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  • MPI Ethno. Forsch.  (51)
  • Bayreuth UB
  • Washington, D.C. : World Bank Group, Development Economics, Development Research Group  (51)
  • Graue Literatur  (51)
  • Migration
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  • MPI Ethno. Forsch.  (51)
  • Bayreuth UB
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  • 1
    Online Resource
    Online Resource
    The use of financial incentives to prevent undesirable behaviors (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 39 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8424
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als de Walque, Damien The Use of Financial Incentives to Prevent Undesirable Behaviors
    Keywords: Gesundheitsvorsorge ; Social Marketing ; Anreiz ; AIDS ; Rauchen ; Drogenkonsum ; Alkohol ; Körpergewicht ; Jugendliche ; Ehe ; Entwicklungsländer ; Graue Literatur
    Abstract: Behaviors that are putting people's health and well-being at risk are widespread in the developing world and some of them, like smoking and unhealthy diets, are on the rise. Some of these behaviors can be prohibited or prevented by taxation. But financial incentives such as conditional cash transfers are also increasingly proposed and tested to discourage such behaviors, in domains as varied as HIV/AIDS, drugs, alcohol, smoking, obesity, or early marriage prevention. This paper presents the theoretical justification for using such incentives, distinguishing between the price, income effects, and the nudge effects. The growing literature about the effectiveness of financial incentives to prevent undesirable behaviors is reviewed in detail for each type of harmful behavior. Finally, the paper discusses the long-term sustainability of such incentives, a key issue if they are to be scaled up beyond pilot programs and research projects. The current evidence on whether such incentives have an impact after they are discontinued is mixed. Some design features, like lotteries or commitment devices, could induce savings as well as increase effectiveness, therefore improving sustainability
    DOI: 10.1596/1813-9450-8424
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  • 2
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    Joint effects of parenting and nutrition status on child development : evidence from rural Cambodia (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 38 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8529
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Berkes, Jan Joint Effects of Parenting and Nutrition Status on Child Development: Evidence from Rural Cambodia
    Keywords: Graue Literatur
    Abstract: Substantial work has demonstrated that early nutrition and home environments, including the degree to which children receive cognitive stimulation and emotional support from parents, play a profound role in influencing early childhood development. Yet, less work has documented the joint influences of parenting and nutrition status on child development among children in the preschool years living in low-income countries. Using panel data on parenting, nutrition status, and early developmental outcomes of about 7,000 Cambodian preschool-age children, this paper demonstrates that inequities in early development associated with family wealth are evident at the start of preschool and increase over time. A significant share of these inequalities can be explained by differences in parental stimulation and early nutrition status. Better educated parents engage in better parental activities that stimulate children's development. However, the positive association between parental activities and child outcomes is particularly strong for non-stunted children, and parental activities can only explain about 8-14 percent of the cognitive gap between the lowest and highest wealth quintiles. The results highlight the need for integrated interventions that address both parenting and early nutrition, also suggesting that parenting interventions for the most disadvantaged families should be carefully designed and evaluated to ensure maximum effectiveness
    DOI: 10.1596/1813-9450-8529
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  • 3
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    Are driving forces of CO 2 emissions different across countries? : insights from identity and econometric analyses (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 41 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8477
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Dong, Kangyin Are Driving Forces of CO2 Emissions Different across Countries? Insights from Identity and Econometric Analyses
    Keywords: 1980 - 2015 ; Treibhausgas-Emissionen ; Luftverschmutzung ; Klimawandel ; Energieeinsparung ; Förderung erneuerbarer Energien ; Welt ; Graue Literatur
    Abstract: This paper investigates factors behind the growth of carbon dioxide emissions over the 35 years between 1980 and 2015 in more than 100 countries, using an index decomposition technique (the Logarithmic Mean Divisia Index). The results are further confirmed using an econometric technique (the general method of moments). The study finds that economic growth, measurred in per capita gross domestic product, and population growth are the main drivers of the growth of carbon dioxide emissions during 1980-2015. Although economic growth is mainly responsible for the growth of emissions in high-, upper-middle-, and lower-middle-income countries, population growth that is primarily responsilble for it in low-income countries. More than 70 percent of the global growth in carbon dioxide emissions over the past 35 years was contributed by upper-middle-income countries. Improved energy efficiency, reflected in the declining energy intensity of gross domestic product, has substantially contributed to limit global carbon dioxide emissions at the current level; otherwise, the world's current carbon dioxide emissions would have been 40 percent higher. Despite the recent rapid expansion of renewable energy, its contribution to slowing the growth of global carbon dioxide emissions is not noticeable yet, due to its small share in the global energy supply mix
    DOI: 10.1596/1813-9450-8477
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  • 4
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    Do politically connected firms innovate, contributing to long-term economic growth? (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 32 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8502
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Francis, David Do Politically Connected Firms Innovate, Contributing to Long-Term Economic Growth?
    Keywords: Graue Literatur
    Abstract: This paper presents new evidence that cronyism reduces long-term economic growth by discouraging firms' innovation activities. The analysis is based on novel establishment survey data from The Arab Republic of Egypt which provides information on establishments' political connections, their innovation activities, and their access to policy privileges. The analysis finds that the probability that firms invest in products new to the firm increases from under 1 percent for politically connected firms to over 7 percent for unconnected firms. The results are robust across different innovation measures. Despite innovating less, politically connected firms are more capital intensive, as they face lower marginal cost of capital due to the generous policy privileges they receive, including exclusive access to input subsidies, public procurement contracts, favorable exchange rates, and financing from politically connected banks. These privileges are largest when compared with their direct competitors operating in the same 4-digit sectors. The findings suggest that connected firms out-rival their competitors by lobbying for privileges instead of innovating. In the aggregate, these policy privileges reduce Egypt's long-term growth potential by diverting resources away from innovation to the inefficient capital accumulation of a few large, connected firms. A wide array of supporting evidence suggests that this effect is causal and not due to selection
    DOI: 10.1596/1813-9450-8502
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  • 5
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    Transport costs, comparative advantage, and agricultural development : evidence from Jamuna Bridge in Bangladesh (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 51 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8509
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Blankespoor, Brian Transport Costs, Comparative Advantage, and Agricultural Development: Evidence from Jamuna Bridge in Bangladesh
    Keywords: Graue Literatur
    Abstract: This paper studies the effects of a large reduction in transport costs on agricultural development in a developing country, with a focus on the interactions among the comparative advantage and transport costs of a location, and the transport intensity and value of a commodity. The paper extends the von Thunen model of land allocation to incorporate costly technology adoption and comparative advantage based on land productivity. The theoretical analysis predicts spatial non-linearity in cropland allocation. A reduction in transport costs leads to adoption of productivity-enhancing inputs in the newly-connected region, and an increase in the share of land devoted to the high-value transport-intensive crop. The strongest effect is felt in areas that are not too near or too far from the center and have a higher land productivity in transport intensive crop. The empirical context of the analysis is the Jamuna bridge in Bangladesh, which opened in 1998 and reduced the transport costs from the poor hinterland in the northwest to the capital city (Dhaka) by more than 50 percent. Using sub-district level panel data, the paper implements doubly robust estimators in a difference-in-difference design. The analysis finds that the construction of Jamuna bridge led to increased adoption of technology (fertilizer, irrigation, greenness, and cropping intensity) and reallocation of land from low-value and nonperishable rice to high-value crops, pulses, and vegetables. The evidence indicates spatial nonlinearity in the effects on cropping intensity and the reallocation of land in areas with comparative advantage in vegetable production. For cropping intensity, the magnitude of the effect is large in the intermediate distance (130-150 kilometers) from the bridge. In areas with relatively higher vegetable productivity, land allocated to rice declined, and land was reallocated from high-yielding variety rice to vegetables in the intermediate distance (110-150 kilometers). This improved productive efficiency by aligning the cropping pattern more closely with comparative advantage. The bridge thus led to agricultural development through technology adoption, higher cropping intensity, and reducing the spatial mismatch between land suitability and crop choice
    DOI: 10.1596/1813-9450-8509
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  • 6
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    Who are America's star firms? (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 70 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8534
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Ayyagari, Meghana Who are America's Star Firms?
