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  • MPI Ethno. Forsch.  (26)
  • BVB
  • Washington, D.C : The World Bank  (26)
  • Economics
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  • MPI Ethno. Forsch.  (26)
  • BVB
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  • 1
    ISBN: 9781464806131
    Sprache: Spanisch
    Seiten: Online-Ressource (1 online resource (162 p.))
    Ausgabe: Online-Ausg.
    Serie: World Bank Studies
    Serie: World Bank E-Library Archive
    Paralleltitel: Druckausg.
    Schlagwort(e): Economics ; Extractive Industry ; Extractives ; Governance ; Minerals ; Mining
    Kurzfassung: El sector de las industrias extractivas (IE) ocupa un lugar considerable en las economias de muchos paises en desarrollo. Los economistas y los profesionales de las finanzas publicas que trabajan en estos paises suelen enfrentarse a problemas que exigen un entendimiento profundo del sector, su economia, su buen gobierno y los desafios en materia de politicas, asi como a las consecuencias de la abundancia de recursos naturales para la gestion fiscal y de las finanzas publicas. El objetivo del estudio de tres volumenes denominado Essentials for Economists and Public Finance Professionals, publicado en la serie de estudios realizados por el Banco Mundial, es presentar un panorama general conciso de los temas relacionados con las IE que estos profesionales probablemente deban encarar. En el primer volumen, "The Extractive Industries Sector", se ofrece una resena general de las cuestiones fundamentales para la economia de las IE; se analizan los componentes principales del buen gobierno, las politicas y los marcos institucionales del sector, y se identifican las obligaciones de financiamiento del sector publico relacionadas con las IE. El analisis de la economia de las IE abarca la valuacion de los activos subterraneos, la interpretacion economica del mineral y la estructura de los mercados de la energia y los minerales. En este volumen se determinan las responsabilidades de las entidades gubernamentales correspondientes y se describen las caracteristicas de los marcos juridicos y normativos del sector de las IE. Se analizan brevemente las funciones clave y especificas del sector, ademas de las estructuras financieras que sustentan las salvaguardas ambientales y sociales; la inversion de los ingresos publicos provenientes del petroleo, el gas o los minerales, asi como la diversificacion economica basada en las industrias extractivas. Los autores esperan que este volumen resulte de utilidad a los economistas y los profesionales de las finanzas publicas que trabajan en paises ricos en recursos (incluidos los encargados de la toma de decisiones en ministerios de finanzas, organizaciones internacionales y otras entidades relevantes) para la comprension y el analisis del sector de las IE
    Anmerkung: Description based on print version record
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 2
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (30 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Buckley, Robert M Is Accra A Superstar City?
    Schlagwort(e): Adverse Effects ; Banks and Banking Reform ; Communities & Human Settlements ; Development Economics ; Economic Theory and Research ; Economics ; Elasticity ; Equations ; Gross Domestic Product ; Housing and Human Habitats ; Income ; Income Groups ; Inflation Rate ; Macroeconomics and Economic Growth ; Markets and Market Access ; Public Sector Management and Reform ; Underestimates ; Adverse Effects ; Banks and Banking Reform ; Communities & Human Settlements ; Development Economics ; Economic Theory and Research ; Economics ; Elasticity ; Equations ; Gross Domestic Product ; Housing and Human Habitats ; Income ; Income Groups ; Inflation Rate ; Macroeconomics and Economic Growth ; Markets and Market Access ; Public Sector Management and Reform ; Underestimates ; Adverse Effects ; Banks and Banking Reform ; Communities & Human Settlements ; Development Economics ; Economic Theory and Research ; Economics ; Elasticity ; Equations ; Gross Domestic Product ; Housing and Human Habitats ; Income ; Income Groups ; Inflation Rate ; Macroeconomics and Economic Growth ; Markets and Market Access ; Public Sector Management and Reform ; Underestimates
    Kurzfassung: A recent study of house price behavior in U.S. cities by Gyourko, Mayer, and Sinai (2006) raises questions about so-called superstar cities in which housing is so inelastically supplied that it becomes unaffordable, as higher-income families outbid residents. We consider the case of Accra, Ghana, in this light, estimating the elasticity of housing supply and discussing the implications for growth and income distribution. There is not a great deal of data available to examine trends in Accra, so our method is indirect. First, we use a variant of the traditional monocentric city model to calculate the elasticity of Accra's housing supply relative to those of other similarly-sized African cities. This suggests that housing supply responsiveness is much higher elsewhere. This muted supply responsiveness is consistent with the observed higher housing prices. Second, we estimate a number of traditional housing demand equations and reduced form equations. Placing a number of restrictions on the equations allows us to infer Accra's housing supply elasticity. Taken together, our approaches suggest that lower-income families in Accra have such poor housing conditions because the market is extremely unresponsive to demand. Although the outcomes we have traced-high housing prices and low quality-are not unusual relative to the other developed country superstar cities, they are extreme. The welfare costs are considerable, so much so that in addition to direct housing market effects, these policies also appear to have potentially significant implications for the achievement of more equitable growth
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  • 3
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (27 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Hoff, Karla Joseph E. Stiglitz
    Schlagwort(e): Adverse Selection ; Debt Markets ; Development Economics ; Economic Theory ; Economic Theory and Research ; Economics ; Efficient Outcomes ; Finance and Financial Sector Development ; Financial Intermediation ; Imperfect Information ; Incentive Problems ; Innovation ; Labor Policies ; Macroeconomics and Economic Growth ; Market Economy ; Markets and Market Access ; Perfect Information ; Social Protections and Labor ; Adverse Selection ; Debt Markets ; Development Economics ; Economic Theory ; Economic Theory and Research ; Economics ; Efficient Outcomes ; Finance and Financial Sector Development ; Financial Intermediation ; Imperfect Information ; Incentive Problems ; Innovation ; Labor Policies ; Macroeconomics and Economic Growth ; Market Economy ; Markets and Market Access ; Perfect Information ; Social Protections and Labor ; Adverse Selection ; Debt Markets ; Development Economics ; Economic Theory ; Economic Theory and Research ; Economics ; Efficient Outcomes ; Finance and Financial Sector Development ; Financial Intermediation ; Imperfect Information ; Incentive Problems ; Innovation ; Labor Policies ; Macroeconomics and Economic Growth ; Market Economy ; Markets and Market Access ; Perfect Information ; Social Protections and Labor
    Kurzfassung: Joseph E. Stiglitz, 2001 Nobel Laureate in Economics, helped create the theory of markets with asymmetric information and was one of the founders of modern development economics. He played a leading role in an intellectual revolution that changed the characterization of a market economy. In the new paradigm, the price system only imperfectly solves the information problem of scarcity because of the many other information problems that arise in the economy: the selection over hidden characteristics, the provision of incentives for hidden behaviors and for innovation, and the coordination of choices over institutions
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  • 4
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (40 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Dinar, Ariel Factors Affecting Levels of International Cooperation In Carbon Abatement Projects
    Schlagwort(e): Abatement ; C ; Carbon ; Carbon dioxide ; Clean development mechanism ; Climate change ; Debt Markets ; Economic Theory and Research ; Economic development ; Economics ; Emerging Markets ; Emission reductions ; Emissions ; Energy ; Energy Production and Transportation ; Energy and Environment ; Environment ; Environment and Energy Efficiency ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Information and Communication Technologies ; Macroeconomics and Economic Growth ; Private Sector Development ; Sustainable development ; Abatement ; C ; Carbon ; Carbon dioxide ; Clean development mechanism ; Climate change ; Debt Markets ; Economic Theory and Research ; Economic development ; Economics ; Emerging Markets ; Emission reductions ; Emissions ; Energy ; Energy Production and Transportation ; Energy and Environment ; Environment ; Environment and Energy Efficiency ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Information and Communication Technologies ; Macroeconomics and Economic Growth ; Private Sector Development ; Sustainable development ; Abatement ; C ; Carbon ; Carbon dioxide ; Clean development mechanism ; Climate change ; Debt Markets ; Economic Theory and Research ; Economic development ; Economics ; Emerging Markets ; Emission reductions ; Emissions ; Energy ; Energy Production and Transportation ; Energy and Environment ; Environment ; Environment and Energy Efficiency ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Information and Communication Technologies ; Macroeconomics and Economic Growth ; Private Sector Development ; Sustainable development
