Social and Behavioral Sciences Commons^™

Dynamics Of Rural Labour Markets: Evidence From Longitudinal Panel Data In India, A Amarender Reddy

A Amarender Reddy

Given the slow structural transformation of employment in rural areas in India, this paper tries to probe into the structural transformation in semi-arid tropics of India, by using high frequency longitudinal panel data from 1975 to 2010. The results show that, up to early 1980s, structural transformation was very slow and most of the workers dependent on agriculture for their livelihoods. Most of the workers are spent more days in self-employment in agriculture with very few days in paid work. Both men and women have more leisure time during the 1970s compared to early 2000s. However, from 2001 onwards, there …

Foreign Direct Investment And Uncertainty: Implications For Ethiopia, Adugna Lemi, Sisay Asefa

Adugna Lemi

The paper examines the effect of price and exchange rate uncertainty and political instability on the inflow of Foreign Direct Investment (FDI) to selected African economies. Measures of uncertainty of inflation rate and real exchange rate are incorporated by taking the conditional variance of the residual of the Autoregressive (AR) processes of each series. Pooled data result without accounting for country specific factors is misleading. Fixed effects model provides a better explanation of the variation of FDI flow to African economies. The results show that uncertainty in the rate of inflation and political instability constrain the flow of FDI only …

Do Foreign Direct Investment And Foreign Aid Promote Good Governance In Africa?, Adugna Lemi, Blen Solomon, Sisay Asefa

Adugna Lemi

The literature on the roles that governance/political and economic stability play to attract capital flows into African economies has been burgeoning. Good governance, liberalization, infrastructure, incentive packages have been regarded as cures to break the deadlock to reverse the economic plight, to attract inflow of capital and, in some cases, to reverse outflows of African economies. The flow of capital, however, has undesirable side effects on host economies’ working conditions, environmental standard, inequality, and culture, among others. These economic and social external or negative spillover effects are due to the phenomenon of “race-to-the-bottom” where companies invest in economies with lax …

Desarrollo Y Acceso A Telecomunicaciones, Rodrigo Garcia-Verdu

Rodrigo Garcia-Verdu

No abstract provided.

Development Of Generic Key Performance Indicators For Pmbok® Using A 3d Project Integration Model, Craig Langston

Craig Langston

Since Martin Barnes’ so-called ‘iron triangle’ circa 1969, much debate has occurred over how best to describe the fundamental constraints that underpin project success. This paper develops a 3D project integration model for PMBOK® comprising core constraints of scope, cost, time and risk as a basis to propose six generic key performance indicators (KPIs) that articulate successful project delivery. These KPIs are defined as value, efficiency, speed, innovation, complexity and impact and can each be measured objectively as ratios of the core constraints. An overall KPI (denoted as s3/ctr) is also derived. The aim in this paper is to set …

Benchmarking Structural Transformation Across The World, Era Dabla-Norris, Alun H. Thomas, Rodrigo Garcia-Verdu, Yingyuan Chen

Rodrigo Garcia-Verdu

Presentation given at the IMF's Jobs and Growth Seminar on December 13, 2013, based on the IMF Working Paper No. 13/176 with the same name

Loving: Who Can The Irs Regulate?, Robert D. Probasco

Robert Probasco

Brain Drain: Do Economic Conditions “Push” Doctors Out Of Developing Countries?, Edward Okeke

Edward Okeke

Health worker migration is an issue of first order concern in global health policy circles and continues to be the subject of much policy debate. In this paper, we contribute to the discussion by studying the impact of economic conditions on the migration of physicians from developing countries. To our knowledge, this is one of the first papers to do so. A major contribution of this paper is the introduction of a new panel dataset on migration to the US and the UK from 31 sub-Saharan Africa countries. The data spans the period 1975-2004. Using this data, we estimate the …

Discapacidad Y Desarrollo Humano En México: El Servicio Social Universitario Como Estrategia De Mejora, Ramiro Esqueda-Walle

Ramiro Esqueda-Walle

A Note On The Synthesis Of The Satisficing Concept And The Neoclassical Theory, Sergey V. Malakhov

Sergey Malakhov

The development of the neoclassical theory of search bridges the gap between the assumption of the maximizing consumer behavior and the satisficing decision procedure. The paper argues that the consumer satisficing decision procedure results in the equality of the marginal costs of search with its marginal benefit.

