micro-module maps these price changes into real income changes at the individual household level. A useful insight from this analysis is that even if the final total impact on poverty is not too large, its dispersion across households-due to their heterogeneity of factor endowments, inputs use, commodity production, and consumption preferences-is significant and should be taken into account when designing compensatory policies. Additionally, growth and redistribution decomposition show that, at least in the short to medium run, redistribution can be as important as growth. The main policy message that emerges from the paper is that Nicaragua should consider enlarging its own liberalization to countries other than the United States to boost trade-induced poverty reductions. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 3/8/2006 , Also available in print.
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  • 18
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3854
    Parallel Title: Claessens, Stijn Competitive implications of cross-border banking
    Keywords: Banks and banking, International ; Banks and banking, International
    Abstract: "This paper reviews the recent literature on cross-border banking, with a focus on policy implications. Cross-border banking has increased sharply in recent decades, particularly in the form of entry, and has affected the development of financial systems, access to financial services, and stability. Reviewing the empirical literature, the author finds much, although not uniform, evidence that cross-border banking supports the development of an efficient and stable financial system that offers a wide access to quality financial services at low cost. But as better financial systems have more cross-border banking, the relationship between cross-border banking and competitiveness has to be carefully judged. While developing countries have some special conditions, provided a minimum degree of oversight is in place, they experience effects similar to industrial countries. There are some questions, though, on the effects of cross-border banking on lending based on softer information and on stability. Relevant experiences from capital markets show that the degree of cross-border financial activities can affect local market sustainability and there can be path dependency when opening up to cross-border competition. Reviewing the fast changing landscape of financial services provision, the author argues that cross-border banking highlights the increased importance of competition policy in financial services provision. This competition policy cannot be traditional, institutional based, but will need to resemble that used in other network industries. Furthermore, with globalization accelerating, competition policy will need to be global, supported by greater cross-border institutional collaboration and using the General Agreement on Trade in Services (GATS) process and the disciplines of the World Trade Organization. GATS can be of special value to developing countries as it provides a binding, pro-competition framework that has proven more difficult to establish otherwise. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 3/8/2006 , Also available in print.
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  • 19
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3857
    Parallel Title: Dennis, Allen Trade liberalization, factor market flexibility, and growth
    Keywords: Morocco Commercial policy ; Tunisia Commercial policy ; Morocco Commercial policy ; Tunisia Commercial policy
    Abstract: "In recent years there has been an increasing recognition of the importance of complementary policies in enhancing the benefits of a more open trade regime. This study focuses on the importance of factor market flexibility to trade reforms. Using the Global Trade Analysis Project (GTAP) model and database, the results show that the welfare impact of trade reform is contingent on the flexibility of factor markets, with higher welfare gains occurring where factor markets are more flexible, and vice-versa. Defining two extreme factor market scenarios over Morocco and Tunisia, the author finds that the welfare gains of trade reforms under conditions of flexible factor markets can be as much as six times the gains compared with a rigid factor market scenario. This is so because whereas trade reforms may improve the incentive structure for resource reallocation, the extent to which resources move from less efficient to more efficient sectors of an economy is dependent on the degree of flexibility of factor markets. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 3/8/2006 , Also available in print.
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  • 20
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3860
    Parallel Title: Mintz, Jack M Incentives for public investment under fiscal rules
    Keywords: Capital budget ; Gross domestic product ; Investment of public funds ; Capital budget ; Gross domestic product ; Investment of public funds
    Abstract: "The authors explore the relationship between fiscal rules and capital budgeting. The current budgetary approach to limit deficits to a fixed portion of GDP or to balance budgets could undermine incentives to invest in public capital with long-run returns since politicians concerned about electoral prospects would favor expenditures providing immediate benefits to their voters. An alternative budgetary approach is to separate capital from current revenues and expenditures and relax fiscal constraints by allowing governments to finance capital expenditures with debt, as suggested by the golden rule approach to capital funding. But the effect of capital budgeting would be to provide opportunities to politicians to escape the fiscal rule constraints by shifting current expenditures into capital accounts that are difficult to measure properly, thereby leading to increased borrowing. As an alternative, the authors propose a modified golden rule limiting debt finance to a proportion of the government's investment in self-liquidating assets. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 3/8/2006 , Also available in print.
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  • 21
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3862
    Parallel Title: Available in another form Bank ownership type and banking relationships
    Keywords: Banks and banking ; Banks and banking Government ownership ; Banks and banking ; Banks and banking Government ownership
    Abstract: "The authors formulate and test hypotheses about the role of bank ownership types-foreign, state-owned, and private domestic banks-in banking relationships, using data from India. The empirical results are consistent with all of their hypotheses with regard to foreign banks. These banks tend to serve as the main bank for transparent firms, and firms with foreign main banks are most likely to have multiple banking relationships, have the most relationships, and diversify relationships across bank ownership types. The data are also consistent with the hypothesis that firms with state-owned main banks are relatively unlikely to diversify across bank ownership types. However, state-owned banks often do not provide the main relationship for firms they are mandated to serve (for example, small, opaque firms), and the predictions of negative effects on multiple banking and number of relationships hold for only one type of state-owned bank. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 3/8/2006 , Also available in print.
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  • 22
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3865
    Parallel Title: Milanovic, Branko Global income inequality
    Keywords: Equality ; Globalization ; Income distribution ; Equality ; Globalization ; Income distribution
    Abstract: "The paper presents a nontechnical summary of the current state of debate on the measurement and implications of global inequality (inequality between citizens of the world). It discusses the relationship between globalization and global inequality. And it shows why global inequality matters and proposes a scheme for global redistribution. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 3/8/2006 , Also available in print.
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  • 23
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3866
    Parallel Title: Arabsheibani, G. Reza On defining and measuring the informal sector
    Keywords: Informal sector (Economics) ; Labor supply ; Informal sector (Economics) ; Labor supply
    Abstract: "A range of alternative empirical definitions of informal activity have been employed in the literature. Choice of definition is often dictated by data availability. Different definitions may imply very different conceptual understandings of informality. In this paper the authors investigate the degree of congruence between three definitions of informality based on employment contract registration, social security protection, and the characteristics of the employer and employment using Brazilian household survey data for the period 1992 to 2001. The authors present evidence showing that 64 percent of the economically active population are informal according to at least one definition, but only 40 percent are informal according to all three. Steady compositional changes have been taking place among informal workers, conditional on definition. The econometric analysis reveals that the conditional impact of particular factors (demographic, educational attainment, and family circumstances) on the likelihood of informality varies considerably from one definition to another. The results suggest growing heterogeneity within the informal sector. Therefore, the authors argue that informal activity may be as much associated with entrepreneurial dynamism as with any desire to avoid costly contract registration and social protection. However, the authors confirm there is no a priori reason for entrepreneurial activity to be unprotected. Consequently definitions of informality based on occupation and employer size seem the most arbitrary in practice even if conceptually well-founded. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 3/8/2006 , Also available in print.
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  • 24
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3869
    Parallel Title: Schady, Norbert Rudiger Early childhood development in Latin America and the Caribbean
    Keywords: Child welfare ; Child welfare ; Early childhood education ; Early childhood education ; Child welfare ; Child welfare ; Early childhood education ; Early childhood education
    Abstract: "There is considerable evidence that young children in many developing countries suffer from profound deficits in nutrition, health, fine and gross motor skills, cognitive development, and socio-emotional development. Early childhood development (ECD) outcomes are important markers of the welfare of children. In addition, the deleterious effects of poor outcomes in early childhood can be long-lasting, affecting school attainment, employment, wages, criminality, and measures of social integration of adults. This paper considers the theoretical case to be made for investments in early childhood, selectively reviews the literature on the impact of ECD programs in the United States, discusses the evidence from Latin America and the Caribbean, and makes suggestions for future research. The focus is on the relation between outcomes in early childhood and measures of household socioeconomic status, child health, and parenting practices, as well as on the impact of specific policies and programs. The knowledge base on early childhood outcomes is still thin in Latin America and the Caribbean. There are therefore very high returns to comparative descriptive analysis in the region, as well as to careful evaluations of the impact of various programs. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 4/5/2006 , Also available in print.
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  • 25
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3871
    Parallel Title: Ravallion, Martin Does rising landlessness signal success or failure for Vietnam's agrarian transition?
    Keywords: Land reform ; Land tenure ; Rural poor ; Land reform ; Land tenure ; Rural poor ; Vietnam Economic conditions 1975- ; Regional disparities ; Vietnam Economic conditions 1975- ; Regional disparities
    Abstract: "In the wake of reforms to establish a free market in land-use rights, Vietnam is experiencing a pronounced rise in rural landlessness. To some observers this is a harmless by-product of a more efficient economy, while to others it signals the return of the pre-socialist class-structure, with the rural landless at the bottom of the economic ladder. The authors' theoretical model suggests that removing restrictions on land markets will increase landlessness among the poor, but that there will be both gainers and losers, with uncertain impacts on aggregate poverty. Empirically, they find that landlessness is less likely for the poor and that the observed rise in landlessness is poverty reducing on balance. However, there are marked regional differences, notably between the north and the south. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 4/5/2006 , Also available in print.
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  • 26
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3877
    Parallel Title: Essama-Nssah, B Propensity score matching and policy impact analysis
    Keywords: Estimation theory ; Policy sciences ; Estimation theory ; Policy sciences
    Abstract: "Effective development policymaking creates a need for reliable methods of assessing effectiveness. There should be, therefore, an intimate relationship between effective policymaking and impact analysis. The goal of a development intervention defines the metric by which to assess its impact, while impact evaluation can produce reliable information on which policymakers may base decisions to modify or cancel ineffective programs and thus make the most of limited resources. This paper reviews the logic of propensity score matching (PSM) and, using data on the National Support Work Demonstration, compares that approach with other evaluation methods such as double difference, instrumental variable, and Heckman's method of selection bias correction. In addition, it demonstrates how to implement nearest-neighbor and kernel-based methods, and plot program incidence curves in E-Views. In the end, the plausibility of an evaluation method hinges critically on the correctness of the socioeconomic model underlying program design and implementation, and on the quality and quantity of available data. In any case, PSM can act as an effective adjuvant to other methods. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 4/5/2006 , Also available in print.
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  • 27
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3878
    Parallel Title: Available in another form The distributional incidence of residential water and electricity subsidies
    Keywords: Public utilities Rates ; Subsidies ; Public utilities Rates ; Subsidies
    Abstract: "Subsidies to residential utility customers are popular among policymakers, utility managers, and utility customers alike, but they are nonetheless the subject of much controversy. Utility subsidies are seen as a way to help make utility service affordable for poor households and as an alternative mechanism for income redistribution. These arguments in favor of subsidies are countered by serious concerns about their adverse effects on consumer behavior, utility operations, and the financial health of utilities. Both the affordability and redistributive arguments for subsidies are based on the presumption that poor households benefit disproportionately from water and electricity subsidies, that they are well-targeted to the poor. The authors test this assumption by examining the extent to which the poor benefit from consumption and connection subsidies for water and electricity services. Their analysis of a wide range of subsidy models from around the developing world shows that the most common form of utility subsidy-quantity-based subsidies delivered through the tariff structure-are highly regressive. Geographically targeted or means-tested subsidies do better, and in many cases have a progressive incidence, but large numbers of poor households remain excluded. Low levels of coverage and metering severely limit the effectiveness of consumption subsidy schemes to reach the poor. Simulations suggest that connection subsidies are an attractive alternative for low coverage areas, but only if utilities have the means and motivation to extend network access to poor households and only if those households choose to connect. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 4/19/2006 , Also available in print.
