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  • 1
    Online Resource
    Online Resource
    Spatial Development and Mobility Frictions in Latin America : Theory-based Empirical Evidence (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (33 pages)
    Parallel Title: Erscheint auch als Conte, Bruno Spatial Development and Mobility Frictions in Latin America: Theory-based Empirical Evidence
    Keywords: Economic Geography ; Employment and Unemployment ; International Economics and Trade ; Labor Markets ; Labor Rates ; Latin America ; Migration Frictions ; Mobility Frictions ; Productivity Differences ; Quantitative Trade Models ; Social Protections and Labor ; Spacial Development ; Trade Costs ; Wages ; Wages, Compensation and Benefits
    Abstract: Using fine-grained spatial data and a dynamic spatial general equilibrium model, this paper assesses the magnitude of mobility frictions in Latin America as well as the effects of their reduction on spatial development in the region. The results suggest that in most Latin American countries, migration frictions calibrated based on spatially differentiated initial utility are on average smaller and less dispersed than those obtained assuming uniform within-country initial utility. A reduction in trade costs due to optimal investments in road infrastructure in most Latin American countries increases the present discounted value of real per capita income on average in the region by 15.1 percent. This effect is larger than the effects obtained with static quantitative trade models because of substantial dynamic gains. By contrast, a reduction in migration entry costs in the most productive and more populous locations in the Latin American countries has a negligible effect on the present discounted value of the region's real per capita income, reflecting the relatively small dispersion in domestic migration frictions and their relatively low levels in top locations. In both counterfactuals, the welfare increases are significantly larger than the increases in real per capita output because the reductions in mobility frictions allow people to relocate to areas with better amenities and therefore derive higher utility. These results suggest that trade costs, not migration barriers, represent a major constraint to the efficient spatial distribution of economic activity and growth in Latin America
    DOI: 10.1596/1813-9450-10071
    URL: lizenzpflichtig
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  • 2
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    Online Resource
    Heterogeneous Agglomeration Economies in the Developing Countries : The Roles of Firm Characteristics, Sector Tradability, and Urban Mobility (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (39 pages)
    Parallel Title: Erscheint auch als Burger, Martijn Heterogeneous Agglomeration Economies in the Developing Countries: The Roles of Firm Characteristics, Sector Tradability, and Urban Mobility
    Keywords: Agglomeration Economy ; Business Cycles and Stabilization Policies ; Crime and Society ; Economic Potential Of City ; Effect Of Congestion ; Fixed Effect Model ; General Manufacturing ; Labor Markets ; Labor Productivity ; Macroeconomics and Economic Growth ; Random Effects Model ; Social Development ; Social Protections and Labor
    Abstract: Using geo-coded, firm-level data on more than 51,000 establishments in 649 metropolitan areas in 98 developing economies, from the World Bank's Enterprise Surveys and a new global database on city-level mobility and congestion, this paper estimates the "pure" firm productivity gains of urban density, net of negative externalities associated with limited mobility, crime, and pollution. The results suggest that the average size of agglomeration economies in the developing world is comparable to the one observed in advanced countries, but the magnitude of the benefits of density on firm productivity substantially varies across firms. Returns to urban density are higher for firms operating in the tradables sector, exporters, foreign-owned firms, larger firms, and more experienced firms. Agglomeration economies are lost through both limited uncongested mobility and congestion, but the latter has a stronger negative effect on agglomeration economies and reduces relatively more the agglomeration benefits of firms in the non-tradables sector than those producing tradables
    DOI: 10.1596/1813-9450-9954
    URL: Deutschlandweit zugänglich
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  • 3
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    Online Resource
    Growth Diagnostics For A Resource-Rich Transition Economy : The Case of Mongolia (2007)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (39 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ianchovichina, Elena Growth Diagnostics For A Resource-Rich Transition Economy
