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Does Technical Efficiency Dominate Resource Reallocation in Aggregate Productivity Growth? Evidence from Swazi Manufacturing

Is the effect of input reallocation on aggregate productivity growth (APG) less than that of technical efficiency? A robust finding in two influential meta-analyses by Bartelsman et al. (2004) and Paǵes et al.

Working Paper
1 Jan 2018

The Skills to Pay the Bills: Returns to On-the-job Soft Skills Training

Adhvaryu, Kala and Nyshadham (2017) evaluate the causal impacts of on-the-job soft skills training on the productivity, wages, and retention of female garment workers in India. The program increased women’s extraversion and communication, and spurred technical skill upgrading.

Working Paper
1 Dec 2017

Monitoring and Intrinsic Motivation: Evidence from Liberia’s Trucking Firms

Severe information asymmetries are thought to make contracting particularly difficult within (and across) firms in developing countries. Standard principal-agent theory predicts that a new monitoring technology provided at zero cost should be widely adopted and unambiguously raise workers’ effort.

Working Paper
19 Nov 2017

Competition and Market Power in Deregulated Fertilizers in India

This paper by Beáta Itin-Shwartz (2017) investigates competition and market share dominance in the Indian fertilizer sector during a process of deregulation, using a newly constructed database.

Working Paper
10 Nov 2017

Interest Rate Caps, Relationship Lending, and Bank Competition: Evidence from Bangladesh

Miyauchi (2017) studies the short and long-term impacts of the interest rate caps on loans for large and medium-sized manufacturing enterprises introduced in 2009 and lifted in 2011 and 2012 in Bangladesh.

Working Paper
10 Nov 2017

Horizontal and Vertical Polarization: Task-Specific Technological Change in a Multi-Sector Economy

Yoon Lee and Shin (2017) analyze the effect of technological change in a novel framework that integrates an economy's skill distribution with its occupational and industrial structure. Individuals become managers or workers based on their managerial vs.

Working Paper
21 Sep 2017

Is There an Energy-Efficiency Gap? Experimental Evidence from Indian Manufacturing Plants

Climate policy pushes energy-efficiency investments as a means to reduce energy consumption, and thus greenhouse gas emissions, in developing countries.

Working Paper
16 Aug 2017

Relationships, Risk and Rents: Evidence from a Market for Ice

Firms frequently engage in repeated trade despite the availability of alternative business partners. A large literature shows how such relationships affect market outcomes, but less is known about how changes in market structure affect these relationships.

Working Paper
21 Jun 2017

Price Effects of Borders Between Lesotho and South Africa

Despite efforts to increase integration within Africa, product markets remain segmented between countries.

Working Paper
1 Jun 2017

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