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  • 28
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3883
    Parallel Title: Bosch, Mariano Gross worker flows in the presence of informal labor markets
    Keywords: Informal sector (Economics) ; Labor market ; Informal sector (Economics) ; Labor market
    Abstract: "This paper applies recent advances in the study of labor market dynamics to a representative developing country with a large informal or unregulated sector, Mexico. It studies quarterly gross flows of workers over a 15-year period that includes two recoveries and recessions, including the celebrated 1995 Tequila crisis. It finds, first, that the formal or modern salaried sector shows the same procyclical job finding rate and mildly countercyclical separation behavior identified in the recent U.S. literature, and relative wage rigidity, both consistent with Shimer (2005a) and Hall (2005). The unregulated informal sector, however, shows reasonable acyclicality in the job finding rate coupled with sharp countercyclical movements in the job separation rate, consistent with standard small firm dynamics and Davis and Haltiwanger (1992 and 1999). This interaction of regulatory coverage and firm sizes, and patterns of gross worker flows thus sheds suggestive light on the roots of countercyclical job finding behavior in the U.S. literature. Second, the patterns of worker transitions between formality and informality correspond to the job-to-job dynamics observed in the United States and not to the traditional idea of informality constituting the inferior sector of a segmented market. That said, the countercyclical job finding in the formal sector combined with the acyclical job finding in informality does lead to the latter absorbing relatively more labor during downturns. Third, aggregate employment dynamics vary across the Tequila crisis and the later 2001 slowdown, suggesting that not only the composition of employment, but the nature of the shocks is important to understanding how the labor market adjusts."--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 4/19/2006 , Also available in print.
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  • 29
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3888
    Parallel Title: Available in another form Firms' environmental performance
    Keywords: Environmental indicators ; Social responsibility of business ; Environmental indicators ; Social responsibility of business
    Abstract: "The empirical literature on environmental performance or compliance has followed two strands: one based on the impact of formal regulation as a means of inducing better environmental performance, and another centered on the role of informal regulation which mainly emphasizes the role of communities and capital markets. The authors analyze the impact of environmental news in print media on firms' environmental performance. Using data from a survey of industrial facilities in the Republic of Korea, probit estimation results indicate that the publication of environmental news in print media and the firm's awareness of this publication are important predictors of a firm's environmental performance, more so than environmental laws, regulations, and environmental training. This paper thus reemphasizes the key role of media in influencing firms' environmental performance. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 4/19/2006 , Also available in print.
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  • 30
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3887
    Parallel Title: D'Costa, Anthony P Exports, university-industry linkages, and innovation challenges in Bangalore, India
    Keywords: Business incubators ; High technology industries ; Information technology ; Business incubators ; High technology industries ; Information technology
    Abstract: "The success of the Indian software industry is now internationally recognized. Consequently, scholars, policymakers, and industry officials everywhere generally anticipate the increasing competitiveness of India in high technology activities. Using a structural framework, the author argues that Bangalore's (and India's) information technology (IT) industry is predicated on an Indian business model which does not encourage thick institutional linkages such as those encapsulated by the triple helix model. Under this institutional arrangement there is cross-fertilization of new ideas and new modes of institutional interaction between industry, academia, and government. Though there are several hundred IT businesses in a milieu of numerous engineering and science colleges and high-end public sector research institutes, the supposed thick institutional architecture is in reality quite thin. This is due to a particular type of an export-oriented model which is based on off-shore development of software services, targeted mainly to the United States. Neither domestic market nor non-U.S. markets such as East Asia are pursued aggressively by Indian firms, which offer alternative forms of learning. Consequently, Bangalore's dynamism in the IT industry stems from linear and extensive growth rather than nonlinear and intensive growth. The author argues that Bangalore has serious innovation challenges with weak university-industry linkages, lack of inter-firm collaboration, and the absence of cross-fertilization between the knowledge-intensive defense/public sector and the commercial IT industry. To strengthen Bangalore's and India's innovation system, the Indian business model must be reformed by diversifying geographical and product markets, stemming international and internal brain drain, and contributing to urban infrastructure. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 4/19/2006 , Also available in print.
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  • 31
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3892
    Parallel Title: Grose, Claire Promoting access to primary equity markets
    Keywords: Capital market ; Stocks ; Capital market ; Stocks
    Abstract: "This paper examines legal and regulatory measures that can be taken to promote access to the primary market in emerging market economies. While capital market development depends on many factors including, primarily, a favorable macroeconomic environment, an appropriately designed and effective legal and regulatory framework can help to encourage market growth and to increase access to finance for all companies, including small- and medium-sized enterprises. In this paper we identify the basic necessities that underpin a regulatory regime that is cost effective and strikes an appropriate balance between, on the one hand, laws and regulations that may be too restrictive to achieve a supply of capital and, on the other, those that may be so relaxed that investors feel that there is an unacceptable level of risk and do not care to venture into the market. We explore the legal foundations for the successful operation of a primary market for securities and identify disclosure and effective monitoring and enforcement as essential elements of legal protection. We then examine different legal and regulatory approaches for improving access to finance. We discuss measures that can be used by traditional stock exchanges to attract smaller enterprises to their lists as well as recent initiatives to create second boards or divide the main board into different market segments. We also discuss different mechanisms for companies to raise funds outside of a formal stock market listing, including private placements and private equity. Finally, we propose some recommendations for a simple legal and regulatory framework that will help promote access to primary equity markets, via both the traditional exchange as well as other alternatives. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 4/19/2006 , Also available in print.
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  • 32
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3893
    Parallel Title: Verme, Paolo Constraints to growth and job creation in low-income commonwealth of independent states countries
    Keywords: Unemployment ; Unemployment
    Abstract: "Despite sustained output growth since 1997, low-income Commonwealth of Independent States (CIS) countries (CIS-7) have not experienced growth in employment, a phenomenon observed elsewhere in transitional economies and labeled as "jobless growth." The author addresses the causes of this phenomenon in the CIS-7. He argues that the lack of job creation is explained by a combination of structural factors, including capital-intensive growth, large potential for productivity gains among existing workers, and compartmentalized economies best depicted by a dual labor market framework. Agriculture and industry have performed asymmetrically and grown apart during the recession and during the growth periods. Agriculture provides subsistence and refuge from urban poverty and unemployment but is unable to grow beyond subsistence because it is disconnected from industrial manufacturing and because the agricultural infrastructure is depleted and underinvested. Industry has progressively lost its manufacturing capacity, and focuses on capital-intensive, highly productive sectors, and provides good wages for the few highly skilled workers. With governments and the international community currently refraining from investing in agricultural and industrial policies focused on reviving manufacturing, jobless growth is likely to persist. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 4/19/2006 , Also available in print.
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  • 33
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3897
    Parallel Title: Schmukler, Sergio L International financial integration through the law of one price
    Keywords: International economic integration ; International finance ; International economic integration ; International finance
    Abstract: "The authors argue that the cross-market premium (the ratio between the domestic and the international market price of cross-listed stocks) provides a valuable measure of international financial integration, reflecting accurately the factors that segment markets and inhibit price arbitrage. Applying to equity markets recent methodological developments in the purchasing power parity literature, they show that nonlinear Threshold Autoregressive (TAR) models properly capture the behavior of the cross market premium. The estimates reveal the presence of narrow non-arbitrage bands and indicate that price differences outside these bands are rapidly arbitraged away, much faster than what has been documented for good markets. Moreover, the authors find that financial integration increases with market liquidity. Capital controls, when binding, contribute to segment financial markets by widening the non-arbitrage bands and making price disparities more persistent. Crisis episodes are associated with higher volatility, rather than by more persistent deviations from the law of one price. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 4/24/2006 , Also available in print.
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  • 34
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3901
    Parallel Title: Anderson, Kym Do global trade distortions still harm developing country farmers ?
    Keywords: Farm income ; Free trade ; Globalization ; Rural poor ; Farm income ; Free trade ; Globalization ; Rural poor
    Abstract: "The authors estimate the impact of global merchandise trade distortions and services regulations on agricultural value added in various countries. Using the latest versions of the Global Trade Analysis Project (GTAP) database and the GTAP-AGR model of the global economy, their results suggest real net farm incomes would rise in developing countries with a move to free trade, thereby alleviating rural poverty. This occurs despite a terms of trade deterioration for developing countries that are net food importers or that enjoy preferential access to agricultural markets of high-income countries. The authors also show, for several large developing countries, the contribution of their own versus other countries' trade policies. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 4/24/2006 , Also available in print.
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  • 35
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3903
    Parallel Title: Acosta, Pablo Labor supply, school attendance, and remittances from international migration
    Keywords: Emigrant remittances ; Labor supply ; School attendance ; Emigrant remittances ; Labor supply ; School attendance
    Abstract: "The objective of this paper is to present microeconomic evidence on the economic effects of international remittances on households' spending decisions. Remittances can increase the household budget and reduce liquidity constraint problems, allowing more consumption and investment. In particular, remittances can afford investing in children's human capital, a key outcome for the discussion of the perspective of growth in a high recipient developing country. Robust estimates that take into account both selection and endogeneity problems in estimating an average impact of remittances are substantially different from least squares (OLS) estimates presented in previous studies, indicating the importance of dealing with these methodological concerns. After controlling for household wealth and using selection correction techniques such as propensity score matching as well as village and household networks as instruments for remittances receipts, average estimates suggest that girls and young boys (less than 14 years old) from recipient households seem to be more likely to be enrolled at school than those from nonrecipient households. Remittances are also negatively related to child labor and adult female labor supply, while adult male labor force participation remains unaffected on average. The results signaling that the additional income derived from migration increases girls' education and reduces women's labor supply, with no major impact on activity choice for males 14 years or older, suggest the presence of gender differences in the use of remittances across (and possibly, within) households. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 4/24/2006 , Also available in print.
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  • 36
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3911
    Parallel Title: Kaiser, Kai Evaluating fiscal equalization in Indonesia
    Keywords: Decentralization in government ; Intergovernmental fiscal relations ; Decentralization in government ; Intergovernmental fiscal relations
    Abstract: "This paper presents a methodology to evaluate fiscal decentralization focusing on the potential mis-targeting of intergovernmental fiscal equalization transfers. The approach builds on an explicit comparison and the summary measurement of different (horizontal) allocation distributions across states or localities. Whereas formula-based fiscal transfers have the merit of being transparent and promoting revenue predictability in fiscal decentralization, in practice, two challenges emerge: (1) What are the appropriate formula designs given the sub-national data constraints evident in most decentralizing developing countries? and (2) How costly in terms of mis-targeting to the presumed expenditure needs and fiscal capacity are deviations from these types of benchmark formulas (for example, due to historical factors or the need to meet establishment costs such as civil service wages)? The authors illustrate this approach by assessing Indonesia's evolving intergovernmental fiscal system instituted in the 2001 Big Bang decentralization. The discussion comes against Indonesia's recent policy decision to fully fund sub-national civil servant wages as part of the base general allocation grant (DAU) transfers, raising questions about both incentive effects for local governments and potential mis-targeting. The authors identify potential efficiency losses from the DAU's horizontal misallocation from half a dozen alternative scenarios found in the policy dialogue, ranging from 9 to 30 percent-on the order of US
    Note: Includes bibliographical references , Title from PDF file as viewed on 5/10/2006 , Also available in print.
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  • 37
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3915
    Parallel Title: Lall, Somik V Rural-urban migration in developing countries
    Keywords: Migration, Internal ; Rural-urban migration ; Migration, Internal ; Rural-urban migration
    Abstract: "The migration of labor from rural to urban areas is an important part of the urbanization process in developing countries. Even though it has been the focus of abundant research over the past five decades, some key policy questions have not found clear answers yet. To what extent is internal migration a desirable phenomenon and under what circumstances? Should governments intervene and, if so, with what types of interventions? What should be their policy objectives? To shed light on these important issues, the authors survey the existing theoretical models and their conflicting policy implications and discuss the policies that may be justified based on recent relevant empirical studies. A key limitation is that much of the empirical literature does not provide structural tests of the theoretical models, but only provides partial findings that can support or invalidate intuitions and in that sense, support or invalidate the policy implications of the models. The authors' broad assessment of the literature is that migration can be beneficial or at least be turned into a beneficial phenomenon so that in general migration restrictions are not desirable. They also identify some data issues and research topics which merit further investigation. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 5/17/2006 , Also available in print.