    Kurzfassung: The Clean Development Mechanism, a provision of The Kyoto Protocol, allows countries that have pledged to reduce their greenhouse gas emissions to gain credit toward their treaty obligations by investing in projects located in developing (host) countries. Such projects are expected to benefit both parties by providing low-cost abatement opportunities for the investor-country, while facilitating capital and technology flows to the host country. This paper analyzes the Clean Development Mechanism market, emphasizing the cooperation aspects between host and investor countries. The analysis uses a dichotomous (yes/no) variable and three continuous variants to measure the level of cooperation, namely the number of joint projects, the volume of carbon dioxide abatement, and the volume of investment in the projects. The results suggest that economic development, institutional development, the energy structure of the economies, the level of country vulnerability to various climate change effects, and the state of international relations between the host and investor countries are good predictors of the level of cooperation in Clean Development Mechanism projects. The main policy conclusions include the importance of simplifying the project regulation/clearance cycle; improving the governance structure host and investor countries; and strengthening trade or other long-term economic activities that engage the countries
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  • 5
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (54 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Domeland, Dorte Trade And Human Capital Accumulation
    Schlagwort(e): Capital Accumulation ; Comparative Advantage ; Cost ; Country Strategy and Performance ; Debt Markets ; Demand ; Economic Growth ; Economic Theory and Research ; Economics ; Education ; Educational Sciences ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; Free Trade ; GDP ; Gross Domestic Product ; Health, Nutrition and Population ; Home Country ; Human Capital ; International ; Labor Markets ; Macroeconomics and Economic Growth ; Political Economy ; Population Policies ; Poverty Reduction ; Private Sector Development ; Social Protections and Labor ; Capital Accumulation ; Comparative Advantage ; Cost ; Country Strategy and Performance ; Debt Markets ; Demand ; Economic Growth ; Economic Theory and Research ; Economics ; Education ; Educational Sciences ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; Free Trade ; GDP ; Gross Domestic Product ; Health, Nutrition and Population ; Home Country ; Human Capital ; International ; Labor Markets ; Macroeconomics and Economic Growth ; Political Economy ; Population Policies ; Poverty Reduction ; Private Sector Development ; Social Protections and Labor ; Capital Accumulation ; Comparative Advantage ; Cost ; Country Strategy and Performance ; Debt Markets ; Demand ; Economic Growth ; Economic Theory and Research ; Economics ; Education ; Educational Sciences ; Emerging Markets ; Finance and Financial Sector Development ; Financial Literacy ; Free Trade ; GDP ; Gross Domestic Product ; Health, Nutrition and Population ; Home Country ; Human Capital ; International ; Labor Markets ; Macroeconomics and Economic Growth ; Political Economy ; Population Policies ; Poverty Reduction ; Private Sector Development ; Social Protections and Labor
    Kurzfassung: This study provides empirical evidence that trade increases on-the-job human capital accumulation by estimating the effect of home country openness on estimated returns to home country experience of U.S. immigrants. The positive effect of trade on on-the-job human capital accumulation remains significant when controlling for GDP, educational attainment, and institutional quality. It is not the result of self-selection, heterogeneity in returns to experience, English-speaking origin, or cultural background. The effect persists when restricting the sample to non-OECD countries, thereby resolving the theoretical ambiguity of whether trade increases or decreases learning-by-doing. The role of trade in generating economic growth is therefore likely to be more important than generally considered
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  • 6
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (47 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Ural, Beyza P Indian Manufacturing
    RVK:
    RVK:
    Schlagwort(e): Debt Markets ; Economic Theory and Research ; Economic growth ; Economics ; Employment ; Finance and Financial Sector Development ; Flexible labor markets ; Labor Markets ; Labor Policies ; Labor market ; Labor market flexibility ; Labor mobility ; Labor productivity ; Macroeconomics and Economic Growth ; Markets and Market Access ; Productivity ; Social Protections and Labor ; Trade liberalization ; Debt Markets ; Economic Theory and Research ; Economic growth ; Economics ; Employment ; Finance and Financial Sector Development ; Flexible labor markets ; Labor Markets ; Labor Policies ; Labor market ; Labor market flexibility ; Labor mobility ; Labor productivity ; Macroeconomics and Economic Growth ; Markets and Market Access ; Productivity ; Social Protections and Labor ; Trade liberalization ; Debt Markets ; Economic Theory and Research ; Economic growth ; Economics ; Employment ; Finance and Financial Sector Development ; Flexible labor markets ; Labor Markets ; Labor Policies ; Labor market ; Labor market flexibility ; Labor mobility ; Labor productivity ; Macroeconomics and Economic Growth ; Markets and Market Access ; Productivity ; Social Protections and Labor ; Trade liberalization
    Kurzfassung: This paper investigates the determinants of productivity in Indian manufacturing industries during the period 1988-2000. Using two-digit industry level data for the Indian states, we find evidence of imperfect interindustry and interstate labor mobility as well as misallocation of resources across industries and states. Trade liberalization increases productivity in all industries across all states, and productivity is higher in the less protected industries. These effects of protection and trade liberalization are more pronounced in states that have relatively more flexible labor markets. Similar effects are also found in the case of employment, capital stock and investment. Furthermore, labor market flexibility, independent of other policies, has a positive effect on productivity. Importantly, per capita state development expenditure seems to be the strongest and the most robust predictor of productivity, employment, capital stock and investment. Industrial delicensing increases both labor productivity and employment but only in the states with flexible labor market institutions. Even after controlling for delicensing, the analysis shows that trade liberalization has a productivity-enhancing effect. Finally, trade liberalization benefits most the export-oriented industries located in states with flexible labor-market institutions
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  • 7
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (44 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Carletto, Calogero Non-Traditional Crops, Traditional Constraints
    Schlagwort(e): Agricultural production ; Agriculture ; Crops ; Debt Markets ; Economic Theory and Research ; Economics ; Farmers ; Finance and Financial Sector Development ; Food production ; Incomes ; Macroeconomics and Economic Growth ; Marketing ; Markets and Market Access ; Nutrition ; Poverty Reduction ; Poverty alleviation ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Poverty Reduction ; Agricultural production ; Agriculture ; Crops ; Debt Markets ; Economic Theory and Research ; Economics ; Farmers ; Finance and Financial Sector Development ; Food production ; Incomes ; Macroeconomics and Economic Growth ; Marketing ; Markets and Market Access ; Nutrition ; Poverty Reduction ; Poverty alleviation ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Poverty Reduction ; Agricultural production ; Agriculture ; Crops ; Debt Markets ; Economic Theory and Research ; Economics ; Farmers ; Finance and Financial Sector Development ; Food production ; Incomes ; Macroeconomics and Economic Growth ; Marketing ; Markets and Market Access ; Nutrition ; Poverty Reduction ; Poverty alleviation ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Poverty Reduction
    Kurzfassung: This paper uses a duration analysis based on adoption data spanning more than 25 years from six communities in the Central Highlands of Guatemala. The analysis explores how household characteristics and external trends play into both the adoption and diffusion processes of non-traditional exports among smallholders. Adoption was initially widespread and rapid, which led nontraditional exports to be hailed as a pro-poor success, reaching all but the smallest landholders. However, over time more than two-thirds of adopters eventually dropped out of production of nontraditional exports. Based on the analysis, production of nontraditional exports appears to have delivered less prosperity to adopters than initially promised. Although smallholders may be enticed into entering into nontraditional exports markets when conditions are favorable, they may lack the capacity to overcome the difficulties that inevitably arise in complex types of cultivations and in highly variable global agricultural markets. Governmental and non-governmental organizations can attempt to mitigate these difficulties, but market forces may overwhelm their efforts, with some adopters still unable to compete in global markets
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  • 8
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (39 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Iimi, Atsushi Infrastructure And Trade Preferences For The Livestock Sector
