03. Journals

2,963 items available

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http://hdl.handle.net/10986/2210

These are journal articles published in World Bank journals as well as externally by World Bank authors.

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Now showing 1 - 10 of 46

Trade Liberalization and Investment : Firm-level Evidence from Mexico

(Oxford University Press on behalf of the World Bank, 2012-06-01) Kandilov, Ivan T. ; Leblebicioğlu, Aslı

Plant-level panel data from Mexico's Annual Industrial Survey is employed to evaluate the impact of reductions in tariffs and import license coverage on final goods, as well as intermediates, on firms'investment decisions. Using data from 1984 to 1990, a period during which a large scale trade liberalization occurred, a dynamic investment equation is estimated using the system-GMM estimator developed by Arellano and Bover (1995) and Blundell and Bond (1998). Consistent with theory, the empirical analyses show that a reduction in import protection on final goods leads to lower plant-level investment, whereas reductions in tariffs and import license coverage on intermediate inputs result in higher investment. Also, firms with larger import costs experience a larger increase in investment following a reduction in import protection. On the other hand, higher markup firms lower investment more aggressively following reductions in tariffs and import license coverage on final goods.
Food Quality, Calories, and Household Income

(Taylor and Francis, 2011-06-24) Skoufias, Emmanuel ; Di Maro, Vincenzo ; González-Cossío, Teresa ; Rodríguez Ramirez, Sonia

We investigate the relationship between calories, food quality and household per capita expenditure using regression and semiparametric methods on a sample of poor households from rural Mexico, where Programa de Apoyo Alimentario (PAL), a targeted nutritional programme, is operating. The semiparametric method yields an estimate of the elasticity between calories and expenditure of 0.39 below the median and 0.28 above. The corresponding estimates of the elasticity of the calorie price are 0.48 below the median and 0.45 above. We also examine the extent to which the expenditure elasticity of the calorie price is explained by substitution between and within major food groups. We find that there is a very high incidence of substitution within cereals (especially for poor households) and that between group substitution explains at most 59% of the income elasticity for food quality. These estimates suggest that the potential of a cash transfer programme to have a positive impact on the food diversity and the nutritional status of households is quite limited.
Are The Poverty Effects of Trade Policies Invisible?

(World Bank, 2011-05-31) Verma, Monika ; Hertel, Thomas W. ; Valenzuela, Ernesto

Beginning with the WTO's Doha Development Agenda and establishment of the Millennium Development Goal of reducing poverty by 50 percent by 2015, poverty impacts of trade reforms have become central to the global development agenda. This has been particularly true of agricultural trade reforms due to the importance of grains in the diets of the poor, presence of relatively higher protection in agriculture, as well as heavy concentration of global poverty in rural areas where agriculture is the main source of income. Yet some in this debate have argued that, given the extreme volatility in agricultural commodity markets, the additional price and therefore poverty impacts due to trade liberalization might well be indiscernible. This paper formally tests the “invisibility hypothesis” using the method of stochastic simulation in a trade-poverty modeling framework. The hypothesis test is based on the comparison of two samples of price and poverty distributions. The first originates solely from the inherent variability in global staple grains markets, while the second combines the effects of inherent market variability with those of trade reform in these same markets. Results, at the national and stratum level indicate that the short-run poverty impacts of full trade liberalization in staple grains trade worldwide, are distinguishable in only four of the fifteen countries, suggesting that impacts of more modest agricultural trade reforms are indeed likely to be invisible in short run. Countries that show statistically significant short run impacts are the ones characterized by high staple grains tariffs and/or a moderate degree of grain markets variability. Within each country, results are heterogeneous. In two thirds of the sample countries, agriculturally self-employed poor experience statistically significant poverty impacts from trade liberalization. However, this figure is under a third for all the other strata.
Cities on the Prowl

( 2011-04) Campbell, Tim

Cities in the modern world are beginning to share some features with the city-states of millennia past. Now, as then, cities are important, even critical, to economic development. Unlike the walled cities that harbored flourishing trade in medieval Europe, today, cities by the thousands all around the world are looking outward in search not of silk and spices, but rather sources of finance, global talent, and most of all, good ideas. But the search for knowledge isn't always easy.
Climate Variability and Child Height in Rural Mexico

( 2011) Skoufias, E. ; Vinha, K.