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  • 38
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3917
    Parallel Title: Anderson, Kym Recent and prospective adoption of genetically modified cotton
    Keywords: World Trade Organization ; World Trade Organization ; Cotton trade ; Transgenic plants ; Cotton trade ; Transgenic plants
    Abstract: "The authors provide estimates of the economic impact of initial adoption of genetically modified (GM) cotton and of its potential impacts beyond the few countries where it is currently common. They use the latest version of the Global Trade Analysis Project (GTAP) database and model. The results suggest that by following the lead of China and South Africa, adoption of GM cotton varieties by other developing countries-especially in Sub-Saharan Africa-could provide even larger proportionate gains to farmer and national welfare than in those first-adopting countries. Furthermore, the estimated gains are shown to exceed those from a successful campaign under the World Trade Organization's Doha Development Agenda to reduce and remove cotton subsidies and import tariffs globally. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 5/17/2006 , Also available in print.
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  • 39
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3921
    Parallel Title: Gatti, Roberta Does access to credit improve productivity?
    Keywords: Credit ; Industrial productivity ; Credit ; Industrial productivity
    Abstract: "Although it is widely accepted that financial development is associated with higher growth, the evidence on the channels through which credit affects growth on the micro-level is scant. Using data from a cross section of Bulgarian firms, the authors estimate the impact of access to credit (as proxied by indicators of whether firms have access to a credit or overdraft facility) on productivity. To overcome potential omitted variable bias of OLS estimates, they use information on firms' past growth to instrument for access to credit. The authors find credit to be positively and strongly associated with total factor productivity. These results are robust to a wide range of robustness checks. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 5/17/2006 , Also available in print.
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  • 40
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3927
    Parallel Title: Swift, Zhicheng Li Managing the effects of tax expenditures on national budgets
    Keywords: Tax expenditures ; Taxation ; Tax expenditures ; Taxation
    Abstract: "Tax expenditures, in the form of tax provisions, are government expenditures. They are conceptually and functionally distinct from those tax provisions whose purpose is to raise revenue. Tax expenditure programs are comparable to entitlement programs. Therefore, tax expenditures must be analyzed in spending terms and integrated into the budgetary process to ensure fiscal accountability. In addition, tax expenditures must be audited for performance and the information must be published (with comprehensive analysis) to ensure fiscal transparency. The author analyzes the concept and definition, size, and effects of tax expenditures, as well as the fiscal accountability and transparency of tax expenditure spending. In short, tax expenditures affect (1) the budget balance, (2) budget prioritization in allocation, (3) the effectiveness and efficiency of fiscal resources, and (4) the scope for abuse by taxpayers, government officials and legislators. While reviewing the current practices in tax expenditures against the requirements of fiscal accountability and transparency, she finds that this fiscal area must be strengthened. The author sketches four building blocks to strengthen tax expenditures toward fiscal accountability and transparency, based on the literature developed by Surry and McDaniel, the practices from industrial and developing countries, the Campos and Pradhan fiscal accountability model, and the International Monetary Fund's fiscal transparency code. The author argues that normative/benchmark tax structure, a revenue-raising component of the tax system, should be formalized. The normative/benchmark tax structure should be legally defined in the tax law and should be transparent. The tax receipts from this normative/benchmark tax structure should be quantified and published. Presently, many countries could publish imputed tax revenue from normative/benchmark tax structures because such data is available. Only if imputed tax revenue is published in the same way as the other budget components-tax revenue received, tax expenditures, direct expenditures, and fiscal balance-will a budget system be truly transparent in terms of revenue-raising activities and expenditure activities. In addition, when the tax revenue-raising activity is formalized, the inherent spending nature of tax expenditures is further exposed. Therefore, tax expenditures should be added to direct expenditures forming total government expenditures. Furthermore, the conventional concept of the size of government should be remedied by including both direct expenditures and tax expenditures. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 9/1/2006 , Also available in print.
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  • 41
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3930
    Parallel Title: Schady, Norbert Rudiger Cash transfers, conditions, school enrollment, and child work
    Keywords: Child labor ; School attendance ; Student aid ; Child labor ; School attendance ; Student aid
    Abstract: "The impact of cash transfer programs on the accumulation of human capital is a topic of great policy importance. An attendant question is whether program effects are larger when transfers are "conditioned" on certain behaviors, such as a requirement that households enroll their children in school. This paper uses a randomized study design to analyze the impact of the Bono de Desarrollo Humano (BDH), a cash transfer program, on enrollment and child work among poor children in Ecuador. There are two main results. First, the BDH program had a large, positive impact on school enrollment, about 10 percentage points, and a large, negative impact on child work, about 17 percentage points. Second, the fact that some households believed that there was a school enrollment requirement attached to the transfers, even though such a requirement was never enforced or monitored in Ecuador, helps explain the magnitude of program effects. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/30/2006 , Also available in print.
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  • 42
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3938
    Parallel Title: Beck, Thorsten Creating a more efficient financial system
    Keywords: Banks and banking Government policy ; Finance ; Banks and banking Government policy ; Finance
    Abstract: "While Bangladesh has embarked on a path to reform its financial system, most prominently by privatizing its government-owned banks, the Nationalized Commercial Banks (NCBs), a sustainable long-term expansion of the financial system requires a more substantial change in the role of government. Using recent research and international comparisons, this paper argues that the government should move from its role as an operator and arbiter in the financial system to a facilitator role. This implies not only divestment from government-owned banks, but also de-politicization of the licensing process and a market-based bank failure resolution framework that focuses on intermediation and not on the rescue of individual institutions. Most important, the government should move away from the implicit guarantee for depositors and owners to applying the existing limited explicit deposit insurance for depositors, while simultaneously relying more on market participants to monitor and discipline banks instead of micro-managing financial institutions. This redefinition of government's role should not be limited to the banking system, but applies to other segments of the financial system, such as capital markets and the micro-finance sector, and should be seen as an essential element in the governance reform agenda and in the movement from a relationship-based economy to a market and arms-length economy. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/30/2006 , Also available in print.
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  • 43
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3943
    Parallel Title: Foster, Vivien Is cost recovery a feasible objective for water and electricity?
    Keywords: Infrastructure (Economics) ; Public utilities ; Infrastructure (Economics) ; Public utilities
    Abstract: "Given the relatively small segment of the population that faces genuine affordability problems in Latin America, there appears to be a promising case for using targeted subsidies to reconcile the cost recovery objective with social protection concerns. Social tariff schemes of various kinds are already widespread in Latin America, but they suffer from a number of design flaws. Increasing block tariff (IBT) structures are the most prevalent form of social tariffs in the region. These are likely to be more successful in the electricity sector than in the water sector because the correlation between consumption and income is much stronger in the case of electricity than water. Moreover, IBT structures in electricity tend to be much better designed than in the case of water, with lower fixed charges, lower subsistence blocks, and steeper gradients. A number of more sophisticated social tariff schemes are also being applied that combine consumption criteria with some form of socioeconomic screening. These are generally found to perform better than IBTs, although they also present significant room for improvement. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/28/2006 , Also available in print.
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  • 44
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3945
    Parallel Title: Mansuri, Ghazala Migration, school attainment, and child labor
    Keywords: Educational attainment ; Emigrant remittances ; Sexism ; Educational attainment ; Emigrant remittances ; Sexism ; Pakistan Emigration and immigration ; Pakistan Emigration and immigration
    Abstract: "Inequalities in access to education pose a significant barrier to development. It has been argued that this reflects, in part, borrowing constraints that inhibit private investment in human capital by the poor. One promise of the recent proposals to open international labor markets to allow for the temporary economic migration of low-skilled workers from developing to industrial countries is its potential impact on human capital accumulation by the poor. The large remittance flows from migrants to their communities of origin underscores this aspect of migration. However, migration can also transform expectations of future employment and induce changes in household structure that can exert an independent effect on the private returns to investment in human capital. The author explores the relationship between temporary economic migration and investment in child schooling. A key challenge is to deal appropriately with selection into migration. She finds that the potential positive effects of temporary economic migration on human capital accumulation are large. Moreover, the gains are much greater for girls, yielding a very substantial reduction in gender inequalities in access to education. Significantly, though, the gains appear to arise almost entirely from the greater resource flows to migrant households. The author cannot detect any effect of future migration prospects on schooling decisions. More significantly, she does not find any protective effect of migration-induced female headship on schooling outcomes for girls. Rather, female headship appears to protect boys at the cost of girls. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/28/2006 , Also available in print.
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  • 45
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3951
    Parallel Title: Eschenbach, Felix Services policies in transition economies
    Keywords: European Union ; World Trade Organization ; European Union ; World Trade Organization ; Free trade ; Service industries ; Free trade ; Service industries
    Abstract: "The authors analyze the extent to which the EU-15 and 16 transition economies used the WTO General Agreement on Trade in Services (GATS) to commit to service sector policy reforms. They compare GATS commitments with the evolution of actual policy stances over time. While there is substantial variance across transition economies on both actual policies and GATS commitments, the authors find an inverse relationship between the depth of GATS commitments and the "quality" of actual services policies as assessed by the private sector. In part this can be explained by the fact that the prospect of EU accession makes GATS less relevant as a commitment device for a subset of transition economies. But for many of the non-EU accession candidates, the WTO seems to be a weak commitment device. One explanation is that the small size of the markets concerned generates weak external enforcement incentives. The authors' findings suggest greater collective investment by WTO members in monitoring and the need for transparency to increase the benefits of WTO membership to small countries. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/28/2006 , Also available in print.
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  • 46
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3955
    Parallel Title: Demirguç-Kunt, Asli Finance and economic development
    Keywords: Finance ; Finance ; Developing countries Economic policy ; Developing countries Economic policy
    Abstract: "The empirical literature on finance and development suggests that countries with better developed financial systems experience faster economic growth. Financial development-as captured by size, depth, efficiency, and reach of financial systems-varies sharply around the world, with large differences among countries at similar levels of income. This paper argues that governments play an important role in building effective financial systems and discusses different policy options to make finance work for development. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/23/2006 , Also available in print.
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  • 47
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3958
    Parallel Title: Kuijs, Louis How will China's saving-investment balance evolve ?
    Keywords: Saving and investment ; Saving and investment
    Abstract: "This paper investigates how China's saving, investment, and saving-investment balance will evolve in the decades ahead. Household saving in China is relatively high compared with OECD countries. However, much of China's high economywide saving, and the difference between China and other countries, are due to unusually high enterprise and government saving. Moreover, cross-country empirical analysis shows that economywide saving and investment in China are higher than what would be expected, even adjusting for differences in economic structure. Combined, these findings suggest that much of China's high saving is the result of policies particular to China. Looking ahead, the econometric results suggest that purely on the basis of projected structural developments-including development, changes in economic structure, urbanization, and demographics-saving and investment would both decline only mildly in the coming two decades, with ambiguous impact on the current account surplus. However, the potential effect on saving, investment, and the saving-investment balance of several policy adjustments could be large. Several of these policies are identified and their likely impact assessed and quantified. This exercise suggests that rebalancing along these lines should reduce both saving and the current account surplus over time, although the surplus is unlikely to turn into a deficit soon. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/23/2006 , Also available in print.
