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Do labor market regulations affect labor earnings in Ecuador?
Policy Research Working Papers, World Bank, 1997Although Ecuador may have the most cumbersome labor market regulations in Latin America, these are not a major source of segmentation of the labor market. The reason: the benefits mandated are fully fungible with wages. Ecuadorian labor costs are said to be high because of a large array of mandated benefits.DocumentDemand elasticities in international trade : are they really low?
Policy Research Working Papers, World Bank, 1996For the first time in the economics literature, Panagariya,Shah, and Mishra obtain import demand elasticities for a "smallcountry" (Bangladesh) that are very large. The elasticities are based on parameters of a utility function that are systematically of the correct sign and statistically significant. Using highly disaggregated data, both own price and cross price elasticities are estimated.DocumentTrade reorientation and post - reform productivity growth in Bulgarian enterprises
Policy Research Working Papers, World Bank, 1997Trade matters. Trade in Bulgaria's transition economy is an important source of growth in total factor productivity in manufacturing enterprises. Djankov and Hoekman extend the literature on the microeconomics of transition by investigating the relative importance of integration with world markets as a source of productivity growth in Bulgarian firms.DocumentMonetary policy during transition : an overview
Policy Research Working Papers, World Bank, 1997In transition economies monetary stability goes hand in hand with adjustment in the real sectors. Subsidies and central bank support of public enterprises to help maintain employment and output are ultimately financed by creating money, reducing the options for market based monetary policy regardless of how market oriented the monetary system.DocumentCitizen complaints as environmental indicators : evidence from China
Policy Research Working Papers, World Bank, 1997China's experience shows the problem of relying on citizen complaints for guidance in addressing pollution monitoring resources are scarce. Visible pollutants get too much attention and communities with low levels of literacy get too little. China's environmental regulators respond to more than 100,000 citizen complaints a year.DocumentMonitoring environmental standards : do local conditions matter?
Policy Research Working Papers, World Bank, 1997In deciding whether to inspect specific plants, regulators are sensitive to local environmental damages and, all things being equal, allocate more inspection efforts to plants whose emissions are likely to generate more damage.DocumentProtection and Trade in Services: A Survey
Policy Research Working Papers, World Bank, 1999In the past, international economists have ignored trade in services, but technological progress and international trade negotiations are likely to keep liberalization of trade in services a high profile policy issue.Until recently, trade in services was mostly ignored by international economists, reflecting a perception that services were nontradable. This has never been true.DocumentDoes Mercosur's trade performance raise concerns about the effects of regional trade arrangements?
Policy Research Working Papers, World Bank, 1997Do the discriminatory trade barriers applied in regional trade arrangements encourage highcost imports from member countries at the expense of lowercost goods from nonmembers?DocumentThe economics of the informal sector : a simple model and some empirical evidence from Latin America
Policy Research Working Papers, World Bank, 1997An increase in the size of the informal sector hurts growth by reducing the availability for public services for everyone in the economy and increasing the number of activities that uses ome existing public services less efficiently or not at all.Loayza presents the view that informal economies arise when governments impose excessive taxes and regulations that they are unable to enforce.LoaDocumentRoads, population pressures and deforestation in Thailand, 1976 - 1989
Policy Research Working Papers, World Bank, 1997Population pressures play less of a role in deforestation than earlier studies of Thailand found. Between 1976 and 1989, Thailand lost 28 percent ofits forest cover.Pages