    Keywords: Access to Finance ; Bottlenecks ; Debt Markets ; Economic Theory and Research ; Elasticity ; Emerging Markets ; Externalities ; Finance and Financial Sector Development ; Macroeconomics and Economic Growth ; Population Growth ; Private Sector Development ; Property Rights ; Tax ; Transit ; Transport ; Transport Economics, Policy and Planning ; Transportation ; Transportation Services ; Wealth ; Access to Finance ; Bottlenecks ; Debt Markets ; Economic Theory and Research ; Elasticity ; Emerging Markets ; Externalities ; Finance and Financial Sector Development ; Macroeconomics and Economic Growth ; Population Growth ; Private Sector Development ; Property Rights ; Tax ; Transit ; Transport ; Transport Economics, Policy and Planning ; Transportation ; Transportation Services ; Wealth ; Access to Finance ; Bottlenecks ; Debt Markets ; Economic Theory and Research ; Elasticity ; Emerging Markets ; Externalities ; Finance and Financial Sector Development ; Macroeconomics and Economic Growth ; Population Growth ; Private Sector Development ; Property Rights ; Tax ; Transit ; Transport ; Transport Economics, Policy and Planning ; Transportation ; Transportation Services ; Wealth
    Abstract: This paper uses a growth diagnostics approach à la Hausmann, Rodrik, and Velasco (HRV) to identify the most 'binding' constraints to private sector growth in Mongolia - a small, low-income, mineral-rich, transition economy. The approach of applying the HRV methodology is useful in those cases where a lack of data prevents us from estimating shadow prices to identify the most 'binding' constraint to growth. We find that although Mongolia is not liquidity constrained and has grown rapidly in recent years, economic growth has been narrowly based. Investment has flowed mainly into a small number of firms operating in mining and construction. The low level of private investment in sectors outside mining and construction has been due to low returns - a result of costly and unreliable transportation services; lengthy and complex transit procedures, including customs and trade rules; distortionary taxes; coordination failures, at both domestic and international levels; and growing corruption. Poor financial intermediation is also a problem that has kept the cost of finance high, although lower than in previous years. Alleviating these binding constraints will ensure that Mongolia maintains the path towards sustained, broad-based growth
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 4
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    Online Resource
    Long-Run Impacts of China's WTO Accession on Farm-Nonfarm Income Inequality and Rural Poverty (2003)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (40 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ianchovichina, Elena Long-Run Impacts of China's WTO Accession on Farm-Nonfarm Income Inequality and Rural Poverty
    Keywords: Agricultural Policy ; Agriculture ; Crops and Crop Management Systems ; Economic Growth ; Economic Theory and Research ; Farm Households ; Farm Incomes ; Farm Products ; Farm Sector ; Farm Work ; Farmers ; Food Insecurity ; Food and Beverage Industry ; Income ; Income Inequality ; Industry ; International Economics & Trade ; Livestock and Animal Husbandry ; Macroeconomics and Economic Growth ; Poor ; Poverty Reduction ; Private Sector Development ; Rural Development ; Rural Development Knowledge ; Rural Poverty Reduction ; Social Protections and Labor ; World Trade Organization ; Agricultural Policy ; Agriculture ; Crops and Crop Management Systems ; Economic Growth ; Economic Theory and Research ; Farm Households ; Farm Incomes ; Farm Products ; Farm Sector ; Farm Work ; Farmers ; Food Insecurity ; Food and Beverage Industry ; Income ; Income Inequality ; Industry ; International Economics & Trade ; Livestock and Animal Husbandry ; Macroeconomics and Economic Growth ; Poor ; Poverty Reduction ; Private Sector Development ; Rural Development ; Rural Development Knowledge ; Rural Poverty Reduction ; Social Protections and Labor ; World Trade Organization ; Agricultural Policy ; Agriculture ; Crops and Crop Management Systems ; Economic Growth ; Economic Theory and Research ; Farm Households ; Farm Incomes ; Farm Products ; Farm Sector ; Farm Work ; Farmers ; Food Insecurity ; Food and Beverage Industry ; Income ; Income Inequality ; Industry ; International Economics & Trade ; Livestock and Animal Husbandry ; Macroeconomics and Economic Growth ; Poor ; Poverty Reduction ; Private Sector Development ; Rural Development ; Rural Development Knowledge ; Rural Poverty Reduction ; Social Protections and Labor ; World Trade Organization