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  • 48
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3964
    Parallel Title: Ersado, Lire Income diversification in Zimbabwe
    Keywords: Income distribution ; Income distribution ; Zimbabwe Economic conditions 1980- ; Zimbabwe Economic conditions 1980-
    Abstract: "The author examines, taking into account the urban-rural divides, the changes and welfare implications of income diversification in Zimbabwe following macroeconomic policy changes and droughts of the early 1990s. Data from two comparable national income, consumption and expenditure surveys in 1990-91 and 1995-96, which straddled a period of economic volatility and natural disasters, show that the percentage of households earning income from private and informal sources grew considerably, while that from government and formal sources declined in the aftermath of the drought and policy changes. The author finds that, in general, rural households tend to have a more diversified portfolio of income compared with their urban counterparts, and the degree of diversification decreases with the level of urbanization. However, there are important differences in the level of diversification within the rural and urban areas depending on wealth: While the relatively better-off households have a more diversified income base in rural areas, it is the poor who pursue multiple income sources in urban areas. A decomposition of changes in welfare indicates that the total contribution of income diversification is large and increased between 1990-91 and 1995-96 in both urban and rural areas. On the other hand, there were significant declines in returns to human and physical capital assets during the same period. The findings suggest that households with a more diversified income base are better able to withstand the unfavorable impacts of the policy and weather shocks. The fact that relatively better-off households have a more diversified income base following the shocks implies that the poor are more vulnerable to economic changes unaccompanied by well-designed safety nets. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/23/2006 , Also available in print.
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  • 49
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3967
    Parallel Title: Banerjee, Abhijit Can information campaigns spark local participation and improve outcomes?
    Keywords: Advertising campaigns ; Public schools ; School management and organization Decsion making ; Advertising campaigns ; Public schools ; School management and organization Decsion making
    Abstract: "There is a growing belief in development policy circles that participation by local communities in basic service delivery can promote development outcomes. A central plank of public policy for improving primary education services in India is the participation of village education committees (VECs), consisting of village government leaders, parents, and teachers. The authors report findings from a survey in the state of Uttar Pradesh, of public schools, households, and VEC members, on the status of education services and the extent of community participation in the public delivery of education services. They find that parents do not know that a VEC exists, sometimes even when they are supposed to be members of it; VEC members are unaware of even key roles they are empowered to play in education services; and public participation in improving education is negligible, and correspondingly, people's ranking of education on a list of village priorities is low. Large numbers of children in the villages have not acquired basic competency in reading, writing, and arithmetic. Yet parents, teachers, and VEC members seem not to be fully aware of the scale of the problem, and seem not to have given much thought to the role of public agencies in improving outcomes. Learning failures coexist with public apathy to improving it through public action. Can local participation be sparked through grassroots campaigns that inform communities about the VEC and its role in local service delivery? Can such local participation actually affect learning outcomes, and can any impact be sustained? The authors describe information and advocacy campaigns that have been experimentally implemented to address some of the problems with local participation, and future research plans to evaluate their impact. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/21/2006 , Also available in print.
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  • 50
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3972
    Parallel Title: Walker, Eduardo Annuity markets in Chile
    Keywords: Annuities ; Annuities
    Abstract: "The author studies annuity rates in Chile and relates them with industry competition. He finds (1) that annuity insurance companies paying higher broker commissions paid lower annuity rates; and (2) a structural break of the long-run elasticity of annuity rates to the risk-free rate in 2001. Moreover, this structural break coincided with the submission of a new draft pension law proposing greater transparency in annuity markets and a generalized drop in broker commissions. The high commissions charged in the 1990s were partly returned to annuitants as informal (and illegal) cash rebates. Myopic pensioners preferred cash rebates over present values. Thus, the legal threat caused the drop in broker commissions, reduced the illegal practice of cash rebates, increased competition by way of annuity rates, and raised the long-run elasticity to one. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/21/2006 , Also available in print.
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  • 51
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3977
    Parallel Title: Dean, Judith Myrle Quantifying the value of U.S. tariff preferences for developing countries
    Keywords: Tariff preferences ; Tariff preferencez ; Tariff preferences ; Tariff preferencez
    Abstract: "In recent debates, trade preference erosion has been viewed by some as damaging to developing countries, and by others as insignificant, except in a few cases. But little data have been available to back either view. The objective of this paper is to improve our measures of the size, utilization, and value of all U.S. nonreciprocal trade preference programs in order to shed light on this debate. Highly disaggregated data are used to quantify the margins, coverage, utilization, and value of agricultural and nonagricultural tariff preferences for all beneficiary countries in the U.S. regional programs and in the Generalized System of Preferences. Results show that U.S. regional tariff preference programs are generally characterized by high coverage of beneficiary countries'exports, high utilization by beneficiary countries, and low tariff preference margins (except on apparel). For 29 countries, the value of U.S. tariff preferences was 5 percent or more of 2003 dutiable exports to the United States, even after incorporating actual utilization. Most of this value is attributable to nonagricultural tariff preferences, and to apparel preferences in particular. These results suggest that preference erosion may be significant for more countries than many had thought. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/25/2006 , Also available in print.
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  • 52
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3980
    Parallel Title: Klytchnikova, Irina Trade reforms, farm productivity, and poverty in Bangladesh
    Keywords: Agricultural productivity ; Free trade ; Poverty ; Agricultural productivity ; Free trade ; Poverty ; Bangladesh Rural conditions ; Bangladesh Rural conditions
    Abstract: "This paper analyzes the distributional impacts of trade reforms in rural areas of Bangladesh. The liberalization of trade in irrigation equipment and fertilizer markets during the early 1990s has led to structural changes in the agricultural sector and a significant increase in rice productivity. A resulting increase in output has been associated with a decline in producer and consumer rice prices of approximately 25 percent. Using a combination of ex-post and ex-ante approaches, the authors investigate the implications of the changes in rice productivity and prices for the welfare of households. They find that the net effects of increased rice productivity and lower rice prices have benefited the poor. Regardless of the particular category analyzed, the poorest households emerged as being particularly positively affected by reforms in the 1990s. This mainly reflects the fact that they are predominantly net rice buyers in both urban and rural markets. In contrast, large net sellers of rice, among the better-off households in the rural areas, were the main losers. Since net buyers in rural areas tend to be poorer than net sellers, trade liberalization has benefited the poor. Although the authors are not able to test empirically what has happened to the welfare level of agricultural wage earners, secondary evidence suggests that they have gained from trade liberalization. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/21/2006 , Also available in print.
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  • 53
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3984
    Parallel Title: Klapper, Leora A firm-level analysis of small and medium size enterprise financing in Poland
    Keywords: Service industries ; Small business Finance ; Service industries ; Small business Finance
    Abstract: "The authors test competing theories of capital structure choices using firm-level data on firm borrowings. The majority of firms in the dataset are privately owned, young, micro or small and medium enterprise (SME) firms concentrated in the service sector. In general, the financing pattern of firms is low leverage ratios and, in particular, low levels of intermediated financing and long-term financing. Average firm growth rates decreased during the five years of the sample period. Average profitability growth ratios are also negative across age and sectors and large firms have the highest negative profit growth rates. Statistical tests find a positive firm size effect on financial intermediation. Larger firms have higher leverage ratios (both short term and long term), including higher use of trade credit. There is also a negative influence of profitability on leverage ratios (more profitable firms use less external financing), which supports the "pecking order" theory that in environments with greater asymmetric information (such as weaker credit information) firms prefer to use internal or inter-firm financing. Finally, firms operating in a competitive environment have higher leverage ratios. For instance, young, small firms are the most active employment generators in the Polish economy. In particular, the authors find that although SMEs seem to be very active in creating jobs in recent years. This suggests that a new type of firm is emerging that is more market and profit-oriented. But at the same time, these firms appear to have financial constraints that impede their growth. Improvements in the business environment, such as better credit and registry information, could help promote growth in this sector. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/21/2006 , Also available in print.
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  • 54
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3988
    Parallel Title: Fernandes, Ana Margarida Firm productivity in Bangladesh manufacturing industries
    Keywords: Industrial productivity ; Industrial productivity
    Abstract: "The author studies the determinants of total factor productivity (TFP) for manufacturing firms in Bangladesh using data from a recent survey. She obtains TFP measures by making use of firm-specific deflators for output and inputs. Controlling for industry, location, and year fixed effects, she finds that: (1) firm size and TFP are negatively correlated; (2) firm age and TFP exhibit an inverse-U shaped relationship; (3) TFP improves with the quality of the firm's human capital; (4) global integration improves TFP; (5) firms with research and development activities and quality certifications have higher TFP, while more advanced technologies improve TFP only in the presence of significant absorptive capacity; (6) power supply problems cost firms heavily in terms of TFP losses; and (7) the presence of crime dampens TFP. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/21/2006 , Also available in print.
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  • 55
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3990
    Parallel Title: Coviello, Decio Does aid help improve economic institutions ?
    Keywords: Economic assistance ; Institutional economics ; Economic assistance ; Institutional economics
    Abstract: "Aid is expected to promote better living standards by raising investment and growth. But aid may also affect institutions directly. In theory, these effects may or may not work in the same direction as those on investment. The authors examine the effect of aid on economic institutions and find that aid has neither a positive nor a negative impact on existing measures of economic institutions. They find the results using pooled data for non-overlapping five-year periods, confirmed by pooled annual regressions for a large panel of countries and by pure cross-section regressions. The authors explicitly allow for time invariant effects that are country specific and find the results to be robust to model specifications, estimation methods, and different data sets. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/21/2006 , Also available in print.
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  • 56
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3994
    Parallel Title: Gertler, Paul Investing cash transfers to raise long term living standards
    Keywords: Transfer payments ; Transfer payments ; Mexico Rural conditions ; Mexico Rural conditions
    Abstract: "The authors test whether poor households use cash transfers to invest in income generating activities that they otherwise would not have been able to do. Using data from a controlled randomized experiment, they find that transfers from the Oportunidades program to households in rural Mexico resulted in increased investment in micro-enterprise and agricultural activities. For each peso transferred, beneficiary households used 88 cents to purchase consumption goods and services, and invested the rest. The investments improved the household's ability to generate income with an estimated rate of return of 17.55 percent, suggesting that these households were both liquidity and credit constrained. By investing transfers to raise income, beneficiary households were able to increase their consumption by 34 percent after five and a half years in the program. The results suggest that cash transfers to the poor may raise long-term living standards, which are maintained after program benefits end. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/21/2006 , Also available in print.
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  • 57
    Language: English
    Pages: Online-Ressource
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    Series Statement: Policy research working paper 3998
    Parallel Title: Available in another form Dimensions of urban poverty in the Europe and Central Asia region
    Keywords: Urban poor Case studies ; Urban poor Case studies ; Urban poor Case studies ; Urban poor Case studies
    Abstract: "The objective of this study is to contribute to a better understanding of the extent and nature of poverty in urban areas in transition countries in Eastern Europe and the former Soviet Union, providing particular attention to the disparities within urban areas between capital cities and secondary cities, and focusing on dimensions of poverty related to provision of network infrastructure and energy services in cities. Household surveys carried out in 1998-2003 in 20 countries provided the data for the study. The study found substantial differences in urban areas between the capital and secondary cities, with households in secondary cities being worse off. In addition, secondary cities often had poverty indicators equivalent to, or worse than, those of rural areas, including in terms of access and quality (reliability) of infrastructure. The study confirmed that many households, especially in secondary cities, are "infrastructure-poor" because of unreliable and deteriorated services and that these households are hidden in studies that do not examine actual quality. Finally, the study found that income and infrastructure inequality are generally higher in urban areas, although inequality in secondary cities often was greater than that in the capitals. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 9/6/2006 , Also available in print.
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  • 58
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 4000
    Parallel Title: Chauvin, Nicolas Depetris Who gets debt relief ?
    Keywords: Debt relief ; Debt relief
    Abstract: "The authors use preliminary results from an ongoing effort to construct estimates of debt relief to study its allocation across a sample of 62 low-income countries. They find some evidence that debt relief, particularly from multilateral creditors, has been allocated to countries with better policies in recent years. Somewhat surprisingly, conditional on per capita incomes and policy, more indebted countries are not much more likely to receive debt relief. But countries that have large debts especially to multilateral creditors are more likely to receive debt relief. The authors do not find much evidence that debt relief responds to shocks to GDP growth. Finally, most of the persistence in debt relief is driven by slowly changing country characteristics, indicating that it may be difficult for countries to "exit" from cycles of repeated debt relief. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 9/6/2006 , Also available in print.
