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Essays on Firm Behavior in Developing Economies

Essays on Firm Behavior in Developing Economies PDF Author: Ama Baafra Abeberese
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description
Using data on Ghanaian manufacturing firms, I find a significant decline in investment in plant and machinery during the electricity rationing period. The decline in investment is more pronounced for firms in electricity-intensive sectors. I explore alternative explanations for the reduction in investment during the electricity rationing period, including a contraction in firm credit access and economy-wide shocks unrelated to electricity constraints, and find no evidence in support of either explanation. The results, therefore, suggest that the reduction in investment during the electricity rationing period was due to the constraints on the availability of electricity. These findings highlight the potentially negative impact of the inadequate provision of electricity that frequently plagues developing countries. These electricity constraints can hinder growth in these countries by curbing investment by firms. In Chapter 3, I turn to the investigation of the effect of a trade-related constraint.

Essays on Firm Behavior in Developing Economies

Essays on Firm Behavior in Developing Economies PDF Author: Ama Baafra Abeberese
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description
Using data on Ghanaian manufacturing firms, I find a significant decline in investment in plant and machinery during the electricity rationing period. The decline in investment is more pronounced for firms in electricity-intensive sectors. I explore alternative explanations for the reduction in investment during the electricity rationing period, including a contraction in firm credit access and economy-wide shocks unrelated to electricity constraints, and find no evidence in support of either explanation. The results, therefore, suggest that the reduction in investment during the electricity rationing period was due to the constraints on the availability of electricity. These findings highlight the potentially negative impact of the inadequate provision of electricity that frequently plagues developing countries. These electricity constraints can hinder growth in these countries by curbing investment by firms. In Chapter 3, I turn to the investigation of the effect of a trade-related constraint.

Essays on Firm Behavior in Developing Countries

Essays on Firm Behavior in Developing Countries PDF Author: Artur Kolasa
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Book Description


Essays On Taxation and Firm Behavior in Developing Countries

Essays On Taxation and Firm Behavior in Developing Countries PDF Author: Anh Thu Pham
Publisher:
ISBN: 9781321852929
Category : Business enterprises
Languages : en
Pages : 106

Book Description
This dissertation examines tax policy and firm behavior in developing countries. The first chapter examines firm manipulation and take-up rate of a 30 Percent temporary corporate income tax cut in Vietnam. The second chapter examines how the very same tax cut program affects firm capital investment and reported profits. The third chapter studies the differential association of job training on labor market outcomes in STEM and non-STEM fields.

Essays on Behavioral Economics

Essays on Behavioral Economics PDF Author: George Katona
Publisher: Ann Arbor, Mich. : Survey Research Center, Institute for Social Research, University of Michigan
ISBN:
Category : Business & Economics
Languages : en
Pages : 120

Book Description


Rethinking the Development Experience

Rethinking the Development Experience PDF Author: Donald A. Schon
Publisher: Brookings Institution Press
ISBN: 0815720599
Category : Business & Economics
Languages : en
Pages : 382

Book Description
This book, written by a group of distinguished scholars and practitioners, critically reappraises ideas about learning and development advanced by Albert O. Hirschman in the 1950s and 1960s. The essays—prepared for an MIT faculty seminar—show how these innovative ideas bear on the theory, policy, and practice of development in the 1990s. Hirschman, one of the great pioneers in the field of economic development, is now professor emeritus at Princeton. Paul Krugman, Lance Taylor, and Donald Schon address the different approaches and assumptions of economic theorists in relation to modelling, learning, and development policy. Emma Rothschild, Lisa Peattie, and Bishwapryiya Sanyal examine some of the changing attitudes toward economic progress. Elliot Marseille, Judith Tendler, Sara Friedheim, Robert Picciotto, and Charles Sabel draw lessons from efforts to innovate or modify institutions, policies, programs, and projects. Lloyd Rodwin examines the underlying themes that emerge, particularly those that touch on the ideas of development as a process of social learning and on ways of strengthening theory, policy, and practice in economics when it is seen as both discipline and profession. In a postscript, Albert O. Hirschman reflects on the evolution of his ideas, his cognitive style, and his propensity for self-subversion. Two appendixes detail the candid seminar discussions and Hirschman's musings in response to particular chapters and questions raised by the participants.