    Keywords: Graue Literatur
    Abstract: There is wide spread concern about a growing gap between top-performing publicly listed firms and the rest of the economy and the implications of this for rising inequality in the U.S. Using conventional return calculations, there is indeed a widening gap between star firms (defined as those with top 10 percent of return on invested capital in any year) and the rest of the economy over time, especially in industries that rely on a skilled labor force. However, once measurement error in intangible capital is accounted for, this gap shrinks dramatically and has not been widening over time. While pricing power, as measured by markups, predicts star firm status, a large fraction of star firms have low markups and there is no evidence that star firms are cutting output or investment more than other firms for the same markup. The effect of star status is persistent. Five years later, star firms have higher growth, profits, and Tobin's Q. A subset of exceptional firms may pose more pressing policy concerns with much higher returns and the potential to exercise market power in the future
    DOI: 10.1596/1813-9450-8534
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  • 7
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    Stationary bandits, state capacity, and the Malthusian transition : the lasting impact of the Taiping Rebellion (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 60 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8620
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Xu, L. Colin Stationary Bandits, State Capacity, and the Malthusian Transition: The Lasting Impact of the Taiping Rebellion
    Keywords: 1851 - 1864 ; Bürgerkrieg ; Bevölkerungstheorie ; Bevölkerungsentwicklung ; Sozialer Wandel ; China ; Graue Literatur
    Abstract: The Taiping Rebellion (1851-1864) in China was the deadliest civil war in history. This paper provides evidence that this cataclysmic event significantly shaped the Malthusian transition and long-term development that followed, especially in areas where the experiences that stemmed from the rebellion led to better property rights, stronger local fiscal capacity, and rule by leaders with longer-term governance horizons. More than one and a half centuries after the rebellion's end, population increases from pre-war levels remain 38 to 67 percent lower in areas that were affected by the rebellion than in those that were unaffected. Moreover, areas that were affected by the rebellion have, on average, greater fiscal capacity and modern economic sectors to the present day. Two channels for the effects of the rebellion are stationary banditry (manifested by varying property rights and the rebellion area's proximity to the Taiping capital), and the wartime strengthening of fiscal capacity. The analysis shows evidence of complementarity between wartime state capacity and local institutions, and of the long-term benefits of fiscal decentralization in a large country. Furthermore, initial human capital is strongly associated with long-term development
    DOI: 10.1596/1813-9450-8620
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  • 8
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    Sowing the seeds for rural finance : the impact of support services for credit unions in Mexico (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 46 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8483
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Bruhn, Miriam Sowing the Seeds for Rural Finance: The Impact of Support Services for Credit Unions in Mexico
    Keywords: Technische Zusammenarbeit ; Finanzielle Inklusion ; Ländliches Finanzsystem ; Genossenschaftsbank ; Mexiko ; Graue Literatur
    Abstract: This paper studies the impact of a program that provides grants for technical assistance on the interest rates and outreach of credit unions in Mexico. Credit unions financing rural borrowers received grants in different years. The study uses propensity score matching and relies additionally on the timing of the grants to identify effects. The analysis shows that the program lowered lending interest rates by up to 2.6 percentage points (from a pre-program average of 17.8 percent). This drop appears to be due to lower operating costs and better risk management, as reflected in a lower nonperforming loan ratio. The program also raised credit unions' returns on assets and significantly increased the value of their loan portfolio
    DOI: 10.1596/1813-9450-8483
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  • 9
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    The evidence is in how should youth employment programs in low-income countries be designed? (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 41 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8500
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Fox, Louise The Evidence Is In: How Should Youth Employment Programs In Low-Income Countries Be Designed?
    Keywords: Graue Literatur
    Abstract: Youth in many low-income countries are entering the labor force in unprecedented numbers, yet many struggle to secure rewarding livelihoods. This paper outlines the economic development challenges that constrain youth's transition into employment, and it parses the evidence on which programs and policies appear to speed that transition. It concludes that it may be time for a fundamental reassessment of approaches for addressing youth employment and the youth transition in low-income countries. Employment opportunities in low-income countries reflect the pace of economic and structural transformation. In designing strategies, policies, and programs to meet the entry-into-employment challenge for youth, the starting point is to diagnose the economy and current/future employment opportunities. Combined with the analysis of youth employment problems from a structural transformation perspective, evidence from rigorous evaluations of youth employment interventions provides new insight into which kinds of interventions are more likely to help youth succeed in certain contexts. The evidence reviewed here casts serious doubt on the efficacy and value of training interventions to help youth enter formal wage employment. The case is stronger for interventions that speed the transition to self-employment in farming or non-farm household enterprises. Support for development of transferable character skills and social integration among youth through positive youth development programs should be tested further for employment and earnings impacts, perhaps along with cash transfers to youth or access to finance. In reviewing the evidence on the cost-effectiveness and sustainability of youth employment impacts, the paper also notes the need for better measures of displacement and general equilibrium effects
    DOI: 10.1596/1813-9450-8500
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  • 10
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    Where is the carbon tax after thirty years of research? (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 88 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8493
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Timilsina, Govinda R Where Is the Carbon Tax after Thirty Years of Research?
    Keywords: Graue Literatur
    Abstract: This paper takes a dive into the deep literature on the carbon tax accumulated through active and continuous research over the past 30 years. It also presents the ongoing debate and implementation of the carbon tax in practice. The paper discusses the evolution of the carbon tax literature, classifying it by the issues investigated and methodology used for the investigation. It finds that the literature enlightens four key issues: (i) economic impacts, (ii) choices for revenue recycling, (iii) distributional implications, and (iv) competitiveness and border tax adjustment. Quantitative analysis, especially computable general equilibrium modeling, is the main method employed in the literature. The study shows that potential adverse economic impacts and competitiveness concerns are the main impediments to the introduction of the carbon tax. Extensive examinations of carbon tax issues at the global, regional, and country levels have led to innovative measures to address these concerns. While the carbon tax was mainly a subject of academic discussion until few years back, it has generated good attention for policy makers, particularly after the Paris Agreement on climate change, and is being considered as one of the main market instruments to address global climate change. Although several important issues related to the carbon tax have been well researched, its potential interactions with poverty and shared prosperity are yet to be investigated
    DOI: 10.1596/1813-9450-8493
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  • 11
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    Bridge to bigpush or backwash? : market integration, reallocation, and productivity effects of Jamuna Bridge in Bangladesh (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 58 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8508
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Blankespoor, Brian Bridge to Bigpush or Backwash? Market Integration, Reallocation, and Productivity Effects of Jamuna Bridge in Bangladesh
    Keywords: Graue Literatur
    Abstract: This paper uses a quasi-experimental study of a major bridge construction in Bangladesh to understand the effects of a large reduction in trade costs on the pattern of structural change and agricultural productivity. The paper develops a spatial general equilibrium model with a core and two hinterlands at the opposite sides separated by rivers, and allows for productivity gains through agglomeration in the agriculture and manufacturing sectors. The model yields insights different from the standard core-periphery and trade models: (i) the newly connected hinterland may experience higher population density and agricultural productivity despite significant de-industrialization; (ii) even with increased specialization in agriculture, the share of agricultural employment may decline when interregional trade requires local services (such as processing and trading); and (iii) the strongest effects on employment structure are felt not necessarily in the areas next to the bridge but in the areas that move out of autarky as a result of the bridge. The empirical estimation uses doubly robust estimators in a difference-in-difference design where the comparison hinterland comes from a region which was supposed to be connected to the core (capital city) by the proposed, but not yet constructed, Padma bridge. In the short run, there is significant labor reallocation from agriculture to services in the connected hinterland, but no perceptible effects on the employment share of manufacturing, population density, and night-lights. In the long run, the labor share of manufacturing declines in the treatment hinterland and increases in the core. However, there are significant positive effects on population density, night light luminosity, and agricultural yields in the treatment hinterland which contradict backwash effects of the bridge. The effects of the bridge on intersectoral labor allocation are spatially heterogeneous, with relatively weak effects in the areas close to the bridge
    DOI: 10.1596/1813-9450-8508
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  • 12
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    Services development and comparative : advantage in manufacturing (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 47 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8450
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Liu, Xuepeng Services Development and Comparative Advantage in Manufacturing
    Keywords: Dienstleistungssektor ; Industrie ; Branchenentwicklung ; Komparativer Vorteil ; Philippinen ; Indien ; Graue Literatur
