19 results on '"LABOR INPUTS"'
Search Results
2. The Impact of Fixed Asset Investments on the Productivity of Production Factors in Agriculture.
- Author
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Szymańska, Elżbieta Jadwiga and Dziwulski, Mariusz
- Published
- 2021
- Full Text
- View/download PDF
3. If Women Hold Up Half the Sky, How Much of the World’s Food Do They Produce?
- Author
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Doss, Cheryl, Quisumbing, Agnes R., editor, Meinzen-Dick, Ruth, editor, Raney, Terri L., editor, Croppenstedt, André, editor, Behrman, Julia A., editor, and Peterman, Amber, editor
- Published
- 2014
- Full Text
- View/download PDF
4. Limited environmental and yield benefits of intercropping practices in smallholder fields: Evidence from multi-source data.
- Author
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Li, Chengxiu, Kambombe, Oscar, Chimimba, Ellasy Gulule, Fawcett, Dominic, Brown, Luke A., Yu, Le, Gadedjisso-Tossou, Agossou, and Dash, Jadunandan
- Subjects
- *
INTERCROPPING , *FARMERS , *CATCH crops , *PEARSON correlation (Statistics) , *AGRICULTURE , *TUKEY'S test - Abstract
To ensure food security in sub-Saharan Africa, it is necessary to improve crop yields while minimizing environmental impacts. Intercropping has been demonstrated to deliver such outcomes, but their performance in smallholder fields has received limited attention therefore insufficient to capture the complexity of real-world crop fields run by smallholder farmers. This study examines the benefits and management of intercropping practices in real smallholder fields in Malawi. We collected field data on intercrop types, the number of intercropped species and maize yield in intercropped maize fields. Field data was then combined with geospatial and household survey data to investigate the yield benefits, agricultural inputs, and factors related to intercropping choices. We used Pearson correlation and Tukey's test to test the statistical significance in the difference between intercropped fields and monoculture fields. We found that more intercrops were planted in fields with smaller sizes, drier conditions, and higher soil erosion levels, with adoption rates increasing from 75 % in 2010 to 84 % in 2020. In addition, our field data shows that intercropping is associated with reduced primary maize yield (2.7 t/ha) compared to pure maize yield (3.8 t/ha). Conversely, satellite data demonstrates an improvement in overall field yield in intercropped fields. Meanwhile, intercropped fields require higher labor inputs (11 h more per season) and increased weeding times than monocultures, however agrochemical inputs (fertilizers and pesticides) do not necessarily decrease in intercropped fields compared to monocultures. Our results suggest that while smallholder farmers in Malawi adopt intercropping to improve land use efficiency, drought resilience, and soil fertility, they are not realizing the full benefits observed in experimental trials. More evidence on the benefits and best practices of intercropping in smallholder fields is necessary in order to better understand this practice as an option for sustainable intensification. • We studied the benefits and inputs of intercropping in fields managed by smallholder farmers throughout Malawi. • Intercropping led to reduced maize yield but increased overall field yield. • Intercropped fields need more labor and weeding, but similar agrochemical inputs as monocultures. • Smallholder farmers are not realizing the complete benefits of intercropping observed in experimental trials. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
5. The Role of Ethnobotanical Skills and Agricultural Labor in Forest Clearance: Evidence from the Bolivian Amazon.
- Author
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Reyes-García, Victoria, Pascual, Unai, Vadez, Vincent, and Huanca, Tomás
- Subjects
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FOREST conservation , *ETHNOBOTANY , *AGRICULTURAL laborers , *NATURAL resources management areas - Abstract
Research on the benefits of local ecological knowledge for conservation lacks empirical data on the pathways through which local knowledge might affect natural resources management. We test whether ethnobotanical skills, a proxy for local ecological knowledge, are associated to the clearance of forest through their interaction with agricultural labor. We collected information from men in a society of gatherers-horticulturalist, the Tsimane' (Bolivia). Data included a baseline survey, a survey of ethnobotanical skills ( n = 190 men), and two surveys on agricultural labor inputs ( n = 466 plots). We find a direct effect of ethnobotanical skills in lowering the extent of forest cleared in fallow but not in old-growth forest. We also find that the interaction between ethnobotanical skills and labor invested in shifting cultivation has opposite effects depending on whether the clearing is done in old-growth or fallow forest. We explain the finding in the context of Tsimane' increasing integration to the market economy. [ABSTRACT FROM AUTHOR]
- Published
- 2011
- Full Text
- View/download PDF
6. Assessment of the constructability of the solutions for built-up roofs on profiled flooring with the account for the minimum thermal requirements
- Author
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Khokhrіakova, D. and Shamrina, G.
- Subjects
покрівлі ,конструктивно-технологічні рішення ,металевий настил ,трудомісткість ,вартість ,опір теплопередачі ,термічно неоднорідні конструкції ,technical ,технічні науки ,roofs ,design and technology solutions ,profiled flooring ,labor inputs ,cost ,resistance to heat transfer ,thermally inhomogeneous structures - Abstract
The classification of the built-up roof constructive solutions by the profiled flooring has been proposed. The field of research was limited by the following options for constructive-technological solutions: with polymer membrane roof covering; with polymer membrane roof covering and combined insulation; with two-layer roof covering and sheet-backed coat from asbestos-cement plates; with a profiled flooring roofing. The thickness of the roof insulation layer was determined as that of thermally inhomogeneous structures in accordance with the minimum requirements of DBN V.2.6-31: 2016. The labor inputs and the roofing installing cost for accepted options were determined in accordance with RECN. Based on the research findings, the option of roofing on profiled flooring with a polymer membrane covering and combined insulation has been defined as the most rational., Запропонована класифікація конструктивних рішень суміщених покрівель по металевому настилу. Область досліджень обмежено такими варіантами конструктивно-технологічних рішень: з покрівельним килимом з полімерної мембрани; з покрівельним килимом з полімерної мембрани і комбінованим утепленням; з двошаровим покрівельним килимом зі збірною стяжкою з азбоцементної плити; з покрівлею із стальних листів. Визначена товщина шару теплоізоляції покрівель як для термічно неоднорідних конструкцій відповідно до мінімальних вимог ДБН В.2.6-31:2016. Трудомісткість і вартість улаштування покрівлі за варіантами визначені відповідно до РЕКН. За результатами досліджень найбільш раціональним є варіант покрівлі по профільованому настилу з покрівельним килимом з полімерної мембрани і комбінованим утепленням.
- Published
- 2019
7. How Much Labor Do South African Exports Contain?
- Author
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Cali, Massimiliano and Hollweg, Claire H.
