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Do infrastructure reforms reduce the effect of corruption? Theory and evidence from Latin America and the Caribbean

Wren-Lewis, Liam - Department of Economics, Oxford University - 2011

This paper investigates the interaction between corruption and infrastructure policy reforms. I construct a simple model to illustrate how both an incerase in regulatory autonomy and privatisation may influence the effect of corruption. This interaction is then analysed empirically using a...

Persistent link: https://www.econbiz.de/10009318140

Opening Access to Research

Armstrong, Mark - Department of Economics, Oxford University - 2014

profits. Two forms of open access regulation can mitigate these problems: (i) direct price regulation of the form whereby a …

Persistent link: https://www.econbiz.de/10011004390

Marginal Cost Pricing versus Insurance

Cowan, Simon GB; Cowan, Simon - Department of Economics, Oxford University - 2002

The regulator of a natural monopoly that sets a two-part tariff and whose marginal cost is stochastic will generally want the price to vary less than marginal cost when the lump-sum charge in the tariff is fixed. A trade-off exists between efficient pricing and an optimal allocation of risk....

Persistent link: https://www.econbiz.de/10004977861

The Demand for Services in India. A Mirror Image of Engel's Law for Food?

Nayyar, Gaurav - Department of Economics, Oxford University - 2009

India's development experience over the past fifty years suggests that the increasing importance of the services sector … increasing importance of the services sector. In order to establish the significance of private final demand as an explanation … for the increasing importance of the services sector in India, this paper estimates Engel curve-type relationships for six …

Persistent link: https://www.econbiz.de/10011004136

The Nature of Employment in India's Services Sector: Exploring the Heterogeneity

Nayyar, Gaurav - Department of Economics, Oxford University - 2009

For some observers, the dramatic growth of the services sector in India reflects rapid strides made by educated … paper is to analyze the nature of employment being created in the different sub-sectors of services, relative to the … India in 1993-94 and 2004-05, we find the following. First, sub-sectors of services are generally either 'good' or 'bad …

Persistent link: https://www.econbiz.de/10008481991

Trade Marks and Performance in UK Firms: Evidence of Schumpeterian Competition through Innovation

Greenhalgh, Christine; Rogers, Mark - Department of Economics, Oxford University - 2007

This paper uses novel data on trade mark activity of UK manufacturing and service sector firms to investigate whether trade marks improve the profitability and productivity of firms. We first analyse Tobin`s q, the ratio of stock market value to book value of tangible assets. We then investigate...

Persistent link: https://www.econbiz.de/10005090631

Terms of Trade and Growth of Resource Economies: A Tale of Two Countries

Fosu, Augustin Kwasi - Department of Economics, Oxford University - 2011

The current paper demonstrates a dochotomy of the growth response to changes in the barter terms of trade (TOT), employing as case studies the following two African countries: Botswana and Nigeria. Using distributed-lag analysis, the paper finds that the effect of TOT on output is positive and...

Persistent link: https://www.econbiz.de/10011004308

Openness and inflaton volatility: Cross-country evidence

Bowdler, Christopher; Malik, Adeel - Department of Economics, Oxford University - 2005

Recent decades have seen a considerable expansion of global trade and a simultaneous decline in inflation volatility. This paper investigates whether greater openness to trade helps achieve inflation stability. Using panel data for a sample of developing and industrial countries over the period...

Persistent link: https://www.econbiz.de/10010605138

Millennium Development Goals, Agricultural Growth and Openness

Imai, Katsushi; Gaiha, Raghav - Department of Economics, Oxford University - 2003

latter over time, and whether the policy stance of a government makes a difference to its overall performance. Trade …

Persistent link: https://www.econbiz.de/10005047888

Knowledge-Driven Economic Development

Bandyopadhyay, Sanghamitra - Department of Economics, Oxford University - 2006

This paper examines the impact of mass media and information and communications technologies (ICT) as knowledge-based infrastructures on economic development. The results strongly suggest that both mass media and ICT penetration are negatively associated with corruption. This result holds across...

Persistent link: https://www.econbiz.de/10005047954