Publications @en

November 2017 [2017-21]Regulating transgenic soybean production in Argentina Pascale PHELINAS, Sonia SCHWARTZ

This article investigates how to regulate transgenic soybean production in Argentina. Taking into account the broad range of negative externalities associated with transgenic soybean production, we explore the effects of two different policy instruments, namely a subsidy for non-transgenic soybean and production quotas for transgenic soybean. Taking into account the political and economic context in […]

October 2017 [2017-17]Investment climate, outward orientation and manufacturing firm productivity: New empirical evidence Hoang Thanh Mai NGUYEN, Marie-Ange VEGANZONES-VAROUDAKIS

Drawing on the World Bank Enterprise Surveys (WBES), we revisit the link between investment climate and firm productive performance for a panel of enterprises surveyed twice in 70 developing countries and 11 manufacturing industries. We take advantage of the surveys done at different times in an increasing number of economies, to tackle the endogeneity issue […]

October 2017 [2017-16] Effect of central transfers on municipalities’ own revenue mobilization: Do conflict and local revenue management matter? Jean-François BRUN, Tiangboho SANOGO

This paper analyzes the effect of the transfers from central government to municipalities on the revenue mobilization by municipalities in Côte d’Ivoire over the period 2001-2014. The analysis is based on a new carefully-constructed dataset covering the conflict and post conflict periods for 115 municipalities. A two-stage least squares estimator is combined with the Grouped […]

September 2017 [2017-0]Is fiscal policy always counter- (pro-) cyclical? The role of public debt and fiscal rules Jean-Louis COMBES, Alexandru MINEA, Mousse Ndoye SOW

We investigate the reaction of fiscal policy to the business cycle in a panel of 56 developed, emerging and developing economies over 1990–2011. While we strengthen the established finding that fiscal policy is counter-cyclical, additional outcomes emerge from this study. We reveal a non-linear response of fiscal policy to the business cycle, conditional upon the […]