- Subjects
INCLUSIVE GROWTH ,LABOR CONTENT ,LABOR COMPENSATION ,GLOBAL VALUE CHAIN ,LABOR INPUTS ,JOB-INTENSIVE GROWTH ,SKILLED LABOR ,health care economics and organizations ,EXPORT DIVERSIFICATION - Abstract
Like many emerging economies, South Africa has identified exports as an engine for more inclusive, job-intensive growth. However, employment growth did not follow the substantial export growth that South Africa experienced in the 2000s. This paper uses a newly developed World Bank database -- the Labor Content of Exports -- to show that the composition of South Africa's export growth helps to understand the weak relationship between export and employment growth. Minerals exports, which propelled export as well as wage growth, are not job intensive and as a result supported far less job growth. Minerals have also increasingly become an enclave sector with few backward linkages to the domestic economy. In contrast, manufacturing exports support jobs and wages primarily in input-providing sectors, where indirect manufacturing employment is nearly 4.5 times greater than direct manufacturing employment. The paper also documents a shift in the labor content of global value chain–intensive manufacturing sectors away from direct manufacturing to indirect services. Such a shift has been biased toward skilled labor. As a results of these trends, labor in services sectors has been the main beneficiary of South Africa's export growth, absorbing more than half of the growth in wage income from exports over the 2000s, primarily by supplying inputs to other sectors' exports.
- Published
- 2017
8. Republic of Cameroon : Priorities for Ending Poverty and Boosting Shared Prosperity
- Author
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World Bank Group
- Subjects
ECONOMIC CONSEQUENCES ,PRODUCERS ,ECONOMIC GROWTH ,DRYLANDS ,NATURAL MONOPOLIES ,ADMINISTRATIVE PROCEDURES ,TRANSACTION COSTS ,TERMS OF TRADE ,POLICY MAKERS ,LAND USE ,COMPOST ,POPULATION GROWTH ,AGRICULTURAL PRODUCTION ,HIGH UNEMPLOYMENT ,NATURAL CAPITAL ,UNEMPLOYMENT ,VALUES ,RESOURCE ALLOCATION ,LABOR PRODUCTIVITY ,QUOTAS ,DISPOSABLE INCOME ,CLIMATIC CONDITIONS ,ELECTRICITY DEMAND ,OIL ,INCENTIVES ,OPTIONS ,TAX REFORMS ,PRODUCTION COSTS ,BASIC METALS ,POLICY DECISIONS ,METALS ,MINES ,LABOR COSTS ,UNSAFE DRINKING WATER ,CROPPING SYSTEMS ,SUBSIDIES ,FISHING ,FOREST MANAGEMENT ,QUALITY STANDARDS ,INTERMEDIATE GOODS ,RESOURCE MANAGEMENT ,DEMOGRAPHIC TRANSITION ,TAX REVENUE ,FISH ,POLLUTION ,FARMS ,PRICES ,WAGES ,OIL RESERVES ,RAINFALL VARIABILITY ,LIVESTOCK PRODUCTS ,TIMBER ,EXPLOITATION ,PURCHASING POWER ,PROPERTY RIGHTS ,NATIONAL INCOME ,IMPORT QUOTAS ,DECISION MAKING ,ENVIRONMENT ,PUBLIC EXPENDITURES ,DRINKING WATER ,GOVERNMENT EXPENDITURES ,CONSUMPTION ,ENVIRONMENTAL ,DEBT ,FISHING GROUNDS ,FOOD PRODUCTION ,TRADE ,EQUILIBRIUM ,SUSTAINABLE DEVELOPMENT ,LIVING CONDITIONS ,PROPERTY ,ENVIRONMENTS ,ECONOMIC DEVELOPMENT ,DIVIDENDS ,RESOURCES ,DEMAND ,PUBLIC GOOD ,PRODUCTIVITY GROWTH ,CLIMATE CHANGE ,MARKET PRICES ,ECONOMIC ACTIVITY ,SCIENTIFIC KNOWLEDGE ,STRUCTURAL ADJUSTMENT ,ARABLE LAND ,POLICY ENVIRONMENT ,AUDITS ,ELECTRICITY GENERATION ,PRICE SETTING ,EMPIRICAL ANALYSIS ,ECONOMIES ,ACCESS TO INFORMATION ,AGGREGATE DEMAND ,TARIFFS ,CAPITAL MARKETS ,CARTELS ,HEALTH PROBLEMS ,ECONOMIC IMPACT ,ENVIRONMENTAL DEGRADATION ,OIL PRICES ,AIR POLLUTION ,OPPORTUNITY COSTS ,REVENUE ,ECONOMIC POLICIES ,TAXES ,EQUITY ,RURAL COMMUNITIES ,SOIL DEGRADATION ,LAND ,EFFICIENCY ,OIL SECTOR ,COMPETITION ,PROFITS ,AGRICULTURAL OUTPUT ,CREDIT ,EXPENDITURES ,CONCEPTUAL FRAMEWORK ,COMMERCIAL BANKS ,CONDITIONALITY ,LABOR INPUTS ,FORESTRY ,EXPECTATIONS ,ECONOMICS ,POPULATION PRESSURES ,COMPARATIVE ADVANTAGE ,ECONOMIC PROBLEMS ,NATURAL RESOURCES ,PUBLIC GOODS ,LABOR FORCE ,ECONOMIES OF SCALE ,REVENUES ,DEFORESTATION - Abstract
Cameroon is a lower-middle income country with social indicators and levels of poverty which are below those for comparator countries. Large and rising inequalities between north and south, inefficiencies in public resource allocation and an adverse business environment explain this. While insecurity due to Boko Haram activities and rapidly rising public debt constrain efforts at poverty reduction, there exists a huge potential for economic growth and poverty reduction. This potential remains mostly untapped. Realizing it will require far reaching reforms, particularly with respect to the business environment and public financial management, and require politically courage to accomplish. The remainder of this document explores how to achieve the twin goals of ending poverty and improving shared prosperity by 2030 in a sustainable manner. The document identifies a limited number of binding constraints which would need to be lifted to achieve the poverty objective. The next four chapters present background material to chapter six, which presents binding constraints to poverty reduction. The micro-foundations to poverty reduction are discussed in chapters two and three. Chapter two discusses poverty, equity and vulnerability. Chapter three discusses human capital and its role in poverty reduction. Chapter four considers poverty reduction from a macro-economic perspective. It discusses opportunities for growth and economic transformation as well as the status of various cross-cutting economic services. Chapter five, considers governance, fragility and the institutional environment. Binding constraints to sustainable poverty reduction are identified in chapter six.
