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Using a new tax database for 28 countries and a variety of econometric methods, this paper contributes to the debate on the effects of fiscal policy on economic activity in a number of ways. The analysis finds that tax cuts have a stimulative effect on economic growth in developing countries....
Persistent link: https://www.econbiz.de/10012975998
Labor market regulation is a high-profile, and often contentious, area of public policy. Although these regulations have been studied most extensively in developed countries, there is a growing body of literature on their effects in developing countries. This paper reviews that literature and...
Persistent link: https://www.econbiz.de/10012973371
Despite sustained output growth since 1997, low-income Commonwealth of Independent States (CIS) countries (CIS-7) have not experienced growth in employment, a phenomenon observed elsewhere in transitional economies and labeled as jobless growth. The author addresses the causes of this phenomenon...
Persistent link: https://www.econbiz.de/10012748041
, they now appear less well placed to cope with the substantial downside risks facing the global economy. In many EMDEs, the …
Persistent link: https://www.econbiz.de/10012841602
The literature on aid and growth has not found a convincing instrumental variable to identify the causal effects of aid. This paper exploits an instrumental variable based on the fact that since 1987, eligibility for aid from the International Development Association (IDA) has been based partly...
Persistent link: https://www.econbiz.de/10012973243
This paper studies the question of whether exchange rate policy affects the impact of remittances on economic growth in recipient countries. The paper utilizes a comprehensive data set that comprises annual observations for 135 developing and transition countries, spanning 1970-2007. The data...
Persistent link: https://www.econbiz.de/10012966409
legal and regulatory systems. It is widespread in the majority of developing countries--in a typical developing economy, the … capital and labor in a modern economy. Second, it opens the possibility of labor migration from a rudimentary economy with an …
Persistent link: https://www.econbiz.de/10012967818
economies in the water industry in four countries (Brazil, Colombia, Moldova, and Vietnam) that differ substantially in economic … find evidence of economies of scale in Colombia, Moldova, and Vietnam, implying the existence of a natural monopoly. In … customer density in Moldova and Vietnam. The results of this study show that the cost structure of the water and wastewater …
Persistent link: https://www.econbiz.de/10012747840
The authors examine the effects of the introduction of Vietnam's health insurance (VHI) program on health outcomes … biases due to inappropriate specification of the outcome regression model. The authors' results suggest that Vietnam's health …
Persistent link: https://www.econbiz.de/10012966155
This paper seeks to find an empirical explanation of Vietnam's outstanding performance on the Programme for … the unique exception of Vietnam, are typically clustered at the lower end of the range of the Programme for International … student Assessment scores. The paper compares Vietnam's performance with that of a set of seven developing countries from the …
Persistent link: https://www.econbiz.de/10012969538