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  • 1
    UID:
    b3kat_BV040617395
    Format: 1 Online-Ressource
    Edition: Online-Ausgabe World Bank E-Library Archive Sonstige Standardnummer des Gesamttitels: 041181-4
    Edition: Also available in print.
    Series Statement: Policy research working paper 2759
    Content: In Colombia, Mexico, and Morocco, firms' past exposure to foreign knowledge through exports, imported imputs, and foreign direct investment does not help to predict current product quality or productive efficiency
    Note: "January 2002. - Includes bibliographical references (p. 34-36). - Title from title screen as viewed on Aug. 22, 2002 , Erscheinungsjahr in Vorlageform:[2002]
    Additional Edition: Reproduktion von Kraay, Aart Product quality, productive efficiency, and international technology diffusion 2002
    Language: English
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 2
    Online Resource
    Online Resource
    Washington, D.C : World Bank, Development Research Group, and World Bank Institute, Governance, Regulation, and Finance Division
    UID:
    b3kat_BV040617408
    Format: 1 Online-Ressource
    Edition: Online-Ausgabe World Bank E-Library Archive Sonstige Standardnummer des Gesamttitels: 041181-4
    Series Statement: Policy research working paper 2772
    Note: "February 2002"--Cover. - Includes bibliographical references (p. 17). - Title from title screen as viewed on June 4, 2002 , Erscheinungsjahr in Vorlageform:[2002] , Weitere Ausgabe: Kaufmann, Daniel: Governance matters II
    Additional Edition: Reproduktion von Kaufmann, Daniel Governance matters II 2002
    Language: English
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 3
    Online Resource
    Online Resource
    Washington, D.C ; s.l. : Development Research Group
    UID:
    b3kat_BV040617562
    Format: 1 Online-Ressource
    Edition: Online-Ausgabe World Bank E-Library Archive Sonstige Standardnummer des Gesamttitels: 041181-4
    Edition: Also available in print.
    Series Statement: Policy research working paper 2928
    Note: "November 19, 2002. - Includes bibliographical references. - Title from title screen as viewed on November 20, 2002 , Erscheinungsjahr in Vorlageform:[2002] , Weitere Ausgabe: Kaufmann, Daniel: Growth without governance
    Additional Edition: Reproduktion von Kaufmann, Daniel Growth without governance 2002
    Language: English
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 4
    UID:
    b3kat_BV040619236
    Format: 1 Online-Ressource (1 online resource (42 p.))
    Edition: Online-Ausgabe World Bank E-Library Archive Sonstige Standardnummer des Gesamttitels: 041181-4
    Content: The validity of instrumental variables (IV) regression models depends crucially on fundamentally untestable exclusion restrictions. Typically exclusion restrictions are assumed to hold exactly in the relevant population, yet in many empirical applications there are reasonable prior grounds to doubt their literal truth. In this paper I show how to incorporate prior uncertainty about the validity of the exclusion restriction into linear IV models, and explore the consequences for inference. In particular I provide a mapping from prior uncertainty about the exclusion restriction into increased uncertainty about parameters of interest. Moderate prior uncertainty about exclusion restrictions can lead to a substantial loss of precision in estimates of structural parameters. This loss of precision is relatively more important in situations where IV estimates appear to be more precise, for example in larger samples or with stronger instruments. The author illustrates these points using several prominent recent empirical papers that use linear IV models
    Additional Edition: Reproduktion von Kraay, Aart Instrumental Variables Regressions With Honestly Uncertain Exclusion Restrictions 2008
    Language: English
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  • 5
    UID:
    b3kat_BV040616864
    Format: 1 Online-Ressource (1 online resource (38 p.))