- Published
- 2016
9. Retaking the Path to Inclusion, Growth and Sustainability : Brazil Systematic Country Diagnostic
- Author
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World Bank Group
- Subjects
ENVIRONMENTAL RISK ,ECONOMIC CIRCUMSTANCES ,ECONOMIC CONSEQUENCES ,PRODUCERS ,TAX RATES ,MARKET COMPETITION ,SUSTAINABLE MANAGEMENT ,RIVER BASINS ,MARGINAL PRODUCT ,ECONOMIC GROWTH ,FINANCIAL TRANSFERS ,ECONOMIC BEHAVIOR ,DURABLE GOODS ,LOGGING ,TERMS OF TRADE ,TRANSACTION COSTS ,EXTERNALITIES ,PRODUCTION PLANNING ,WAGE DIFFERENTIALS ,POLICY MAKERS ,LAND USE ,POPULATION GROWTH ,EMISSIONS ,AGRICULTURAL PRODUCTION ,NATURAL CAPITAL ,UNEMPLOYMENT ,VALUES ,LABOR PRODUCTIVITY ,RESOURCE ALLOCATION ,DISPOSABLE INCOME ,CLIMATIC CONDITIONS ,WATER POLLUTION ,OIL ,INCENTIVES ,GLOBAL INTEREST ,PRODUCTION COSTS ,OPTIONS ,PRODUCTION PROCESSES ,POLICY DECISIONS ,ENTITLEMENTS ,METALS ,MINES ,LABOR COSTS ,RISK MANAGEMENT ,TECHNOLOGICAL CHANGE ,MODELS ,SUBSIDIES ,BALANCE OF PAYMENTS ,FISHING ,TAX REFORM ,FOREST MANAGEMENT ,QUALITY STANDARDS ,INTERMEDIATE GOODS ,RESOURCE MANAGEMENT ,SULFUR DIOXIDE ,REAL WAGES ,LAND PRODUCTIVITY ,DEMOGRAPHIC TRANSITION ,TAX REVENUE ,POLLUTION ,FARMS ,PRICES ,WAGES ,AGRICULTURAL SUBSIDIES ,TIMBER ,EXPLOITATION ,PURCHASING POWER ,PROPERTY RIGHTS ,NATIONAL INCOME ,EMPIRICAL STUDIES ,ECONOMIC SITUATION ,SCIENTIFIC RESEARCH ,CARBON EMISSIONS ,DECISION MAKING ,ENVIRONMENT ,PUBLIC EXPENDITURES ,DRINKING WATER ,GOVERNMENT EXPENDITURES ,EFFLUENTS ,CONSUMPTION ,FINANCIAL SUBSIDIES ,COMPLIANCE COSTS ,ENVIRONMENTAL ,DEBT ,PATENTS ,FOOD PRODUCTION ,WASTE MANAGEMENT ,TRADE ,EMISSION REDUCTIONS ,ASYMMETRIC INFORMATION ,EQUILIBRIUM ,POPULATION DENSITIES ,DEMOGRAPHICS ,PERVERSE INCENTIVES ,ENVIRONMENTAL MANAGEMENT ,ECONOMIC CONDITIONS ,SUSTAINABLE DEVELOPMENT ,LIVING CONDITIONS ,PROPERTY ,EMPIRICAL EVIDENCE ,ENVIRONMENTS ,ECONOMIC DEVELOPMENT ,ENVIRONMENTAL REGULATIONS ,RESOURCES ,DIVIDENDS ,DEMAND ,DEVELOPED COUNTRIES ,PRIVATE CONSUMPTION ,PRODUCTIVITY GROWTH ,CLIMATE CHANGE ,INPUT USE ,TAX SYSTEMS ,ECONOMIC ACTIVITY ,CORPORATE INCOME TAXES ,STRUCTURAL ADJUSTMENT ,ARABLE LAND ,COST BENEFIT ANALYSIS ,POLLUTERS ,POLICY ENVIRONMENT ,CARBON ,AUDITS ,ENVIRONMENTAL POLICY ,ENVIRONMENTAL RESOURCES ,PRODUCTION FUNCTIONS ,POLITICAL ECONOMY ,DEBT INTEREST ,RESOURCE USE ,ENVIRONMENTAL PERFORMANCE ,ECONOMIES ,AGGREGATE DEMAND ,ACCESS TO INFORMATION ,BARRIERS TO ENTRY ,TARIFFS ,CAPITAL MARKETS ,CARTELS ,SUSTAINABLE GROWTH ,CANCER ,BENEFIT ANALYSIS ,ECONOMIC IMPACT ,ENVIRONMENTAL DEGRADATION ,OIL PRICES ,AIR POLLUTION ,INDUSTRIAL WATER ,EMISSION REDUCTION ,LAND RESOURCES ,REVENUE ,ECONOMIC POLICIES ,CERTAIN EXTENT ,TAXES ,EQUITY ,RURAL COMMUNITIES ,GOVERNMENT SECURITIES ,LAND ,EFFICIENCY ,CAPITAL GOODS ,OIL SECTOR ,COMPETITION ,PROFITS ,SOCIAL COSTS ,MARKET DISTORTIONS ,AGRICULTURAL OUTPUT ,CREDIT ,ENVIRONMENTAL IMPACTS ,EXPENDITURES ,ENVIRONMENTAL COSTS ,SECURITIES ,COMMERCIAL BANKS ,HEAVY METALS ,SUSTAINABLE USE ,LABOR INPUTS ,POLICY INSTRUMENTS ,FISCAL POLICIES ,LABOR MARKETS ,REDUCING EMISSIONS ,FORESTRY ,EXPECTATIONS ,ECONOMICS ,AIR QUALITY ,CLIMATE CHANGE NEGOTIATIONS ,CAPITAL FORMATION ,NATURAL RESOURCES ,PUBLIC GOODS ,LABOR FORCE ,ECONOMIES OF SCALE ,REVENUES ,POLLUTION LEVELS ,ENVIRONMENTAL POLICIES ,CPI ,ENVIRONMENTAL PROTECTION ,WASTE DISPOSAL ,DEFORESTATION ,POTENTIAL INVESTORS ,ALLOCATIVE EFFICIENCY - Abstract
Bleak short-term economic outlook raises the risk that social and environmental achievements may not be sustained. The changed economic circumstances have exposed shortcomings in Brazil’s development model, epitomized by the struggle to achieve a sustainable fiscal policy. Against this background, some Brazilians are now asking whether the gains of the past decade might have been an illusion, created by the commodity boom, but unsustainable in today’s less forgiving international environment. Brazil thus finds itself at an important juncture and, to a certain extent, the policy course set today will determine whether the country can sustain the gains of the past and return to a path of solid, inclusive and environmentally sustainable growth. This Systematic Country Diagnostic offers a contribution to the debate about Brazil’s future development.
