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Price Distortions and Economic Growth in Sub-Saharan Africa

Anderson, Kym; Brückner, Markus - C.E.P.R. Discussion Papers - 2011

To what extent has Sub-Saharan Africa’s slow economic growth over the past five decades been due to price and trade policies that have discouraged production of agricultural relative to non-agricultural tradables? This paper uses a new set of estimates of policy distortions to relative prices...

Persistent link: https://www.econbiz.de/10009246604

Krueger/Schiff/Valdés Revisited: Agricultural Price and Trade Policy Reform in Developing Countries since 1960

Anderson, Kym - C.E.P.R. Discussion Papers - 2009

A study of distortions to agricultural incentives in 18 developing countries during 1960-84, by Krueger, Schiff and Valdés (1988; 1991), found that policies in most of those developing countries were directly or indirectly harming their farmers. Since the mid-1980s there has been a substantial...

Persistent link: https://www.econbiz.de/10008557010

Asia’s Evolving Role in Global Wine Markets

Anderson, Kym; Wittwer, Glyn - C.E.P.R. Discussion Papers - 2015

Over the past decade Hong Kong and China have become far more important to the world’s wine markets, while Southeast Asia’s imports of fine wine continue to grow steadily. This paper reviews recent developments in the light of comparative advantage theory before drawing on a model of global...

Persistent link: https://www.econbiz.de/10011262888

Optimal Effort Incentives in Dynamic Tournaments

Klein, Arnd Heinrich; Schmutzler, Armin - C.E.P.R. Discussion Papers - 2014

This paper analyzes two-stage rank-order tournaments. A principal decides (i) how to spread prize money across the two periods, (ii) how to weigh performance in the two periods when awarding the second period prize, and (iii) whether to reveal performance after the first period. The information...

Persistent link: https://www.econbiz.de/10011083571

All-Pay Auctions: Implementation and Optimality

Jönsson, Stefan; Schmutzler, Armin - C.E.P.R. Discussion Papers - 2013

This paper analyzes how all-pay auctions with endogenous prizes can be used to provide effort incentives. We show that wide classes of effort distributions can be implemented as equilibrium outcomes of such games. We also ask how all-pay auctions have to be structured so as to induce high...

Persistent link: https://www.econbiz.de/10011084454

Fuzzy Transition and Firm Efficiency: Evidence from Bulgaria, 1991-4

Djankov, Simeon; Hoekman, Bernard - C.E.P.R. Discussion Papers - 1996

This paper investigates the relationship between firm restructuring and international competition in Bulgaria during … local market. Neither hypothesis is rejected. The firm-level data suggest that international competition led to substantial …

Persistent link: https://www.econbiz.de/10005114496

Competition Law in Post-Central Planning Bulgaria

Djankov, Simeon; Hoekman, Bernard - C.E.P.R. Discussion Papers - 1997

This paper investigates the activities of the Bulgarian competition office, the Commission for the Protection of Competition, during 1991–5. Descriptive statistics are provided on the industry incidence of investigations, the types of behaviour that were investigated, and the frequency with...

Persistent link: https://www.econbiz.de/10005656340

Export Restrictions and Price Insulation During Commodity Price Booms

Anderson, Kym; Martin, Will - C.E.P.R. Discussion Papers - 2011

prices. If this is done by countries accounting for a large share of the market, its effect is offset by increases in world …-insulating behavior by the industrial countries. This provides little stabilizing benefit in the rice market because countries not … for the wheat market where non-developing countries account for 27 percent of consumption. …

Persistent link: https://www.econbiz.de/10009207521

Trade Barrier Volatility and Agricultural Price Stabilization

Anderson, Kym; Nelgen, Signe - C.E.P.R. Discussion Papers - 2010

National barriers to trade are often varied to insulate domestic markets from international price variability. This paper explores the extent of that behavior by governments using estimates of agricultural price distortions in 75 countries. Newly estimated price transmission elasticities are...

Persistent link: https://www.econbiz.de/10008692306

Agricultural Price Distortions: Trends and Volatility, Past and Prospective

Anderson, Kym - C.E.P.R. Discussion Papers - 2013

governments to insulate their domestic food market from fluctuations in international prices has not waned. Such insulation …

Persistent link: https://www.econbiz.de/10011083902