    Edition: Online-Ausgabe World Bank E-Library Archive Sonstige Standardnummer des Gesamttitels: 041181-4
    Content: November 1999 - It is difficult to choose the best model for forecasting real per capita GDP for a particular country or group of countries. This study suggests potential gains from combining time series and growth-regression-based approaches to forecasting. Kraay and Monokroussos consider two alternative methods of forecasting real per capita GDP at various horizons: · Univariate time series models estimated country by country. · Cross-country growth regressions. They evaluate the out-of-sample forecasting performance of both approaches for a large sample of industrial and developing countries. They find only modest differences between the two approaches. In almost all cases, differences in median (across countries) forecast performance are small relative to the large discrepancies between forecasts and actual outcomes. Interestingly, the performance of both models is similar to that of forecasts generated by the World Bank's Unified Survey. The results do not provide a compelling case for one approach over another, but they do indicate that there are potential gains from combining time series and growth-regression-based forecasting approaches. This paper - a product of Macroeconomics and Growth, Development Research Group - is part of a larger effort in the group to improve the understanding of economic growth. The authors may be contacted at akraay@worldbank.org or gmonokroussos@worldbank.org
    Additional Edition: Reproduktion von Kraay, Aart Growth Forecasts Using Time Series and Growth Models 1999
    Language: English
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  • 6
    UID:
    b3kat_BV040616907
    Format: 1 Online-Ressource (1 online resource (52 p.))
    Edition: Online-Ausgabe World Bank E-Library Archive Sonstige Standardnummer des Gesamttitels: 041181-4
    Content: January 2000 - No - there is no systematic association between interest rates and the outcome of speculative attacks. Drawing on evidence from a large sample of speculative attacks in industrial and developing countries, Kraay argues that high interest rates do not defend currencies against speculative attacks. In fact, there is a striking lack of any systematic association between interest rates and the outcome of speculative attacks. The lack of clear empirical evidence on the effects of high interest rates during speculative attacks mirrors the theoretical ambiguities on this issue. This paper - a product of Macroeconomics and Growth, Development Research Group - is part of a larger effort in the group to study the causes and consequences of financial crises. The author may be contacted at akraay@worldbank.org
    Note: Weitere Ausgabe: Kraay, Aart ---〉 Do: High Interest Rates Defend Currencies during Speculative Attacks?
    Additional Edition: Reproduktion von Kraay, Aart Do High Interest Rates Defend Currencies during Speculative Attacks? 2000
    Language: English
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  • 7
    UID:
    b3kat_BV040619258
    Format: 1 Online-Ressource (1 online resource (105 p.))
    Edition: Online-Ausgabe World Bank E-Library Archive Sonstige Standardnummer des Gesamttitels: 041181-4
    Content: This paper reports on the latest update of the Worldwide Governance Indicators (WGI) research project, covering 212 countries and territories and measuring six dimensions of governance between 1996 and 2007: Voice and Accountability, Political Stability and Absence of Violence/Terrorism, Government Effectiveness, Regulatory Quality, Rule of Law, and Control of Corruption. The latest aggregate indicators are based on hundreds of specific and disaggregated individual variables measuring various dimensions of governance, taken from 35 data sources provided by 32 different organizations. The data reflect the views on governance of public sector, private sector and NGO experts, as well as thousands of citizen and firm survey respondents worldwide. The authors also explicitly report the margins of error accompanying each country estimate. These reflect the inherent difficulties in measuring governance using any kind of data. The authors also briefly describe the evolution of the WGI since its inception, and show that the margins of error on the aggregate governance indicators have declined over the years, even though they still remain non-trivial. The authors find that even after taking margins of error into account, the WGI permit meaningful cross-country comparisons as well as monitoring progress over time. In less than a decade, a substantial number of countries exhibit statistically significant improvements in at least one dimension of governance, while other countries exhibit deterioration in some dimensions. These aggregate indicators, spanning more than a decade, together with the disaggregated individual indicators, are available at www.govindicators.org
    Note: Weitere Ausgabe: Kaufmann, Daniel: Governance Matters VII
    Additional Edition: Reproduktion von Kaufmann, Daniel Governance Matters VII 2008
    Language: English
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  • 8
    UID:
    b3kat_BV040618932
    Format: 1 Online-Ressource (1 online resource (30 p.))
