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Why Europe has become environmentally cleaner: Decomposing the roles of fiscal, trade and environmental policies

López, Ramón; Palacios, Amparo - C.E.P.R. Discussion Papers - 2011

This paper systematically examines the role of fiscal policy, trade and energy taxes on environmental quality in Europe using disaggregated data for 12 European countries over the 1995-2008 period. It uses a methodology that obtains estimates mostly free of time-varying omitted variable biases....

Persistent link: https://www.econbiz.de/10009278172

Economic Reforms and Industrial Policy in a Panel of Chinese Cities

Alder, Simon; Shao, Lin; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2013

We estimate the effect on economic development of China's industrial policy, in particular, the establishment of Special Economic Zones (SEZ). We use data from a panel of 276 Chinese cities and prefectures from 1988 to 2010. Our difference-in-difference estimator exploits the variation in the...

Persistent link: https://www.econbiz.de/10011084232

The Spatial Development of India

Desmet, Klaus; Ghani, Ejaz; O'Connell, Stephen D; … - C.E.P.R. Discussion Papers - 2013

This paper studies the recent spatial development of India. Services, and to a lesser extent manufacturing, are … services have tended to grow fastest in medium-density locations, such as Silicon Valley. India's experience is not common to … that of India. Our findings suggest that certain frictions are keeping medium-density places in India from growing faster. …

Persistent link: https://www.econbiz.de/10011084107

The Adjustment Towards National Solvency in Developing Countries: An Application to India

Ghatak, Subrata; Levine, Paul L - C.E.P.R. Discussion Papers - 1992

solvency. This is compared with the corresponding cost if India were to repudiate its debts and experience financial autarky as … improves the relative attractiveness of debt repayment. With a 10% discount rate, however, even writing off 75% of India …

Persistent link: https://www.econbiz.de/10005666962

Economics and Climate Change: Integrated Assessment in a Multi-Region World

Hassler, John; Krusell, Per - C.E.P.R. Discussion Papers - 2012

This paper develops a model that integrates the climate and the global economy---an integrated assessment model---with which different policy scenarios can be analyzed and compared. The model is a dynamic stochastic general-equilibrium setup with a continuum of regions. Thus, it is a full...

Persistent link: https://www.econbiz.de/10011084727

Asia-Pacific Food Markets and Trade in 2005: A Global, Economy-wide Perspective

Anderson, Kym; Dimaranan, Betina; Hertel, Thomas W; … - C.E.P.R. Discussion Papers - 1996

Rapid industrialization in East Asia, particularly China, is raising questions about who will feed the region in the next century and how Asia will pay for its food imports. The paper addresses this question by first reviewing existing food sector projections and then taking an economy-wide...

Persistent link: https://www.econbiz.de/10005497955

The Power of the Street: Evidence from Egypt's Arab Spring

Acemoglu, Daron; Hassan, Tarek; Tahoun, Ahmed - C.E.P.R. Discussion Papers - 2014

During Egypt's Arab Spring, unprecedented popular mobilization and protests brought down Hosni Mubarak's government and ushered in an era of competition between three groups: elites associated with Mubarak's National Democratic Party (NDP), the military, and the Islamist Muslim Brotherhood....

Persistent link: https://www.econbiz.de/10011083238

Complementary Roles of Connections and Performance in Political Selection in China

Jia, Ruixue; Kudamatsu, Masayuki; Seim, David - C.E.P.R. Discussion Papers - 2013

Who becomes a top politician in China? We focus on provincial leaders, a pool of candidates for top political office, and examine how their chance of being promoted depends on performance - measured by provincial economic growth - and connections with top politicians - measured by past joint...

Persistent link: https://www.econbiz.de/10011083274

Electoral politics and regional development: assessing the geographical allocation of public investment in Turkey

Luca, Davide; Rodriguez-Pose, Andres - C.E.P.R. Discussion Papers - 2014

One of the most important decisions that governments face is how to allocate the public resources necessary for development, given each country’s budget constraints. According to the literature on the links between wealth and institutional performance, highly kleptocratic countries are...

Persistent link: https://www.econbiz.de/10011083396

Demographic Dividends Revisited

Williamson, Jeffrey G - C.E.P.R. Discussion Papers - 2013

This paper revisits demographic dividend issues after almost two decades of debate. In 1998, David Bloom and Jeffrey Williamson used a convergence model to estimate the impact of demographic-transition-driven age structure effects and calculated what the literature has come to call the...

Persistent link: https://www.econbiz.de/10011083629