Showing 1 - 10 of 180
This paper makes analytical, methodological and empirical contributions to the literature on purchasing power parity. Purchasing power parities are required in a host of cross-country welfare comparisons, such as poverty rates and gross domestic product. The subject has recently generated much...
Persistent link: https://www.econbiz.de/10012571630
This paper provides new survey evidence showing that loss aversion and reference dependence are important in shaping people's perception of trade policy. Under the assumption that agents' welfare functions exhibit these behavioral elements, we analyze a model with a welfare-maximizing government...
Persistent link: https://www.econbiz.de/10012559810
This paper looks at how individual preferences for the allocation of government spending change along the life cycle. Using the Life in Transition Survey II for 34 countries in Europe and Central Asia, the study finds that older individuals are less likely to support a rise in government outlays...
Persistent link: https://www.econbiz.de/10012571320
Much of game theory is founded on the assumption that individual players are endowed with preferences that can be represented by a real-valued utility function. However, in reality human preferences are often not transitive. This is especially true for the indifference relation, which can lead...
Persistent link: https://www.econbiz.de/10012572272
Modifying the national poverty line to the context of observed consumption patterns of the poor is becoming popular. A context-specific poverty line would be more consistent with preferences. This paper provides theoretical and empirical evidence that the contrary holds and that the national...
Persistent link: https://www.econbiz.de/10012564545
This paper assesses two research questions: has the presence of foreign firms contributed to productivity increases in … foreign direct investment will see an increase in productivity after the fourth year. The paper finds evidence of negative but …
Persistent link: https://www.econbiz.de/10012570667
Uganda's growth in gross domestic product of the 2000s was accompanied by high growth rates of labor productivity … other fixed assets, but also entailed substantial gains in total factor productivity Based on data from two waves of the … Uganda Business Indicators survey this paper estimates that economy wide aggregate labor productivity and aggregate TFP grew …
Persistent link: https://www.econbiz.de/10012570676
as usage by firms, innovation, and productivity using firm-level data for a sample of six Sub-Saharan African countries … countries. However, the final impact on productivity depends on the degree of novelty of the innovation introduced by the firm …
Persistent link: https://www.econbiz.de/10012570778
This paper examines the role of changes in sectoral productivity gaps over time in accounting for growth realized by … countries over the past few decades. To quantify the productivity impact of the sectoral gaps, a simple model of resource … changes in distortions is because of unrealized gains suggested by high levels of present distortions, productivity gains are …
Persistent link: https://www.econbiz.de/10012571013
This paper provides evidence on the impacts of agricultural productivity on employment growth and structural …. Using rainfall as an instrument for agricultural productivity, empirical analysis finds a significant positive effect of … agricultural productivity growth on growth of informal (small-scale) manufacturing and skilled services employment, mainly in …
Persistent link: https://www.econbiz.de/10012571069