    Schlagwort(e): Agriculture ; Agriculture ; Competitiveness ; Cred Demand ; Culture ; Debt Markets ; Development ; Economic Theory and Research ; Economics ; Emerging Markets ; Equations ; Exchange ; Finance and Financial Sector Development ; Free Trade ; GDP ; Income ; International Economics & Trade ; International Trade ; Livestock and Animal Husbandry ; Macroeconomics and Economic Growth ; Markets ; Markets and Market Access ; Middle Income Countries ; Prices ; Private Sector Development ; Public Sector Development ; Trade Policy ; Transport ; Transport Economics, Policy and Planning ; Agriculture ; Agriculture ; Competitiveness ; Cred Demand ; Culture ; Debt Markets ; Development ; Economic Theory and Research ; Economics ; Emerging Markets ; Equations ; Exchange ; Finance and Financial Sector Development ; Free Trade ; GDP ; Income ; International Economics & Trade ; International Trade ; Livestock and Animal Husbandry ; Macroeconomics and Economic Growth ; Markets ; Markets and Market Access ; Middle Income Countries ; Prices ; Private Sector Development ; Public Sector Development ; Trade Policy ; Transport ; Transport Economics, Policy and Planning ; Agriculture ; Agriculture ; Competitiveness ; Cred Demand ; Culture ; Debt Markets ; Development ; Economic Theory and Research ; Economics ; Emerging Markets ; Equations ; Exchange ; Finance and Financial Sector Development ; Free Trade ; GDP ; Income ; International Economics & Trade ; International Trade ; Livestock and Animal Husbandry ; Macroeconomics and Economic Growth ; Markets ; Markets and Market Access ; Middle Income Countries ; Prices ; Private Sector Development ; Public Sector Development ; Trade Policy ; Transport ; Transport Economics, Policy and Planning
    Kurzfassung: Trade preferences are expected to facilitate global market integration and offer the potential for rapid economic growth and poverty reduction for developing countries. But those preferences do not always guarantee sustainable external competitiveness to beneficiary countries and may risk discouraging their efforts to improve underlying productivity. This paper examines the EU beef import market where several African countries have been granted preferential treatment. The estimation results suggest that profitability improvement achieved by countries under the Cotonou protocol compares unfavorably with the returns to nonbeneficiary countries in recent years. Rather, it shows that public infrastructure, such as paved roads, has an important role in lowering production costs and thus increasing external competitiveness and market shares
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  • 9
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (34 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Lokshin, Michael Measuring Welfare Gains From Better Quality Infrastructure
    Schlagwort(e): Air Pollution ; Communities & Human Settlements ; Compensating Variation ; Consumption ; Consumption Patterns ; Demand ; Drinking Water ; Economic Theory and Research ; Economics ; Energy ; Energy Production and Transportation ; Environment ; Environmental Economics and Policies ; Equivalent Variation ; Finance and Financial Sector Development ; Financial Literacy ; Income ; Industry ; Information ; Invest ; Investment ; Macroeconomics and Economic Growth ; Markets and Market Access ; Town Water Supply and Sanitation ; Water Resources ; Water Supply and Sanitation ; Water and Industry ; Air Pollution ; Communities & Human Settlements ; Compensating Variation ; Consumption ; Consumption Patterns ; Demand ; Drinking Water ; Economic Theory and Research ; Economics ; Energy ; Energy Production and Transportation ; Environment ; Environmental Economics and Policies ; Equivalent Variation ; Finance and Financial Sector Development ; Financial Literacy ; Income ; Industry ; Information ; Invest ; Investment ; Macroeconomics and Economic Growth ; Markets and Market Access ; Town Water Supply and Sanitation ; Water Resources ; Water Supply and Sanitation ; Water and Industry ; Air Pollution ; Communities & Human Settlements ; Compensating Variation ; Consumption ; Consumption Patterns ; Demand ; Drinking Water ; Economic Theory and Research ; Economics ; Energy ; Energy Production and Transportation ; Environment ; Environmental Economics and Policies ; Equivalent Variation ; Finance and Financial Sector Development ; Financial Literacy ; Income ; Industry ; Information ; Invest ; Investment ; Macroeconomics and Economic Growth ; Markets and Market Access ; Town Water Supply and Sanitation ; Water Resources ; Water Supply and Sanitation ; Water and Industry
    Kurzfassung: Projects and reforms targeting infrastructure services can affect consumer welfare through changes in the price, coverage, or quality of the services provided. The benefits of improved service quality-while significant-are often overlooked because they are difficult to quantify. This paper reviews methods of evaluating the welfare implications of changes in the quality of infrastructure services within the broader theoretical perspective of welfare measurement. The study outlines the theoretical assumptions and data requirements involved, illustrating each method with examples that highlight common methodological features and differences. The paper also presents the theoretical underpinnings and potential applications of a new approach to analyzing the effects of interruptions in the supply of infrastructure services on household welfare
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  • 10
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (54 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Lecocq, Franck How Might Climate Change Affect Economic Growth In Developing Countries ?
    Schlagwort(e): Climate Change ; Climate Change ; Economic Growth ; Economic Growth ; Economic Theory and Research ; Economic development ; Economics ; Emissions ; Environment ; Environmental Economics and Policies ; Equilibrium ; Forestry ; Greenhouse gases ; Macroeconomics and Economic Growth ; Poverty Reduction ; Pro-Poor Growth ; Resource allocation ; Returns to scale ; Climate Change ; Climate Change ; Economic Growth ; Economic Growth ; Economic Theory and Research ; Economic development ; Economics ; Emissions ; Environment ; Environmental Economics and Policies ; Equilibrium ; Forestry ; Greenhouse gases ; Macroeconomics and Economic Growth ; Poverty Reduction ; Pro-Poor Growth ; Resource allocation ; Returns to scale ; Climate Change ; Climate Change ; Economic Growth ; Economic Growth ; Economic Theory and Research ; Economic development ; Economics ; Emissions ; Environment ; Environmental Economics and Policies ; Equilibrium ; Forestry ; Greenhouse gases ; Macroeconomics and Economic Growth ; Poverty Reduction ; Pro-Poor Growth ; Resource allocation ; Returns to scale
    Kurzfassung: This paper reviews the empirical and theoretical literature on economic growth to examine how the four components of the climate change bill, namely mitigation, proactive (ex ante) adaptation, reactive (ex post) adaptation, and ultimate damages of climate change affect growth, especially in developing countries. The authors consider successively the Cass-Koopmans growth model and three major strands of the subsequent literature on growth: with multiple sectors, with rigidities, and with increasing returns. The paper finds that although the growth literature rarely addresses climate change per se, some issues discussed in the growth literature are directly relevant for climate change analysis. Notably, destruction of production factors, or decrease in factor productivity may strongly affect long-run equilibrium growth even in one-sector neoclassical growth models; climatic shocks have had large impacts on growth in developing countries because of rigidities; and the introducing increasing returns has a major impact on growth dynamics, in particular through induced technical change, poverty traps, or lock-ins. Among the most important gaps identified in the literature are lack of understanding of the channels by which shocks affect economic growth, lack of understanding of lock-ins, heavy reliance of numerical models assessing climate policies on neoclassical-type growth frameworks, and frequent use of an inappropriate "without climate change" counterfactual
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  • 11
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (50 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Alm, James Designing Economic Instruments For The Environment In A Decentralized Fiscal System
    Schlagwort(e): Economic Analysis ; Economic Instruments ; Economics ; Economists ; Emissions ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Problems ; Externalities ; Pollution ; Pollution Control ; Economic Analysis ; Economic Instruments ; Economics ; Economists ; Emissions ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Problems ; Externalities ; Pollution ; Pollution Control ; Economic Analysis ; Economic Instruments ; Economics ; Economists ; Emissions ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Problems ; Externalities ; Pollution ; Pollution Control
    Kurzfassung: When external effects are important, markets will be inefficient, and economists have considered several broad classes of economic instruments to correct these inefficiencies. However, the standard economic analysis has tended to neglect important distinctions and interactions between the geographic scope of pollutants, the enforcement authority of various levels of government, and the fiscal responsibilities of the levels of government. For example, externalities generated in a particular local area may be confined to the local area or may spill over to other jurisdictions. Also, local governments may be well informed about how best to regulate or enforce pollution control within their jurisdiction, but they may not consider the effects of their actions on other jurisdictions. Finally, the existence of locally-generated waste emissions affects the appropriate assignment of both expenditure and tax responsibilities among levels of government. The standard analysis therefore focuses mainly upon an aggregate (or national) perspective, it typically ignores the possibility that the externality may be created and addressed by local governments, and it does not consider the implications of decentralization for the design of economic instruments targeted at environmental problems. This paper examines the implications of decentralization for the design of corrective policies; that is, how does one design economic instruments in a decentralized fiscal system in which externalities exist at the local level and in which subnational governments have the power to provide local public services, as well as to choose tax instruments that can both finance these expenditures and correct the market failures of externalities?