Innovación Y Desarrollo Regional En México. Resultados Y Avances Recientes, Luis Gutiérrez Flores, Vicente German-Soto

Vicente German-Soto

Can Higher-Achieving Peers Explain The Benefits To Attending Selective Schools?: Evidence From Trinidad And Tobago, Clement (Kirabo) Jackson

C. Kirabo Jackson

Using exogenous secondary school assignments to remove self-selection bias to schools and peers, I obtain credible estimates of (1) the effect of attending schools with higher-achieving peers, and (2) the direct effect of peer quality improvements within schools, on the same population. While students at schools with higher-achieving peers have better academic achievement, within-school increases in peer achievement improve outcomes only at high-achievement schools. Estimates suggest that peer quality can account for over half of school value-added among the top quartile of schools, but little value-added for other schools. The results reveal some large and important differences by gender.

L’Emploi Informel Dans Les Économies Développées Et En Développement: Quelles Perspectives, Quelles Interventions?, Colin C. Williams

Colin C Williams

Deposit Insurance And Private Capital Inflows: Further Evidence, John Thornton, Yener Altunbaş

John Thornton

We use a simple differences-in-differences technique to exam- ine whether adopting explicit deposit insurance impacts on the scale of private capital inflows to developing economies. We present evidence suggesting that these inflows improved more in countries that adopted deposit insurance than in countries that did not adopt it.

La Croissance Élevée Récente De L’Afrique Subsaharienne Est-Elle Soutenable?, Rodrigo Garcia-Verdu

Rodrigo Garcia-Verdu

No abstract provided.

The Dollars And Sense Of Coastal Valuation In Australia, David Anning, Geoff Withycombe, Dale Dominey-Howes, Michael Raybould

Michael Raybould

No abstract provided.

Beach And Surf Tourism And Recreation In Australia: Vulnerability And Adaptation, Michael Raybould, David Anning, Dan Ware, Neil Lazarow

Michael Raybould

No abstract provided.

Beach, Sun And Surf Tourism, Neil Lazarow, Michael Raybould, David Anning

Michael Raybould

Beaches are arguably the most valuable of coastal tourism assets. Around beaches, communities develop and tourism markets expand, often resulting in intimate human interaction with diverse environments. This chapter provides an overview of economic research on beach and surf recreation and tourism in existing and expanding markets, including a description of the techniques most commonly used to estimate the economic impact and value of beach recreation and some of the challenges around developing accurate estimates of use and value. Better understanding of the drivers and values for beach and surf tourism is an important consideration for optimal management of coastal …

A Travel Cost Model Of Local Residents' Beach Recreation Values On The Gold Coast, Michael Raybould, Neil Lazarow, David Anning, Dan Ware, Boyd Blackwell

Michael Raybould

The beach is generally recognised as the most important recreation amenity in the region for Gold Coast residents, as well as tourists. However, there is very little data to support the role that this amenity plays in the life of over 500,000 (ABS 2011) Gold Coast residents. This paper reports the results of a survey that set out to collect data from Gold Coast residents regarding their beach use and the values they associate with the beach, and to develop estimates of the economic value of the beach to residents. A mail survey of 8,000 households resulted in 1,862 responses. …

Beaches As Societal Assets: Council Expenditure, Recreational Returns, And Climate Change, Boyd Blackwell, Michael Raybould, Neil Lazarow

Michael Raybould

Drawing on expenditure and survey data from the Gold and Sunshine Coasts in Queensland, Australia, this chapter compares expenditures on beaches relative to their recreational benefits. Beaches are found to be exceptional investments. The comparison of the two councils also provides insights into their relative capacity to adapt to the adverse impacts of climate change. The Gold Coast can rely to some extent on historical large investments in infrastructure to defend itself against change. In contrast, the Sunshine Coast has more options which may lower the cost of adaptation e.g., it can rely more heavily on retreating from change in …

Behavioural Responses To Beach Erosion And Climate Change, David Anning, Michael Raybould, Dan Ware, Neil Lazarow

Michael Raybould

No abstract provided.