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  • 59
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 4001
    Parallel Title: Do, Quy Toan Superstition, family planning, and human development
    Keywords: Family planning ; Superstition ; Family planning ; Superstition
    Abstract: "According to Vietnamese astrology, dates of birth are believed to be determinants of success, luck, character, and good match between individuals. But how far does this go? To document the influence of superstition on individuals' behavior, the authors examine fertility decisions made in Vietnam between 1976 and 1996. They find that birth cohorts in auspicious years are significantly larger than in other years. Children born in auspicious years moreover do better both in health and education. While parental characteristics seem to affect fertility choices and human development simultaneously, the analysis suggests that family planning is one key mechanism leading to the observed differences in outcomes: in a society in which superstition is widespread, children born in auspicious years are more likely to have been planned by their parents, thus benefiting from more favorable financial, psychological, or affective conditions for better human development. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 9/6/2006 , Also available in print.
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  • 60
    Language: English
    Pages: Online-Ressource
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    Series Statement: Policy research working paper 3804
    Parallel Title: Agénor, Pierre-Richard Disinflation, fiscal sustainability, and labor market adjustment in Turkey
    Keywords: Fiscal policy ; Inflation (Finance) ; Labor market ; Fiscal policy ; Inflation (Finance) ; Labor market
    Abstract: "This paper analyzes the effects of monetary policy and fiscal adjustment on output and unemployment in Turkey. The model on which the analysis is based accounts for rural-urban migration, a large urban informal sector, flexible exchange rates, a dollarized banking system, and interactions between default risk on government liabilities, credibility, and inflation expectations. The short- and long-run effects of a rise in official interest rates and tax increases are analyzed. The results highlight the importance of accounting for the link between default risk and credibility in understanding the real and financial effects of macroeconomic adjustment. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 1/10/2006 , Also available in print.
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  • 61
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3809
    Parallel Title: Otsuki, Tsunehiro Do standards matter for export success ?
    Keywords: Foreign trade regulation ; Foreign trade regulation ; Developing countries Commerce ; Developing countries Commerce
    Abstract: "Standards and technical regulations are an increasingly prominent part of the international trade policy debate. In particular, there has been considerable discussion of whether standards and regulations affect trade costs and export prospects for developing countries. In this paper the authors examine how meeting foreign standards affects firms' export performance, reflected in export propensity and market diversification. The analysis draws on the World Bank Technical Barriers to Trade Survey database of 619 firms in 17 developing countries. The results indicate that technical regulations in industrial countries adversely affect firms' propensity to export in developing countries. In particular, testing procedures and lengthy inspection procedures reduce exports by 9 percent and 3percent, respectively. Furthermore, in the model, the difference in standards across foreign countries causes diseconomy of scale for firms and affects decisions about whether to enter export markets. The empirical analysis presented here implies that standards impede exporters' market entry, reducing the likelihood of exporting to more than three markets by 7 percent. In addition, the authors find that firms that outsource components are more challenged by compliance with multiple standards. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 1/12/2006 , Also available in print.
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  • 62
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3813
    Parallel Title: Panagariya, Arvind Preferential trading in South Asia
    Keywords: Free trade ; Tariff preferences ; Free trade ; Tariff preferences
    Abstract: "The authors examine the economic case for the South Asia Free Trade Area (SAFTA) Agreement signed on January 6, 2004 by India, Pakistan, Bangladesh, Sri Lanka, Nepal, Bhutan, and the Maldives. They start with a detailed analysis of the preferential trading arrangements in South Asia to look at the region's experience to date and to draw lessons. Specifically, they examine the most effective free trade area in existence-the India-Sri Lanka Free Trade Area-and evaluate the developments under the South Asian Preferential Trade Area (SAPTA). The authors conclude that, considered in isolation, the economic case for SAFTA is weak. When compared with the rest of the world, the region is tiny both in terms of economic size as measured by GDP (and per capita incomes) and the share in world trade. It is argued that these facts make it unlikely that trade diversion would be dominant as a result of SAFTA. This point is reinforced by the presence of high levels of protection in the region and the tendency of the member countries to establish highly restrictive "sectoral exceptions and sensitive lists" and stringent "rules of origin." The authors argue that the SAFTA makes sense only in the context of a much broader strategy of creating a larger preferential trade area in the region that specifically would encompass China and the member nations of the Association of South East Asian Nations. In turn, the case for the latter is strategic: the pursuit of regionalism in the Americas and Europe has created increasing discrimination against Asian exports to those regions, which must inevitably affect the region's terms of trade adversely. An Asian bloc could be a potential instrument of changing incentives for the trade blocs in the Americas and Europe and forcing multilateral freeing of trade. Assuming that the SAFTA Agreement is here to stay, the authors suggest steps to ensure that the Agreement can be made more effective in promoting intra-regional trade, while minimizing the likely trade-diversion costs and maximizing the potential benefits. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 1/12/2006 , Also available in print.
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  • 63
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3817
    Parallel Title: Available in another form Unpackaging demand for water service quality
    Keywords: Public-private sector cooperation ; Sanitation ; Water-supply ; Public-private sector cooperation ; Sanitation ; Water-supply
    Abstract: "In the early 2000s, the Government of Sri Lanka considered engaging private sector operators to manage water and sewerage services in two separate service areas: one in the town of Negombo (north of Colombo), and one stretching along the coastal strip (south from Colombo) from the towns of Kalutara to Galle. Since then, the government has abandoned the idea of setting up a public-private partnership in these two areas. This paper is part of a series of investigations to determine how these pilot private sector transactions (forming part of the overall water sector reform strategy) could be designed in such a manner that they would benefit the poor. The authors describe the results of a conjoint survey evaluating the factors that drive customer demand for alternative water supply and sanitation services in Sri Lanka. They show how conjoint surveys can be used to unpackage household demand for attributes of urban services and improve the design of infrastructure policies. They present conjoint surveys as a tool for field experiments and a source of valuable empirical data. In the study of three coastal towns in southwestern Sri Lanka the conjoint survey allows the authors to compare household preferences for four water supply attributes-price, quantity, safety, and reliability. They examine subpopulations of different income levels to determine if demand is heterogeneous. The case study suggests that households care about service quality (not just price). In general, the authors find that households have diverse preferences in terms of quantity, safety, and service options, but not with regard to hours of supply. In particular, they find that the poor have lower ability to trade off income for services, a finding that has significant equity implications in terms of allocating scarce public services and achieving universal water access. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 1/13/2006 , Also available in print.
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  • 64
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3820
    Parallel Title: Maksimovic, Vojislav How important are financing constraints?
    Keywords: Business enterprises Finance ; Mathematical models ; Business enterprises Finance ; Mathematical models
    Abstract: "What role does the business environment play in promoting and restraining firm growth? Recent literature points to a number of factors as obstacles to growth. Inefficient functioning of financial markets, inadequate security and enforcement of property rights, poor provision of infrastructure, inefficient regulation and taxation, and broader governance features such as corruption and macroeconomic stability are discussed without any comparative evidence on their ordering. In this paper, the authors use firm level survey data to present evidence on the relative importance of different features of the business environment. They find that although firms report many obstacles to growth, not all the obstacles are equally constraining. Some affect firm growth only indirectly through their influence on other obstacles, or not at all. Using Directed Acyclic Graph methodology as well as regressions, the authors find that only obstacles related to finance, crime, and political instability directly affect the growth rate of firms. Robustness tests further show that the finance result is the most robust of the three. These results have important policy implications for the priority of reform efforts. They show that maintaining political stability, keeping crime under control, and undertaking financial sector reforms to relax financing constraints are likely to be the most effective routes to promote firm growth. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 1/13/2006 , Also available in print.
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  • 65
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3824
    Parallel Title: Shah, Anwar Corruption and decentralized public governance
    Keywords: Decentralization in government ; Local government ; Political corruption ; Decentralization in government ; Local government ; Political corruption
    Abstract: "This paper examines the conceptual and empirical basis of corruption and governance and concludes that decentralized local governance is conducive to reduced corruption in the long run. This is because localization helps to break the monopoly of power at the national level by bringing decisionmaking closer to people. Localization strengthens government accountability to citizens by involving citizens in monitoring government performance and demanding corrective actions. Localization as a means to making government responsive and accountable to people can help reduce corruption and improve service delivery. Efforts to improve service delivery usually force the authorities to address corruption and its causes. However, one must pay attention to the institutional environment and the risk of local capture by elites. In the institutional environments typical of some developing countries, when in a geographical area, feudal or industrial interests dominate and institutions of participation and accountability are weak or ineffective and political interference in local affairs is rampant, localization may increase opportunities for corruption. This suggests a pecking order of anticorruption policies and programs where the rule of law and citizen empowerment should be the first priority in any reform efforts. Localization in the absence of rule of law may not prove to be a potent remedy for combating corruption. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 1/17/2006 , Also available in print.
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  • 66
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3828
    Parallel Title: Mattoo, Aaditya Can guest worker schemes reduce illegal migration ?
    Keywords: Emigration and immigration law ; Foreign workers ; Emigration and immigration law ; Foreign workers
    Abstract: "The authors analyze recent efforts at international cooperation to limit illegal migration, particularly through the use of legal migration avenues like guest worker schemes. They show that while guest worker schemes may be desirable as an avenue of international migration, they are an inefficient instrument to induce cooperation on illegal migration. On the one hand, guest worker schemes suffer from a negative selection problem relative to illegal migration, which tends to erode their attractiveness to source countries. On the other hand, guest worker schemes increase total (legal and illegal) migration which make them a costly compensating device for the host country. Moreover, guest worker schemes create additional pressure on host countries to implement tough laws against illegal immigration even when the host finds such laws undesirable. Thus, less favorable treatment of illegal immigrants, as in California Proposition 187, may be an inevitable rather than incidental outcome of reliance on guest worker schemes. In contrast, countries that are willing to use transfers and other forms of economic assistance to induce source countries to cooperate can afford relatively liberal treatment of illegal immigrants. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 1/26/2006 , Also available in print.
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  • 67
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3837
    Parallel Title: Dennis, Allen The impact of regional trade agreements and trade facilitation in the Middle East and North Africa region
    Keywords: Trade blocs ; Trade blocs ; Trade blocs ; Trade blocs ; Africa, North Commerce ; Middle East Commerce ; Africa, North Commerce ; Middle East Commerce
    Abstract: "The Middle East and North Africa (MENA) region's trade performance over the past two decades has been disappointing. Efforts to boost trade through a plethora of regional trade agreements (RTAs) are underway. This study examines the potential contribution of regional trade agreements, as well as trade facilitation improvements, in enhancing the development prospects of the region. Using the Global Trade Analysis Project (GTAP) model and database, both intra-regional integration and integration with the European Union are observed to have a favorable impact on welfare in the MENA region. The welfare gains from integrating with the European Union are observed to be at least twice as much as intra-regional integration. Furthermore, these welfare gains are observed to at least triple when the implementation of the RTAs is complemented with trade facilitation improvements. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 2/7/2006 , Also available in print.
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  • 68
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3838
    Parallel Title: Adams, Richard H. Jr Remittances and poverty in Ghana
    Keywords: Emigrant remittances ; Poverty ; Emigrant remittances ; Poverty
    Abstract: "The author uses a large, nationally representative household survey to analyze the impact of internal remittances (from Ghana) and international remittances (from African and other countries) on poverty in Ghana. With only one exception, he finds that both types of remittances reduce the level, depth, and severity of poverty in Ghana. But the size of the poverty reduction depends on how poverty is being measured. The author finds that poverty is reduced more when international, as opposed to internal, remittances are included in household income, and when poverty is measured by the more sensitive poverty measures-poverty gap and squared poverty gap. For example, the squared poverty gap measure shows that including international remittances in household expenditure (income) reduces the severity of poverty by 34.8 percent, while including internal remittances in such income reduces the severity of poverty by only 4.1 percent. International remittances reduce the severity of poverty more than internal remittances because of the differential impact of these two types of remittances on poor households. Households in the poorest decile group receive 22.7 percent of their total household expenditure (income) from international remittances, as opposed to only 13.8 percent of such income from internal remittances. When these "poorest of the poor" households receive international remittances, their income status changes dramatically and this in turn has a large effect on any poverty measure-like the squared poverty gap-that considers both the number and distance of poor households beneath the poverty line. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 2/7/2006 , Also available in print.