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  • 12
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (45 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Rodriguez-Clare, Andres Innovation shortfalls
    Schlagwort(e): Allocation ; Debt Markets ; Discount rate ; E-Business ; Economic Theory and Research ; Economics ; Factors of production ; Finance and Financial Sector Development ; GDP ; Human capital ; International trade ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Political Economy ; Private Sector Development ; Productivity ; Specialization ; Stock of capital ; Allocation ; Debt Markets ; Discount rate ; E-Business ; Economic Theory and Research ; Economics ; Factors of production ; Finance and Financial Sector Development ; GDP ; Human capital ; International trade ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Political Economy ; Private Sector Development ; Productivity ; Specialization ; Stock of capital ; Allocation ; Debt Markets ; Discount rate ; E-Business ; Economic Theory and Research ; Economics ; Factors of production ; Finance and Financial Sector Development ; GDP ; Human capital ; International trade ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Political Economy ; Private Sector Development ; Productivity ; Specialization ; Stock of capital
    Kurzfassung: There is a common perception that low productivity or low growth is due to what can be called an "innovation shortfall," usually identified as a low rate of investment in research and development (R&D) when compared with some high innovation countries. The usual reaction to this perceived problem is to call for increases in R&D investment rates, usually specifying a target that can be as high as 3 percent of GDP. The problem with this analysis is that it fails to see that a low R&D investment rate may be appropriate given the economy's pattern of specialization, or may be just one manifestation of more general problems that impede accumulation of all kinds of capital. How can we know when a country suffers from an innovation shortfall above and beyond the ones that should be expected given the country's specialization and accumulation patterns? This is the question the authors tackle in this paper. First, they show a simple way to estimate the R&D gap that can be explained by a country's specialization pattern, illustrating it for the case of Chile. For this country they find that although its specialization in natural-resource-intensive sectors explains part of its R&D gap, a significant shortfall remains. Second, the authors show how a calibrated model can be used to determine the R&D gap that should be expected given a country's investment in physical and human capital. If the actual R&D gap is above this expected gap, then one can say that the country suffers from a true innovation shortfall
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  • 13
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (43 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Angelsen, Arild Forest Cover Change In Space And Time
    Schlagwort(e): Common Property Resource Development ; Conceptual Framework ; Deforestation ; Economic Development ; Economic Theory and Research ; Economics ; Empirical Evidence ; Environment ; Environment ; Environmental Economics and Policies ; Equilibrium ; Forest Management ; Forestry ; Forestry ; Forests and Forestry ; Labor ; Land ; Land Use ; Macroeconomics and Economic Growth ; Rural Development ; Rural Development Knowledge and Information Systems ; Common Property Resource Development ; Conceptual Framework ; Deforestation ; Economic Development ; Economic Theory and Research ; Economics ; Empirical Evidence ; Environment ; Environment ; Environmental Economics and Policies ; Equilibrium ; Forest Management ; Forestry ; Forestry ; Forests and Forestry ; Labor ; Land ; Land Use ; Macroeconomics and Economic Growth ; Rural Development ; Rural Development Knowledge and Information Systems ; Common Property Resource Development ; Conceptual Framework ; Deforestation ; Economic Development ; Economic Theory and Research ; Economics ; Empirical Evidence ; Environment ; Environment ; Environmental Economics and Policies ; Equilibrium ; Forest Management ; Forestry ; Forestry ; Forests and Forestry ; Labor ; Land ; Land Use ; Macroeconomics and Economic Growth ; Rural Development ; Rural Development Knowledge and Information Systems
    Kurzfassung: This paper presents a framework for analyzing tropical deforestation and reforestation using the von Thunen model as its starting point: land is allocated to the use which yields the highest rent, and the rents of various land uses are determined by location. Forest cover change therefore becomes a question of changes in rent of forest versus non-forest use. While this is a simple and powerful starting point, more intriguing issues arise when this is applied to analyze real cases. An initial shift in the rent of one particular land use generates feedbacks which affect the rent of all land uses. For example, a new technology in extensive agriculture should make this land use more profitable and lead to more forest clearing, but general equilibrium effects (changes in prices and local wages) can modify or even reverse this conclusion. Another issue is how a policy change or a shift in broader market, technological, and institutional forces will affect various land use rents. The paper deals with three such areas: technological progress in agriculture, land tenure regimes, and community forest management. The second part of the paper links the von Thunen framework to the forest transition theory. The forest transition theory describes a sequence over time where a forested region goes through a period of deforestation before the forest cover eventually stabilizes and starts to increase. This sequence can be seen as a systematic pattern of change in the agricultural and forest land rents over time. Increasing agricultural rent leads to high rates of deforestation. The slow-down of deforestation and eventual reforestation is due to lower agricultural rents (the economic development path) and higher forest rent (the forest scarcity path). Various forces leading to these changes are discussed and supported by empirical evidence from different tropical regions
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  • 14
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (32 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Larson, Donald F Will Markets Direct Investments Under The Kyoto Protocol ?
