Showing papers in "Journal of Development Economics in 2001"

TL;DR: This article examined the relationship between foreign aid and growth in real GDP per capita as it emerges from simple augmentations of popular cross-country growth specifications and found that aid in all likelihood increases the growth rate, and this result is not conditional on good policy.

TL;DR: In this paper, the authors focus on the impact of migration prospects on human capital formation and growth in a small, open developing economy and derive the theoretical conditions required for such a possibility to be observed.

TL;DR: This paper investigated the relationship between gender and corruption, and found that women are less involved in bribery, and are less likely to condone bribe-taking, and that corruption is less severe where women hold a larger share of parliamentary seats and senior positions in the government bureaucracy.

TL;DR: The authors found evidence of a statistically and economically significant relationship between relative civil-service pay and corruption in regressions based on cross-country averages, where they control for a wide array of variables.

TL;DR: This paper explored the role of the pass-through of exchange rate movements into prices and the consequences of currency mismatches in balance sheets, which they associate to a country's ability to borrow internationally in its own currency.

TL;DR: In this paper, the impact on investment and growth of the level and volatility of the terms of trade and the real effective exchange rate is estimated for a panel of 14 sub-Saharan African countries over 1980-1995.

TL;DR: In this article, the authors measured total factor productivity for entering, exiting, and continuing cohorts of firms and quantified the contribution of firm turnover to industry productivity improvements in Taiwan's manufacturing sector.

TL;DR: This article developed an overlapping generations general equilibrium model where inefficient child labor arises due to credit constraints and derived a positive relationship between inequality in the distribution of income and the incidence of child labor.

TL;DR: In this article, the authors provide an analysis of real economic growth prospects in emerging markets after financial liberalization, identifying the dates and examining the influence of liberalization while controlling for a number of other macroeconomic and financial variables.

TL;DR: The authors found that differences in levels of living are due in part to the fact that the minority live in less productive areas characterized by difficult terrain, poor infrastructure, less access to off-farm work and the market economy, and inferior access to education.

TL;DR: In this paper, the authors use weekly stock market data for a group of Latin American countries to analyze the behavior of volatility through time and find strong evidence of volatility co-movements across countries, especially among the Mercosur countries.

TL;DR: In this article, the role of external shocks in explaining macroeconomic fluctuations in African countries was examined, and it was shown that adverse trade shocks induce prolonged recessions, while financial shocks play only a minor role.

TL;DR: Jalan and Ravallion as mentioned in this paper study portfolio and other behavioral responses to measured risk using household panel data for rural China and find no evidence that income risk discourages schooling, but risk does inhibit the out- migration of labor.

TL;DR: This paper examined the advantages and disadvantages of a hard exchange-rate peg, monetary targeting, and inflation targeting, in light of monetary policy's recent track record in several Latin American countries, looking for clues about which of the strategies might be best suited to economies in the region.

TL;DR: In this article, the authors present new evidence on the proportion of women in poverty in 10 developing countries and investigate the sensitivity of these measures to the use of per capita and per adult equivalent units and different definitions of the poverty line.

TL;DR: This paper used panel data on 2115 households spanning 13 states in rural India, merged with a 22-year series of district-level rainfall data to test for ex ante and ex post labor supply responses to weather risk for rural Indian farm households.

TL;DR: In this paper, the authors developed a model in which the technology transferred to an LDC supplier by a developed country (DC) importer can diffuse to other LDC firms, which can benefit both the initial DC importer and its initial LDC suppliers by reducing the double marginalization problem.

TL;DR: In this article, a set of vector autoregressive (VAR) and vector error correction models (VECM) were constructed to evaluate the strength and direction of the links between measures of formal intermediation and various economic aggregates.

TL;DR: In this article, the authors assess the extent to which the capital controls were effective in delivering the outcomes that motivated their inception in the first place and conclude that in two of the three cases (Brazil and Thailand), the controls did not deliver much of what was intended.

TL;DR: In this article, the authors find that investment in domestically produced equipment reduces the growth rate while investment in imported equipment increases it, and they distinguish their hypothesis from the DeLong and Summers hypothesis that equipment investment in general contributes more to growth.

TL;DR: In this article, an econometric model is presented for examining the productive nature of education. But the model is limited to Ghanaian workers and the firms where they are employed.

TL;DR: In this article, the authors proposed a growth and welfare maximising level of financial infrastructures, which can increase the number of depositors and the amount of intermediated savings.

TL;DR: In this paper, the authors provide empirical evidence on the effects of financial restraints on South Korean financial development, which is linked to a simple model of the Korean banking system that encapsulates its cartelised nature and predicts a positive association between financial development and the degree of state control over the banking system, and mild repression of lending rates.

TL;DR: In this paper, the hollowing-out hypothesis is tested in the context of a Markov chain model of exchange rate transitions, and two versions of the hypothesis, that hard pegs are an absorbing state, or that fixes and floats form a closed set, with no transitions to intermediate regimes are tested using two alternative classifications of regimes.

TL;DR: In this article, the authors modify the method of Blanchard and Quah in order to estimate a structural VAR model appropriate for a small open economy and identify shocks to output and prices in the members of two monetary unions that make up the African CFA Franc Zone.

TL;DR: In this paper, the authors show that a technology-based coordination failure may explain the emergence of laws restricting child labor and that child labor may arise because of the lack of a coordination mechanism between parental decisions to invest in the human capital of their children and firms' decisions to investment in skill-biased technologies.

TL;DR: In this paper, the authors examine how human capital accumulation influences both economic growth and income inequality, and carefully endogenize the demand and supply of skills, explicitly introducing the costs and externalities in education, and examine how both relate to learning-by-doing and R&D intensity.

TL;DR: In this article, the authors extend the analysis of African economic growth in two directions: first by challenging the assumption that growth effects of particular explanatory variables are the same in Africa as elsewhere; and second, by measuring indirect contributions to growth of initial conditions as they influence explanatory variables in a basic growth regression.

TL;DR: In this article, an alternative explanation for the inverted U-shape relationship between income and environmental degradation is proposed, where the restrictive assumption of a set of perfect markets for factors and commodities is relaxed.

TL;DR: The authors found that the poor cumulative relative revenue performance of the Franc zone countries is mainly attributable to differences in environmental and structural factors, and to their different responses to changes in the equilibrium real exchange rate.