    Abstract: Most manufacturing activities use inputs from the financial and business services sectors. But these services sectors also compete for resources with manufacturing activities, provoking concerns about de-industrialization-financial services in industrial countries like the United States and the United Kingdom, and business services in developing countries like India and the Philippines. This paper examines the implications of services development for the export performance of manufacturing sectors. It develops a methodology to quantify the indirect role of services in international trade in goods and constructs new measures of revealed comparative advantage based on domestic value added in gross exports. The paper shows that the development of financial and business services enhances the revealed comparative advantage of manufacturing sectors that use these services intensively but not that of other manufacturing sectors. It also finds that a country can partially overcome the handicap of an underdeveloped domestic services sector by relying more on imported services inputs. Thus, lower services trade barriers in developing countries can help to promote their manufacturing exports
    DOI: 10.1596/1813-9450-8450
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  • 13
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    Shared prosperity : concepts, data, and some policy examples (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 23 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8451
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Ferreira, Francisco H. G Shared Prosperity: Concepts, Data, and Some Policy Examples
    Keywords: 2008 - 2013 ; Entwicklungspolitik ; Armut ; Soziale Ungleichheit ; Entwicklungsländer ; Graue Literatur
    Abstract: "Shared prosperity" has become a common phrase in the development policy discourse. This short paper provides its most widely used operational definition-the growth rate in the average income of the poorest 40 percent of a country's population-and describes its origins. The paper discusses how this notion relates to well-established concepts and social indicators, including social welfare, poverty, inequality, and mobility, and reviews some of its design shortcomings. The paper then looks at household survey data to assess recent progress in this indicator globally. The analysis finds that during 2008-13, mean incomes for the poorest 40 percent rose in 60 of 83 countries. In 49 of them, accounting for 65 percent of the sampled population, it rose faster than overall average incomes. Finally, the paper briefly reviews a (non-exhaustive) range of 'pre-distribution' and 'redistribution' policies with a sound empirical track record of raising productivity and well-being among the poor, thus contributing to shared prosperity
    DOI: 10.1596/1813-9450-8451
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  • 14
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    Gendered language (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
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    Language: English
    Pages: 1 Online-Ressource (circa 57 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8464
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Jakiela, Pamela Gendered Language
    Keywords: Erwerbstätigkeit ; Bildungsverhalten ; Sprache ; Geschlecht ; Linguistik ; Graue Literatur
    Abstract: Languages use different systems for classifying nouns. Gender languages assign many-sometimes all-nouns to distinct sex-based categories, masculine and feminine. Drawing on a broad range of historical and linguistic sources, this paper constructs a measure of the proportion of each country's population whose native language is a gender language. At the cross-country level, this paper documents a robust negative relationship between the prevalence of gender languages and women's labor force participation. It also shows that traditional views of gender roles are more common in countries with more native speakers of gender languages. In African countries where indigenous languages vary in terms of their gender structure, educational attainment and female labor force participation are lower among those whose native languages are gender languages. Cross-country and individual-level differences in labor force participation are large in both absolute and relative terms (when women are compared to men), suggesting that the observed patterns are not driven by development or some unobserved aspect of culture that affects men and women equally. Following the procedures proposed by Altonji, Elder, and Taber (2005) and Oster (2017), this paper shows that the observed correlations are unlikely to be driven by unobservables. Using a permutation test based on the structure of the language tree and the distribution of languages across countries, this paper demonstrates that the results are not driven by spurious correlations within language families. Gender languages appear to reduce women's labor force participation and perpetuate support for unequal treatment of women
    DOI: 10.1596/1813-9450-8464
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  • 15
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    Incentivizing school attendance in the presence of parent-child information frictions (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 63 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8476
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als de Walque, Damien Incentivizing School Attendance in the Presence of Parent-Child Information Frictions
    Keywords: Schulbesuch ; Öffentliche Sozialleistungen ; Moral Hazard ; Frauenbildung ; Ländlicher Raum ; Mosambik ; Graue Literatur
    Abstract: Education conditional cash transfer programs may increase school attendance in part due to the information they transmit to parents about their child's attendance. This paper presents experimental evidence that the information content of an education conditional cash transfer program, when given to parents independently of any transfer, can have a substantial effect on school attendance. The effect is as large as 75 percent of the effect of a conditional cash transfer incentivizing parents, and not significantly different from it. In contrast, a conditional transfer program incentivizing children instead of parents is nearly twice as effective as an "information only" treatment providing the same information to parents about their child's attendance. Taken together, these results suggest that children have substantial agency in their schooling decisions. The paper replicates the findings from most evaluations of conditional cash transfers that gains in attendance achieved by incentivizing parents financially do not translate into gains in test scores. But it finds that both the information only treatment and the alternative intervention incentivizing children substantially improve math test scores
    DOI: 10.1596/1813-9450-8476
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  • 16
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    The ecological impact of transportation infrastructure (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 58 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8507
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Asher, Sam The Ecological Impact of Transportation Infrastructure
    Keywords: Graue Literatur
    Abstract: There is a long-standing debate over whether new roads unavoidably lead to environmental damage, especially forest loss, but causal identification has been elusive. Using multiple causal identification strategies, this paper studies the construction of new rural roads to over 100,000 villages and the upgrading of 10,000 kilometers of national highways in India. The new rural roads had precise zero effects on local deforestation. In contrast, the highway upgrades caused substantial forest loss, which appears to be driven by increased timber demand along the transportation corridors. In terms of forests, last mile connectivity had a negligible environmental cost, while expansion of major corridors had important environmental impacts
    DOI: 10.1596/1813-9450-8507
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  • 17
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    Jati inequality in rural Bihar (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 24 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8512
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Joshi, Shareen Jati Inequality in Rural Bihar
    Keywords: Graue Literatur
    Abstract: Caste is a persistent driver of inequality in India, and it is generally analyzed with government-defined broad categories, such as Scheduled Caste and Scheduled Tribe. In everyday life, however, caste is lived and experienced as jati, which is a local system of stratification. Little is known about economic inequality at the jati level. This paper uses data from poor rural districts in Bihar to explore expenditure inequality at the jati level. Inequality decompositions show much more variation between jatis than between broad caste categories. The analysis finds that even within generally disadvantaged Scheduled Castes and Scheduled Tribes, some jatis are significantly worse off than others. Consistent with previous work, the paper also finds that inequality is largely driven by inequality within jatis. This finding has implications for the implementation of large-scale poverty alleviation programs: the benefits of programs intended for disadvantaged castes are concentrated among specific jatis
    DOI: 10.1596/1813-9450-8512
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 18
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    Technology, taxation, and corruption : evidence from the introduction of electronic tax filing (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 62 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8452
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Okunogbe, Oyebola Technology, Taxation, and Corruption: Evidence from the Introduction of Electronic Tax Filing
    Keywords: Finanzverwaltung ; E-Government ; Elektronischer Datenaustausch ; Informationstechnik ; Korruption ; Tadschikistan ; Graue Literatur
    Abstract: Many e-government initiatives introduce technology to improve efficiency and avoid potential human bias. Electronic tax filing (e-filing) is an important example, as developing countries increasingly adopt online submission of tax declarations to replace in-person submission to tax officials. This paper examines the impact of e-filing on compliance costs, tax payments, and bribe payments using experimental variation and data from Tajikistan firms. Firms that e-file have lower compliance costs, spending five fewer hours each month on fulfilling tax obligations. There are no significant average effects of e-filing on tax or bribe payments, but significant heterogeneity exists across firms by their baseline likelihood of tax evasion. Among firms previously more likely to evade, e-filing doubles tax payments, likely by disrupting collusion with officials. Conversely, among firms less likely to have been evading, e-filing reduces tax payments, suggesting that officials had previously required them to pay more. These firms also pay fewer bribes, as e-filing reduces opportunity for extortion. In all, the results indicate that e-filing reduces compliance costs and makes the distribution of tax payments across firms arguably more equitable
    DOI: 10.1596/1813-9450-8452
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 19
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    Motivating bureaucrats through social recognition : evidence from simultaneous field experiments (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 38 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8473