    Schlagwort(e): Climate Change ; Debt Markets ; Economic Theory and Research ; Economics ; Economies ; Emerging Markets ; Emissions ; Energy ; Energy Production ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Financial Literacy ; Greenhouse Effect ; Greenhouse Gases ; Incentives ; Information ; Interest ; International Economics & Trade ; Investment ; Investment and Investment Climate ; Investments ; Joint Implementation ; Macroeconomics and Economic Growth ; Non Bank Financial Institutions ; Private Sector Development ; Climate Change ; Debt Markets ; Economic Theory and Research ; Economics ; Economies ; Emerging Markets ; Emissions ; Energy ; Energy Production ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Financial Literacy ; Greenhouse Effect ; Greenhouse Gases ; Incentives ; Information ; Interest ; International Economics & Trade ; Investment ; Investment and Investment Climate ; Investments ; Joint Implementation ; Macroeconomics and Economic Growth ; Non Bank Financial Institutions ; Private Sector Development ; Climate Change ; Debt Markets ; Economic Theory and Research ; Economics ; Economies ; Emerging Markets ; Emissions ; Energy ; Energy Production ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Financial Literacy ; Greenhouse Effect ; Greenhouse Gases ; Incentives ; Information ; Interest ; International Economics & Trade ; Investment ; Investment and Investment Climate ; Investments ; Joint Implementation ; Macroeconomics and Economic Growth ; Non Bank Financial Institutions ; Private Sector Development
    Kurzfassung: Under the Kyoto Protocol, countries can meet treaty obligations by investing in projects that reduce or sequester greenhouse gases elsewhere. Prior to ratification, treaty participants agreed to launch country-based pilot projects, referred to collectively as Activities Implemented Jointly (AIJ), to test novel aspects of the project-related provisions. Relying on a 10-year history of projects, the authors investigate the determinants of AIJ investment. Their findings suggest that national political objectives and possibly deeper cultural ties influenced project selection. This characterization differs from the market-based assumptions that underlie well-known estimates of cost-savings related to the Protocol's flexibility mechanisms. The authors conclude that if approaches developed under the AIJ programs to approve projects are retained, benefits from Kyoto's flexibility provisions will be less than those widely anticipated
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  • 15
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (30 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Parrachino, Irene Cooperative Game Theory and its Application to Natural, Environmental, and Water Resource Issues
    Schlagwort(e): Kooperatives Spiel ; Umweltökonomik ; Theorie ; Economic Theory and Research ; Economics ; Efficiency ; Environment ; Environment ; Environmental ; Environmental Amenities ; Environmental Economics and Policies ; Environmental Issues ; Environmental Problems ; Environmental Resources ; Equity ; Expectations ; Labor Policies ; Macroeconomics and Economic Growth ; Models ; Social Protections and Labor ; Economic Theory and Research ; Economics ; Efficiency ; Environment ; Environment ; Environmental ; Environmental Amenities ; Environmental Economics and Policies ; Environmental Issues ; Environmental Problems ; Environmental Resources ; Equity ; Expectations ; Labor Policies ; Macroeconomics and Economic Growth ; Models ; Social Protections and Labor ; Economic Theory and Research ; Economics ; Efficiency ; Environment ; Environment ; Environmental ; Environmental Amenities ; Environmental Economics and Policies ; Environmental Issues ; Environmental Problems ; Environmental Resources ; Equity ; Expectations ; Labor Policies ; Macroeconomics and Economic Growth ; Models ; Social Protections and Labor
    Kurzfassung: Game theory provides useful insights into the way parties that share a scarce resource may plan their use of the resource under different situations. This review provides a brief and self-contained introduction to the theory of cooperative games. It can be used to get acquainted with the basics of cooperative games. Its goal is also to provide a basic introduction to this theory, in connection with a couple of surveys that analyze its use in the context of environmental problems and models. The main models (bargaining games, transfer utility, and non-transfer utility games) and issues and solutions are considered: bargaining solutions, single-value solutions like the Shapley value and the nucleolus, and multi-value solutions such as the core. The cooperative game theory (CGT) models that are reviewed in this paper favor solutions that include all possible players and ignore the strategic stages leading to coalition building. They focus on the possible results of the cooperation by answering questions such as: Which coalitions can be formed? And how can the coalitional gains be divided to secure a sustainable agreement? An important aspect associated with the solution concepts of CGT is the equitable and fair sharing of the cooperation gains
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  • 16
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (83 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Zara, Stefano Cooperative Game Theory and its Application to Natural, Environmental, and Water Resource Issues
    Schlagwort(e): Acid Rain ; Agriculture ; Biological Models ; Common Property Resource Development ; Debt Markets ; Economic Theory and Research ; Economics ; Environment ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Issues ; Environmental Problems ; Environmental Resources ; Externalities ; Finance and Financial Sector Development ; Fisheries ; Fisheries and Aquaculture ; Forest Management ; Labor Policies ; Macroeconomics and Economic Growth ; Oceans ; Rural Development ; Social Protections and Labor ; Water Resources ; Acid Rain ; Agriculture ; Biological Models ; Common Property Resource Development ; Debt Markets ; Economic Theory and Research ; Economics ; Environment ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Issues ; Environmental Problems ; Environmental Resources ; Externalities ; Finance and Financial Sector Development ; Fisheries ; Fisheries and Aquaculture ; Forest Management ; Labor Policies ; Macroeconomics and Economic Growth ; Oceans ; Rural Development ; Social Protections and Labor ; Water Resources ; Acid Rain ; Agriculture ; Biological Models ; Common Property Resource Development ; Debt Markets ; Economic Theory and Research ; Economics ; Environment ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Issues ; Environmental Problems ; Environmental Resources ; Externalities ; Finance and Financial Sector Development ; Fisheries ; Fisheries and Aquaculture ; Forest Management ; Labor Policies ; Macroeconomics and Economic Growth ; Oceans ; Rural Development ; Social Protections and Labor ; Water Resources
    Kurzfassung: This paper provides a review of various applications of cooperative game theory (CGT) to issues of natural and environmental resources. With an increase in the level of competition over environmental and natural resources, the incidents of disputes have been at the center of allocation agreements. The paper reviews the cases of common pool resources such as fisheries and forests, and cases of environmental pollution such as acid rain, flow, and stock pollution. In addition to providing examples of cooperative solutions to allocation problems, the conclusion from this review suggests that cooperation over scarce environmental and natural resources is possible under a variety of physical conditions and institutional arrangements. CGT applications to international fishery disputes are especially useful in that they have been making headway in policy-related agreements among states and regions of the world. Forest applications are more local in nature, but of great relevance in solving disputes among communities and various levels of governments
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  • 17
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (35 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Anderson, Kym Reducing Distortions To Agricultural Incentives
    Schlagwort(e): Agribusiness ; Agriculture ; Agriculture ; Comparative Advantage ; Currencies and Exchange Rates ; Debt Markets ; Development ; Economic Theory and Research ; Economics ; Emerging Markets ; Exports ; Finance and Financial Sector Development ; Free Trade ; Human Capital ; Import Barriers ; Incentives ; Income ; International Economics & Trade ; Macroeconomics and Economic Growth ; Multilateral Trade ; Prices ; Private Sector Development ; Protectionism ; Public Sector Development ; Rural Development Knowledge and Information Systems ; Trade Policy ; Agribusiness ; Agriculture ; Agriculture ; Comparative Advantage ; Currencies and Exchange Rates ; Debt Markets ; Development ; Economic Theory and Research ; Economics ; Emerging Markets ; Exports ; Finance and Financial Sector Development ; Free Trade ; Human Capital ; Import Barriers ; Incentives ; Income ; International Economics & Trade ; Macroeconomics and Economic Growth ; Multilateral Trade ; Prices ; Private Sector Development ; Protectionism ; Public Sector Development ; Rural Development Knowledge and Information Systems ; Trade Policy ; Agribusiness ; Agriculture ; Agriculture ; Comparative Advantage ; Currencies and Exchange Rates ; Debt Markets ; Development ; Economic Theory and Research ; Economics ; Emerging Markets ; Exports ; Finance and Financial Sector Development ; Free Trade ; Human Capital ; Import Barriers ; Incentives ; Income ; International Economics & Trade ; Macroeconomics and Economic Growth ; Multilateral Trade ; Prices ; Private Sector Development ; Protectionism ; Public Sector Development ; Rural Development Knowledge and Information Systems ; Trade Policy
    Kurzfassung: Most of the world's poorest people depend on farming for their livelihood. Earnings from farming in low-income countries are depressed partly due to a pro-urban bias in own-country policies, and partly because richer countries (including some developing countries) favor their farmers with import barriers and subsidies. Both sets of policies reduce national and global economic growth and add to inequality and poverty in developing countries. Acknowledgement of that since the 1980s has given rise to greater pressures for reform, both internal and external. Over the past two decades numerous developing country governments have reduced their sectoral and trade policy distortions, while many high-income countries continue with protectionist policies that harm developing country exports of farm products. Recent research suggests that the agricultural protectionist policies of high-income countries reduce welfare in many developing countries. Most of those studies also suggest that full global liberalization of merchandise trade would raise value added in agriculture in developing country regions, and that much of the benefit from global reform would come not just from reform in high-income countries but also from liberalization among developing countries, including in many cases own-country reform. These findings raise three key questions that are addressed in this paper: To what extent have the reforms of the past two decades succeeded in reducing distortions to agricultural incentives? Do current policy distortions still discriminate against farmers in low-income countries? And what are the prospects for further reform in the next decade or so?