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  • 69
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3848
    Parallel Title: Anderson, Kym Doha merchandise trade reform
    Keywords: Free trade ; Tariff preferences ; Free trade ; Tariff preferences
    Abstract: "This paper provides new estimates of the global gains from multilateral trade reform and their distribution among developing countries in the presence of trade preferences. Particular attention is given to agriculture, as farmers constitute the poorest households in developing countries but are the most assisted in rich countries. The latest GTAP database (Version 6.05) and the LINKAGE model of the global economy are used to examine the impact first of current merchandise trade barriers and agricultural subsidies, and then of possible reform outcomes from the WTO's Doha Development Agenda. The results suggest moving to free global merchandise trade would boost real incomes in Sub-Saharan Africa proportionately more than in other developing countries or high-income countries, despite a terms of trade loss in parts of that region. Net farm incomes would rise substantially in that and other developing country regions, thereby alleviating rural poverty. A Doha partial liberalization could move the world some way toward those desirable outcomes, but more so the more developing countries themselves cut applied tariffs, particularly on agricultural imports. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 3/8/2006 , Also available in print.
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  • 70
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3851
    Parallel Title: Carneiro, Pedro The return to firm investment in human capital
    Keywords: Capital investments ; Human capital ; Capital investments ; Human capital
    Abstract: "In this paper the authors estimate the rate of return to firm investments in human capital in the form of formal job training. They use a panel of large firms with unusually detailed information on the duration of training, the direct costs of training, and several firm characteristics such as their output, workforce characteristics, and capital stock. Their estimates of the return to training vary substantially across firms. On average it is -7 percent for firms not providing training and 24 percent for those providing training. Formal job training is a good investment for many firms and the economy, possibly yielding higher returns than either investments in physical capital or investments in schooling. In spite of this, observed amounts of formal training are small. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 3/8/2006 , Also available in print.
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  • 71
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3852
    Parallel Title: Bento, Antônio The welfare effects of slum improvement programs
    DDC: 360
    Keywords: Community development, Urban ; Low-income housing ; Slums ; Community development, Urban ; Low-income housing ; Slums
    Abstract: "The authors compare the welfare effects of in situ slum upgrading programs with programs that provide slum dwellers with better housing in a new location. Evaluating the welfare effects of slum upgrading and resettlement programs requires estimating models of residential location choice, in which households trade off commuting costs against the cost and attributes of the housing they consume, including neighborhood attributes. The authors accomplish this using data for 5,000 households in Mumbai, a city in which 40 percent of the population live in slums. The precise welfare effects of resettlement programs depend on assumptions made about the ease with which workers can change jobs and also on the ethnic characteristics of neighborhoods in which new housing is located. To illustrate this point the authors consider a realistic slum upgrading program that could be offered to residents in their sample living in east Mumbai. They summarize the effects of job opportunities and neighborhood composition on welfare by mapping how compensating variation for the program changes depending on where in Mumbai improved housing is located. If program beneficiaries continue working in their original job, the set of welfare-enhancing locations for the upgrading program is small. The set increases greatly if it is assumed that workers can change jobs. The benefits of this program are contrasted with the benefits of in situ housing improvements. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 3/8/2006 , Also available in print.
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  • 72
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3856
    Parallel Title: Beck, Thorsten Creating an efficient financial system
    Keywords: Capital market ; Financial services industry ; Globalization ; Capital market ; Financial services industry ; Globalization
    Abstract: "Financial sector development fosters economic growth and reduces poverty by widening and broadening access to finance and allocating society's savings more efficiently. The author first discusses three pillars on which sound and efficient financial systems are built: macroeconomic stability and effective and reliable contractual and informational frameworks. He then describes three different approaches to government involvement in the financial sector: the laissez-faire view, the market-failure view and the market-enabling view. Finally, the author analyzes the sequencing of financial sector reforms and discusses the benefits and challenges that emerging markets face when opening their financial systems to international capital markets. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 3/8/2006 , Also available in print.
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  • 73
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3858
    Parallel Title: Hurlin, Christophe Estimates of government net capital stocks for 26 developing countries, 1970-2002
    Keywords: Capital stock ; Investment of public funds ; Capital stock ; Investment of public funds
    Abstract: "The authors provide various estimates of the government net capital stocks for a panel of 26 developing countries over the period 1970-2001. Two kinds of internationally comparable series of public capital stocks are presented. The first estimates are based on the standard perpetual inventory method and various assumptions regarding initial stocks and depreciation rates. The second set of estimates takes into account the potential inefficiency of public investments in creating capital with a nonparametric approach. Three estimates of net capital stocks are provided, on the basis of three assumptions regarding the efficiency of public investment. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 3/8/2006 , Also available in print.
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  • 74
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3864
    Parallel Title: Kaminski, Bartomiej Bulgaria's institutions and policies
    Keywords: Finance, Public ; Finance, Public ; Bulgaria Commerce ; Bulgaria Economic policy 1989- ; Bulgaria Foreign economic relations ; European Union countries Commerce ; Bulgaria Commerce ; Bulgaria Economic policy 1989- ; Bulgaria Foreign economic relations ; European Union countries Commerce
    Abstract: "This paper analyzes the process of institutional transformation in Bulgaria and assesses the extent to which it has established institutions and policies fostering domestic economic activity and integration into global markets. After a brief review of characteristics and achieved progress in first-generation reforms, that is, removal of central control over prices, liberalization of foreign trade and exchange rate regimes, the paper first assesses in the comparative perspective the progress made in the quality of governance and structural reforms. It then takes a look at the extent to which this has impacted foreign direct investment inflows and was translated into improved business environment in its domestic and external dimensions. The external dimension relates to backbone services facilitating trade and Bulgaria's trade policies. As far as the latter are concerned, the discussion highlights tensions that emerge from duality-regional versus multilateral-in Bulgaria's trade policy. Despite significant progress in implementation of structural reforms and converging to the EU acquis communautaire that has led to a significant enhancement in the quality of governance and market supporting institutions, "macro" institutional improvements are yet to be fully transplanted to a micro-level, as three areas appear to remain a binding constraint: First and foremost is the low quality of the judicial system and, by the same token, weaknesses in the enforcement of property rights and contracts. Second, backbone services facilitating trade remain a barrier. Bulgaria ranks low relative to the levels of efficiency achieved on average by both EU-8 and the EU-15 countries in management of ports, information technology infrastructure, and customs. Third, there are recurrent complaints among businesses of government bureaucracy, poor infrastructure, and frequent changes in the legal framework including taxation. As a result, the regulatory burden remains huge. There are still redundant and excessive sector-specific regulatory regimes. Bulgaria's markets for industrial goods are fully contestable for pan-Europe (EU-25, European Free Trade Association, Romania, and Turkey), exposing local producers to duty-free competition from imports. With relatively high most favored-nation tariff rates, the level of reverse discrimination significantly increased over the past couple of years. While this has not resulted in perceptible trade diversion, organizational arrangements preventing that to happen unnecessarily increase administrative intervention in the economy. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 3/8/2006 , Also available in print.
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  • 75
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3868
    Parallel Title: Yamano, Takashi Legal knowledge and economic development
    Keywords: Land use Government policy ; Land use Law and legislation ; Land use Government policy ; Land use Law and legislation
    Abstract: "Mixed evidence on the impact of formal title in much of Africa is often used to question the relevance of dealing with land policy issues in this continent. The authors use data from Uganda to assess the impact of a disaggregated set of rights on investment, productivity, and land values, and to test the hypothesis that individuals' lack of knowledge of the new law reduces their tenure security. Results point toward strong and positive effects of greater tenure security and transferability. Use of exogenous knowledge of its provisions as a proxy for the value of the land law suggests that this piece of legislation had major economic benefits that remain to be fully realized. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 4/5/2006 , Also available in print.
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  • 76
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3870
    Parallel Title: Cunningham, Wendy V Do minimum wages in Latin America and the Caribbean matter?
    Keywords: Income distribution ; Income distribution ; Minimum wage ; Minimum wage ; Income distribution ; Income distribution ; Minimum wage ; Minimum wage
    Abstract: "Despite the existence of minimum wage legislation in most Latin American countries, there is little empirical evidence demonstrating its impact on the distribution of wages. In this study the authors analyze cross-country data for 19 Latin American and Caribbean (LAC) countries to gain an understanding of if and how minimum wages affect wage distributions in LAC countries. Although there is no single minimum wage institution in the LAC region, the authors find regional trends. Minimum wages affect the wage distribution in both the formal and, especially, the informal sector, both at the minimum wage and at multiples of the minimum. The minimum does not uniformly benefit low-wage workers: in countries where the minimum wage is relatively low compared to mean wages, the minimum wage affects the more disadvantaged segments of the labor force, namely informal sector workers, women, young and older workers, and the low skilled, but in countries where the minimum wage is relatively high compared to the wage distribution, it primarily affects wages of the high skilled. This indicates that the minimum does not generally lift the wages of all, but instead, it offers a wage into which employers can "lock in" wages that are already near that level. Thus, minimum wage legislation is more far-reaching than originally thought, affecting both the uncovered informal sector and those earning above the minimum. In addition, the relative level of the minimum wage is important for determining whose wages are affected. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 4/5/2006 , Also available in print.
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  • 77
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3875
    Parallel Title: Bakht, Zaid The poverty impact of rural roads
    Keywords: Economic assistance, Domestic ; Public investments ; Rural roads Finance ; Economic assistance, Domestic ; Public investments ; Rural roads Finance
    Abstract: "The rationale for public investment in rural roads is that households can better exploit agricultural and nonagricultural opportunities to use labor and capital more efficiently. But significant knowledge gaps remain as to how opportunities provided by roads actually filter back into household outcomes and their distributional consequences. This paper examines the impacts of rural road projects using household-level panel data from Bangladesh. Rural road investments are found to reduce poverty significantly through higher agricultural production, higher wages, lower input and transportation costs, and higher output prices. Rural roads also lead to higher girls' and boys' schooling. Road investments are pro-poor, meaning the gains are proportionately higher for the poor than for the non-poor. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 4/5/2006 , Also available in print.
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  • 78
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3880
    Parallel Title: Gross, Dominique M Immigration to Switzerland
    Keywords: Switzerland Emigration and immigration ; Yugoslavia Emigration and immigration ; Switzerland Emigration and immigration ; Yugoslavia Emigration and immigration
    Abstract: "From less than 5 percent in 1980, the share of residents from the former Republic of Yugoslavia in the total foreign population in Switzerland rose to almost 25% in 2000, to become one of the largest foreign communities. The largest increase occurs mostly between 1985 and 1998 and represents a unique development in the composition of immigration to Switzerland, as it coincides with a new policy, which from 1995 gives priority to workers from the European Union for new permits and severely restricts work permits for migrants from the rest of the world. The empirical analysis shows that when there is no discriminatory treatment by immigration policy, immigrant workers from the former Yugoslavia respond to financial and cultural incentives in the same way as their unskilled counterparts from Southern European countries. The restriction on permit availability in the mid-1990s appears to have weakened the financial and cultural attractiveness of Switzerland for immigrants from the former Yugoslavia. This may signal a change in the characteristics of migrants from the region toward higher skill levels. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 4/19/2006 , Also available in print.
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  • 79
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3882
    Parallel Title: Busse, Matthias Foreign direct investment, regulations, and growth
    Keywords: Economic development ; Investments, Foreign ; Economic development ; Investments, Foreign
    Abstract: "This paper explores the linkage between income growth rates and foreign direct investment (FDI) inflows. So far the evidence is rather mixed, as no robust relationship between FDI and income growth has been established. The authors argue that countries need a sound business environment in the form of good government regulations to be able to benefit from FDI. Using a comprehensive data set for regulations, they test this hypothesis and find evidence that excessive regulations restrict growth through FDI only in the most regulated economies. This result holds true for different specifications of the econometric model, including instrumental variable regressions. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 4/19/2006 , Also available in print.
