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Showing papers in "Journal of Development Economics in 1990"


Journal ArticleDOI
TL;DR: A simplified macroeconomic framework is developed for the "fiscal gap" as mentioned in this paper, which is considered to be an important stumbling block for adjustment with growth in highly-indebted developing countries.

356 citations


Journal ArticleDOI
Albino Barrera1
TL;DR: The pattern of interactions between maternal education and public health programs suggests that maternal education affects child health through an efficiency effect ( by affecting the productivity of health inputs) and an allocative effect (by lowering the cost of information).

336 citations


Journal ArticleDOI
TL;DR: Parental education and parental heights are found to have a very strong positive effect on both outcomes and this is robust to the inclusion of household income and also parental heights, which partly proxy for unobserved family background characteristics.

282 citations


Journal ArticleDOI
TL;DR: In this paper, a dynamic model capable of examining household incentives for resource use under private and common property is developed, and results of the model reject the conventional wisdom that gives rise to the presumed optimality of private (individual) property in natural resources, and the correlated indictment of group management regimes.

237 citations


Journal ArticleDOI
TL;DR: In this article, the authors test the foreign aid-public investment hypothesis using time-series data for India and find that grants and loans generally go into development projects with no leakages into consumption.

175 citations


Journal ArticleDOI
Brian Levy1
TL;DR: In this paper, a comparative case study of the footwear industry in Korea and Taiwan is presented, showing the greater extent of subdivision of large orders, the greater reliance on subcontracting, and the greater roles of small manufacturers and export traders in Taiwan relative to Korea.

138 citations


Journal ArticleDOI
TL;DR: In this article, the authors describe and examine simple versions of the analytical approaches employed by the International Monetary Fund and the World Bank in designing adjustment programs that support their lending activities, and make an attempt to merge the Fund and Bank approaches within a consistent framework to demonstrate their complementarity.

126 citations


Journal ArticleDOI
TL;DR: The authors examined the effects of foreign aid on public sector budgets of developing countries and found that soft loan aid is quite stimulative, but that the IMF has the greatest impact on recipients.

120 citations


Journal ArticleDOI
TL;DR: In this paper, the authors evaluate the effect of foreign debt on investment in a heavily-indebted country, using numerical simulations of a simple rational expectations growth model and find that credit rationing may be a powerful disincentive to investment.

110 citations


Journal ArticleDOI
TL;DR: In this article, the authors investigate the possibility of allocation inefficiencies associated with corrupt practices and show that the possibility for inefficient allocations increases as the degree of discrimination increases in competitive bribery games.

108 citations


Journal ArticleDOI
TL;DR: The authors found that less than half of the 11 percent annual increase in overall manufacturing labor productivity can be attributed to capital deepening, and that the importance of this factor and total factor productivity advance varied sharply across industries.

Journal ArticleDOI
TL;DR: In this article, the authors argue that the process of determining daily wage-rate in rural labour markets is best seen as an act of implicit co-operation among workers, and use repeated non-cooperative game to explain several known features of a typical South Asian rural labour market, e.g. the co- existence of involuntary unemployment with responsiveness to supply and demand.

Journal ArticleDOI
TL;DR: This paper investigated the technological properties of China's iron and steel industry, identifying the sources of productivity variation among enterprises within that industry, and evaluating the industry's historical productivity performance, and found that during the reform period productivity growth within this key industry has accelerated significantly.

Journal ArticleDOI
TL;DR: In this paper, the authors consider a two-sector economy where investment in real capital is irreversible and debt-financed, and the interest rate which is determined in the financial sector is random as a result of volatile expectations.

Journal ArticleDOI
TL;DR: In this paper, the authors studied the external effects generated by foreign capital inflows in a small open economy, modeling explicitly the nature of the increasing returns involved, and the role played by specialized, differentiated business services in manufacturing production.