We examine the impacts of weather shocks, defined as rainfall or growing degree days, a cumulative measure of temperature, more than a standard deviation from their respective long run mean, on the stature of children between 12 and 47 months of age in Mexico. We find that after a positive rainfall shock children are shorter regardless of their region or altitude. Negative temperature shocks have a negative impact on height in the central and southern parts of the country as well as in higher altitudes. Although on average there are no statistically significant impacts from positive temperature shocks, certain sub-populations - namely boys, children between 12 and 23 months at the time of measurement, and children of less educated mothers - in some of the regions are negatively impacted. The results also suggest that potentially both agricultural income and communicable disease prevalence contribute to the effects.
Remittances and Banking Sector Breadth and Depth: Evidence from Mexico

( 2011) Demirguc-Kunt, Asli ; Cordova, Ernesto Lopez ; Martinez Peria, Maria Soledad ; Woodruff, Christopher

Despite the importance of remittances to developing countries, their impact on banking sector breadth and depth in recipient countries has been largely unexplored. We examine this topic using municipality-level data on the fraction of households receiving remittances and on measures of banking breadth and depth for Mexico. We find that remittances are strongly associated with greater banking breadth and depth, increasing the number of branches and accounts per capita and the amount of deposits to GDP. These effects are significant both statistically and economically, and are robust to the potential endogeneity of remittances, inclusion of a wide range of controls and even municipal fixed effects specifications using an alternative panel data set from a sample of municipalities.
South Meets South : Enriching the Development Menu

( 2010-10) Maruri, Enrique ; Fraeters, Han

African countries, like Nigeria, with an emerging information technology (IT) industry, are examples of how globalization has opened up vast new opportunities. Information technology and business process outsourcing is a multibillion dollar talent-driven industry with a market that is still untapped. Africa is keen on exploring this new frontier which has the potential to create thousands of quality jobs for its young people. But to do so, it must nurture the right skills. Where can these be found?
The Bogotá Spirit : South-South Peers and Partners at the Practice-Policy Nexus

( 2010-10) Schulz, Nils-Sjard

On a warm evening in late March of this year, more than 500 enthusiastic delegates from around the world poured out of the Chamber of Commerce building in Bogot�, with a shared vision that South-South cooperation would reshape today�s development cooperation landscape. Despite the Colombian capital�s dizzying altitude of 2,800 meters, their zeal for effective South-South knowledge exchange and mutual learning left the participants of the Bogot� High Level Event on South-South cooperation and Capacity Development clear headed and with a long list of ideas, projects and plans, for their countries and regions, and for their multilateral, parliamentary, civil society, and research organizations.
Triangular Cooperation : Opportunities, Risks, and Conditions for Effectiveness

( 2010-10) Ashoff, Guido

Triangular cooperation is a relatively recent mode of development cooperation. It normally involves a traditional donor from the ranks of the OECD's Development Assistance Committee (DAC), an emerging donor in the South, and a beneficiary country in the South. It has received increasing international attention because of particular advantages it is said to provide. At the same time, it poses several risks that could further complicate international development cooperation. To make full use of its potential, it is important to conceive it as a learning process, to identify the interests of the three parties involved, and to apply the internationally agreed principles of aid effectiveness. When these principles are applied, triangular cooperation can enrich international development cooperation.
Development Marketplace Winners : On the Pathway to Replication and Sustainability

( 2010-07) Grubisich, Tom

Even before Panos Varangis and his team of World Bank, insurance practitioners, and academics competed for a US$117,000 grant in Development Marketplace 2000, they were, like chess players, already planning how to fund and test their concept in countries beyond the scope of their DM application.