Journal of Comparative Economics, Volume 46, Issue 2, June 2018
This study examines how changes in the minimum wage affect child labor in India. The analysis uses repeated cross sections of India’s NSSO employment data from 1983 to 2008 merged with data on state-level minimum wage rates. Theoretically, the impact of the minimum wage on child work could go either way, so empirical evidence from a country with high rates of child labor and a myriad of minimum wage laws across states and industries helps to lessen the ambiguity. Results indicate that regardless of gender, in urban areas, a higher minimum wage reduces child labor in household work. In rural areas a similar result applies for girls while household labor does rise for boys. The minimum wage has virtually no impact on child work outside of the home across urban and rural areas.
The energy consumption and economic growth nexus in top ten energy-consuming countries: Fresh evidence from using the quantile-on-quantile approach
Muhammad Shahbaz, Muhammad Zakaria, Syed Jawad Hussain Shahzad, and Mantu Kumar Mahalik. (2018).
Energy Economics, 71 : 282-301.
This paper empirically examines the inter-linkages between energy consumption and economic growth in top ten energy-consuming countries i.e. China, the USA, Russia, India, Japan, Canada, Germany, Brazil, France and South Korea. We use the quantile-on-quantile (QQ) approach of Sim and Zhou (2015) to explore some nuanced features of the energy-growth nexus and to capture the relationship in its entirety. The results show a positive association between economic growth and energy consumption, with considerable variations across economic states in each country. A weak effect of economic growth on energy consumption is noted for the lower quantiles of economic growth in China, India, Germany and France, which suggests that energy as an input has less importance at low levels of economic growth. A weak effect of economic growth on energy consumption is also noted for the highest quantiles of income in the United States, Canada, Brazil and South Korea, which indicates that energy demand decreases with the increase in economic growth as these countries have become more energy efficient. The weakest effect of energy consumption on economic growth is observed at lower quantiles of energy consumption in China, Japan, Brazil and South Korea. The results of the present study can help in the design of energy development and conservation policies for sustainable and long-term economic development.
Wealth-destroying private property rights by Peter T. Leeson, Colin Harris
The impact of community forest concessions on income: an analysis of communities in the Maya Biosphere Reserve by Corinne Bocci, Lea Fortmann, Brent Sohngen, Bayron Milian
Sanitation and child health in India by Britta Augsburg, Paul Andrés Rodríguez-Lesmes
Playing games to save water: Collective action games for groundwater management in Andhra Pradesh, India by Ruth Meinzen-Dick, Marco A. Janssen, Sandeep Kandikuppa, Rahul Chaturvedi, … Sophie Theis
Agent banking in a highly under-developed financial sector: Evidence from Democratic Republic of Congo by Robert Cull, Xavier Gine, Sven Harten, Soren Heitmann, Anca Bogdana Rusu
Do men and women estimate property values differently? by Cheryl R. Doss, Zachary Catanzarite, William Baah-Boateng, Hema Swaminathan, … J.Y. Suchitra
The interplay between planned and autonomous adaptation in response to climate change: Insights from rural Ethiopia by Azeb Assefa Mersha, Frank van Laerhoven
Welfare spending and political conflict in Latin America, 1970–2010 by Patricia Justino, Bruno Martorano
Climate adaptation strategies in Fiji: The role of social norms and cultural values by Andreas Neef, Lucy Benge, Bryan Boruff, Natasha Pauli, … Renata Varea
Unintended effects of a targeted maternal and child nutrition intervention on household expenditures, labor income, and the nutritional status of non-targeted siblings in Ghana by Katherine P. Adams, Travis J. Lybbert, Stephen A. Vosti, Emmanuel Ayifah, … Kathryn G. Dewey
Natural resource sector FDI, government policy, and economic growth: Quasi-experimental evidence from Liberia by Jonas B. Bunte, Harsh Desai, Kanio Gbala, Bradley Parks, Daniel Miller Runfola
New modalities for managing drought risk in rainfed agriculture: Evidence from a discrete choice experiment in Odisha, India by Patrick S. Ward, Simrin Makhija
Using Facebook ad data to track the global digital gender gap by Masoomali Fatehkia, Ridhi Kashyap, Ingmar Weber
New reading of Saharan agricultural transformation: Continuities of ancient oases and their extensions (Algeria) by Meriem Farah Hamamouche, Marcel Kuper, Hichem Amichi, Caroline Lejars, Tarik Ghodbani
Legalization, diplomacy, and development: Do investment treaties de-politicize investment disputes? by Geoffrey Gertz, Srividya Jandhyala, Lauge N. Skovgaard Poulsen
Climate change and gender equality in developing states by Joshua Eastin
More farmers, less farming? Understanding the truncated agrarian transition in Thailand by Jonathan Rigg, Albert Salamanca, Monchai Phongsiri, Mattara Sripun
Impact of security expenditures in military alliances on violence from non-state actors: Evidence from India by Dhruv Gupta, Karthik Sriram
Exposure to firewood: Consequences for health and labor force participation in Mexico by Omar Stabridis, Edwin van Gameren
Productive effects of public works programs: What do we know? What should we know? by Esther Gehrke, Renate Hartwig
DEA and SFA research on the efficiency of microfinance institutions: A meta-analysis by François Fall, Al-mouksit Akim, Harouna Wassongma
Special Section: Symposium on Secondary Towns and Poverty Reduction
Beyond dualism: Agricultural productivity, small towns, and structural change in Bangladesh by M. Shahe Emran, Forhad Shilpi
Small and medium cities and development of Mexican rural areas by Julio A. Berdegué, Isidro Soloaga
Evers,Michael; Niemann,Stefan; Schiffbauer,Marc Tobias
Policy Research Working Paper WPS8436
This paper presents a simple model with financial frictions where inflation increases the cost faced by firms holding liquid assets to hedge risky production against expenditure shocks. Inflation tilts firms’ technology choice away from innovative activities and toward safer but return-dominated ones, and therefore reduces long-run growth. The theory makes specific predictions about how the severity of this adverse effect depends on industry characteristics. These predictions are tested with novel harmonized firm-level data from 139 developing countries, overcoming small sample problems constraining previous work. The analysis finds that inflation affects the composition but not the overall quantity of investment. A one percentage point increase in inflation reduces the establishment-level probability of innovation by 4.3 percent but does not affect total investment. Moreover, innovating firms display a stronger dependence on liquid assets, which, in turn, are negatively related to inflation. Generalized difference-in-differences estimations corroborate the sector-specific predictions of the theoretical model.
Courtesy: World Bank
Courtesy: Wiley online library