Journal ArticleDOI
TL;DR: In this article, the authors argue that there is a compelling fiscal rationale for encouraging greater reliance on taxing the consumption of electrical and telephone (ET) services, which would contribute to the achievement of taxpayer equity and would be administratively easy to impose.

Journal ArticleDOI
TL;DR: In this paper, the authors examine the question of complementarity between public and private investment in India under different modes of allocation and financing of public investment and find that public investment crowds out private investment; but in terms of its effect on total investment and growth and distribution of income, the economy is better off with increased public investment.

Journal ArticleDOI
Martin Ravallion1
TL;DR: In this paper, conditions are derived for ranking stylized policy alternatives in terms of a broad class of poverty measures and the preferred policy is shown to depend on the budget level, administrative cost, the initial wage distribution, and the policy maker's aversion to poverty.

Journal ArticleDOI
Albino Barrera1
TL;DR: A non-linear relationship between duration of breastfeeding and child height-for-age and mother's education is estimated, suggesting that more educated mothers are able to provide wholesome substitutes to breastmilk without producing ill effects.

Journal ArticleDOI
TL;DR: According to an UNCTAD data set, nontariff barriers were applied by 14 major industrialized importers against 19 percent of Latin American exports as discussed by the authors, which is not an unusually high coverage ratio - Australia and New Zealand, and Japan faced substantially more frequent barriers.

Journal ArticleDOI
TL;DR: In this paper, the effect of quotas on the responsiveness of imports to real exchange rates, tariffs and activity levels was investigated in a Moroccan data import demand model and it was shown that quantity restrictions had a significant impact not only on the level of imports, but on their sensitivity to income and price variations as well.

Journal ArticleDOI
TL;DR: The model shows that group interests may hinder emergence of perfect capital markets with private initiatives, and has strong implications for population policy in developing countries.

Journal ArticleDOI
TL;DR: In this paper, an attempt is made to explain the decline and the inter-area variation in women's activity rates in Greece during the process of its economic development, to ascertain if there were any shifts in the relevant relationships over time and to estimate women's hidden unemployment.

Journal ArticleDOI
TL;DR: In this paper, the authors build two logistic type econometric models to explain HYRV diffusion rate in Bangladesh and conclude that unless new HYRVs are developed with wider adaptability, especially for drought and flood prone areas, little scope exists for production increases through HyrV acreage expansion.

Journal ArticleDOI
TL;DR: In this article, a general equilibrium analysis of industrial protection in Korea is presented using a model which incorporates imperfect competition and scale economies, and the results suggest that, in spite of the strong performance of the Korean economy, significant additional income (of about 7% of GDP) might have been generated (via lengthened production runs and increased labour productivity in manufacturing) had less distortionary policies been used.

Journal ArticleDOI
TL;DR: In this article, a four variable vector autoregressive model is presented and analyzed to explain the persistence of high and volatile rates of inflation with reference to the interactions between exchange rate, price level and money supply.

Journal ArticleDOI
TL;DR: In this article, the authors construct an equilibrium model by formalizing a trade-off between the gains from trade based on increasing returns to specialization and transaction costs, and explore the function of a free market in searching for the efficient market structure.

Journal ArticleDOI
TL;DR: In this paper, the problem of foreign investment in a less developed country where the threat of expropriation leads necessarily to withholding of technological knowledge of the foreign firm is analyzed, and it is shown that if the political authority of the host country shares the investment, chances are high that the multinational will be willing in such a venture.

Journal ArticleDOI
TL;DR: In this article, a three-sector three-factor general equilibrium model of Dutch disease is developed providing yet another explanation for the expansion of the manufacturing sector in most of the oil-exporting countries and the concurrent decline in their agricultural sectors in the 1970s.

Journal ArticleDOI
TL;DR: In this paper, the authors compared the traditional inequality indices and the alternative approach based on axioms of gap inequality and numerical inequality for measuring changes in inequality in an economy with income growth.