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Gauri, Varun Motivating Bureaucrats through Social Recognition: Evidence from Simultaneous Field Experiments
    Keywords: Krankenhausmanagement ; Betriebliche Dokumentation ; Social Marketing ; Verhalten in Organisationen ; Nigeria ; Graue Literatur
    Abstract: Bureaucratic performance is a crucial determinant of economic growth. Little is known about how to improve it in resource-constrained settings. This study describes a field trial of a social recognition intervention to improve record keeping in clinics in two Nigerian states, replicating the intervention-implemented by a single organization-on bureaucrats performing identical tasks in both states. Social recognition improved performance in one state but had no effect in the other, highlighting both the potential and the limitations of behavioral interventions. Differences in observables did not explain cross-state differences in impacts, however, illustrating the limitations of observable-based approaches to external validity
    DOI: 10.1596/1813-9450-8473
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 20
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    Endowment effects and usage of financial products : field evidence from Malawi (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 31 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8576
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Gine, Xavier Endowment Effects and Usage of Financial Products: Field Evidence from Malawi
    Keywords: Graue Literatur
    Abstract: When offered a choice between two savings accounts, prior account holders are significantly less likely to switch to a cheaper account, compared with new subjects without a prior account. While 49 percent of account holders retained their original, expensive accounts, none of the new subjects who opened an account chose the expensive one. This finding is consistent with the "endowment effect." Exploiting previous experimental variation in account usage among prior account holders, the paper finds that the endowment effect disappears among those with higher induced usage. This finding suggests that familiarity with the account can mitigate behavioral anomalies and improve financial decision-making
    DOI: 10.1596/1813-9450-8576
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 21
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    Methodology for a World Bank Human Capital Index : background paper to the 2019 World Development Report (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 59 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8593
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Kraay, Aart Methodology for a World Bank Human Capital Index
    Keywords: Graue Literatur
    Abstract: This paper describes the methodology for a new World Bank Human Capital Index (HCI). The HCI combines indicators of health and education into a measure of the human capital that a child born today can expect to obtain by her 18th birthday, given the risks of poor education and health that prevail in the country where she lives. The HCI is measured in units of productivity relative to a benchmark of complete education and full health, and ranges from 0 to 1. A value of x on the HCI indicates that a child born today can expect to be only X x 100 percent as productive as a future worker as she would be if she enjoyed complete education and full health. The methodology of the HCI is anchored in the extensive literature on development accounting
    DOI: 10.1596/1813-9450-8593
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 22
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    The dynamics of development : innovation and reallocation (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 53 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8505
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Buera, Francisco J The Dynamics of Development: Innovation and Reallocation
    Keywords: Graue Literatur
    Abstract: This paper proposes a quantitative model of firm dynamics with endogenous innovation to study growth acceleration episodes triggered by reforms. The authors find that reforms removing barriers to firm entry lead to persistent growth in TFP and declining average firm size, as in the experience of successful post-communist transitions. Reforms that reverse resource misallocation result in more protracted paths of TFP and rising average firm size, as in the experience of non-communist growth accelerations. When calibrating the reforms to data from Chile's and China's growth accelerations, the model can replicate the macro and firm-level features of these episodes
    DOI: 10.1596/1813-9450-8505
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 23
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    Spatial and sectoral heterogeneity of occupational choice in Cameroon (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 57 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8515
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Bougna, Theophile Spatial and Sectoral Heterogeneity of Occupational Choice in Cameroon
    Keywords: Graue Literatur
    Abstract: This paper investigates the relationship between location, agglomeration, access to credit, informality, and productivity across cities and industries in Cameroon. Emphasizing the link between micro-foundations and the data, the paper develops and estimates a structural model of occupational choice in which heterogeneous agents choose between formal entrepreneurship, informal entrepreneurship, and non-entrepreneurial work. Their decision-making process is driven by institutional constraints such as entry costs, tax enforcement, and access to credit. The model predicts that agglomeration has a non-monotonic effect on formalization, and entrepreneurial profits increase with agglomeration effects. Estimating the model by the generalized method of moments, the paper finds that the returns to capital and labor are not uniform across sectors and cities. Manufacturing industries are highly constrained in capital and the elasticity of capital is higher in Yaounde and Douala, whereas labor elasticity is higher in Kribi. Counterfactual simulations show that an increase in roads provision can have a substantial impact in terms of output, formalization, and productivity. A reduction in the current interest rate has a large and significant impact on formalization and no significant effect on business creation. Likewise, while the current tax rate is suboptimal for most cities, a tax reduction policy would have a much greater impact on formalization than on business creation. These effects differ substantially across cities and sectors, suggesting that those policy instruments could be implemented accordingly to support formalization and business creation
    DOI: 10.1596/1813-9450-8515
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 24
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    Upping the ante : the equilibrium effects of unconditional grants to private schools (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 96 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8563
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Andrabi, Tahir Upping the Ante; The Equilibrium Effects of Unconditional Grants to Private Schools
    Keywords: Graue Literatur
    Abstract: This paper tests for financial constraints as a market failure in education in a low-income country. In an experimental setup, unconditional cash grants are allocated to one private school or all private schools in a village. Enrollment increases in both treatments, accompanied by infrastructure investments. However, test scores and fees only increase in the setting of all private schools along with higher teacher wages. This differential impact follows from a canonical oligopoly model with capacity constraints and endogenous quality: greater financial saturation crowds-in quality investments. The findings of higher social surplus in the setting of all private schools, but greater private returns in the setting of one private school underscore the importance of leveraging market structure in designing educational subsidies
    DOI: 10.1596/1813-9450-8563
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 25
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    Long-term impacts of alternative approaches to increase schooling : evidence from a scholarship program in Cambodia (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 53 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8566
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Barrera-Osorio, Felipe Long-Term Impacts of Alternative Approaches to Increase Schooling: Evidence from a Scholarship Program in Cambodia
    Keywords: Graue Literatur
    Abstract: This paper reports on a randomized experiment to investigate the long-term effects of a primary school scholarship program in rural Cambodia. In 2008, fourth-grade students in 207 randomly assigned schools (103 treatment, 104 control) received scholarships based on the students' academic performance in math and language or their level of poverty. Three years after the program's inception, an evaluation showed that both types of scholarship recipients had more schooling than nonrecipients; however, only merit-based scholarships led to improvements in cognitive skills. This new study reports impacts, nine years after program inception, on the educational attainment, cognitive skills, socioemotional outcomes, socioeconomic status and well-being, and labor market outcomes of individuals who are, on average, 21 years old. The results show that both types of scholarships led to higher long-term educational attainment (about 0.21-0.29 grade level), but only merit-based scholarships led to improvements in cognitive skills (0.11 standard deviation), greater self-reported well-being (0.18 standard deviation), and employment probability (3.4 percentage points). Neither type of scholarship increased socioemotional skills. The results also suggest that there are labeling effects: the impacts of the scholarship types differ even for individuals with similar characteristics
    DOI: 10.1596/1813-9450-8566
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 26
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    Assessing the effect of public capital on growth : an extension of the World Bank long-term growth model (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 38 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8604
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Devadas, Sharmila Assessing the Effect of Public Capital on Growth: An Extension of the World Bank Long-Term Growth Model
    Keywords: Graue Literatur
    Abstract: To analyze the effect of an increase in the quantity or quality of public investment on growth, this paper extends the World Bank's Long-Term Growth Model (LTGM), by separating the total capital stock into public and private portions, with the former adjusted for its quality. The paper presents the Long-Term Growth Model Public Capital Extension (LTGM-PC) and accompanying freely downloadable Excel-based tool. It also constructs a new Infrastructure Efficiency Index (IEI), by combining quality indicators for power, roads, and water as a cardinal measure of the quality of public capital in each country. In the model, public investment generates a larger boost to growth if existing stocks of public capital are low, or if public capital is particularly important in the production function. Through the lens of the model and utilizing newly-collated cross-country data, the paper presents three stylized facts and some related policy implications. First, the measured public capital stock is roughly constant as a share of gross domestic product (GDP) across income groups, which implies that the returns to new public investment, and its effect on growth, are roughly constant across development levels. Second, developing countries are relatively short of private capital, which means that private investment provides the largest boost to growth in low-income countries. Third, low-income countries have the lowest quality of public capital and the lowest efficient public capital stock as a share of gross domestic product. Although this does not affect the returns to public investment, it means that improving the efficiency of public investment has a sizable effect on growth in low-income countries. Quantitatively, a permanent 1ppt GDP increase in public investment boosts growth by around 0.1-0.2ppts over the following few years (depending on the parameters), with the effect declining over time