- Published
- 2016
10. Slowdown in Emerging Markets : Rough Patch or Prolonged Weakness?
- Author
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Didier, Tatiana, Kose, M. Ayhan, Ohnsorge, Franziska, and Ye, Lei Sandy
- Subjects
ECONOMIC CONSEQUENCES ,INVESTMENT ,CAPITAL FLOWS ,GROWTH RATES ,DEMOGRAPHIC ,ECONOMIC GROWTH ,SHARE OF WORLD OUTPUT ,DURABLE GOODS ,WORLD TRADE ,DISCOUNT RATES ,GOVERNMENT DEBT ,COMMODITY ,TERMS OF TRADE ,INTERNATIONAL CAPITAL MARKETS ,EMERGING MARKET ,ECONOMIC GROWTH ,MARKET ECONOMIES ,POPULATION GROWTH ,UNEMPLOYMENT ,INCOME ,EXPORT GROWTH ,GLOBAL RISKS ,INFRASTRUCTURE INVESTMENT ,VALUES ,RESOURCE ALLOCATION ,LABOR PRODUCTIVITY ,FINANCIAL CRISIS ,URBANIZATION ,WORLD DEVELOPMENT INDICATORS ,OIL ,INCENTIVES ,BALANCE SHEETS ,INVESTORS ,OPTIONS ,E60 ,FINANCIAL MARKET ,PRODUCTION PROCESSES ,PRIVATE CAPITAL FLOWS ,METALS ,OPEC ,ADVANCED ECONOMY ,EMERGING MARKETS ,EXPOSURES ,GLOBAL INVESTORS ,MODELS ,EMERGING ECONOMIES ,BALANCE OF PAYMENTS ,SUBSIDIES ,TAX REFORM ,GLOBAL OUTPUT ,BUSINESS CYCLES ,GOVERNANCE INDICATORS ,PRICES ,WAGES ,GLOBAL ECONOMY ,PURCHASING POWER ,PROPERTY RIGHTS ,ENERGY TAXES ,DEREGULATION ,BANKING ,NATIONAL INCOME ,ENVIRONMENT ,MONETARY POLICY ,CONSUMPTION ,FISCAL DEFICITS ,INTEREST RATES ,PRIVATE CAPITAL ,ENVIRONMENTAL ,DEBT ,DISINFLATION ,TRADE ,POWER OUTAGES ,EQUILIBRIUM ,TECHNOLOGICAL CHANGES ,ECONOMIC CONDITIONS ,INTERNATIONAL BEST PRACTICE ,SUSTAINABLE DEVELOPMENT ,PROPERTY ,DEBTS ,MARKET VOLATILITY ,IRREVERSIBILITY ,ENVIRONMENTS ,ECONOMIC DEVELOPMENT ,O43 ,MONETARY POLICIES ,DIVIDENDS ,RESOURCES ,DEVELOPED COUNTRIES ,DEMAND ,PRIVATE CONSUMPTION ,PRODUCTIVITY GROWTH ,EXPANSIONARY FISCAL POLICY ,INVESTMENT CLIMATE ,DEVELOPING ECONOMIES ,ECONOMIC ACTIVITY ,ADVANCED ECONOMIES ,SCIENTIFIC KNOWLEDGE ,structural reforms ,CURRENCIES ,COAL ,POLITICAL ECONOMY ,BUSINESS ENVIRONMENT ,MULTIPLIERS ,EXCHANGE ,ENERGY CONSUMPTION ,ECONOMIES ,AGGREGATE DEMAND ,CAPITAL MARKETS ,GOVERNANCE ,GLOBAL FINANCIAL MARKET ,INTERNATIONAL TRADE ,STOCK INDEXES ,GLOBAL ECONOMIC PROSPECTS ,FISCAL POLICY ,FINANCIAL SYSTEM ,OUTPUT ,OIL PRICES ,TERMS‐OF‐TRADE ,F43 ,CURRENCY ,TECHNOLOGICAL PROGRESS ,TAXES ,EQUITY ,BOND ,GOVERNMENT SECURITIES ,LAND ,EFFICIENCY ,CAPITAL GOODS ,ECONOMIC EFFECTS ,STRUCTURAL UNEMPLOYMENT ,O4 ,ECONOMISTS ,CREDIT ,EXPENDITURES ,COMMODITY PRICES ,MACROECONOMIC POLICY ,SECURITIES ,FUTURE ,ddc:330 ,LABOR INPUTS ,FISCAL POLICIES ,INFLATION‐TARGETING ,CENTRAL BANKS ,LABOR MARKETS ,EMERGING MARKET ECONOMIES ,WORLD ECONOMY ,EXPECTATIONS ,DATA AVAILABILITY ,growth slowdown ,ECONOMICS ,INTEREST ,policy space ,NATURAL RESOURCES ,LABOR FORCE ,REVENUES ,ADVERSE EFFECTS ,SHARE ,INTEREST RATE ,F6 ,CAPITAL CONSTRAINTS ,VOLATILITY ,INTERNATIONAL CAPITAL - Abstract
A synchronous growth slowdown has been underway in emerging markets (EM) since 2010. Growth in these countries is now markedly slower than, not just the pre‐crisis average, but also the long‐term average. As a group, EM growth eased from 7.6 percent in 2010 to 4.5 percent in 2014, and is projected to slow further to below 4 percent in 2015. This moderation has affected all regions (except South Asia) and is the most severe in Latin America and the Caribbean. The deceleration is highly synchronous across countries, especially among large EM. By 2015, China, Russia, and South Africa had all experienced three consecutive years of slower growth. The EM‐AE growth differential has narrowed to two percentage points in 2015, well below the 2003‐08 average of 4.8 percentage points and near the long‐term average differential of 1990‐2008. The recent slowdown in EM has been a source of a lively debate, as evident from the quotations at the beginning of this note. Some economists paint a bleak picture for the future of EM and argue that the impressive growth performance of EM prior to the crisis was driven by temporary commodity booms and rapid debt accumulation, and will not be sustained. Others emphasize that a wide range of cyclical and structural factors are driving the slowdown: weakening macroeconomic fundamentals after the crisis; prospective tightening in financial conditions; resurfacing of deep‐rooted governance problems in EM; and difficulty adjusting to disruptive technological changes. Still others highlight differences across EM and claim that some of them are in a better position to weather the slowdown and will likely register strong growth in the future. This policy research note seeks to help move the debate forward by examining the main features, drivers, and implications of the recent EM slowdown and provides a comprehensive analysis of available policy options to counteract it.
