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Decomposing Social Indicators Using Distributional Data
Policy Research Working Papers, World Bank, 1999Crosscountry comparisons suggest that poor people tend to be in worse health than others and that their health responds more to differences in public health spending.Are the poor less healthy?DocumentSaving in transition economies : the summary report
Policy Research Working Papers, World Bank, 1995Savings in transition economies have declined since independence, but something else has happened, too: Financial assets have shifted from bank deposits to alternative financial instruments, including foreign currency, "trust company" shares, and private loans.DocumentThe cross - section of stock returns : evidence from the emerging markets
Policy Research Working Papers, World Bank, 1995Several factors besides market risk --- including firm size, earnings price ratio, and turnover --- are significant in explaining a cross-section of stock returns in 19 emerging markets. The signs for some factors are contrary to those documented in U.S. and Japanese markets.Cross-sectional tests of asset returns have a long tradition in finance.DocumentDoes more for the poor mean less for the poor? : the politics of tagging
Policy Research Working Papers, World Bank, 1995Attempts to achieve "more for the poor" through the use of indicator targeting may in fact mean less for the poor. The efficient use of a fixed budget for poverty reduction may require targeting. However, the use of indicator targeting, using fixed characteristics that are correlated with poverty to determine the distribution of expenditures, will tend to reduce the budget.DocumentGovernance and the returns to investment : an empirical investigation
Policy Research Working Papers, World Bank, 1995There is a strong statistical link between a country's civil liberties and the performance of its aid financed government investment projects.DocumentThe relationship between farm size and efficiency in South African agriculture
Policy Research Working Papers, World Bank, 1995Commercial farms in South Africa could become significantly more efficient if they became smaller. The government could encourage that trend by removing policies and distortions that favor large over small farms.Drawing on international evidence, van Zyl, Binswanger, and Thirtle discuss the sources of economies of scale.DocumentTesting the induced innovation hypothesis in South African agriculture : an error correction approach
Policy Research Working Papers, World Bank, 1995Apparently factor prices do matter in agricultural production and in the selection of production technology. And in South Africa, more attention should be focused on the technological needs of small scale farmers.DocumentAverting the Old Age Crisis: Technical Annex
Policy Research Working Papers, World Bank, 1999Supporting documentation for the World Bank publication Averting the Old Age Crisis: Policies to Protect the Old and Promote Growth (1994).Averting the Old Age Crisis: Policies to Protect the Old and Promote Growth, the publication for which this technical annex provides supporting documentation, is the third in a series of major World Bank Policy Research Reports.DocumentIncome inequality and aggregate saving : the cross - country evidence
Policy Research Working Papers, World Bank, 1996No evidence is found to support the notion that income inequality affects aggregate saving across countries --- neither in developing nor in industrial countries.Schmidt-Hebbel and Serven empirically review and analyze the link between income distribution and aggregate savings.Recent research has focused on the impact of income inequality and growth.DocumentWater pollution abatement by Chinese industry : cost estimates and policy implications / Susmita Dasgupta ... [et al.]
Policy Research Working Papers, World Bank, 1996Data on pollution abatement costs in Chinese industry suggest that the benefits of stricter discharge standards should be weighed carefully against the costs. China's current regulatory system provides an economic incentive to abate by charging a levy on pollution that exceeds the standard.Pages