    Abstract: Many fear China's accession to the World Trade Organization (WTO) will impoverish its rural people by way of greater import competition in its agricultural markets. Anderson, Huang, and Ianchovichina explore that possibility bearing in mind that, even if producer prices of some (land-intensive) farm products fall, prices of other (labor-intensive) farm products could rise. Also, the removal of restrictions on exports of textiles and clothing could boost town and village enterprises, so demand for unskilled labor for nonfarm work in rural areas may grow even if demand for farm labor in aggregate falls. New estimates, from the global economywide numerical simulation model known as GTAP, of the likely changes in agricultural and other product prices as a result of WTO accession are drawn on to examine empirically the factor reward implications of China's WTO accession. The results suggest farm-nonfarm and Western-Eastern income inequality may well rise in China but rural-urban income inequality need not. The authors conclude with some policy suggestions for alleviating any pockets of farm household poverty that may emerge as a result of WTO accession. This paper—a product of the Economic Policy Division, Poverty Reduction and Economic Management Network—is part of a larger effort in the network to assess the impact of China's WTO accession
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 5
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    Online Resource
    The Impact of China's WTO Accession on East Asia (2003)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (36 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ianchovichina, Elena The Impact of China's WTO Accession on East Asia
    Keywords: Capital ; Capital Markets ; Comparative Advantage ; Competition ; Competitiveness ; Currencies and Exchange Rates ; Debt Markets ; Demand ; Development Economics ; Economic Theory and Research ; Economy ; Emerging Markets ; Equilibrium ; Exchange Rates ; Exports ; Finance and Financial Sector Development ; Financial Literacy ; Free Trade ; International Economics & Trade ; Investment ; Macroeconomics and Economic Growth ; Private Sector Development ; World Trade Organization ; Capital ; Capital Markets ; Comparative Advantage ; Competition ; Competitiveness ; Currencies and Exchange Rates ; Debt Markets ; Demand ; Development Economics ; Economic Theory and Research ; Economy ; Emerging Markets ; Equilibrium ; Exchange Rates ; Exports ; Finance and Financial Sector Development ; Financial Literacy ; Free Trade ; International Economics & Trade ; Investment ; Macroeconomics and Economic Growth ; Private Sector Development ; World Trade Organization ; Capital ; Capital Markets ; Comparative Advantage ; Competition ; Competitiveness ; Currencies and Exchange Rates ; Debt Markets ; Demand ; Development Economics ; Economic Theory and Research ; Economy ; Emerging Markets ; Equilibrium ; Exchange Rates ; Exports ; Finance and Financial Sector Development ; Financial Literacy ; Free Trade ; International Economics & Trade ; Investment ; Macroeconomics and Economic Growth ; Private Sector Development ; World Trade Organization
    Abstract: China's World Trade Organization (WTO) accession will have major implications for China and present both opportunities and challenges for East Asia. Ianchovichina and Walmsley assess the possible channels through which China's accession to the WTO could affect East Asia and quantify these effects using a dynamic computable general equilibrium model. China will be the biggest beneficiary of accession, followed by the industrial and newly industrializing economies (NIEs) in East Asia. But their benefits are small relative to the size of their economies and to the vigorous growth projected to occur in the region over the next 10 years. By contrast, developing countries in East Asia are expected to incur small declines in real GDP and welfare as a result of China's accession, mainly because with the elimination of quotas on Chinese textile and apparel exports to industrial countries China will become a formidable competitor in areas in which these countries have comparative advantage. With WTO accession China will increase its demand for petrochemicals, electronics, machinery, and equipment from Japan and the NIEs, and farm, timber, energy products, and other manufactures from the developing countries in East Asia. New foreign investment is likely to flow into these expanding sectors. The overall impact on foreign investment is likely to be positive in the NIEs, but negative for the less developed East Asian countries as a result of the contraction of these economies' textile and apparel sector. As China becomes a more efficient supplier of services or a more efficient producer of high-end manufactures, its comparative advantage will shift into higher-end products. This is good news for the poor developing economies in East Asia, but it implies that the impact of China's WTO accession on the NIEs may change to include heightened competition in global markets. This paper—a product of the Economic Policy Division, Poverty Reduction and Economic Management Network—is part of a larger effort in the network to assess the impact of China's WTO accession
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 6
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    Online Resource