    DOI: 10.1596/1813-9450-8604
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  • 27
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    International data flows and privacy : the conflict and its resolution (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 36 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8431
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Mattoo, Aaditya International Data Flows and Privacy: The Conflict and Its Resolution
    Keywords: Datenschutz ; Globalisierung ; Handel ; Internationales Abkommen ; EU-Staaten ; USA ; Graue Literatur
    Abstract: The free flow of data across borders underpins today's globalized economy. But the flow of personal data outside the jurisdiction of national regulators also raises concerns about the protection of privacy. Addressing these legitimate concerns without undermining international integration is a challenge. This paper describes and assesses three types of responses to this challenge: unilateral development of national or regional regulation, such as the European Union's Data Protection Directive and forthcoming General Data Protection Regulation; international negotiation of trade disciplines, most recently in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP); and international cooperation involving regulators, most significantly in the EU-U.S. Privacy Shield Agreement. The paper argues that unilateral restrictions on data flows are costly and can hurt exports, especially of data-processing and other data-based services; international trade rules that limit only the importers' freedom to regulate cannot address the challenge posed by privacy; and regulatory cooperation that aims at harmonization and mutual recognition is not likely to succeed, given the desirable divergence in national privacy regulation. The way forward is to design trade rules (as the CPTPP seeks to do) that reflect the bargain central to successful international cooperation (as in the EU-US Privacy Shield): regulators in data destination countries would assume legal obligations to protect the privacy of foreign citizens in return for obligations on data source countries not to restrict the flow of data. Existing multilateral rules can help ensure that any such arrangements do not discriminate against and are open to participation by other countries
    DOI: 10.1596/1813-9450-8431
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  • 28
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    Measuring and explaining patterns of spatial income inequality from outer space : evidence from Africa (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 36 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8484
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Mveyange, Anthony Measuring and Explaining Patterns of Spatial Income Inequality from Outer Space: Evidence from Africa
    Keywords: 1992 - 2013 ; Fotografie ; Licht ; Räumliche Verteilung ; Einkommensverteilung ; Messung ; Wetter ; Afrika ; Graue Literatur
    Abstract: This paper argues for night-lights data as an alternative data source for measuring spatial inequalities in Africa, where the paucity of subnational income data is persistent. The analysis compares the statistical relationships between income and lights-based measures of spatial income inequality in South Africa and shows that night-lights are a decent proxy for spatial income inequality. Further analysis of the patterns of lights-based spatial income inequality across 48 countries in Africa broadly reveals rising patterns between 1992 and 2013. Following the climate-economy literature, the analysis also reveals that temperature and precipitation changes significantly increased spatial inequality in the long-run and the effects penetrated through income and agriculture channels across countries in the continent. These findings provide important lessons for policy discussions about how to measure, explain the patterns of, and mitigate the potential drivers of spatial inequality in Africa
    DOI: 10.1596/1813-9450-8484
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  • 29
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    Using satellite imagery to revolutionize creation of tax maps and local revenue collection (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 35 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8437
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Ali, Daniel Ayalew Using Satellite Imagery to Revolutionize Creation of Tax Maps and Local Revenue Collection
    Keywords: Vermögensteuer ; Immobilienbewertung ; Weltraumtechnik ; Fotografie ; Hedonischer Preisindex ; Besteuerungsverfahren ; Ruanda ; Graue Literatur
    Abstract: The technical complexity of ensuring that tax rolls are complete and valuations current is often perceived as a major barrier to bringing in more property tax revenues in developing countries. This paper shows how high-resolution satellite imagery makes it possible to assess the completeness of existing tax maps by estimating built-up areas based on building heights and footprints. Together with information on sales prices from the land registry, targeted surveys, and routine statistical data, this makes it possible to use mass valuation procedures to generate tax maps. The example of Kigali illustrates the reliability of the method and the potentially far-reaching revenue impacts. Estimates show that heightened compliance and a move to a 1 percent ad valorem tax would yield a tenfold increase in revenue from public land
    DOI: 10.1596/1813-9450-8437
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 30
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    Can government intervention make firms more investment-ready? : a randomized experiment in the Western Balkans (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 73 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8541
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Cusolito, Ana Paula Can Government Intervention Make Firms More Investment-Ready? A Randomized Experiment in the Western Balkans
    Keywords: Gründungsförderung ; Investitionspolitik ; Wirkungsanalyse ; Unternehmensgründung ; Private Equity ; Risikokapital ; Südosteuropa ; Graue Literatur
    Abstract: Many innovative start-ups and small and medium-size enterprises have good ideas, but do not have these ideas fine-tuned to the stage where they can attract outside funding. Investment readiness programs attempt to help firms to become ready to attract and accept outside equity funding through a combination of training, mentoring, master classes, and networking. This study conducted a five-country randomized experiment in the Western Balkans that worked with 346 firms and delivered an investment readiness program to half of the firms, with the control group receiving an inexpensive online program instead. A pitch event was then held for these firms to pitch their ideas to independent judges. The investment readiness program resulted in a 0.3 standard deviation increase in the investment readiness score, with this increase occurring throughout the distribution. Two follow-up surveys show that the judges' scores predicted investment readiness and investment outcomes over the subsequent two years. Treated firms attained significantly more media attention and were 5 percentage points more likely to have made a deal with an outside investor, although this increase is not statistically significant (95 confidence interval of -4.7 to +14.7 percentage points)
    DOI: 10.1596/1813-9450-8541
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  • 31
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    Nutrition, religion, and widowhood in Nigeria (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 53 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8549
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Milazzo, Annamaria Nutrition, Religion, and Widowhood in Nigeria
    Keywords: Frauen ; Ernährung ; Sozialer Status ; Ehe ; Christentum ; Islam ; Nigeria ; Graue Literatur
    Abstract: It is known that Muslim women in Nigeria have significantly worse nutritional status than their Christian counterparts. The paper first shows that this difference is explained by covariates including geographic location, ethnicity, household wealth, and women's education. However, on accounting for observable characteristics, Muslim widows enjoy a higher nutritional status than Christian widows, particularly in rural areas. The patterns are robust to including village fixed effects and are confirmed for mixed religion ethnic groups. The data are consistent with more favorable processes following widowhood among Muslims, namely inheritance practices and remarriage options. Data on inheritance and violence patterns by religion confirm that Muslim widows are significantly less likely to be dispossessed of their late husband's property or to be mistreated upon widowhood by in-laws. Muslim women are more likely to be chronically undernourished but less nutritionally vulnerable to this marital shock
    DOI: 10.1596/1813-9450-8549
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  • 32
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    The causal mechanism of financial education : evidence from mediation analysis (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 46 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8619
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Carpena, Fenella The Causal Mechanism of Financial Education: Evidence from Mediation Analysis
    Keywords: Finanzwissen ; Anlageverhalten ; Wirkungsanalyse ; Kausalanalyse ; Feldforschung ; Indien ; Graue Literatur
    Abstract: This paper uses a field experiment in India with multiple financial education treatments to investigate the causal mechanisms between financial education and financial behavior. Focusing on the mediating role of financial literacy, the paper proposes a broader definition of financial knowledge that includes three dimensions: numeracy skills, financial awareness, and attitudes toward personal finance. The analysis then employs causal mediation analysis to investigate the proportion of the treatment effect that can be attributed to these three channels. Strikingly, numeracy does not mediate any effects of financial education on household outcomes. For 〈italic〉simple〈/italic〉 financial actions such as budgeting, both awareness and attitudes serve as critical pathways, while for more 〈italic〉complex〈/italic〉 financial activities such as opening a savings account, attitudes play a more prominent role. These findings underscore the importance of changing perceptions about financial products and services as a vital mechanism for the success of financial education
    DOI: 10.1596/1813-9450-8619
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  • 33
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    Inequality of opportunity in education : accounting for the contributions of sibs, schools and sorting across East Africa (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 61 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8622
