This paper identifies the major factors explaining GDP growth in a number of Southeast Asian countries during the 1980s and early 90s. Estimates of the contribution of technological change, increases in the endowments of labor and capital, movements in the terms of trade, and changes in domestic...

The paper investigates vertical linkages between formal and informal financial institutions. Specifically, it studies a policy that expands formal credit to informal lenders, in the hope that this will improve loan terms for borrowers who are shut out of the formal sector. Special attention is...

This paper examines the consequences of the tariffication of a quota when there are several potential distortions present in a country, including domestic monopoly and wage rigidities. it is generally presumed that tariffs are superior to quotas because of their transparency and revenue-raising...

This paper presents some general equilibrium calculations for Cote d'Ivoire which explore the significance of tax structure for the relationship between external shocks and revenue instability, an issue until recently little explored in the literature, either for Cote d'Ivoire or other...

A model is proposed with the following features: (1) there is a publicly accessible transport technology, which is more advanced when there is more specialized labor in it; (2) a high population density facilitates the development of the transport technology; (3) an improved transport technology...

Abstract We investigate the response of the news‐based corruption reflection index to positive shocks in oil rents in Iran. Using annual data spanning from 1962 to 2019, we employ the vector autoregressive model and analyze generalized impulse responses. Our findings reveal a statistically...