- Published
- 2015
11. The Extractive Industries Sector : Essentials for Economists, Public Finance Professionals, and Policy Makers
- Author
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Halland, Havard, Lokanc, Martin, Nair, Arvind, and Kannan, Sridar Padmanabhan
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PRODUCERS ,TAX RATES ,MARKET POWER ,COMPLEX TASK ,NATIONAL ACCOUNTING ,ECONOMIC GROWTH ,ECONOMIC BEHAVIOR ,ADMINISTRATIVE PROCEDURES ,TRANSACTION COSTS ,ELASTICITIES ,POLICY MAKERS ,LAND USE ,EMISSIONS ,AGRICULTURAL PRODUCTION ,NATURAL CAPITAL ,UNEMPLOYMENT ,GEOLOGICAL DATA ,VALUES ,QUOTAS ,OIL ,INCENTIVES ,OPTIONS ,PRODUCTION COSTS ,INTERGENERATIONAL EQUITY ,METALS ,MINES ,PRICE ELASTICITY OF DEMAND ,ENVIRONMENTAL ACCOUNTING ,OPEC ,RISK MANAGEMENT ,MARGINAL COST ,TECHNOLOGICAL CHANGE ,MODELS ,BALANCE OF PAYMENTS ,SUBSIDIES ,MARGINAL COSTS ,INTERMEDIATE GOODS ,RESOURCE MANAGEMENT ,CHANGE IN DEMAND ,TAX REVENUE ,POLLUTION ,FARMS ,PRICES ,WAGES ,OIL RESERVES ,EXPLOITATION ,PURCHASING POWER ,STREAMS ,PROPERTY RIGHTS ,CAPITAL GAINS ,DECISION MAKING ,ENVIRONMENT ,PUBLIC EXPENDITURES ,CONSUMPTION ,ENVIRONMENTAL ,DEBT ,WASTE MANAGEMENT ,TRADE ,ENVIRONMENTAL ISSUES ,PRICE CHANGES ,ENVIRONMENTAL MANAGEMENT ,ECONOMIC CONDITIONS ,SUSTAINABLE DEVELOPMENT ,PROPERTY ,EMPIRICAL EVIDENCE ,RECLAMATION ,ECONOMIC DEVELOPMENT ,GOVERNMENT REGULATIONS ,COST-BENEFIT ANALYSES ,ENVIRONMENTAL REGULATIONS ,ECONOMIC RENTS ,DIVIDENDS ,RESOURCES ,DEVELOPED COUNTRIES ,DEMAND ,PRIVATE CONSUMPTION ,PUBLIC GOOD ,CLIMATE CHANGE ,DEMAND CURVES ,MARKET PRICES ,TAX SYSTEMS ,ECONOMIC ACTIVITY ,CHLORINE ,AUDITS ,COAL ,REPLACEMENT COSTS ,POLITICAL ECONOMY ,POLLUTION PERMITS ,WETLANDS ,ECONOMIES ,SUPPLY CURVES ,BARRIERS TO ENTRY ,CAPITAL MARKETS ,CARTELS ,BENEFIT ANALYSIS ,HEALTH PROBLEMS ,ECONOMIC IMPACT ,THEORETICAL MODELS ,OPPORTUNITY COSTS ,OIL REFINERIES ,REVENUE ,TAXES ,EQUITY ,OPTION VALUE ,ECONOMIC VALUE ,LAND ,EFFICIENCY ,RECYCLING ,OIL SECTOR ,ASSET VALUATION ,ECONOMIC EFFECTS ,ECONOMIC_IMPACT ,PROFITS ,SOCIAL COSTS ,ECONOMISTS ,CREDIT ,FIXED COSTS ,ENVIRONMENTAL IMPACTS ,EXPENDITURES ,PRODUCTION TECHNOLOGY ,ENVIRONMENTAL COSTS ,SECURITIES ,FINANCIAL RESOURCES ,LABOR INPUTS ,EXPECTATIONS ,ECONOMIC ANALYSIS ,ECONOMICS ,PRICE CEILINGS ,ELASTICITY OF DEMAND ,COMPARATIVE ADVANTAGE ,NATURAL RESOURCES ,PUBLIC GOODS ,LABOR FORCE ,OLIGOPOLIES ,ECONOMIES OF SCALE ,OLIGOPOLY ,REVENUES ,ENVIRONMENTAL POLICIES ,LAW OF DEMAND ,ENVIRONMENTAL PROTECTION ,PRESENT VALUE ,PRODUCTION PATTERNS ,POTENTIAL INVESTORS ,ENVIRONMENTAL ECONOMICS - Abstract
The extractive industries (EI) sector occupies an outsize space in the economies of many developing countries. Economists, public finance professionals, and policy makers working in such countries are frequently confronted with issues that require an in-depth understanding of the sector. The objective of this volume is to provide a concise overview of EI-related topics these professionals are likely to encounter. The volume provides an overview of issues central to EI economics; discusses key components of the sector’s governance, policy, and institutional frameworks; and identifies the public sector’s EI-related financing obligations. Its discussion of EI economics covers the valuation of subsoil assets, the economic interpretation of ore, and the structure of energy and mineral markets. The volume maps the responsibilities of relevant government entities and outlines the characteristics of the EI sector’s legal and regulatory frameworks. Specific key functions of the sector are briefly discussed, as are the financial structures that underpin environmental and social safeguards; investment of public revenues generated from oil, gas, or minerals; as well as extractive-based economic diversification. The authors hope that decision makers in ministries of finance, international organizations, and other relevant entities will find the study useful to their understanding and analysis of the EI sector.
- Published
- 2015
12. Ecology, History, and Development: A Perspective from Rural Southeast Asia
- Author
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Yujiro Hayami
- Subjects
MARKET COMPETITION ,RURAL DEVELOPMENT ,PRIVATE OWNERSHIP ,Shifting cultivation ,INSTITUTIONAL DEVELOPMENT ,AGRICULTURAL LAND ,COTTAGE INDUSTRIES ,Economics ,AGRICULTURAL TECHNOLOGY ,FOOD POLICY RESEARCH ,WEALTH OF NATIONS ,FARM INCOME ,Ecology ,BANANAS ,Agrarian structure ,Peasant ,COFFEE ,POTATOES ,TROPICAL PRODUCTS ,FERTILIZERS ,TEA INDUSTRY ,Green Revolution ,EXTENSION ,FARMERS ,RICE YIELDS ,SUGAR ,LAND TAXES ,Development ,QUALITY STANDARDS ,LAND PRODUCTIVITY ,TECHNOLOGICAL FACTORS ,CASH CROPS ,EXPLOITATION ,COCONUTS ,PROPERTY RIGHTS ,EXPORT CROPS ,INDIGENOUS PEOPLE ,AGRICULTURAL COMMODITIES ,LONG-TERM CONTRACTS ,ENVIRONMENTAL ,MULTIPLE CROPPING ,FAO ,LAND REFORM ,CASSAVA ,CAPITAL REQUIREMENT ,CROP PRODUCTION ,COCOA ,Cash crop ,STATE ENTERPRISES ,TEXTILES ,LANDLESS LABORERS ,PALM OIL ,ARABLE LAND ,RESOURCE ALLOCATIONS ,PRIVATE PROPERTY ,AGRICULTURAL ECONOMICS ,AGRARIAN REFORM ,POLITICAL