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  • 18
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (55 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Carraro, Carlo Advances In Negotiation Theory
    Schlagwort(e): Bargaining ; Bargaining Power ; Economic Theory and Research ; Economics ; Effects ; Efficiency ; Environment ; Environmental Economics and Policies ; Equity ; Externalities ; Finance ; Game Theory ; Incentives ; Information ; Labor Policies ; Macroeconomics and Economic Growth ; Management ; Multiple Equilibrian ; Social Protections and Labor ; Bargaining ; Bargaining Power ; Economic Theory and Research ; Economics ; Effects ; Efficiency ; Environment ; Environmental Economics and Policies ; Equity ; Externalities ; Finance ; Game Theory ; Incentives ; Information ; Labor Policies ; Macroeconomics and Economic Growth ; Management ; Multiple Equilibrian ; Social Protections and Labor ; Bargaining ; Bargaining Power ; Economic Theory and Research ; Economics ; Effects ; Efficiency ; Environment ; Environmental Economics and Policies ; Equity ; Externalities ; Finance ; Game Theory ; Incentives ; Information ; Labor Policies ; Macroeconomics and Economic Growth ; Management ; Multiple Equilibrian ; Social Protections and Labor
    Kurzfassung: Bargaining is ubiquitous in real life. It is a major dimension of political and business activities. It appears at the international level, when governments negotiate on matters ranging from economic issues (such as the removal of trade barriers), to global security (such as fighting against terrorism) to environmental and related issues (such as climate change control). What factors determine the outcomes of such negotiations? What strategies can help reach an agreement? How should the parties involved divide the gains from cooperation? With whom will one make alliances? The authors address these questions by focusing on a noncooperative approach to negotiations, which is particularly relevant for the study of international negotiations. By reviewing noncooperative bargaining theory, noncooperative coalition theory, and the theory of fair division, they try to identify the connections among these different facets of the same problem in an attempt to facilitate progress toward a unified framework
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  • 19
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (36 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Shleifer, Andrei The New Comparative Economics
    Schlagwort(e): Allocation ; Capital ; Capitalism ; Children and Youth ; Contract ; Debt Markets ; Democracy ; Dictatorship ; Economic Growth ; Economic Theory and Research ; Economics ; Efficiency ; Emerging Markets ; Finance and Financial Sector Development ; Gender ; Gender ; Institutional Economics ; Investment ; Labor Policies ; Law and Development ; Legal Products ; Macroeconomics and Economic Growth ; Market ; Market Economy ; Political Economy ; Private Sector Development ; Public Sector Corruption and Anticorruption Measures ; Social Protections and Labor ; Allocation ; Capital ; Capitalism ; Children and Youth ; Contract ; Debt Markets ; Democracy ; Dictatorship ; Economic Growth ; Economic Theory and Research ; Economics ; Efficiency ; Emerging Markets ; Finance and Financial Sector Development ; Gender ; Gender ; Institutional Economics ; Investment ; Labor Policies ; Law and Development ; Legal Products ; Macroeconomics and Economic Growth ; Market ; Market Economy ; Political Economy ; Private Sector Development ; Public Sector Corruption and Anticorruption Measures ; Social Protections and Labor ; Allocation ; Capital ; Capitalism ; Children and Youth ; Contract ; Debt Markets ; Democracy ; Dictatorship ; Economic Growth ; Economic Theory and Research ; Economics ; Efficiency ; Emerging Markets ; Finance and Financial Sector Development ; Gender ; Gender ; Institutional Economics ; Investment ; Labor Policies ; Law and Development ; Legal Products ; Macroeconomics and Economic Growth ; Market ; Market Economy ; Political Economy ; Private Sector Development ; Public Sector Corruption and Anticorruption Measures ; Social Protections and Labor
    Kurzfassung: In recent years, comparative economics experienced a revival, with a new focus on comparing capitalist economies. The theme of the new research is that institutions exert a profound influence on economic development. The authors argue that, to understand capitalist institutions, one needs to understand the basic tradeoff between the costs of disorder and those of dictatorship. They then apply this logic to study the structure of efficient institutions, the consequences of colonial transplantation, and the politics of institutional choice. This paper—a product of the Private Sector Advisory Department, Private Sector Development Vice Presidency—is part of a larger effort to understand institutional differences in the regulation of business
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  • 20
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (32 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Ravallion, Martin Land Allocation in Vietnam's Agrarian Transition
    Schlagwort(e): Allocation ; Climate Change ; Communities & Human Settlements ; Consumption ; Contract ; Cost ; Economics ; Efficiency ; Environment ; Forestry ; Historical Context ; Labor ; Land ; Land Use and Policies ; Macroeconomics and Economic Growth ; Market ; Market Economy ; Municipal Housing ; Political Economy ; Political Economy ; Poverty Reduction ; Price Variation ; Private Sector Development ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Land Policies for Poverty Reduction ; Urban Development ; Urban Housing ; Allocation ; Climate Change ; Communities & Human Settlements ; Consumption ; Contract ; Cost ; Economics ; Efficiency ; Environment ; Forestry ; Historical Context ; Labor ; Land ; Land Use and Policies ; Macroeconomics and Economic Growth ; Market ; Market Economy ; Municipal Housing ; Political Economy ; Political Economy ; Poverty Reduction ; Price Variation ; Private Sector Development ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Land Policies for Poverty Reduction ; Urban Development ; Urban Housing ; Allocation ; Climate Change ; Communities & Human Settlements ; Consumption ; Contract ; Cost ; Economics ; Efficiency ; Environment ; Forestry ; Historical Context ; Labor ; Land ; Land Use and Policies ; Macroeconomics and Economic Growth ; Market ; Market Economy ; Municipal Housing ; Political Economy ; Political Economy ; Poverty Reduction ; Price Variation ; Private Sector Development ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Land Policies for Poverty Reduction ; Urban Development ; Urban Housing
    Kurzfassung: While liberalizing key factor markets is a crucial step in the transition from a socialist control-economy to a market economy, the process can be stalled by imperfect information, high transaction costs, and covert resistance from entrenched interests. Ravallion and van de Walle study land-market adjustment in the wake of Vietnam's reforms aiming to establish a free market in land-use rights following de-collectivization. Inefficiencies in the initial administrative allocation are measured against an explicit counterfactual market solution. The authors' tests using a farm-household panel data set spanning the reforms suggest that land allocation responded positively but slowly to the inefficiencies of the administrative allocation. They find no sign that the transition favored the land rich or that it was thwarted by the continuing power over land held by local officials. This paper—a joint product of the Poverty Team and the Public Services Team, Development Research Group—is part of a larger effort in the group to understand the welfare impacts of major policy reforms
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  • 21
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (31 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Hoekman, Bernard Developing Country Agriculture and the New Trade Agenda
    Schlagwort(e): Agribusiness ; Agricultural Production ; Agricultural Protection ; Agriculture ; Competition ; Debt Markets ; Economic Development ; Economic Theory and Research ; Economics ; Emerging Markets ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Regulations ; Finance and Financial Sector Development ; Free Trade ; Income ; International Economics & Trade ; Investment ; Labor Policies ; Law and Development ; Macroeconomics and Economic Growth ; Markets ; Policies ; Private Sector Development ; Public Sector Development ; Quotas ; Resources ; Rural Communities ; Social Protections and Labor ; Standards ; Subsidies ; Tariffs ; Taxation ; Trade ; Trade Law ; Trade Policy ; Welfare Gains ; World Trade Organization ; Agribusiness ; Agricultural Production ; Agricultural Protection ; Agriculture ; Competition ; Debt Markets ; Economic Development ; Economic Theory and Research ; Economics ; Emerging Markets ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Regulations ; Finance and Financial Sector Development ; Free Trade ; Income ; International Economics & Trade ; Investment ; Labor Policies ; Law and Development ; Macroeconomics and Economic Growth ; Markets ; Policies ; Private Sector Development ; Public Sector Development ; Quotas ; Resources ; Rural Communities ; Social Protections and Labor ; Standards ; Subsidies ; Tariffs ; Taxation ; Trade ; Trade Law ; Trade Policy ; Welfare Gains ; World Trade Organization