Is A Wide Beach More Valuable? -The Impact Of The Tweed River Entrance Sand Bypass Project On Nearby Property, Dan Ware, David Anning, Michael Raybould, Neil Lazarow, Rodger Tomlinson

Michael Raybould

No abstract provided.

Valuing Beach And Surf Tourism And Recreation In Australian Sea Change Communities, David Anning, Dan Ware, Michael Raybould, Neil Lazarow

Michael Raybould

Many of Australia’s iconic sandy beaches are already under pressure due to coastal development and the impacts of severe storm or flood events. These impacts are likely to be exacerbated by projected climate changes such as elevated water levels and potentially increased storm intensity. Beaches provide important recreation services for both residents and tourists but few studies in Australia have attempted to place economic values on this service. Thus, coastal authorities that are forced to make investment decisions relating to beach protection and restoration have insufficient data to conduct cost-benefit evaluations of projects where recreation values are significant. This paper …

Estimating Consumer Surplus Values For Beach Recreation In Australia Using Travel Cost Methods, Michael Raybould, David Anning, Dan Ware, Neil Lazarow

Michael Raybould

No abstract provided.

On The Empirical Failure Of Expected Utility, Shyam Sunder

Shyam Sunder

No abstract provided.

Earnings Response Coefficients Of Oecd Banks: Tests Extended To Include Bank Risk Factors, Mohamed Ariff, Cheng Fan Fah, Soh Wei Ni

Mohamed Ariff

We investigate two issues: Do share prices of banks in European markets respond to unexpected accounting earnings disclosures? Are share prices as well as unexpected earnings changes correlated with bank-relevant risk factors? Results reveal that bank share prices respond to unexpected earnings changes at the time of accounting reports in the same manner as the shares of the more widely-researched non-bank firms. Apart from finding significant earnings response coefficients in eight countries, we find that credit risk, price risk, exchange rate risk, and solvency risk are significantly correlated with share price changes. Third, three bank risk factors are significantly correlated …

The Role Of Family Ties In Mitigating Moral Hazard: Firm-Level Evidence From Tamil Nadu, India, Goldie Chow

Goldie Chow

Drawing on firm-level data from the district of Coimbatore in Tamil Nadu, India, this study explores the role of family ties as a means to counteract potential moral hazard concerns. It is shown that firms will be more likely to employ family relations when faced with a higher hidden context for moral hazard. Specifically, the analysis finds that the presence of family members within the firm is higher when the firm provides general training and that firms that are more likely to do external business with family relations when it is believed that the legal system is not effective. Additionally, …

Ricardian Rent Explains Costs Of Elite Colleges, Lester G. Telser

Lester G Telser

Investor Responses To Dividends Received Deductions: Rewarding Multinational Tax Avoidance?, Sebastien J. Bradley

Sebastien J Bradley

Central to the debate over U.S. international tax reform is understanding how multinational tax avoidance behavior might respond to a reduction in taxes on repatriated foreign-source earnings. Beginning in early 2009, several attempts have been made to re-institute a temporary 85 percent dividends received deduction that would have reduced such taxes for U.S. multinational corporations. Despite an intense lobbying effort, the measure was ultimately cast aside in late 2011, temporarily yielding to the criticism, in part, that the original such provision enacted under the American Jobs Creation Act of 2004 offered a generous reward for international tax avoidance. Exploiting the …

Airline Network Effects And Consumer Welfare, Daniel L. Rubinfeld, Mark Israel, Bryan Keating, Bobby Willig

Daniel L. Rubinfeld

In this paper we develop a methodology to quantify the value to consumers of the non-price characteristics of airline networks. Our research demonstrates that analyses that ignore the quality effects associated with expanded airline networks generate incorrect findings and thus should not form the basis for policy decisions regarding airline transactions. Appropriately incorporating quality effects into quality-adjusted fares reverses the conclusion that hub airports yield lower consumer welfare due to generally higher fares than other airports. From the perspective of consumer welfare in this industry, to evaluate potential airline mergers, alliances, slot swaps or other transactions, one should not focus …