ECONOMY ,SPECIALIZATION ,TAXATION ,SEEDLINGS ,TERRACING ,MONOPOLY ,INTERNATIONAL TRADE ,CROPPING ,EQUIPMENT ,OPPORTUNITY COSTS ,TREES ,AGRICULTURAL RESEARCH ,TREE CROPS ,FARMING ,COCONUT OIL ,TROPICAL CROPS ,BANKS ,CULTIVABLE LAND ,LAND DISTRIBUTION ,ECONOMIC HISTORY ,SUGARCANE ,FOOD CROPS ,PUBLIC FINANCE ,VILLAGE COMMUNITIES ,ECOLOGICAL ZONES ,RICE PRODUCTION ,FERTILIZER ,RICE ,REPLANTING ,CULTIVATED LAND ,ECONOMICS ,RAINFED FARMING ,COMPARATIVE ADVANTAGE ,SINGLE CROP ,WATER SUPPLY ,PUBLIC GOODS ,LAWS ,PLANTATIONS ,RICE VARIETIES ,PRIVATE PROPERTY RIGHTS ,ACCOUNTABILITY ,MAIZE ,RICE AREAS ,PRODUCERS ,DRAINAGE ,TAX ,TILLERS ,FARM LAND ,Agrarian reform ,FARM ,FARM PRODUCE ,HARVESTING ,COMMODITY ,TECHNICAL ASSISTANCE ,LAND USE ,POPULATION GROWTH ,AGRICULTURAL PRODUCTION ,KENAF ,PEPPER ,INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE ,OIL ,AGRICULTURAL PRODUCTIVITY ,AGRICULTURAL MARKETING ,Agrarian society ,DISEASES ,COTTON ,OPPORTUNITY COST ,SEEDS ,CROPLAND ,INTEGRATION ,GROSS NATIONAL PRODUCT ,CLOVES ,OLIGARCHY ,ECOLOGY ,RICE MILLING ,FARMS ,WAGES ,RICE RESEARCH ,STREAMS ,COCONUT ,CONTRACT FARMING ,MARKET VALUE ,TEA ,COCONUT PRODUCTS ,DRY SEASON ,CROP ,MARGINAL PRODUCTIVITY ,INTERNATIONAL RICE RESEARCH INSTITUTE ,ECONOMIC DEVELOPMENT ,ENVIRONMENTS ,GREEN REVOLUTION ,CORN ,AUTONOMY ,AGRICULTURE ,AGRICULTURAL DEVELOPMENT ,FREE TRADE ,LAND VALUE ,INCIDENCE OF PESTS ,REPUBLIC ,RICE CULTIVATION ,PRODUCTION FUNCTIONS ,SHARECROPPING ,ACCOUNTING ,INCOME DISTRIBUTION ,ECOLOGICAL FACTORS ,FARMER ,PADDY ,FARM HOUSEHOLDS ,Economy ,ECOLOGICAL CONDITIONS ,LAND RESOURCES ,AGRICULTURAL INTENSIFICATION ,RURAL COMMUNITIES ,TRADE FLOWS ,SOIL DEGRADATION ,Economics and Econometrics ,GNP ,MIGRATION ,AGRIBUSINESS ,AGRICULTURAL OUTPUT ,INTERCROPPING ,Population growth ,LABOR INPUTS ,SMALL PRODUCERS ,AGRICULTURAL PRODUCTS ,AGRICULTURAL LABOR ,PLANTING ,DIVISION OF LABOR ,LIVESTOCK ,COPRA ,TROPICAL RAIN FORESTS ,PRODUCT QUALITY ,AGRICULTURAL PRICING POLICIES ,NATURAL RESOURCES ,LABOR FORCE ,ECONOMIC CHANGE ,ENTREPRENEURSHIP ,CINNAMON ,LAND DEVELOPMENT ,SHIFTING CULTIVATION ,PRODUCE - Abstract
The process by which different ecological conditions and historical trajectories interacted to create different social and cultural systems resulted in major differences in economic development performance within Southeast Asia. In the late 19th century, Indonesia, the Philippines, and Thailand commonly experienced vent-for-surplus development through exploitation of unused lands. Nevertheless, different agrarian structures were created. Indonesia s development was mainly based on the exploitation of tropical rain forest under Dutch colonialism. It resulted in the bifurcation of the rural sector between rice-farming peasant proprietors and large plantations for tropical export crops based on hired labor. In the Philippines, exploitation of the same resource base under Spanish rule resulted in pervasive landlessness among the rural population. Relatively homogeneous landowning peasants continued to dominate in Thailand, where delta plains that were suitable only for rice production formed the resource base for development. These different agrarian structures associated with different social value systems have accounted for differential development performance across the three economies in the recent three decades.
- Published
- 2001
13. Introduction
- Author
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Schwartz, Stuart B., editor
- Published
- 2004
- Full Text
- View/download PDF
14. Účetní a daňové konsekvence zákona o obchodních korporacích
- Author
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Šindelář, Michal, Molín, Jan, and Müllerová, Libuše
- Subjects
limited amount ,labor inputs ,kapitálová společnost ,zálohy na podíl na zisku ,capital company ,komanditní suma ,prepayments on share on profit (prepayments on dividends) ,zákon o obchodních korporacích ,Business corporation act ,vklad práce ,personal company ,osobní společnost ,ComputingMilieux_LEGALASPECTSOFCOMPUTING - Abstract
The diploma thesis deals with the new legal regulation of trading companies. The aim is to present the legal regulation of trading companies and so to connect the Business corporation act with the accounting and tax regulations. The first part presents the basic aspects of the regulation of trading companies in the system of the new legal regulation. It deals with the mutual position of the new Civil code and the Business corporation act and occupies itself with the general reglation of legal persons, that applies to trading companies. This part is being followed with the presentation of general requirements of the Business corporation act. The second part analyses the personal companies, where the special attention is dedicated to deposit duty, that can be paid for by doing work. The last part presents the capital companies and the special attention is dedicated ty paying of prepayments on share on profit (dividends) in these companies. The thesis is completed with a lot of practical examples and diagrams.