    Edition: Online-Ausgabe World Bank E-Library Archive Sonstige Standardnummer des Gesamttitels: 041181-4
    Content: Multilateral development banks are frequently accused of "defensive lending," the practice of extending new loans purely in order to ensure that existing loans are repaid. This paper empirically examine this hypothesis using data on lending by and repayments to the International Development Association (IDA), which is the largest provider of concessional development loans to low-income countries. The authors argue that key institutional features of IDA both (i) potentially create incentives for defensive lending, and (ii) enable particularly sharp tests of the defensive lending hypothesis. The authors find that there is a surprisingly robust partial correlation between disbursements on new IDA loans and repayments on existing loans. However, a closer look at the evidence suggests that defensive lending is unlikely to be a major explanation for this partial correlation
    Note: Weitere Ausgabe: Geginat, Carolin: Does IDA Engage In Defensive Lending ?
    Additional Edition: Reproduktion von Geginat, Carolin Does IDA Engage In Defensive Lending ? 2007
    Language: English
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  • 9
    UID:
    b3kat_BV040618617
    Format: 1 Online-Ressource (1 online resource (109 p.))
    Edition: Online-Ausgabe World Bank E-Library Archive Sonstige Standardnummer des Gesamttitels: 041181-4
    Content: The authors report on the latest version of the worldwide governance indicators, covering 213 countries and territories and measuring six dimensions of governance from 1996 until end-2005: voice and accountability, political stability and absence of violence, government effectiveness, regulatory quality, rule of law, and control of corruption. The latest indicators are based on hundreds of variables and reflect the views of thousands of citizen and firm survey respondents and experts worldwide. Although global averages of governance display no marked trends during 1996-2005, nearly one-third of countries exhibit significant changes [for better or for worse] on at least one dimension of governance. Three new features distinguish this update. (1) The authors have moved to annual reporting of governance estimates. This update includes new governance estimates for 2003 and 2005, as well as minor backward revisions to biannual historical data for 1996-2004. (2) The authors are, for the first time, publishing the individual measures of governance from virtually every data source underlying the aggregate governance indicators. The ready availability of the individual data sources underlying the aggregate governance indicators is aimed at further enhancing the transparency of the methodology and of the resulting aggregate indicators, as well as helping data users and policymakers identify specific governance challenges in individual countries. (3) The authors present new evidence on the reliability of expert assessments of governance which, alongside survey responses, form part of the aggregate measures of governance
    Note: Weitere Ausgabe: Kaufmann, Daniel: Governance Matters V
    Additional Edition: Reproduktion von Kaufmann, Daniel Governance Matters V 2006
    Language: English
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  • 10
    UID:
    b3kat_BV040618884
    Format: 1 Online-Ressource (1 online resource (94 p.))
    Edition: Online-Ausgabe World Bank E-Library Archive Sonstige Standardnummer des Gesamttitels: 041181-4
    Content: This paper reports on the latest update of the Worldwide Governance Indicators (WGI) research project covering 212 countries and territories and measuring six dimensions of governance between 1996 and 2006: voice and accountability, political stability and absence of violence, government effectiveness, regulatory quality, rule of law, and control of corruption. This latest set of aggregate indicators are based on hundreds of specific and disaggregated individual variables measuring various dimensions of governance taken from 33 data sources provided by 30 different organizations. The data reflect the views on governance of public sector, private sector, and nongovernmental organization experts, as well as thousands of citizen and firm survey respondents worldwide. The paper also explicitly reports the margins of error accompanying each country estimate. These reflect the inherent difficulties in measuring governance using any kind of data. It finds that even after taking margins of error into account, the WGI permit meaningful cross-country comparisons, as well as monitoring progress over time. In less than a decade, a substantial number of countries exhibit statistically significant improvements in at least one dimension of governance, while other countries exhibit deterioration in some dimensions. The decade-long aggregate indicators, together with the disaggregated individual indicators, are available in a newly-redesigned website at www.govindicators.org
    Note: Weitere Ausgabe: Mastruzzi, Massimo: Governance Matters VI
    Additional Edition: Reproduktion von Mastruzzi, Massimo Governance Matters VI 2007
    Language: English
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