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This paper argues that labor supply elasticities encode information about the determinants of income inequality. In the theoretical framework, individuals choose labor supply conditional on productivities and preferences for consumption relative to leisure. The paper shows that reduced-form...
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There is a growing effort in the non-market valuation literature toward better understanding of the stability and evolution of preferences over time. The study uses a novel approach combining a repeated choice experiment with a randomized controlled trial on stove adoption in Ethiopia to analyze...
Persistent link: https://www.econbiz.de/10012059038
International financial institutions (IFIs) generally enjoy preferred creditors treatment (PCT). Although PCT rarely appears in legal contracts, when sovereigns restructure bilateral or commercial debts they normally pay IFIs in full. This paper presents a model where a creditor, such as an IFI,...
Persistent link: https://www.econbiz.de/10012113677
This paper presents firm-level estimates of revenue-based total factor productivity premiums of manufacturing firms … adopting digital technology in 82 developing economies over 2002–19. The paper estimates productivity using the control … function approach and assuming an endogenous revenue-based total factor productivity process, which is a function of multiple …
Persistent link: https://www.econbiz.de/10012297843
Ethiopia's competitiveness and attractiveness as an investment destination by comparing domestic productivity and input costs …, the labor cost advantage of Ethiopian firms is more than offset by low productivity. However, Ethiopia appears competitive … when compared to Bangladesh. Capital, firm size, or sectoral composition do not explain the low productivity of the …
Persistent link: https://www.econbiz.de/10012114001
Embedding management and operational practices survey in a broader firm capabilities survey, this report finds that: (i) relative to the rest of Croatia, an average firm in the lagging region of the country (Eastern Croatia) is only slightly behind in the adoption of structured management...
Persistent link: https://www.econbiz.de/10012240537