    Economic Impacts of China's Accession to the World Trade Organization (2003)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (44 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Martin, Will Economic Impacts of China's Accession to the World Trade Organization
    Keywords: Base Year ; Consumption ; Currencies and Exchange Rates ; Debt Markets ; Economic Theory and Research ; Economy ; Emerging Markets ; Exports ; Finance and Financial Sector Development ; Financial Literacy ; Free Trade ; Goods ; Growth Rate ; Influence ; Inputs ; International Economics & Trade ; Labor ; Labor Policies ; Macroeconomics and Economic Growth ; Markets ; Prices ; Private Sector Development ; Production ; Public Sector Development ; Quotas ; Social Protections and Labor ; Trade ; Trade Policy ; Trade Policy ; Trade Reform ; World Trade Organization ; Base Year ; Consumption ; Currencies and Exchange Rates ; Debt Markets ; Economic Theory and Research ; Economy ; Emerging Markets ; Exports ; Finance and Financial Sector Development ; Financial Literacy ; Free Trade ; Goods ; Growth Rate ; Influence ; Inputs ; International Economics & Trade ; Labor ; Labor Policies ; Macroeconomics and Economic Growth ; Markets ; Prices ; Private Sector Development ; Production ; Public Sector Development ; Quotas ; Social Protections and Labor ; Trade ; Trade Policy ; Trade Policy ; Trade Reform ; World Trade Organization ; Base Year ; Consumption ; Currencies and Exchange Rates ; Debt Markets ; Economic Theory and Research ; Economy ; Emerging Markets ; Exports ; Finance and Financial Sector Development ; Financial Literacy ; Free Trade ; Goods ; Growth Rate ; Influence ; Inputs ; International Economics & Trade ; Labor ; Labor Policies ; Macroeconomics and Economic Growth ; Markets ; Prices ; Private Sector Development ; Production ; Public Sector Development ; Quotas ; Social Protections and Labor ; Trade ; Trade Policy ; Trade Policy ; Trade Reform ; World Trade Organization
    Abstract: Ianchovichina and Martin present estimates of the impact of accession by China and Chinese Taipei to the World Trade Organization. China is estimated to be the biggest beneficiary, followed by Chinese Taipei and their major trading partners. Accession will boost the labor-intensive manufacturing sectors in China, especially the textiles and apparel sector that will benefit directly from the removal of quotas on textiles and apparel exports to North America and Western Europe. Consequently, developing economies competing with China in third markets may suffer relatively small losses. China has already benefited from the reforms undertaken between 1995 and 2001 (US
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 7
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    Online Resource
    Trade Liberalization in China's Accession to the World Trade Organization (2001)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (44 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ianchovichina, Elena Trade Liberalization in China's Accession to the World Trade Organization
    Keywords: Comparative Advantage ; Currencies and Exchange Rates ; Debt Markets ; Economic Theory and Research ; Economy ; Emerging Markets ; Exports ; Finance and Financial Sector Development ; Free Trade ; Goods ; Influence ; Inputs ; International Economics & Trade ; Law and Development ; Macroeconomics and Economic Growth ; Markets ; Monopoly ; Private Sector Development ; Production ; Public Sector Development ; Quotas ; Trade ; Trade Law ; Trade Liberalization ; Trade Policy ; Trade Policy ; World Trade Organization ; Comparative Advantage ; Currencies and Exchange Rates ; Debt Markets ; Economic Theory and Research ; Economy ; Emerging Markets ; Exports ; Finance and Financial Sector Development ; Free Trade ; Goods ; Influence ; Inputs ; International Economics & Trade ; Law and Development ; Macroeconomics and Economic Growth ; Markets ; Monopoly ; Private Sector Development ; Production ; Public Sector Development ; Quotas ; Trade ; Trade Law ; Trade Liberalization ; Trade Policy ; Trade Policy ; World Trade Organization ; Comparative Advantage ; Currencies and Exchange Rates ; Debt Markets ; Economic Theory and Research ; Economy ; Emerging Markets ; Exports ; Finance and Financial Sector Development ; Free Trade ; Goods ; Influence ; Inputs ; International Economics & Trade ; Law and Development ; Macroeconomics and Economic Growth ; Markets ; Monopoly ; Private Sector Development ; Production ; Public Sector Development ; Quotas ; Trade ; Trade Law ; Trade Liberalization ; Trade Policy ; Trade Policy ; World Trade Organization
    Abstract: (June 2001) - China's forthcoming access to the World Trade Organization involves reform in many sectors, both domestic and trade-related. The starting point for reform is a partially reformed economy with relatively high import duties, in which export sectors benefit from liberal duty exemptions on inputs. Both China and its major trading partners will gain from access—with China gaining most (perhaps half of the estimated
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