    Kurzfassung: May 1999 - In the new round of World Trade Organization talks expected in late 1999, negotiations about access to agricultural and services markets should be given top priority, but new trade agenda issues should also be discussed. Including new trade agenda issues would increase market discipline's role in the allocation of resources in agriculture and would encourage nonagricultural groups with interests in the new issues to take part in the round, counterbalancing forces favoring agricultural protection. A new round of World Trade Organization negotiations on agriculture, services, and perhaps other issues is expected in late 1999. To what extent should those negotiations include new trade agenda items aimed at ensuring that domestic regulatory policies do not discriminate against foreign suppliers? Hoekman and Anderson argue that negotiations about market access should be given priority, as the potential welfare gains from liberalizing access to agricultural (and services) markets are still huge, but new issues should be included too. Including new trade agenda issues would increase the role of market discipline in the allocation of resources in agriculture and would encourage nonagricultural groups with interests in the new issues to take part in the round, counterbalancing forces in favor of agricultural protection. They also argue, however, that rule-making efforts to accommodate the new issues should be de-linked from negotiations about access to agricultural markets, because the issues affect activity in all sectors. This paper-a product of the Development Research Group-is part of a larger effort in the group to analyze options and priorities for developing countries in the run-up to a new round of WTO negotiations. Bernard Hoekman may be contacted at bhoekmanworldbank.org or kanderson@economics.adelaide.edu.au
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  • 22
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (48 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Kennedy, W. Peter Environmental Policy and Time Consistency
    Schlagwort(e): Aggregate Emissions ; Damage Function ; Economics ; Efficiency ; Emission Standards ; Emission Taxes ; Emissions ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Policy ; Forest Management ; ICT Policy and Strategies ; Incentives ; Industry ; Information and Communication Technologies ; Policies ; Policy Instruments ; Pollution ; Pollution Control ; Pollution Management and Control ; Pollution Reduction ; Production ; Technological Change ; Technology ; Technology Adoption ; Technology Industry ; Aggregate Emissions ; Damage Function ; Economics ; Efficiency ; Emission Standards ; Emission Taxes ; Emissions ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Policy ; Forest Management ; ICT Policy and Strategies ; Incentives ; Industry ; Information and Communication Technologies ; Policies ; Policy Instruments ; Pollution ; Pollution Control ; Pollution Management and Control ; Pollution Reduction ; Production ; Technological Change ; Technology ; Technology Adoption ; Technology Industry
    Kurzfassung: May 2000 - As instruments for controlling pollution, how do emissions taxes and emissions trading compare in terms of the incentives they create to adopt cleaner technologies? Emissions taxes may have a slight advantage over emissions trading. Kennedy and Laplante examine policy problems related to the use of emissions taxes and emissions trading, two market-based instruments for controlling pollution by getting regulated firms to adopt cleaner technologies. By attaching an explicit price to emissions, these instruments give firms an incentive to continually reduce their volume of emissions. Command-and-control emissions standards create incentives to adopt cleaner technologies only up to the point where the standards are no longer binding (at which point the shadow price on emissions falls to zero). But the ongoing incentives created by market-based instruments are not necessarily right, either. Time-consistency constraints on the setting of these instruments limit the regulator's ability to set policies that lead to efficiency in adopting technology options. After examining the time-consistency properties of a Pigouvian emissions tax and of emissions trading, Kennedy and Laplante find that: · If damage is linear, efficiency in adopting technologies involves either universal adoption of the new technology or universal retention of the old technology, depending on the cost of adoption. The first-best tax policy and the first-best permit-supply policy are both time-consistent under these conditions. · If damage is strictly convex, efficiency may require partial adoption of the new technology. In this case, the first-best tax policy is not time-consistent and the tax rate must be adjusted after adoption has taken place (ratcheting). Ratcheting will induce an efficient equilibrium if there is a very large number of firms. If there are relatively few firms, ratcheting creates too many incentives to adopt the new technology. · The first-best supply policy is time-consistent if there is a very large number of firms. If there are relatively few firms, the first-best supply policy may not be time-consistent, and the regulator must ratchet the supply of permits. With this policy, there are not enough incentives for firms to adopt the new technology. The results do not strongly favor one policy instrument over the other, but if the point of an emissions trading program is to increase technological efficiency, it is necessary to continually adjust the supply of permits in response to technological change, even when damage is linear. This continual adjustment is not needed for an emissions tax when damage is linear, which may give emissions taxes an advantage over emissions trading. This paper - a product of Infrastructure and Environment, Development Research Group - is part of a larger effort in the group to study the economics of pollution control. Copies of the paper are available free from the World Bank, 1818 H Street NW, Washington, DC 20433. Benoît Laplante may be contacted at blaplanteworldbank.org
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  • 23
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (22 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Dasgupta, Susmita Opportunities for Improving Environmental Compliance in Mexico
    Schlagwort(e): Economics ; Economies ; Emissions ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Information ; Environmental Management ; Environmental Performance ; Environmental Quality ; Environmental Regulations ; Information ; Metals ; Monitoring ; Options ; Policy Makers ; Polluters ; Pollution ; Pollution Control ; Regulation ; Regulations ; Technology ; Economics ; Economies ; Emissions ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Information ; Environmental Management ; Environmental Performance ; Environmental Quality ; Environmental Regulations ; Information ; Metals ; Monitoring ; Options ; Policy Makers ; Polluters ; Pollution ; Pollution Control ; Regulation ; Regulations ; Technology
    Kurzfassung: One of the main reasons for noncompliant firms' poor environmental performance is the information gap on Mexico's environmental policy. Pollution control could be improved through systematically fuller communication targeted to noncompliant firms - including more environmental education, especially of senior managers. - Survey evidence from Mexico reveals large observed differences in pollution from factories in the same industry, or the same area, or operating under the same regulatory regime. Many factories have adopted significant measures for pollution control and are in compliance with environmental regulations, but some have made little or no such effort. For lack of data, systematic research on the reasons behind such variations in plant-level environmental performance (especially on how impediments to pollution control affect plant behavior) is rare, even in industrial societies. Drawing on a recent plant-level survey of Mexican factories, Dasgupta identifies a number of performance variables characteristic of compliant and noncompliant plants, as well as factors that non-compliant plants perceive to be obstacles to pollution control. Noncompliant firms made less effort than compliant firms to change materials used, to change production processes, or to install end-of-pipe treatment equipment. They had significantly fewer programs to train their general workers in environmental responsibilities. They lagged behind in environmental training, waste management, and transportation training. They received less technical training, especially about the environment, environmental policy and administration, and clean technology and audits. Responses about obstacles to better environmental performance included scarcity of training resources, government bureaucracy, high interest rates, and Mexico's lack of an environmental protection culture. Respondents said that senior managers did not emphasize the environment, assigned more priority to economic considerations, and were not trained in the subject. There were too few suitable programs, training was not recognized, and workers were not interested in the subject. Most important, however, little information was available about Mexico's environmental policy. These findings suggest the importance of technical assistance - especially training and information. In Mexico, the information gap on policy is a major problem. Mexican environmental agencies should invest more in technical assistance and environmental training targeted to noncompliant enterprises. Environmental education, especially of senior managers, could significantly improve pollution control. Maintaining close contact with noncompliant firms, designing programs targeted to them, and pursuing them systemically should increase their responsiveness to regulations. This paper - a product of Infrastructure and Environment, Development Research Group - is part of a larger effort in the group to understand the determinants of environmental performance in developing countries. The study was funded by the Bank's Research Support Budget under the research project The Economics of Industrial Pollution Control in Developing Countries (RPO 680-20). The author may be contacted at sdasguptaworldbank.org
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  • 24
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (72 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Alcázar, Lorena The Buenos Aires Water Concession