- Published
- 2013
15. The impact of chronic lymphatic filariasis on labor inputs in the Niger delta, Nigeria
- Author
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Jude C. Anosike, Beb Nwoke, and Cmu Ajero
- Subjects
Niger delta ,Rural community ,Chronic lymphatic filariasis ,labor inputs ,rural community ,Niger Delta ,Nigeria ,medicine.disease ,Work time ,Southeastern Nigeria ,Chronic disease ,Geography ,Environmental protection ,Partial loss ,parasitic diseases ,medicine ,Socioeconomics ,Lymphatic filariasis - Abstract
The loss of labor and work time in people affected by chronic lymphatic filariasis in six rural communities of the Niger Delta area of Southeastern Nigeria was investigated. The disability caused by this chronic disease resulted in partial loss of work. The mean (standard deviation) time that each of these chronic cases spent on economic activities were significantly less (P< 0.01) than that observed in the controls. Chronic lymphatic filariasis also affected time used for domestic activities, with the mean (SD) between chronic cases and controls being 2.62 (3.25) h/day (t = 6.62, P < 0.01). The difference in labor input was significantly lower in the female cases than in males both during rainy and dry seasons. It as observed that males with chronic filariasis lost 13.5% of the time they could have spent on economic activities (maximum, 7 hours), while affected females lost 10.3% (maximum 6 hours). The loss of labor and labor time coupled with the treatment cost and health burden in communities with poor health care system portray the need to properly prioritize the control/elimination of lymphatic filariasis in the study area. Keywords: Chronic lymphatic filariasis; labor inputs; rural community; Niger Delta; NigeriaInternational Journal of Natural and Applied Sciences Vol. 2 (3) 2006: pp. 246-249
- Published
- 2007
16. How Endowments, Accumulations, and Choice Determine the Geography of Agricultural Productivity in Ecuador
- Author
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Mauricio Leon and Donald F. Larson
- Subjects
MARKET ACCESS ,PRODUCERS ,RETURNS TO SCALE ,GROWTH MODELS ,ECONOMIC GROWTH ,CAPABILITY ,TRANSACTION COSTS ,Economics ,EMPLOYMENT ,TECHNICAL ASSISTANCE ,ELASTICITIES ,Economic geography ,PRODUCTION INPUTS ,LAND USE ,EMAIL ADDRESS ,AGRICULTURAL PRODUCTION ,PRODUCTIVE ASSETS ,SAFETY NETS ,Cross-sectional data ,LABOR PRODUCTIVITY ,INPUT FACTOR ,MANAGERIAL SKILL ,FERTILIZERS ,GROWTH THEORY ,SEASONAL LABOR ,E-MAIL ,PRODUCTIVITY INCREASES ,INTEGRATION ,FARMERS ,CONSTANT RETURNS TO SCALE ,FAMILY LABOR ,INCOMES ,Development ,ECONOMIC SECTORS ,NATURAL ENDOWMENTS ,FARMS ,PROPERTY RIGHTS ,INSTITUTION ,NATIONAL INCOME ,Total factor productivity ,ELASTICITY ,PRODUCTION ELASTICITIES ,ENVIRONMENTAL ,SEASONAL WORKERS ,INCREASING RETURNS TO SCALE ,INCOME LEVELS ,MARGINAL PRODUCTIVITY ,Agriculture ,MARGINAL VALUE ,EXPECTED VALUE ,MARKETING ,ECONOMIC DEVELOPMENT ,Labour economics ,AGRICULTURE ,ROLE OF INSTITUTIONS ,AGRICULTURAL DEVELOPMENT ,ECONOMIC ACTIVITY ,LABOUR ,AGRICULTURAL ECONOMICS ,MANUFACTURING ,ECONOMIC GEOGRAPHY ,PRODUCTION FUNCTIONS ,ENDOGENOUS VARIABLES ,Productivity model ,POLITICAL ECONOMY ,FACTOR MARKETS ,RESULT ,ECONOMETRICS ,USES ,NETWORKS ,MARGINAL PRODUCTS ,SAFETY ,INSURANCE ,Economics and Econometrics ,AGRICULTURAL EDUCATION ,Agricultural education ,INEFFICIENCY ,AGRICULTURAL OUTPUT ,INNOVATIONS ,PRODUCTION TECHNOLOGY ,Accounting ,Small farm ,PRODUCTION QUANTITIES ,GOVERNMENT SERVICES ,LABOR INPUTS ,Agricultural productivity ,POLICY INSTRUMENTS ,CROPS ,ECONOMICS ,business.industry ,RESULTS ,INCREASING RETURNS ,LIVESTOCK ,MOTIVATION ,SOCIAL CAPITAL ,PRODUCTION FUNCTION ,TOTAL FACTOR PRODUCTIVITY ,Rural poverty ,EMPIRICAL RESEARCH ,NEW TECHNOLOGIES ,GENDER ,business ,Finance ,TRANSACTION - Abstract
Spatial disparity in incomes and productivity is apparent across and within countries. Most studies of the determinants of such differences focus on cross-country comparisons or location choice among firms. Less studied are the large differences in agricultural productivity within countries related to concentrations of rural poverty. For policy, understanding the determinants of this geography of agricultural productivity is important, because strategies to reduce poverty often feature components designed to boost regional agricultural incomes. Census and endowment data for Ecuador are used to estimate a model of endogenous technology choice to explain large regional differences in agricultural output and factor productivity. A composite-error estimation technique is used to separate systemic determinants from idiosyncratic differences. Simulations are employed to explore policy avenues. The findings suggest a differentiation between the types of policies that promote growth in agriculture generally and those that are more likely to assist the rural poor.
- Published
- 2006
17. China : Managing Public Expenditures for Better Results
- Author
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World Bank
- Subjects
FOREIGN TRADE ,COMPETITIVE BIDDING ,BUDGET DEFICITS ,TAX RATES ,BANKING SYSTEM ,OPERATING EXPENDITURES ,PUBLIC SECTOR DEFICIT ,PBC ,GOVERNMENT DEBT ,PUBLIC SECTOR PERFORMANCE ,INFLATION ,ETHNIC MINORITIES ,BAD DEBT ,FISCAL DEFICIT ,EMPLOYMENT ,BAD DEBTS ,GOVERNMENT INTERVENTION ,POLICY MAKERS ,INTERGOVERNMENTAL FISCAL RELATIONS ,ECONOMIC STABILITY ,PROVISIONING ,INCOME ,STATE-OWNED ENTERPRISES ,BUDGET SYSTEM ,INSTITUTIONAL FRAMEWORK ,GOVERNMENT BONDS ,TAX REFORMS ,BONDS ,PROCUREMENT ,PUBLIC SPENDING ,SURTAXES ,PUBLIC SERVICES ,AGGREGATE FISCAL DISCIPLINE ,WAGES ,BUDGETARY FUNDS ,FISCAL YEAR ,ACCOUNTS ,LEVELS OF GOVERNMENT ,STATE BANKS ,LEVIES ,LABOR MARKET ,LOCAL TAX ,CIVIL SERVICE ,PUBLIC EXPENDITURES ,DRINKING WATER ,GOVERNMENT EXPENDITURES ,PUBLIC SECTOR ,DEBT ,BUDGET IMPLEMENTATION ,FISCAL ,PROVISIONS ,WORKING CAPITAL ,DEMOGRAPHICS ,SOCIAL SECURITY ,BUDGET DEFICIT ,PROFITABILITY ,ECONOMIC DEVELOPMENT ,FINANCIAL MANAGEMENT ,EXTRABUDGETARY FUNDS ,AUTONOMY ,BUDGETARY REFORMS ,BUDGET SPEECHES ,BANK FAILURE ,GOVERNMENT REFORM ,MARKET PRICES ,MANAGEMENT INFORMATION SYSTEMS ,MINISTRY OF FINANCE ,BUDGETARY EXPENDITURES ,AUDITS ,CONSUMER SUBSIDIES ,AUTHORIZATION ,MACROECONOMIC STABILITY ,PUBLIC EXPENDITURE MANAGEMENT ,ROADS ,ACCOUNTING ,INCOME DISTRIBUTION ,TAXATION ,GOVERNMENT REVENUES ,LOCAL GOVERNMENT ,BANK PROFITS ,GOVERNMENT PERFORMANCE ,DECENTRALIZATION ,LENDING RATES ,LOCAL GOVERNMENTS ,FISCAL POLICY ,CENTRAL GOVERNMENT ,STATE PLANNING ,TREASURY ,BANK RESTRUCTURING ,EBF ,GNP ,BORROWING ,GOVERNMENT SPENDING ,GOVERNMENT SERVICES ,EQUALIZATION ,LABOR INPUTS ,BUDGET PROCESS ,BUDGETARY RESOURCES ,LOAN CLASSIFICATION ,CORRUPTION ,STATE SECTOR ,GOVERNMENTAL ORGANIZATION ,STATE ADMINISTRATION ,BUDGETING ,PUBLIC GOODS ,LAWS ,EXPENDITURE ASSIGNMENT ,SAVINGS ,HEALTH SERVICES ,PUBLIC EXPENDITURE ,FINANCIAL REPORTING ,ACCOUNTABILITY ,FISCAL RESOURCES ,EXPENDITURE - Abstract
