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Is there persistence in the growth of manufactured exports? Evidence from newly industrializing countries

Mody, Ashoka; Yilmaz, Kamil; DEC - Economics Research, World Bank Group - 1994

Price and income elasticities estimated from a country's export demand function are used both to predict and to prescribe effective export strategies. But the focus on elasticities has led to the neglect of an important empirical regularity: a strong persistencein the growth rate of a country's...

Persistent link: https://www.econbiz.de/10005079483

Inequality, the price of nontradables, and the real exchange rate : theory and cross-country evidence

Min, Hong-Ghi - Economics Research, World Bank Group - 2002

The author provides theoretical and empirical evidence of a negative association between income inequality and real … exchange rates. First, he builds a theoretical model showing the transmission mechanism from inequality to real exchange rates … negative relationship between inequality and real exchange rates does not imply that policies aimed at dramatic redistribution …

Persistent link: https://www.econbiz.de/10005079501

Do more unequal countries redistribute more? does the median voter hypothesis hold?

Milanovic, Branko - Economics Research, World Bank Group - 1999

The median voter hypothesis is important to endogenous growth theories because it provides the political mechanisms through which voters in more unequal countries re-distribute a greater proportion of income and thus (it is argued), by blunting incentives, reduce the country's growth rate. But...

Persistent link: https://www.econbiz.de/10005079521

Linking representative household models with household surveys for poverty analysis : a comparison of alternative methodologies

Agenor, Pierre-Richard; Chen, Derek H.C.; Grimm, Michael - Economics Research, World Bank Group - 2004

The authors compare three approaches to linking representative-household macro models with micro household income data in terms of their implications for measuring the poverty and distributional effects of policy shocks. These approaches are a simple micro-accounting method, an extension of that...

Persistent link: https://www.econbiz.de/10005079525

Relative price changes and the growth of the public sector

Shahbaz Khan, M. - Economics Research, World Bank Group - 1990

Policy recommendations to reduce the growth of public spending are haunted by the inevitability of two factors. First Wagner's law, the hypothesis that with economic development an increasing share of GDP is devoted to public spending, and secondly, Baumol's effect, that as economies develop,...

Persistent link: https://www.econbiz.de/10005079538

Who paid the bill? Adjustment and poverty in Brazil, 1980-95

Fox, M. Louise; Morley, Samuel A. - Economics Research, World Bank Group - 1991

The difficulties most Latin American countries have experienced in returning to sustained growth after the world recession and debt crisis of 1982 have surprised and frustrated many observers. Concern is increasingly expressed about the social costs of this period of recession and adjustment,...

Persistent link: https://www.econbiz.de/10005079539

Does public capital crowd out private capital? : evidence from India

Serven, Luis - Economics Research, World Bank Group - 1996

A recent but rapidly growing empirical literature focuses on the relationship between public and private capital. But for the most part, it ignores the heterogeneity of public investment. In many countries, especially in the developing world, public investment includes not only basic...

Persistent link: https://www.econbiz.de/10005079546

Methods for measuring the effect of adjustment policies on income distribution

Maasland, Anne - Economics Research, World Bank Group - 1990

The effect of adjustment policies on different groups in the population is an important and complex issue. The distributional implications can have a large influence on the sustainability of programs. In particular, there is a need to identify how different groups in society are affected by an...

Persistent link: https://www.econbiz.de/10005079573

What explains the success or failure of structural adjustment programs?

Dollar, David; Svensson, Jakob - Economics Research, World Bank Group - 1998

In the 1980s development assistance shifted largely from financing investments (such as roads and dams) to promoting policy reform. This change came because of a growing awareness that developing countries were held back more by poor policies than by a lack of finance for investment. After...

Persistent link: https://www.econbiz.de/10005079616

Are the poor less well-insured? Evidence on vulnerability to income risk in rural China

Jalan, Jyotsna; Ravallion, Martin - Economics Research, World Bank Group - 1997

The authors test how well consumption is insured against income risk in a panel of sampled households in rural China. They estimate the risk insurance models by Generalized Method of Moments, treating income and household size as endogenous. Insurance exists for all wealth groups, although the...

Persistent link: https://www.econbiz.de/10005079724

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