Three Essays on Markets and Welfare in Sub-Saharan Africa

Three Essays on Markets and Welfare in Sub-Saharan Africa PDF Author: Jenny Carson Aker
Publisher:
ISBN:
Category :
Languages : en
Pages : 173

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Three Essays on Markets and Welfare in Sub-Saharan Africa

Three Essays on Markets and Welfare in Sub-Saharan Africa PDF Author: Jenny Carson Aker
Publisher:
ISBN:
Category :
Languages : en
Pages : 173

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Three Essays on Markets and Welfare in Sub-Sahara Africa

Three Essays on Markets and Welfare in Sub-Sahara Africa PDF Author: Jenny Carson Aker
Publisher:
ISBN:
Category :
Languages : en
Pages : 380

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Three Essays on Trade and Development in Sub-Saharan Africa

Three Essays on Trade and Development in Sub-Saharan Africa PDF Author: Woubet Kassa
Publisher:
ISBN: 9781392118542
Category : Africa, Sub-Saharan
Languages : en
Pages : 106

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This is a 3 essay dissertation on trade, exchange rate and development in Africa. The first chapter examines the extent to which financial development and trade openness mediate the impact of exchange rate regimes on productivity and growth. The empirical evidence on the relationship between exchange rate flexibility and growth in developing economies is mixed. Arguably, this relationship depends on the underlying characteristics of an economy, often overlooked in studies of the impact of exchange rate regime choice. The chapter investigates and estimates the relationship between exchange rate regimes and growth in Africa across the distribution of the level of financial development and trade openness. I find that exchange rate flexibility has a negative effect on growth. Greater financial development and trade openness; however, enhance the potential benefits of flexible regimes, and hence lessens the negative growth effect. The second chapter examines the impact of the African Growth and Opportunity Act (AGOA) for Sub-Saharan African countries. The objectives in this chapter are two fold. First, it evaluates the total trade creation impact of AGOA using synthetic control method (SCM); a quasi-experimental approach that addresses limitations in existing empirical approaches to examining the impact of preferential trade agreements (PTAs). Second, it explores possible determinants of the variations in the estimated impact across countries and review the underlying mechanisms driving the variations. The main finding is that most countries registered gains in exports due to AGOA. The results, however were varied and export gains were largely unsteady. The variation in the impacts is largely explained by infrastructure, institutions of legal frameworks, ease of labor market regulations and the macroeconomic environment including stable exchange rates and low inflation. Using new data on global value chains (GVC) of textile and apparel associated with AGOA exports, the third chapter examines the role of rules of origin in restricting domestic value addition in exports and; hence industrialization in sub-Saharan Africa. Though there is a lot of evidence, albeit mixed, on how PTAs such as AGOA affect aggregate exports, evidence on whether the preferential market access leads to the dynamic benefits of growth is still contentious. Countries who benefit from the 'Special Rule for Apparel' under AGOA with liberal rules of origin registered significant increases in textile exports. But, the foreign value added content of their exports increased significantly following AGOA. This raises questions about the realization of the dynamic growth returns from exporting following AGOA, accompanied by liberal rules of origin.

A.P. Giannini and the Giannini Foundation of Agricultural Economics

A.P. Giannini and the Giannini Foundation of Agricultural Economics PDF Author: Giannini Foundation of Agricultural Economics
Publisher: Giannini Foundation of Agricultural Economics University of California
ISBN:
Category : Agriculture
Languages : en
Pages : 422

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Dissertation Abstracts International

Dissertation Abstracts International PDF Author:
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 640

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Essays on Development and Biodiversity Conservation in Sub-Saharan Africa

Essays on Development and Biodiversity Conservation in Sub-Saharan Africa PDF Author: Ariane Manuela Amin
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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This thesis is composed of a set of research in applied economics that enroll in the contemporary field of economics of biodiversity. The thesis focuses specifically on the links between economic development, local welfare and biodiversity conservation in sub-Saharan Africa region. An introductory chapter presents the subject of the thesis as well as the research field and situates our contribution.The rest of the thesis is composed of two parts divided into macroeconomic studies and case studies. Part 1 (composed of chapter 2 and chapter 3) addresses the link biodiversity and development under a macroeconomic perspective by taking into account spatial interactions between countries. In chapter 2, we examine the impact of development in sub-Saharan Africa on biodiversity using recent indicators on threatened species. In chapter 3, we focus on the mechanisms that support public conservation policies in Sub-Saharan Africa and tested the effect of tourism, environmental aid and spillover effects on conservation effort. Part 2 (composed of chapter 4 and chapter 5) presents two case studies in Ivory Coast. Chapter 4 presents a cost benefit analysis using contingent valuation and market price method. It evaluates the costs and benefits of conservation for local populations. In chapter 5 we examine people's preferences for conservation and identify key factors that determine local preferences. In the last chapter we draw implications of results and present potential extensions of this thesis.

Social Trust

Social Trust PDF Author: Timothy C. Earle
Publisher:
ISBN: 9780313369896
Category : Confidence
Languages : en
Pages : 0

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Market Institutions in Sub-Saharan Africa

Market Institutions in Sub-Saharan Africa PDF Author: Marcel Fafchamps
Publisher: MIT Press
ISBN: 0262262703
Category : Business & Economics
Languages : en
Pages : 543

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Book Description
An analysis of recent data on the economic behavior of market institutions in sub-Saharan Africa, with implications for future research and current policy. In Market Institutions in Sub-Saharan Africa, Marcel Fafchamps synthesizes the results of recent surveys of indigenous market institutions in twelve countries, including Benin, Ghana, Kenya, Madagascar, Malawi, and Zimbabwe, and presents findings about economics exchange in Africa that have implications both for future research and current policy. Employing empirical data as well as theoretical models that clarify the data, Fafchamps takes as his unifying principle the difficulties of contract enforcement. Arguing that in an unpredictable world contracts are not always likely to be respected, he shows that contract agreements in sub-Saharan Africa are affected by the absence of large hierarchies (both corporate and governmental) and as a result must depend to a greater degree than in more developed economies on social networks and personal trust. Fafchamps considers policy recommendations as they apply to countries in three different stages of development: countries with undeveloped market institutions, like Ghana; countries at an intermediate stage, like Kenya; and countries with developed market institutions, like Zimbabwe. Market Institutions in Sub-Saharan Africa caps ten years of personal research by the author. Fafchamps, in collaboration with such institutions as the Africa Division of the World Bank and the International Food Policy Research Institute, participated in the surveys of manufacturing firms and agricultural traders that provide the empirical basis for the book. The result is a work that makes a significant contribution to research on the continuing economic stagnation of many countries in sub-Saharan Africa and is also largely accessible to researchers in other fields and policy professionals.

Three Essays on the Dynamics of Informal Institutional Change in Sub-Saharan Africa

Three Essays on the Dynamics of Informal Institutional Change in Sub-Saharan Africa PDF Author: Benjamin D. Linkow
Publisher:
ISBN:
Category :
Languages : en
Pages : 158

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Shadow Wages and Peasant Family Labor Supply

Shadow Wages and Peasant Family Labor Supply PDF Author: Hanan Jacoby
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 64

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