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  • 80
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3891
    Parallel Title: Casacuberta, Carlos Protection, openness, and factor adjustment
    Keywords: Free trade ; Structural adjustment (Economic policy) ; Tariff ; Free trade ; Structural adjustment (Economic policy) ; Tariff
    Abstract: "The authors use a panel of manufacturing firms to analyze the adjustment process in capital blue collar and white collar employment in Uruguay during a period of trade liberalization when average tariff protection fell from 43 to 14 percent. They calculate the desired factor levels arising from a counterfactual profit maximization in the absence of adjustment costs, generating a measure of factor shortages or surpluses. The average estimated output gap for 1982-95 is 2 percent. The authors' policy analysis shows that trade openness affected the adjustment functions of all three factors of production. Highly protected sectors adjust less when creating jobs (reducing labor shortages) than sectors with low protection. This may be due to fears of policy reversal in highly protected sectors. Also, highly protected sectors adjust more easily (than low protection sectors) when destroying jobs (reducing labor surpluses), especially in the case of blue collar labor. This suggests that trade protection may in fact destroy rather than create jobs within industries, as firms in highly protected sectors are more reluctant to hire and more ready to fire than firms in sectors with low protection. The results for capital are qualitatively similar but quantitatively smaller, suggesting that trade protection plays less of a role in explaining adjustment costs for capital. Interestingly, export-oriented sectors have lower adjustment costs for blue collar labor but not for white collar employment or capital, suggesting that export-led growth may be particularly successful in reducing blue collar unemployment. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 4/19/2006 , Also available in print.
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  • 81
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3896
    Parallel Title: Huber, Peter Regional labor market developments in transition
    Keywords: Labor market ; Regional economic disparities ; Labor market ; Regional economic disparities
    Abstract: "The author analyzes regional labor market disparities in transition by presenting some data and summarizing existing literature. He finds that large and persistent regional labor market disparities developed in virtually all transition countries and that there is some evidence of polarization. Differences in starting conditions and market access seem to be the major reasons for regional divergence in transition. Furthermore, regional wages are only slightly more flexible than in many European Union labor markets, interregional migration is low, and capital seems to move toward high wage and low unemployment urban centers rather than to the most backward regions. Policy should thus take a long-run perspective on the existing regional disparities, focus on removing barriers to mobility, review existing institutions for implementing regional policy, and aim at a close coordination of regional and labor market policy instruments. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 4/25/2006 , Also available in print.
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  • 82
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3902
    Parallel Title: Lederman, Daniel Political institutions, inequality, and agricultural growth
    Keywords: Income distribution ; Subsidies ; Income distribution ; Subsidies ; Latin America Appropriations and expenditures ; Latin America Appropriations and expenditures
    Abstract: "This paper brings together the literatures on the political economy of public expenditures and the determinants of economic growth. Based on a new dataset of rural public expenditures in a panel of Latin American economies, the econometric evidence suggests that non-social subsidies reduce agricultural GDP. Furthermore, the evidence suggests that political and institutional factors as well as income inequality are determinants of the size and structure of rural public expenditures, through which they have large and significant effects on agricultural GDP. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 4/24/2006 , Also available in print.
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  • 83
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3908
    Parallel Title: Ng, Francis Turkey's evolving trade integration into pan-European markets
    Keywords: European Union countries Commerce ; Turkey Commerce ; European Union countries Commerce ; Turkey Commerce
    Abstract: "This is an empirical paper seeking to identify the mode of Turkey's integration into global markets in general, and pan-European markets in particular, as revealed in its trade performance. The analysis provides empirical support to the following observations. First, thanks to steady expansion of trade in goods and services since the mid-1980s, Turkey has become highly integrated into the world economy. Second, Turkey's export performance in 1996-2004 in EU markets bears strong similarities to the aggregate performance of new EU members from Central Europe (EU-8). Similarities include dynamics, similar factors responsible for the increased presence in EU markets, factor content, and the role of "producer-driven" network trade. Turkey, together with Hungary, the Czech Republic, the Slovak Republic, Slovenia, Estonia, and Poland, stands as one of the top performers in "producer-driven" network trade indicating participation in a new global division of labor based on production fragmentation. The available evidence suggests an economic success story in the making. Export expansion owes a lot to improved policy environment and domestic liberalization. It is rather telling that the recent expansion has coincided with the implementation of most of the provisions of the EU-Turkey Customs Union Agreement, the completion of the removal of tariffs on trade in industrial products among pan-European parties to the Pan European Cumulation of Origin Agreement, and improved macroeconomic stability after the 2001 crisis. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 5/8/2006 , Also available in print.
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  • 84
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3910
    Parallel Title: Schady, Norbert Rudiger Getting girls into school
    Keywords: Bildungsverhalten ; Allgemeinbildende Schule ; Frauenbildung ; Kambodscha ; Academic achievement ; School enrollment ; Women Education ; Academic achievement ; School enrollment ; Women Education
    Abstract: "Increasing the schooling attainment of girls is a challenge in much of the developing world. The authors evaluate the impact of a program that gives scholarships to girls making the transition between the last year of primary school and the first year of secondary school in Cambodia. They show that the scholarship program had a large, positive effect on the school enrollment and attendance of girls. Their preferred set of estimates suggests program effects on enrollment and attendance at program schools of 30 to 43 percentage points. Scholarship recipients were also more likely to be enrolled at any scchool (not just program schools) by a margin of 22 to 33 percentage points. The impact of the Japan Fund for Poverty Reduction (JFPR) program appears to have been largest among girls with the lowest socioeconomic status at baseline. The results are robust to a variety of controls for observable differences between scholarship recipients and nonrecipients, to unobserved heterogeneity across girls, and to selective attrition out of the sample. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 5/10/2006 , Also available in print.
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  • 85
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3916
    Parallel Title: Savastano, Sara The role of opinion leaders in the diffusion of new knowledge
    Keywords: Diffusion of innovations ; Pests Control ; Diffusion of innovations ; Pests Control
    Abstract: "The paper reviews the literature on the characteristics and impact of opinion leaders on the diffusion of new knowledge, concluding that there is no clear evidence on whether opinion leaders are more effective if they are similar in socioeconomic attributes to the other farmers rather than superior to would be followers. A multivariate analysis of the changes in integrated pest management knowledge in Indonesia among follower farmers over the period 1991-98 indicates that opinion leaders who are superior to followers, but not excessively so, are more effective in transmitting knowledge. Excessive socioeconomic distance is shown to reduce the effectiveness of diffusion. The paper then derives operational implications of the empirical results. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 5/17/2006 , Also available in print.
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  • 86
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3920
    Parallel Title: Beck, Thorsten Resolution of failed banks by deposit insurers
    Keywords: Bank failures ; Deposit insurance ; Bank failures ; Deposit insurance
    Abstract: "There is a wide cross-country variation in the institutional structure of bank failure resolution, including the role of the deposit insurer. The authors use quantitative analysis for 57 countries and discuss specific country cases to illustrate this variation. Using data for over 1,700 banks across 57 countries, they show that banks in countries where the deposit insurer has the responsibility of intervening failed banks and the power to revoke membership in the deposit insurance scheme are more stable and less likely to become insolvent. Involvement of the deposit insurer in bank failure resolution thus dampens the negative effect that deposit insurance has on banks' risk taking. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 5/17/2006 , Also available in print.
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  • 87
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3922
    Parallel Title: Available in another form Early childhood development through an integrated program
    Keywords: Child development ; Child welfare ; Early childhood education ; Child development ; Child welfare ; Early childhood education
    Abstract: "More attention and resources have been devoted in recent years to early childhood development (ECD) in low- and middle-income countries. Rigorous studies on the effectiveness of ECD-related programs for improving children's development in various dimensions in the developing world are scant. The authors evaluate an important ECD initiative of the Philippine government using longitudinal data collected over three years on a cohort of 6,693 children age 0-4 years at baseline in two "treatment" regions and a "control" region that did not receive the intervention. The initiative includes a wide range of health, nutrition, early education, and social services programs. The authors estimate its impact by using "intent-to-treat" difference-in-difference propensity score matching estimators to control for a variety of observed characteristics measured at the municipality, barangay, household, and child level and unobserved fixed characteristics, with differential impacts by age of children and duration of exposure to the program. There has been a significant improvement in the cognitive, social, motor, and language development, and in short-term nutritional status of children who reside in ECD program areas compared to those in non-program areas, particularly for those under age four at the end of the evaluation period. The proportions of children below age four with worms and diarrhea also have been lowered significantly in program compared to non-program areas, but there are effects in the opposite direction for older children so the overall impact on these two indicators is mixed. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 5/17/2006 , Also available in print.
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  • 88
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3925
    Parallel Title: Karacaovali, Baybars Productivity matters for trade policy
    Keywords: Free trade ; Industrial productivity ; Tariff ; Free trade ; Industrial productivity ; Tariff
    Abstract: "There is a growing literature that investigates the effect of trade liberalization on productivity. Nearly all such studies assume that trade policy is determined independently of productivity, hence it is exogenous. The author shows that this assumption is not valid in general, both theoretically and empirically, and that researchers may be underestimating the positive effect of liberalization on productivity when they do not account for the endogeneity bias. On the theory side, he demonstrates that under a standard political economy model of trade protection, productivity directly influences tariffs. Moreover, this productivity-tariff relationship partly determines the extent of liberalization across sectors even in the presence of a large exogenous unilateral liberalization shock that affects all sectors. The link between productivity and tariffs is maintained after the author includes in his political economy model a learning-by-doing motive of protection, which also serves as the source of liberalization. On the empirical side, he examines total factor productivity (TFP) estimates obtained at the firm level for Colombia between 1983 and 1998, and finds that more productive sectors receive more protection within this period. In estimating the effect of productivity on tariffs, he controls for the endogeneity of the two main right-hand-side variables-the inverse import penetration to import demand elasticity ratio and productivity-by using materials prices, the capital to output ratio, a measure of scale economies, and the TFP of the upstream industries as robust instruments. The author also accounts for the large trade liberalization between 1990 and 1992, and finds that the sectors with a higher productivity gain are liberalized less. Finally, he illustrates a system of equations estimation and shows that the positive impact of liberalization on productivity grows stronger when corrected for the endogeneity bias. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 9/1/2006 , Also available in print.
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  • 89
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3937
    Parallel Title: Jensen, Olivia The handshake
    Keywords: Privatization ; Sanitation ; Water-supply ; Privatization ; Sanitation ; Water-supply
    Abstract: "This paper uses a new dataset, "WATSAN," of private sector participation (PSP) projects for water and sanitation in developing countries to examine the determinants of the number of projects signed for each country between 1990 and 2004. The new dataset improves on existing sources, in particular in its coverage of projects with local investors, and provides adequate data for cross-country regression analysis. The authors use a negative binomial regression model to investigate the factors influencing the number of PSP projects in a sample of 60 developing countries with 460 PSP projects. The regression results provide support for the hypotheses that PSP is greater in larger markets where the ability to pay is higher and where governments are fiscally constrained. The authors test several indicators of institutional quality and find that these are generally significant in determining the number of projects signed for each country. Measures of the protection of property rights and the quality of the bureaucracy emerge as the most important institutions that encourage PSP. Rule of law and the control of corruption are significant, albeit at a lower level, while the quality of contract law and political stability are not robustly significant. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/30/2006 , Also available in print.