    Schlagwort(e): Debt Markets ; Decision Making ; Economics ; Emerging Markets ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Financial Literacy ; Incentives ; Income ; Industry ; Information ; Information Asymmetries ; Infrastructure Economics ; Infrastructure Economics and Finance ; Interest ; Investment ; Marginal Cost ; Outcomes ; Perverse Incentives ; Prices ; Private Sector Development ; Productivity ; Regulation ; Revenues ; Supply ; Taking ; Tariffs ; Town Water Supply and Sanitation ; Urban Water Supply and Sanitation ; Water ; Water Conservation ; Water Resources ; Water Supply and Sanitation ; Water Supply and Sanitation Governance and Institutions ; Water and Industry ; Welfare Effects ; Debt Markets ; Decision Making ; Economics ; Emerging Markets ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Financial Literacy ; Incentives ; Income ; Industry ; Information ; Information Asymmetries ; Infrastructure Economics ; Infrastructure Economics and Finance ; Interest ; Investment ; Marginal Cost ; Outcomes ; Perverse Incentives ; Prices ; Private Sector Development ; Productivity ; Regulation ; Revenues ; Supply ; Taking ; Tariffs ; Town Water Supply and Sanitation ; Urban Water Supply and Sanitation ; Water ; Water Conservation ; Water Resources ; Water Supply and Sanitation ; Water Supply and Sanitation Governance and Institutions ; Water and Industry ; Welfare Effects
    Kurzfassung: April 2000 - Transparent, rule-based decisionmaking is important to maintaining public trust in regulated infrastructure. The Buenos Aires water and sanitation concession led to remarkable improvements in delivery and coverage of services and to lower prices for consumers. But a poor information base, lack of transparency in regulatory decisions, and the ad hoc nature of executive branch interventions make it difficult to reassure consumers that their welfare is being protected and that the concession is sustainable. The signing of a concession contract for the Buenos Aires water and sanitation system in December 1992 attracted worldwide attention and caused considerable controversy in Argentina. It was one of the world's largest concessions, but the case was also interesting for other reasons. The concession was implemented rapidly, in contrast with slow implementation of privatization in Santiago, for example. And reform generated major improvements in the sector, including wider coverage, better service, more efficient company operations, and reduced waste. Moreover, the winning bid brought an immediate 26.9 percent reduction in water system tariffs. Consumers benefited from the system's expansion and from the immediate drop in real prices, which was only partly reversed by subsequent changes in tariffs and access charges. And these improvements would probably not have occurred under public administration of the system. Still, as Alcázar, Abdala, and Shirley show, information asymmetries, perverse incentives, and weak regulatory institutions could threaten the concession's sustainability. Opportunities for the company to act opportunistically - and the regulator, arbitrarily - exist because of politicized regulation, a poor information base, serious flaws in the concession contract, a lumpy and ad hoc tariff system, and a general lack of transparency in the regulatory process. Because of these circumstances, public confidence in the process has eroded. The Buenos Aires concession shows how important transparent, rule-based decisionmaking is to maintaining public trust in regulated infrastructure. This paper - a product of Regulation and Competition Policy, Development Research Group - is part of a larger effort in the group to analyze institutional issues in regulated infrastructure. The study was funded by the Bank's Research Support Budget under the research project Institutions, Politics, and Contracts: Private Sector Participation in Urban Water Supply (RPO 681-87). Mary Shirley may be contacted at mshirleyworldbank.org
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  • 25
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (34 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Hoekman, Bernard Multilateral Disciplines for Investment-Related Policies
    Schlagwort(e): Costs ; Debt Markets ; Economic Theory and Research ; Economics ; Economy ; Emerging Markets ; Expectations ; Exports ; Finance and Financial Sector Development ; Foreign Direct Investment ; Free Trade ; Goods ; Incentives ; International Economics & Trade ; Investment ; Investment and Investment Climate ; Labor Policies ; Macroeconomics and Economic Growth ; Markets ; Multilateral Trade ; Non Bank Financial Institutions ; Payments ; Positive Externalities ; Private Sector Development ; Public Sector Corruption and Anticorruption Measures ; Risk Averse ; Social Protections and Labor ; Subsidy ; Trade Negotiations ; Trade and Regional Integration ; Transactions Costs ; Value ; Value Added ; WTO ; Welfare ; Costs ; Debt Markets ; Economic Theory and Research ; Economics ; Economy ; Emerging Markets ; Expectations ; Exports ; Finance and Financial Sector Development ; Foreign Direct Investment ; Free Trade ; Goods ; Incentives ; International Economics & Trade ; Investment ; Investment and Investment Climate ; Labor Policies ; Macroeconomics and Economic Growth ; Markets ; Multilateral Trade ; Non Bank Financial Institutions ; Payments ; Positive Externalities ; Private Sector Development ; Public Sector Corruption and Anticorruption Measures ; Risk Averse ; Social Protections and Labor ; Subsidy ; Trade Negotiations ; Trade and Regional Integration ; Transactions Costs ; Value ; Value Added ; WTO ; Welfare
    Kurzfassung: June 1999 - Is there a strong case for developing countries to support the creation of a multilateral agreement on investment? Probably not. Existing agreements offer ample scope for liberalizing foreign direct investment in the area that matters most to developing countries: services. Hoekman and Saggi evaluate the potential benefits of international disciplines on policies toward foreign direct investment for developing countries. They conclude that the case for initiating negotiations on investment policies is weak, at present. Negotiating efforts that center on further liberalizing market access on a nondiscriminatory basis-especially for services-are likely to be more fruitful in terms of economic welfare and growth. Existing multilateral instruments, although imperfect, are far from fully exploited and provide significant opportunities for governments opening further access to markets. Hoekman and Saggi conclude that priority should be given to expanding coverage of the General Agreement on Trade in Services (GATS) before seeking to negotiate general disciplines on investment policies. This paper-a product of Trade, Development Research Group-is part of a larger effort in the group to prepare for the next round of WTO negotiations. The authors may be contacted at bhoekmanworldbank.org or ksaggi @mail.smu.edu
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  • 26
    Online-Ressource
    Online-Ressource
    Washington, D.C : The World Bank
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (50 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Eskel, S. Gunnar Externalities and Production Efficiency
    Schlagwort(e): Commodity Taxes ; Economic Welfare ; Economics ; Efficiency ; Emission Standards ; Emission Tax ; Emissions ; Environment ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Management ; Environmental Protection ; Externalities ; Macroeconomics and Economic Growth ; Marginal Costs ; Polluters ; Pollution ; Pollution Abatement ; Pollution Management and Control ; Production ; Revenue ; Taxation ; Taxation and Subsidies ; Taxes ; Commodity Taxes ; Economic Welfare ; Economics ; Efficiency ; Emission Standards ; Emission Tax ; Emissions ; Environment ; Environment ; Environmental ; Environmental Economics and Policies ; Environmental Management ; Environmental Protection ; Externalities ; Macroeconomics and Economic Growth ; Marginal Costs ; Polluters ; Pollution ; Pollution Abatement ; Pollution Management and Control ; Production ; Revenue ; Taxation ; Taxation and Subsidies ; Taxes
    Kurzfassung: April 2000 - Environmental improvements should be sought from different polluters (public or private, producer or consumer, rich or poor) at the same cost, regardless of the nature of the polluting activity. Under a plausible structure of monitoring costs, emissions standards play a central role. Eskeland brings together two of government's primary challenges: environmental protection and taxation to generate revenues. If negative externalities can be reduced not only by changes in consumption patterns but also by making each activity cleaner (abatement efforts), how shall inducements to various approaches be combined? If negative externalities are caused by agents as different as consumers, producers, and government, how does optimal policy combine inducements to reduce pollution? Intuitively it seems right to tax emissions neutrally, based on marginal damages - no matter which activity pollutes or whether the polluter is rich or poor, consumer or producer, private or public. Eskeland provides a theoretical basis for such simplicity. Three assumptions are critical to his analysis: · Returns to scale do not influence the traditional problem of revenue generation. · Consumers have equal access to pollution abatement opportunities (but he also relaxes this assumption). · Planners can differentiate policy instruments (emission taxes or abatement standards) by polluting good, and by whether the polluter is a consumer, producer, or government, but they cannot differentiate such instruments (or commodity taxes) by personal characteristics or make them nonlinear in individual emissions. Among Eskeland's findings and conclusions: Abatement efforts and consumption adjustments at all stages are optimally stimulated by a uniform emission tax levied simply where emissions occur. It simplifies things that optimal abatement is independent of whether the car is used by government, firms, or households - for weddings or for work. It also simplifies implementation that the stimulus to abatement at one stage (say, the factory) is independent of whether it yields emission reductions from the factory or from others (say, from car owners who buy the factory's products). Finally, ministers of finance and of the environment should coordinate efforts, but they need not engage in each other's business. The minister of environment need not know which commodities are elastic in demand and thus would bear a low commodity tax. The finance minister need not know which commodities or agents pollute or who pays emission taxes. This paper - a product of Public Economics, Development Research Group - is part of a larger effort in the group to establish principles for public intervention. The author may be contacted at geskelandworldbank.org
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