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Anand, Paul Inequality of Opportunity In Education: Accounting For The Contributions of Sibs, Schools And Sorting Across East Africa
    Keywords: Bildungschancen ; Bildungsabschluss ; Dekompositionsverfahren ; Schulauswahl ; Ostafrika ; Graue Literatur
    Abstract: Inequalities in the opportunity to obtain a good education in low-income countries are widely understood to be related to household resources and schooling quality. Yet, to date, most researchers have investigated the contributions of these two factors separately. This paper considers them jointly, paying special attention to their covariation, which indicates whether schools exacerbate or compensate for existing household-based inequalities. The paper develops a new variance decomposition framework and applies it to data on more than one million children in three low-income East African countries. The empirical results show that although household factors account for a significant share of total test score variation, variation in school quality and positive sorting between households and schools are, together, no less important. The analysis also finds evidence of substantial geographical heterogeneity in schooling quality. The paper concludes that promoting equity in education in East Africa requires policies that go beyond raising average school quality and should attend to the distribution of school quality as well as assortative matching between households and schools
    DOI: 10.1596/1813-9450-8622
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  • 34
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    Bank runs and moral hazard : a review of deposit insurance (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 31 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8589
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Anginer, Deniz Bank Runs and Moral Hazard: A Review of Deposit Insurance
    Keywords: Graue Literatur
    Abstract: Deposit insurance is a widely adopted policy to promote financial stability in the banking sector. Deposit insurance helps ensure depositors' confidence in the financial system and prevents contagious bank runs, but it also comes with an unintended consequence of encouraging banks to take on excessive risk. This paper reviews the economic costs and benefits of deposit insurance and highlights the importance of institutions and specific design features for how well deposit insurance schemes work in practice
    DOI: 10.1596/1813-9450-8589
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  • 35
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    Aquatic salinization and mangrove species in a changing climate : impact in the Indian Sundarbans (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 23 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8532
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Mukhopadhyay, Anirban Aquatic Salinization and Mangrove Species in a Changing Climate: Impact in the Indian Sundarbans
    Keywords: Graue Literatur
    Abstract: This paper contributes to understanding the physical and economic effects of salinity diffusion and planning for appropriate adaptation for managing the Sundarbans in a changing climate, with a focus on the West Bengal portion of the tidal-wetland forest delta. A five-step analysis, using high-resolution spatial assessments, was conducted to get a broader picture of the migration of mangrove species with progressive aquatic salinization in a changing climate. A current (2015) basemap, with overlays of salinity tolerance for various mangrove species, and projected location-specific aquatic salinity for 2050 were used to predict the impacts of salinization on mangrove species by 2050. The results indicate patterns of gains and losses, with dominance of salt-tolerant species at the expense of freshwater species. Overall, the impact of salinity-induced mangrove migration will have an adverse effect on the flow of ecosystem services, ultimately impacting the livelihood options of poor households. Resources should be directed to developing alternative livelihoods for mangrove-dependent households. In addition, efforts are needed to develop sustainable policies that incorporate rising salinity, changes in mangrove dynamics, and the welfare impacts on poor communities
    DOI: 10.1596/1813-9450-8532
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  • 36
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    The aggregate income losses from childhood stunting and the returns to a nutrition intervention aimed at reducing stunting (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 38 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8536
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Galasso, Emanuela The Aggregate Income Losses from Childhood Stunting and the Returns to a Nutrition Intervention Aimed at Reducing Stunting
    Keywords: Graue Literatur
    Abstract: This paper undertakes two calculations, one for all developing countries, the other for 34 developing countries that together account for 90 percent of the world's stunted children. The first calculation asks how much lower a country's per capita income is today as a result of some of its workers having been stunted in childhood. The analysis uses a development accounting framework, relying on micro-econometric estimates of the effects of childhood stunting on adult wages, through the effects on years of schooling, cognitive skills, and height, parsing out the relative contribution of each set of returns to avoid double counting. The estimates show that, on average, the per capita income penalty from stunting is around 7 percent. The second calculation estimates the economic value and the costs associated with scaling up a package of nutrition interventions using the same methodology and set of assumptions used in the first calculation. The analysis considers a package of 10 nutrition interventions for which data are available on the effects and costs. The estimated rate-of-return from gradually introducing this program over a period of 10 years in the 34 countries is 17 percent, and the corresponding benefit-cost ratio is 15:1
    DOI: 10.1596/1813-9450-8536
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  • 37
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    Does exposure to other ethnic regions promote national integration? : evidence from Nigeria (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 44 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8606
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Okunogbe, Oyebola Does Exposure to Other Ethnic Regions Promote National Integration?: Evidence from Nigeria
    Keywords: Graue Literatur
    Abstract: This paper examines how temporary migration to a different ethnic region affects national integration. It uses original survey data from individuals who were randomly exposed to different ethnic regions of Nigeria during their mandatory national service, the largest program of its kind in Africa. Comparing participants who served in a state where they are the ethnic majority to those who served in a state where they are not indicates two concurrent effects. First, interethnic exposure creates a stronger connection to the country as a whole: exposed participants have greater national pride and more positive attitudes about Nigeria, they are more knowledgeable about other parts of the country, and they are four times as likely to be living outside their ethnic region seven years later. Second, consistent with social identity theory, immersion in a different ethnic region highlights distinctions between groups and reinforces participants' connection to their ethnic group: exposed participants have more positive attitudes toward their own ethnic group, but not others, and are more likely to have all their closest friends from their ethnic group
    DOI: 10.1596/1813-9450-8606
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 38
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    Exposure of belt and road economies to China trade shocks (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 60 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8503
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Bastos, Paulo Exposure of Belt and Road Economies to China Trade Shocks
    Keywords: Graue Literatur
    Abstract: The Belt and Road Initiative seeks to deepen China's international integration by improving infrastructure and strengthening trade and investment linkages with countries along the old Silk Road, thereby linking it to Europe. This paper uses detailed bilateral trade data for 1995-2015 to assess the degree of exposure of Belt and Road economies to China trade shocks. The econometric results reveal that China's trade growth significantly affected the exports of Belt and Road economies. Between 1995 and 2015, the magnitude of China's demand shocks was larger than that of its competition shocks. However, competition shocks became more important in recent years, and were highly heterogeneous across countries and industries. Building on these findings, the paper documents the current degree of exposure of Belt and Road economies to China trade shocks, and discusses policy options to deal with trade-induced adjustment costs
    DOI: 10.1596/1813-9450-8503
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 39
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    Improved biomass cook stoves for climate change mitigation? : evidence of preferences, willingness to pay, and carbon savings (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 27 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8499
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Dissanayake, Sahan T. M Improved Biomass Cook Stoves for Climate Change Mitigation? Evidence of Preferences, Willingness to pay, and Carbon Savings
    Keywords: Graue Literatur
    Abstract: This paper investigates household preferences for improved cook stoves using a choice experiment administered in rural Ethiopia, and the cost-effectiveness of an improved stove for reducing global greenhouse gas emissions. In Ethiopia, about 96 percent of household energy demand is fulfilled by biomass. Improved stoves use less firewood and produce less smoke, and they have been touted as a way to reduce greenhouse gas emissions and health effects from indoor air pollution, as well as to improve forest conservation. Although there are many studies on the adoption of improved stoves, there is limited information on the willingness to pay for particular attributes of stoves, information that is vital for designing effective stoves and improving stove adoption. The paper finds that households have a positive willingness to pay for the durability, fuelwood use reduction, smoke reduction, and cooking time reduction of improved stoves. It also shows that the stove used in this experiment can be cost-effective for reducing greenhouse gas emissions, which suggests that programs providing payments for reducing greenhouse gas emissions could strengthen stove adoption if they are well implemented. The main reason the stoves are not being adapted is the lack of availability, which is a key message to policy makers
    DOI: 10.1596/1813-9450-8499
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 40
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    The optimal mix of pricing and infrastructure expansions to alleviate traffic congestion and in-bus crowding in Grand Casablanca (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 44 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8501
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Anas, Alex The Optimal Mix of Pricing and Infrastructure Expansions to Alleviate Traffic Congestion and In-Bus Crowding in Grand Casablanca
    Keywords: Graue Literatur
