Working Paper
The Effect of Climate Change on Economic Growth
This paper is a contribution to the empirics of climate change and its effect on sustainable economic growth in Sub-Saharan Africa. Using data on two climate variables, temperature and precipitation, and employing panel cointegration techniques, we...
Journal Article
Firm-Level Corruption in Vietnam
This article uses panel data from a survey of small- and medium-sized enterprises in Vietnam to uncover which firms pay bribes and which do not. We also study how bribe paying evolved between 2005 and 2007 and test how the determinants of bribes...
Working Paper
Estimating the level and distribution of global wealth, 2000–14
Davies et al. (2008, 2011) provided the first estimates of the global distribution of wealth, using 2000 as the benchmark year. These estimates have been revised and updated since 2010, and the purpose of this paper is to explain the ways in which...
Working Paper
The Characteristics of Macroeconomic Shocks in the CFA Franc Zone
In this paper we fit a VECM in output and prices to data from ten countries of the CFA Franc Zone. This model allows for various cross-country interactions in both the short run and the long run. The VECM parameters are used to estimate persistence...
Working Paper
Monetary Policy in the CFA Zone
This paper examines whether the BCEAO has made use of the various policy instruments at its disposal for steering credit in the individual CFA zone member countries to complement interest rate policy at the zone level. We estimate whether private...
Book
Made in Africa
Over the past forty years, industry and business interests have moved increasingly from the developed to the developing world, yet Africa’s share of global manufacturing has fallen from about 3 percent in 1970 to less than 2 percent in 2014. Industry...
Working Paper
Can fungibility of development aid lead to more effective achievement of the SDGs?
In this paper, we explore the relationship between foreign aid fungibility and aggregate welfare. Using panel data from 35 low-income and lower-middle-income countries, we first check the presence of sectoral aid fungibility in our sample and find...
Working Paper
Foreign Aid and Mobilization of Growth Factors in Sub-Saharan Africa
This study addresses the macroeconomic effect of foreign aid on the factors of growth. Specifically, we examine the effects of foreign aid on capital investment (human capital, physical capital) in sub-Saharan Africa. Our methodological approach...
Working Paper
Subjective Poverty and Reference-Dependence
How a person assesses the wellbeing derived from income is often determined as much by its contrast with a reference point as by the level of income itself. In this paper, I use a household survey from Mexico to examine how subjective poverty...
Working Paper
Measuring the Effect of Spell Recurrence on Poverty Dynamics
The analysis of poverty dynamics yields important insights about the expected effectiveness of alternative social policies on poverty reduction. This paper analyses the effect of spell recurrence on poverty dynamics taking into account multiple...
Working Paper
A Phoenix in Flames?
This paper challenges the idea that farmers revert to subsistence farming when confronted with violence from civil war. Macro-economic evidence on economic legacies of civil war suggests that civil wars, while obviously disastrous in the short run...
Book
Manufacturing Transformation
This is an open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. While it is possible for...
Working Paper
Infrastructure and Poverty Reduction
The paper investigates the impact of infrastructural development on poverty reduction in Nigeria. Specifically, the relative effects of physical and social infrastructure on living standards or poverty indicators are examined, with a view to...
Working Paper
Urbanization and the South Asian Enigma
South Asia has the highest rate of child malnutrition in the world, despite rapid economic growth compared to other regions such as sub-Saharan Africa. Known as the ‘South Asian enigma’ this feature is partly attributed to the low status of women in...
Working Paper
Poverty Mapping with Aggregate Census Data
Spatially disaggregated maps of the incidence of poverty can be constructed by combining household survey data and census data. In some countries (notably China and India), national statistics agencies are reluctant, for reasons of confidentiality...