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  • 90
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3941
    Parallel Title: Nauges, Celine Water markets, demand, and cost recovery for piped water supply services
    Keywords: Water-supply ; Water-supply
    Abstract: "In many countries water supply is a service that is seriously underpriced, especially for residential consumers. This has led to a call for setting cost recovery policies to ensure that the tariffs charged for water supply cover the full cost of providing for the service. Yet, the question arises on how consumers will react to such price increases. The authors illustrate the impact of price increases on consumption of piped water through a study of the demand for water of piped and non-piped households using cross-sectional data from 1,800 households in Southwest Sri Lanka. The (marginal) price elasticity is estimated at -0.74 for households exclusively relying on piped water, and at -0.69 for households using piped water but supplementing their supply with other water sources, with no significant differences between income groups. Those households that depend on non-piped water sources have a time cost elasticity (as a proxy for price elasticity) of only -0.06. The authors discuss the implications of these results in terms of pricing policy. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/30/2006 , Also available in print.
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  • 91
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3947
    Parallel Title: Ianchovichina, Elena Subnational fiscal sustainability analysis
    Keywords: Fiscal policy ; Fiscal policy
    Abstract: "In the late 1990s the Indian state of Tamil Nadu experienced an unprecedented fiscal deterioration, which was part of the widespread fiscal deterioration in Indian states. This deterioration was troubling because current expenditure outgrew total revenue, leaving little fiscal space for infrastructure spending. The paper presents a framework for subnational fiscal sustainability analysis and applies it to Tamil Nadu where subsequent fiscal adjustment has been ambitious and politically challenging, but has promised to put state finance on a sustainable path and create fiscal space for infrastructure investment. The paper emphasizes the differences between fiscal sustainability analysis at the national and subnational levels, attempts to take into account uncertainty, and discusses the key components of the state's fiscal accounts and how they respond to reforms and shocks. Risks to Tamil Nadu's fiscal outlook include interest rate shocks, pressures on the primary balance, and contingent liabilities. Though the state's efforts to remove constraints to economic growth, minimize recurrent expenditures and maximize its revenue potential will be critical for fiscal sustainability, national policies feature prominently in subnational fiscal adjustment. Tamil Nadu's quest for fiscal sustainability is relevant for other countries. Decentralization has given subnational governments in developing countries significant spending and taxation responsibilities, and the capacity to incur debt. The fiscal stress of the Indian states echoed the fiscal crises of subnational governments in several other major emerging economies. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/28/2006 , Also available in print.
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  • 92
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3949
    Parallel Title: Tran, Ngoc Ca Universities as drivers of the urban economies in Asia
    Keywords: Cities and towns ; Labor supply ; Universities and colleges ; Cities and towns ; Labor supply ; Universities and colleges
    Abstract: "This study looks at the contribution of the university system in Vietnam to the socioeconomic development in general, and their relationship with firms, dynamic actors of the economy in particular. The study uses different methods of research, from reliance on secondary data to interviews with universities and survey of firms. Several case studies of the key universities in four regions have been undertaken: Hanoi in the north, Danang in the center, and Ho Chi Minh City and Cantho in the south of Vietnam. The findings show that the role of Vietnamese universities in research is much weaker than teaching, and that their contribution to the socioeconomic development of the country is limited to the production of an educated labor force rather than innovation. However, in selected universities, innovation did take place to a certain extent and brought benefits for both the universities and firms they served. This situation is explained by both the inherited university system in Vietnam and its shift in behavior in the context of economic renovation and globalization. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/28/2006 , Also available in print.
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  • 93
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3954
    Parallel Title: Demirguç-Kunt, Asli Banking on the principles
    Keywords: Banks and banking Case studies State supervision ; Banks and banking Case studies State supervision
    Abstract: "This paper studies whether compliance with the Basel Core Principles for Effective Banking Supervision (BCP) improves bank soundness. BCP compliance assessments provide a unique source of information about the quality of bank supervision and regulation around the world. The authors find a significant and positive relationship between bank soundness (measured with Moody's financial strength ratings) and compliance with principles related to information provision. Specifically, countries that require banks to report regularly and accurately their financial data to regulators and market participants have sounder banks. This relationship is robust to controlling for broad indexes of institutional quality, macroeconomic variables, sovereign ratings, as well as reverse causality. Measuring soundness through z-scores yields similar results. The findings emphasize the importance of transparency in making supervisory processes effective and strengthening market discipline. Countries aiming to upgrade banking regulation and supervision should consider giving priority to information provision over other elements of the Core Principles. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/28/2006 , Also available in print.
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  • 94
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3965
    Parallel Title: Honohan, Patrick Household financial assets in the process of development
    Keywords: Households Economic aspects ; Households Economic aspects
    Abstract: "Systematic information on household financial asset holdings in developing countries is very sparse. The author reviews some available data and current policy debates. Although financial asset holdings by households are highly concentrated, deeper financial systems are correlated with improved income distribution. For low-income countries, the relevant question for poor households is not how much financial assets they have, but whether they have any access to financial products at all. Building on and synthesizing disparate data collection efforts by others, the author produces new estimates of access percentages for over 150 countries. Across countries access is negatively correlated with poverty rates, but the correlation is not a robust one: thus the supposed anti-poverty potential of financial access remains econometrically elusive. Despite policy focus on the value of credit instruments, it is deposit products that tend to be the first to be used as prosperity increases, before more sophisticated savings products and borrowing. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/21/2006 , Also available in print.
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  • 95
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3968
    Parallel Title: Knack, Stephen F Measuring corruption in Eastern Europe and Central Asia
    Keywords: Political corruption ; Political corruption ; Political corruption ; Political corruption
    Abstract: "This paper assesses corruption levels and trends among countries in the transition countries of Eastern Europe and Central Asia (ECA) based on data from several sources that are both widely used and cover most or all countries in the region. Data from firm surveys tend to show improvement in most types of administrative corruption, but little change in "state capture" in the region. Broader, subjective corruption indicators tend to show somewhat greater improvement in ECA than in non-ECA countries on average. A "primer on corruption indicators" discusses definitional and methodological differences among data sources that may account in large part for the apparently conflicting messages they often provide. This discussion concludes that depending on one's purpose, it may be more appropriate to use data from a single source rather than a composite index because of the loss of conceptual precision in aggregation. A second conclusion is that the gains in statistical precision from aggregating sources of corruption data likely are far more modest than often claimed because of interdependence among data sources. The range of detailed corruption measures available in firm surveys are exploited to show that broad, perceptions-based corruption assessments appear to measure primarily administrative corruption, despite their stated criteria placing great weight on "state capture." Finally, the paper emphasizes the need for scaling up data initiatives to fill significant gaps between our conceptual definitions of corruption and the operational definition embodied in the existing measures. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/21/2006 , Also available in print.
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  • 96
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3971
    Parallel Title: Finger, J. M Implementing a WTO agreement on trade facilitation
    Keywords: World Trade Organization ; World Trade Organization ; Commerce ; Comparative advantage (International trade) ; Commerce ; Comparative advantage (International trade)
    Abstract: "Contrary to the prevailing view that the Doha negotiations have achieved little, the authors find that on trade facilitation much progress has been made. This is particularly true in regard to action by development banks and bilateral development agencies to meet client demand for assistance in reform. Active private sector participation has been an important factor driving change. Many agencies have been involved in this work. The authors find that their roles have been consistent with their comparative advantages. As to how the international community can best support continued progress, the authors conclude in favor of a cautious approach to the imposition of new WTO obligations in the area of trade facilitation. On the whole, this is the approach the WTO has taken, for example, by limiting its negotiations on trade facilitation to several specific provisions of the GATT. The WTO can continue to function as a catalyst for reform. It is perhaps uniquely placed to relate the trade facilitation agenda to the overall trade agenda. On design and construction of the relevant infrastructures and capacities to spur development, the development institutions, including bilateral agencies, should continue to lead. The authors find little evidence to support the need for a comprehensive new "platform" or mechanism to channel trade-related aid as part of implementation of any new agreement at the WTO on trade facilitation. They recommend, however, that an innovative approach to using the well established, but under utilized Trade Policy Review Mechanism be considered to increase transparency on where new aid is going over time and to expand understanding of where and how country-based progress has been achieved. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/21/2006 , Also available in print.
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  • 97
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3975
    Parallel Title: Available in another form Financing firms in India
    Keywords: Business enterprises Finance ; Business enterprises Finance
    Abstract: "The authors examine the legal and business environments, financing channels, and governance mechanisms of various types of firms in India and compare them to those from other countries. Despite its English commonlaw origin, strong legal protection provided by the law, and a democratic government, corruption within India's legal system and government significantly weakens investor protection in practice. External financing of firms has been dominated by nonmarket sources of financing, while the characteristics of listed firms are similar to those from countries with weak investor protection. The evidence, including results based on a survey of small and medium-scale private firms, shows that alternative financing channels provide the most important source of funds. The authors also find that informal governance mechanisms, such as those based on reputation, trust, and relationships are more important than formal mechanisms (such as courts) in resolving disputes, overcoming corruption, and supporting growth. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/25/2006 , Also available in print.
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  • 98
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3981
    Parallel Title: Gourdon, Julien Openness, inequality, and poverty
    Keywords: Equality ; Free trade ; Income distribution ; Equality ; Free trade ; Income distribution
    Abstract: "Using tariffs as a measure of openness, the authors find consistent evidence that the conditional effects of trade liberalization on inequality are correlated with relative factor endowments. Trade liberalization is associated with increases in inequality in countries well-endowed in highly skilled workers and capital or with workers that have very low education levels and in countries relatively well-endowed in mining and fuels. Trade liberalization is associated with decreases in inequality in countries that are well-endowed with primary-educated labor. Similar results are also apparent when decile data are used instead of the usual Gini coefficient. The results are strongly supportive of the factor-proportions theory of trade and suggest that trade liberalization in poor countries where the share of the labor force with very low education levels (likely employed in nontradable activities) is high raises inequality. In the sample, countries with low education levels also have relatively scarce endowments of capital. Quantitatively capital scarcity is the dominating effect so that trade liberalization is accompanied by reduced income inequality in low-income countries. Within-country inequality is also positively correlated with measures of macroeconomic instability. Simulation results suggest that relatively small changes in inequality as measured by aggregate measures of inequality like the Gini coefficient are magnified when estimates are carried out using decile data. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/21/2006 , Also available in print.
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  • 99
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3983
    Parallel Title: Klinger, Bailey Innovation and export portfolios
    Keywords: Exports ; Technological innovations ; Exports ; Technological innovations
    Abstract: "This paper examines the link between sectoral concentration and overall performance in the search for on-the-frontier innovations, inside-the-frontier innovations, and export booms. It extends the literature by increasing country coverage and the types of search processes considered, and by focusing on the links with overall performance in these search processes. After controlling for the necessary relationships as well as fixed effects at the country/commodity group level, the paper finds a clear negative relationship between the concentration of innovation portfolios and performance: countries that are the most successful in these search processes have their successes spread across a broader range of industries than those with poorer performance. Furthermore, the search for export booms exhibits the least amount of sectoral concentration and path-dependence. These findings suggest that public support for these processes need not be focused in a narrow range of sectors, and modeling of these processes in theoretical work, particularly in the search for export booms, should be of a stochastic flavor. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/21/2006 , Also available in print.
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 100
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3985
    Parallel Title: Almeida, Rita Openness and technological innovations in developing countries
    Keywords: Free trade ; Technological innovations Economic aspects ; Technology transfer ; Free trade ; Technological innovations Economic aspects ; Technology transfer
    Abstract: "The authors analyze the role of international technological diffusion for firm-level technological innovations in several developing countries. Their findings show that, after controlling for firm, industry, and country characteristics, exporting and importing activities are important channels for the diffusion of technology. They also find evidence that the majority of foreign-owned firms are significantly less likely to engage in technological innovations than minority foreign-owned firms or domestic-owned firms. The authors interpret this finding as evidence that the technology transferred from multinational parents to majority-owned subsidiaries is more mature than that transferred to minority-owned subsidiaries. This finding supports the idea that equity joint ventures maximize technology transfers to local firms. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/21/2006 , Also available in print.
    URL: Volltext  (Deutschlandweit zugänglich)
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