    Abstract: Like in many large cities in developing countries, traffic in Grand Casablanca, Morocco, is congested and public buses are crowded. These conditions are alleviated by a combination of supply-side infrastructure expansions, such as more buses and new road capacity, and demand-side pricing instruments, such as parking and fuel taxes. Using an empirical urban transportation mode choice model for Casablanca, this study finds a mix of these expansion policies and pricing instruments to alleviate congestion and maximize aggregate social welfare. The optimal mix is sensitive to the marginal costs of the infrastructure expansions. If the city were to spread out in its periphery where land constraints do not exist and land is available at lower prices, a supply-side instrument, particularly the optimal expansion of roads, would be far more effective in achieving welfare gains than the use of optimal pricing instruments without new roads. By contrast, if the city were to densify in already built-up areas, land and other physical constraints and the high price of land may leave expensive "elevated roads" as the only option. In this case, demand-side instruments together with the elevated roads would equally contribute to reduce traffic congestion and in-bus crowding
    DOI: 10.1596/1813-9450-8501
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 41
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    Gross capital flows by banks, corporates, and sovereigns (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 108 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8514
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Avdjiev, Stefan Gross Capital Flows by Banks, Corporates, and Sovereigns
    Keywords: Graue Literatur
    Abstract: This paper constructs a new dataset of quarterly capital flows by sector and establishes four facts. First, the co-movement of capital inflows and outflows is driven by banks. Second, procyclicality of capital inflows is driven by banks and corporates, whereas sovereigns' external liabilities move acyclically in advanced and countercyclically in emerging countries. Third, procyclicality of capital outflows is driven by advanced countries' banks and emerging countries' sovereigns (reserves). Fourth, capital inflows and outflows decline for banks and corporates when global risk aversion increases, whereas sovereigns' flows show no response. These facts are inconsistent with a large class of theoretical models
    DOI: 10.1596/1813-9450-8514
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  • 42
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    The informal city (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 57 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8482
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Selod, Harris The Informal City
    Keywords: Stadt ; Städtischer Immobilienmarkt ; Eigentumsrechtstheorie ; Kommunalverwaltung ; Mietrecht ; Graue Literatur
    Abstract: This paper proposes a theory of urban land use with endogenous property rights. Socially heterogeneous households compete for where to live in the city and choose the type of property rights they purchase from a land administration which collects fees in inequitable ways. The model generates predictions regarding sorting and spatial patterns of informality consistent with developing country cities. It also highlights non-trivial effects of land administration reforms in the presence of pecuniary externalities, possibly explaining why elites may have an interest in maintaining inequitable land administrations that insulate them from competition for land from the rest of the population
    DOI: 10.1596/1813-9450-8482
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  • 43
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    Services globalization in an age of insecurity : rethinking trade cooperation (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 42 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8579
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Mattoo, Aaditya Services Globalization in an Age of Insecurity: Rethinking Trade Cooperation
    Keywords: Graue Literatur
    Abstract: Decades of services trade negotiations have produced a plethora of rules and commitments but limited real liberalization. One reason is a form of "negotiating tunnel vision," which has led to a focus on reciprocal market opening rather than on creating the regulatory preconditions for liberalization. This paper makes four points. First, current trade disciplines are a useful but inadequate restraint on regulatory protection. Second, proposed disciplines on domestic regulation would add value but would not solve problems with the application of existing trade law and could create a hold-back problem in securing new liberalizing commitments. Third, insulating domestic consumers from international market failure is a precondition for further liberalization in many services sectors, and the relevant international bargain needs to be an exchange of regulatory commitments by exporters in return for market access commitments by importers. Fourth, such bargains create a risk of exclusion for nonparticipants that can and should be addressed. The paper illustrates these arguments drawing upon recent developments relating to data privacy, financial services, labor mobility, and competition policy
    DOI: 10.1596/1813-9450-8579
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 44
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    Management and bureaucratic effectiveness : evidence from the Ghanaian civil service (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 70 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8595
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Rasul, Imran Management and Bureaucratic Effectiveness: Evidence from the Ghanaian Civil Service
    Keywords: Graue Literatur
    Abstract: A burgeoning area of social science research examines how state capabilities and bureaucratic effectiveness shape economic development. This paper studies how the management practices of civil service bureaucrats correlate to the delivery of public projects, using novel data from the Ghanaian Civil Service. This paper combines hand-coded progress reports on 3,600 projects with a management survey in the government ministries and departments responsible for these projects. The analysis finds that management matters: practices related to autonomy are positively associated with project completion, yet practices related to incentives/monitoring of bureaucrats are negatively associated with project completion. The negative impact of incentives/monitoring practices is partly explained by bureaucrats having to multi-task, interactions with their intrinsic motivation, their engagement in influence activities, and project characteristics such as the clarity of targets and deliverable outputs. The paper discusses the interplay between management practices and corruption, alternative methods by which to measure management practices in organizations, and the external validity of the results. The findings suggest that the focus of many civil service reform programs on introducing stronger incentives and monitoring may backfire in some organizations, and that even countries with low levels of state capability may benefit by providing public servants with greater autonomy in some spheres
    DOI: 10.1596/1813-9450-8595
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  • 45
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    The consequences of political interference in bureaucratic decision making : evidence from Nigeria (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 47 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8554
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Rogger, Daniel The Consequences of Political Interference in Bureaucratic Decision Making; Evidence from Nigeria
    Keywords: Graue Literatur
    Abstract: This paper investigates the consequences of granting politicians power over bureaucrats in the implementation of small-scale public infrastructure projects. While potentially bolstering the incentive for the executive to perform, increased legislative oversight may lead to distortions in the technocratic process for political gain. By assembling a nationally representative data set from Nigeria that tracks public projects from inception to audit, the paper finds evidence of a clear trade-off between political oversight and bureaucratic autonomy. Using an instrumental variables strategy in which early career choices of politicians are key determinants of legislative committee membership, the analysis finds that legislative influence increases the likelihood that a project is launched by 18 percent, but at the cost of reducing project quality by 15 percent and increasing the reported misuse of funds. The results highlight the fundamental tension between bureaucratic inaction and political corruption
    DOI: 10.1596/1813-9450-8554
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 46
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    The intensive margin in trade (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 67 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8625
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Fernandes, Ana M The Intensive Margin In Trade
    Keywords: Außenhandel ; Export ; Produktivität ; Vertrieb ; Vertriebskosten ; Wohlfahrtsanalyse ; Pareto-Optimum ; Entwicklungsländer ; Graue Literatur
    Abstract: Is the variation in bilateral trade flows across countries primarily due to differences in the number of exporting firms (the extensive margin) or in the average size of an exporter (the intensive margin)? And how does this affect the estimation and quantitative implications of the Melitz (2003) trade model? The benchmark Melitz model with Pareto-distributed firm productivity and fixed costs of exporting, predicts that, conditional on the fixed costs of exporting, all variation in exports across trading partners should occur on the extensive margin. This paper subjects this theoretical prediction to a reality check drawing upon the World Bank's Exporter Dynamics Database (EDD) which has firm-level exports from 50 developing countries to all destinations. Around 50 percent of the variation in exports across trading partners is shown to be along the intensive margin, contradicting the benchmark Melitz-Pareto model. The paper finds that moving from a Pareto to a lognormal distribution of firm productivity allows the Melitz model to successfully match the role of the intensive margin evident in the EDD. The paper then studies the implications of our findings for quantitative trade theory. Using likelihood methods and the EDD, a generalized Melitz model with a joint lognormal distribution for firm productivity, fixed costs and demand shifters is estimated, and exact hat algebra is used to quantify the counterfactual effects of a decline in trade costs on trade flows and welfare in the estimated model. Finally, these effects are compared to those that would be predicted by the Melitz-Pareto model, with the Pareto shape parameter chosen to match the average trade elasticity implied by the estimated Melitz-lognormal model. The paper shows that the effects on welfare turn out to be quite close to those in the standard Melitz-Pareto model even though the effects on trade flows remain different
    DOI: 10.1596/1813-9450-8625
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  • 47
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    How would cross-border electricity trade stimulate hydropower development in South Asia? (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 39 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8513
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Timilsina, Govinda R How Would Cross-Border Electricity Trade Stimulate Hydropower Development in South Asia?