Firms and Markets

Firms and Markets PDF Author: K. Tucker
Publisher: Routledge
ISBN: 1351239651
Category : Business & Economics
Languages : en
Pages : 289

Book Description
Industrial and business economics is a very important field with a great deal of relevance to the commercial world and to business studies students as well as to economists. It is a rapidly developing field in which many new research advances have been made in recent years. This book, first published in 1986, considers many aspects of both the theory of and the evidence on economic behaviour, and in particular the operations of firms and markets. The book was written in honour of Basil Yamey by his former research students.

Making It Big

Making It Big PDF Author: Andrea Ciani
Publisher: World Bank Publications
ISBN: 1464815585
Category : Business & Economics
Languages : en
Pages : 178

Book Description
Economic and social progress requires a diverse ecosystem of firms that play complementary roles. Making It Big: Why Developing Countries Need More Large Firms constitutes one of the most up-to-date assessments of how large firms are created in low- and middle-income countries and their role in development. It argues that large firms advance a range of development objectives in ways that other firms do not: large firms are more likely to innovate, export, and offer training and are more likely to adopt international standards of quality, among other contributions. Their particularities are closely associated with productivity advantages and translate into improved outcomes not only for their owners but also for their workers and for smaller enterprises in their value chains. The challenge for economic development, however, is that production does not reach economic scale in low- and middle-income countries. Why are large firms scarcer in developing countries? Drawing on a rare set of data from public and private sources, as well as proprietary data from the International Finance Corporation and case studies, this book shows that large firms are often born large—or with the attributes of largeness. In other words, what is distinct about them is often in place from day one of their operations. To fill the “missing top†? of the firm-size distribution with additional large firms, governments should support the creation of such firms by opening markets to greater competition. In low-income countries, this objective can be achieved through simple policy reorientation, such as breaking oligopolies, removing unnecessary restrictions to international trade and investment, and establishing strong rules to prevent the abuse of market power. Governments should also strive to ensure that private actors have the skills, technology, intelligence, infrastructure, and finance they need to create large ventures. Additionally, they should actively work to spread the benefits from production at scale across the largest possible number of market participants. This book seeks to bring frontier thinking and evidence on the role and origins of large firms to a wide range of readers, including academics, development practitioners and policy makers.

Two Essays on the Firm, Uncertain and Economic Behavior

Two Essays on the Firm, Uncertain and Economic Behavior PDF Author: Yuri Arenberg
Publisher:
ISBN:
Category : Capital investments
Languages : en
Pages : 109

Book Description


Essays on Firms in Developing Countries

Essays on Firms in Developing Countries PDF Author: Matthieu Teachout
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description
In the model, exporters are described by two parameters: a visibility parameter that impacts their likelihood of being found by foreign buyers and a cost parameter that drives the level of their price quotes and thus their market share with each foreign buyer. Visibility explains an important part of the firm size distribution. On the buyer side, searching for an additional exporter has an estimated cost of about $2,000. Moving to a centralized market would lead to a five percent decrease in transaction prices. Chapter 2 looks at the relationship between firms' output quality and their organizational structure. Using data on the production and transaction chain that makes up Peruvian fishmeal manufacturing, we establish three results. First, firms integrate existing suppliers when the quality premium rises for exogenous reasons. Second, suppliers change their behavior to better maintain input quality when vertically integrated. Third, firms produce a higher share of high-quality output when supplier availability constraints shift them into using integrated suppliers.

Essays in Economic Dynamics

Essays in Economic Dynamics PDF Author: Akio Matsumoto
Publisher: Springer
ISBN: 981101521X
Category : Business & Economics
Languages : en
Pages : 257

Book Description
This book reflects the state of the art in nonlinear economic dynamics, providing a broad overview of dynamic economic models at different levels. The wide variety of approaches ranges from theoretical and simulation analysis to methodological study. In particular, it examines the local and global asymptotical behavior of both macro- and micro- level mathematical models, theoretically as well as using simulation. It also focuses on systems with one or more time delays for which new methodology has to be developed to investigate their asymptotic properties. The book offers a comprehensive summary of the existing methodology with extensions to the more complex model variants, since considerations on bounded rationality of complex economic behavior provide the foundation underlying choice-theoretic and policy-oriented studies of macro behavior, which impact the real macro economy. It includes 13 chapters addressing traditional models such as monopoly, duopoly and oligopoly in microeconomics and Keynesian, Goodwinian, and Kaldor–Kaleckian models in macroeconomics. Each chapter presents new aspects of these traditional models that have never been seen before. This work renews the past wisdom and reveals tomorrow's knowledge.