Despite its high economic growth, Chinas public expenditure management faces profound challenges: 1) The retrenchment of the Plan puts more of the burden for the macro and microeconomic policy on the budget. 2) Extra-budgetary funds and quasi-fiscal operations of the banking system undermine fiscal discipline, which contributed to the repeated bouts of inflation. 3) Shifting spending to the Governments priorities is slow, and is in part undone during budget implementation. Over time, this could threaten sustainable growth and equitable growth. 4) While overall social indicators are high, regional disparities remain large. Government services seem overstaffed, which could escalate costs if wages continue to rise. To address these challenges, China needs to reform its public expenditure management. Chinas first priority is restoring fiscal discipline - to delineate a clear budget constraint for every line ministry and unit, and break down the sectoral budgets into organizational budgets. To forge a stronger link between the State Councils policy priorities and the budget, China needs to revamp its budget process. The State should focus on articulating the governments strategic priorities, but leave detailed planning for achieving these priorities to line ministries. Decentralized administration can be a major asset for cost-effective service delivery, if accountability for performance is improved.
- Published
- 2000
18. Ownership versus Environment : Disentangling the Sources of Public Sector Inefficiency
- Author
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Bartel, Ann P. and Harrison, Ann E.
- Subjects
AUTONOMY ,ECONOMIC PERFORMANCE ,MARKET POWER ,DUOPOLY ,PRODUCTIVITY GROWTH ,BANKING SYSTEM ,INPUT USE ,INVENTORY ,MARGINAL PRODUCT ,FINANCING SOURCES ,STATE ENTERPRISES ,ECONOMIC GROWTH ,STOCK PRICES ,PUBLIC SECTOR PERFORMANCE ,DEPRECIATION ,UTILITY FUNCTION ,PRIVATE BANKS ,NATURAL MONOPOLY ,EMPLOYMENT ,EMPIRICAL ANALYSIS ,BANK LENDING ,PRODUCTIVITY ,GOVERNMENT SUBSIDIES ,BARRIERS TO ENTRY ,LABOR PRODUCTIVITY ,QUOTAS ,ASSETS ,PRIVATE SECTOR ,PUBLIC SECTOR PRODUCTIVITY ,LABOR COSTS ,BANK LOANS ,TECHNOLOGICAL CHANGE ,OPERATING INCOME ,INEFFICIENCY ,PRIVATIZATION ,IMPORTS ,MONOPOLIES ,GROWTH RATE ,UTILITIES ,LABOR INPUTS ,NET EXPORTS ,PRINCIPAL AGENT PROBLEM ,EMPIRICAL STUDIES ,PROFIT MAXIMIZATION ,STATE BANKS ,PUBLIC OWNERSHIP ,PUBLIC ENTERPRISES ,ELASTICITY ,ELASTICITY OF DEMAND ,IMPERFECT COMPETITION ,TOTAL FACTOR PRODUCTIVITY GROWTH ,TOTAL OUTPUT ,PUBLIC SECTOR ,PRODUCTION FUNCTION ,TOTAL FACTOR PRODUCTIVITY ,PUBLIC SECTOR EFFICIENCY - Abstract
The authors compare the performance of public and private sector manufacturing firms in Indonesia for 1981-95. They analyze whether public sector inefficiency is due primarily to agency-type problems (ownership) or to the business environment in which public enterprises operate, as measured by soft budget constraints or barriers to competition. They nest the two alternatives in a production function framework. The results, obtained from fixed-effects specifications, provide support for both models. The business environment matters. Only public enterprises that received loans from state banks or those shielded from import competition performed worse than private enterprises. Ownership matters. For a given level of import competition or soft loans, public enterprises perform worse than their counterparts in the private sector. Eliminating soft loans to Indonesia's public enterprises would raise total factor productivity by 6 percentage points; the same result could be achieved by increasing import penetration by 15 percentage points. The authors show that these findings are not due to selection effects for either privatization or the receipt of soft loans.
- Published
- 2000
19. The Effect of Defense Spending on the Trade Performance of High-Technology Industries
- Author
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RAND CORP SANTA MONICA CA, Yager, Loren, RAND CORP SANTA MONICA CA, and Yager, Loren
- Abstract
Defense spending is often cited as a factor that influences the performance of particular industries. This study examines the large increases in U.S. defense spending during the late 1970s and early 1980s to determine whether these changes affected the trade performance of U.S. high-technology industries. The U.S. surplus in high-technology trade decreased sharply from 1980 until 1986, when it recorded a small deficit for the year. The research approach was to identify "defense-competing" industries -- industries that use many of the same scarce inputs as the defense industry, and must compete with the defense industry for those inputs. Large increases in defense spending might create pressure for higher prices for scarce inputs, and result in higher costs for defense-competing industries in the United States. The focus of this study is on labor inputs, since unlike intermediate products, additional supplies of labor do not readily flow from foreign sources to the United States. Therefore, domestic -- but not foreign -- labor costs are likely to increase, and this would raise the costs of U.S. defense-competing industries relative to foreign industries. This foreign cost advantage could potentially lead to lower levels of U.S. exports and higher levels of U.S. imports in the affected industries. The study suggests that the industries that compete most directly with defense producers for inputs include electronic equipment industries (electronic components, radio, TV, and communication equipment, computers and office machines); machinery industries (metalworking machinery, non-electrical machinery, special industry machinery); and transportation equipment industries (aircraft and parts, other transportation equipment). These are the industries that should have faced the largest increase in costs as a result of the 1980s defense buildup.
- Published
- 1992
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