    Keywords: Graue Literatur
    Abstract: This study examines the importance of enhancing the cross-border transmission interconnections and regional electricity trade to promote hydropower in the South Asia region and quantifies the potential of hydropower development and trade under alternative scenarios. While South Asia is endowed with large (〉 350 gigawatts) hydropower potential, only around 20 percent has been exploited so far. This study shows that development of regional electricity markets through expanded cross-border transmission interconnections and regional electricity trade agreements is needed to benefit the region from the exploitation of the untapped hydropower resources. It also finds that development of hydropower in the region would increase by 2.7 times over the next two decades if the region could facilitate an unconstrained flow of electricity across the borders in South Asia. If a moderate carbon tax is added on top of that, hydropower capacity in 2040 could be more than three times as high as the current level
    DOI: 10.1596/1813-9450-8513
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  • 48
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    Assessing the international comovement of equity returns (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 41 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8516
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Abate, Girum Dagnachew Assessing the International Comovement of Equity Returns
    Keywords: Graue Literatur
    Abstract: The international comovement of equity returns has been viewed as reflecting either pervasive common shocks or local linkages between countries. This paper brings these perspectives together by assessing the comovement of equity returns in a dynamic model that allows for both common factors and spatial dependence, using quarterly data for 40 advanced and emerging countries over the past two decades, and including GDP growth, the real interest rate, and credit as fundamental variables. Estimation results employing a bias-corrected quasi-maximum likelihood approach provide strong indication that the cross-country dependence of equity returns results from both spatial effects and common shocks captured by a latent common factor-weak and strong dependence, respectively. The factor exhibits a robust negative correlation with market measures of aggregate risk. Countries' exposure to the common factor rises with their extent of trade openness and the degree of rigidity of their exchange rate regime. Despite its simplicity, the empirical model fits the data well. All these results are robust to the use of alternative spatial weight matrices. The paper also shows that ignoring cross-country dependence leads to distorted parameter estimates and a marked deterioration of the explanatory power of the empirical model
    DOI: 10.1596/1813-9450-8516
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  • 49
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    Not(ch) your average tax system : corporate taxation under weak enforcement (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 59 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8524
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Bachas, Pierre Not(ch) Your Average Tax System: Corporate Taxation under Weak Enforcement
    Keywords: Graue Literatur
    Abstract: How should developing countries tax corporate income? This paper studies this question in Costa Rica, where firms face discontinuously higher average tax rates on profits when their revenue marginally increases. The paper combines a discontinuity and a bunching design to estimate the profit elasticity and separate it into revenue and cost elasticities. Faced with higher tax rates, firms slightly reduce revenue but considerably increase costs, generating a large elasticity of profits. In this context, the revenue maximizing rate for profit taxation is below 25 percent and broadening the tax base while lowering the rate can increase revenue for these firms by 80 percent
    DOI: 10.1596/1813-9450-8524
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  • 50
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    Productivity shocks and repayment behavior in rural credit markets : a framed field experiment (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 47 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8528
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Adjognon, Guigonan Serge Productivity Shocks and Repayment Behavior in Rural Credit Markets: A Framed Field Experiment
    Keywords: Agrarproduktion ; Graue Literatur
    Abstract: Improving rural credit markets requires a good understanding of the root causes of market failures and taking necessary steps to address them. This paper investigates the role of productivity shocks in borrowers' repayment choices. Using a framed field experiment that simulated a repeated interaction in an input credit market, the analysis finds strong evidence that negative productivity shocks lead to higher default, even when they do not induce negative returns. This relationship is robust to the presence of an information exchange system enforcing dynamic incentives. The findings suggest that recurrent agricultural production shocks resulting from the negative effects of climate change could exacerbate failures in rural credit markets, undermining hard-won progress toward rural financial inclusion
    DOI: 10.1596/1813-9450-8528
    URL: Volltext  (Deutschlandweit zugänglich)
    URL: Deutschlandweit zugänglich
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  • 51
    Online Resource
    Online Resource
    Growth, inequality, and poverty : a robust relationship? (2018)
    Washington, D.C. : World Bank Group, Development Economics, Development Research Group
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 42 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8578
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Marrero, Gustavo A Growth, Inequality, and Poverty: A Robust Relationship?
    Keywords: Graue Literatur
    Abstract: An extensive literature on poverty traps suggests that high levels of poverty deter growth. However, a seemingly basic implication of the underlying theoretical models, namely that countries suffering from higher levels of poverty should grow less rapidly, has remained untested. A parallel literature has suggested a variety of mechanisms through which inequality may affect growth in opposing directions. Because inequality and poverty are different aspects of the income distribution, inequality can also affect growth through poverty, an indirect channel that has not been explicitly analyzed. This paper contributes to fill both gaps. Using a large cross-country panel data set, it estimates a reduced-form growth equation adding both inequality and poverty to an otherwise standard set of growth determinants. Given inequality, the correlation of growth with poverty is consistently negative. In contrast, given poverty, the correlation of growth with inequality can be positive or negative, depending on the empirical specification and econometric approach used. Yet, the indirect effect of inequality on growth through its correlation with poverty is robustly negative. Closer inspection shows that these results are driven by the sample observations featuring high (but not extremely high) poverty rates. These empirical findings are consistent with the predictions from an analytical framework with learning-by-doing and knowledge spillovers, in which consumers cannot save and invest if their initial endowment is below a minimum consumption level
    DOI: 10.1596/1813-9450-8578
    URL: Volltext  (Deutschlandweit zugänglich)
    URL: Deutschlandweit zugänglich
    Library Location Call Number Volume/Issue/Year Availability
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    Online Resource
    MPI Ethno. Forsch.
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