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Selod, Harris; Deininger, Klaus W.; Arezki, Rabah - International Monetary Fund (IMF) - 2011

This paper studies the determinants of foreign land acquisition for large-scale agriculture. To do so, gravity models are estimated using data on bilateral investment relationships, together with newly constructed indicators of agro-ecological suitability in areas with low population density as...

Persistent link: https://www.econbiz.de/10009369440

Land Distribution and Financial System Development

Vollrath, Dietrich; Erickson, Lennart - International Monetary Fund (IMF) - 2007

Research on credit markets from developing economies, as well as work on the origin of institutions in general, has suggested that land inequality may play a role in determining financial development. In this paper we establish empirically that initial land inequality is a significant predictor...

Persistent link: https://www.econbiz.de/10005599730

The Role of Affordable Mortgages in Improving Living Standards and Stimulating Growth; A Survey of Selected Mena Countries

Nothaft, Frank E.; Erbas, S. Nuri - International Monetary Fund (IMF) - 2002

This paper argues that making affordable home mortgage loans available to a large cross section of the population will serve both the redistributive and growth-enhancing objectives of poverty reduction policies. The current state of housing and mortgage markets in selected Middle East and North...

Persistent link: https://www.econbiz.de/10005825998

The Distributive Effects of Land Titleon Labor Supply; Evidence From Brazil

Moura, Mauricio; Piza, Caio; Poplawski-Ribeiro, Marcos - International Monetary Fund (IMF) - 2011

This paper studies the effects of property-titling on labor supply. The role of legal ownership security is isolated by comparing the effect that being part of, or excluded from, a land title program in a unique quasi-experiment in two similar communities in the Brazilian city of Osasco. Our...

Persistent link: https://www.econbiz.de/10009151228

Potential Growth in Emerging Asia

Anand, Rahul; Cheng, Kevin C.; Rehman, Sidra; Zhang, Longmei - International Monetary Fund (IMF) - 2014

potential growth, largely reflecting a decline of total factor productivity (TFP) growth; (ii) by contrast, trend growth for the …

Persistent link: https://www.econbiz.de/10011142066

How can Korea Boost Potential Output to Ensure Continued Income Convergence?

Jain-Chandra, Sonali; Zhang, Longmei - International Monetary Fund (IMF) - 2014

Koreaâ€™s rapid growth has slowed in recent years, suggesting lower potential growth. This paper uses an array of techniques, including statistical filters, a multivariate model and the production function, to estimate Koreaâ€™s potential growth. The main finding is that trend growth...

Persistent link: https://www.econbiz.de/10011142072

European Productivity, Innovation and Competitiveness: The Case of Italy

Tiffin, Andrew - International Monetary Fund (IMF) - 2014

sectors are weighed down by the structural barriers that have depressed productivity more broadly. Italyâ€™s future …

Persistent link: https://www.econbiz.de/10011142167

Increasing Productivity Growth in Middle Income Countries

Abdychev, Aidar; Jirasavetakul, La-Bhus Fah; Jonelis, … - International Monetary Fund (IMF) - 2015

contribution of total factor productivity (TFP) to growth is largely responsible for the slowdown in trend growth in many SMICs …, which highlights the need for policy actions to reinvigorate productivity growth. This paper explores the question of what … kind of structural policies could boost productivity growth in SMICs and the political economy factors that may be …

Persistent link: https://www.econbiz.de/10011123829

The Quality of the Recent High-Growth Episode in Sub-Saharan Africa

Martinez, Marcelo; Mlachila, Montfort - International Monetary Fund (IMF) - 2013

The paper explores the quality of the recent high-growth episode in sub-Saharan Africa by examining the following two questions: (i) what has been the nature and pattern of SSA growth over the past 15 years and how does it compare with previous episodes? (ii) has this growth had an impact on...

Persistent link: https://www.econbiz.de/10011123863

Emerging Market Business Cycles; The Role of Labor Market Frictions

Boz, Emine; Durdu, Ceyhun Bora; Li, Nan - International Monetary Fund (IMF) - 2012

Emerging economies are characterized by higher consumption and real wage variability relative to output and a strongly countercyclical current account. A real business cycle model of a small open economy that embeds a Mortensen-Pissarides type of search-matching frictions and countercyclical...

Persistent link: https://www.econbiz.de/10011242182