{"title":"Corruption Control in Authoritarian Regimes: Lessons from East Asia by Christopher Carothers, Cambridge, Cambridge University Press, 2022, xi + 290 pp.","authors":"Martin K. Dimitrov","doi":"10.1111/deve.12342","DOIUrl":"https://doi.org/10.1111/deve.12342","url":null,"abstract":"","PeriodicalId":46525,"journal":{"name":"Developing Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2022-12-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50148427","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Privilege and Anxiety: The Korean Middle Class in the Global Era by Hagen Koo, Ithaka, NY, Cornell University Press, 2022, ix + 146 pp.","authors":"Shinji Kojima","doi":"10.1111/deve.12344","DOIUrl":"https://doi.org/10.1111/deve.12344","url":null,"abstract":"","PeriodicalId":46525,"journal":{"name":"Developing Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2022-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50137709","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Public expenditures and life satisfaction: Evidence from Turkey","authors":"Ümİt Acar, Abdullah Tİrgİl","doi":"10.1111/deve.12343","DOIUrl":"https://doi.org/10.1111/deve.12343","url":null,"abstract":"<p>Gross domestic product has been the primary development indicator for nearly a century and has played an important role in designing and evaluating public policies and comparing countries' development levels. On the other hand, the last two decades have seen a growing trend toward alternative well-being indicators. One of these alternative indicators is life satisfaction. We study the relationship between public expenditures such as health, education, and recreation and people's life satisfaction. We employ the OLS and ordered probit models utilizing a large representative household survey with more than 196,000 observations from Turkey. Our findings indicate that health, education, and recreation expenditures are positively associated with individuals' life satisfaction. We also explore potential mechanisms underlying the significant effects of public expenditures on life satisfaction. These significant correlations may be driven by satisfaction with health services, educational services, and social life.</p>","PeriodicalId":46525,"journal":{"name":"Developing Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2022-12-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50124823","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Returns to Schooling in Thailand: Evidence from the 1978 Compulsory Schooling Law","authors":"Upalat Korwatanasakul","doi":"10.1111/deve.12341","DOIUrl":"https://doi.org/10.1111/deve.12341","url":null,"abstract":"<p>This paper estimates returns to schooling in Thailand by applying the regression discontinuity approach to the change in the compulsory schooling law in 1978. This law enhanced human capital investment on the eve of rapid structural transformation. The returns to schooling based on the instrumental variables estimation were around 8%, while ordinary least squares (OLS) overestimated such returns. Returns were higher for females, urban areas, the services sector, and underdeveloped regions. The findings contrast sharply with studies exploiting similar institutional changes in developed countries where OLS estimates underestimate returns to schooling, implying that former school dropouts tend to have higher returns than those already in school before the law change. Ability bias is more likely to arise in developing countries, possibly because parents might be forced to keep children only with higher abilities in school, reinforcing inequality among children within the household.</p>","PeriodicalId":46525,"journal":{"name":"Developing Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2022-11-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50153148","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Collaborative Damage: An Experimental Ethnography of Chinese Globalization by Mikkel Bunkenborg, Morten Nielsen, and Morten Axel Pedersen, Ithaca, NY, Cornell University Press, 2022, xiii + 277 pp.","authors":"Cheryl Mei-ting Schmitz","doi":"10.1111/deve.12337","DOIUrl":"https://doi.org/10.1111/deve.12337","url":null,"abstract":"","PeriodicalId":46525,"journal":{"name":"Developing Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2022-10-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50154074","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Impacts of Vaccination on International Trade During the Pandemic Era","authors":"Kazunobu Hayakawa","doi":"10.1111/deve.12332","DOIUrl":"10.1111/deve.12332","url":null,"abstract":"<p>This paper examines how COVID-19 vaccinations change international trade. We analyze monthly level trade data from January 2020 to March 2022 that cover the bilateral exports from 40 reporting countries to 220 partner countries. Our findings can be summarized as follows. On average, the effects of vaccination rates in importing and exporting countries on exports were found to be insignificant. When considering the income level, we also did not find significant effects of vaccination rates in high- and low-income <i>importing</i> countries on exports. In contrast, the rise of vaccination rates in low-income <i>exporting</i> countries significantly increased their exports though no significant increase in exports was detected when vaccination rates rose in high-income <i>exporting</i> countries. These results imply that since low-income countries are mainly engaged in labor-intensive industries, the relaxation of lockdown orders (i.e., movement and gathering restrictions) driven by the rise of vaccination rates plays a crucial role in production activities in low-income countries.</p>","PeriodicalId":46525,"journal":{"name":"Developing Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2022-10-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"9149781","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Banking on Growth Models: China's Troubled Pursuit of Financial Reform and Economic Rebalancing by Stephen Bell and Hui Feng, Ithaca, NY, Cornell University Press, 2022, xiv+289 pp.","authors":"Shaun Breslin","doi":"10.1111/deve.12335","DOIUrl":"https://doi.org/10.1111/deve.12335","url":null,"abstract":"","PeriodicalId":46525,"journal":{"name":"Developing Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2022-10-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50138283","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Global Youth Unemployment: History, Governance and Policy by Ross Fergusson and Nicola Yeates, Cheltenham, Edward Elgar, 2021, xv + 279 pp.","authors":"Shih-Jiunn Shi","doi":"10.1111/deve.12333","DOIUrl":"10.1111/deve.12333","url":null,"abstract":"","PeriodicalId":46525,"journal":{"name":"Developing Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2022-10-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75469276","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Khoa A. Trinh, Nathan Berg, Arlene Garces-Ozanne, Stephen Knowles
{"title":"Why Did They Not Borrow? Debt-Averse Farmers In Rural Vietnam","authors":"Khoa A. Trinh, Nathan Berg, Arlene Garces-Ozanne, Stephen Knowles","doi":"10.1111/deve.12336","DOIUrl":"10.1111/deve.12336","url":null,"abstract":"<p>Nonborrowers are defined as debt averse if they have never borrowed in the past and prefer avoiding debt in the future, even when offered generous borrowing terms such as zero interest rates, zero collateral, and easy debt-forgiveness. Other nonborrower types have either borrowed in the past or are open to doing so in the future. To better understand nonborrowing behavior, credit preference types (CPTs) were measured among 575 low-income farmers in Mekong Delta, Vietnam. Among 208 current nonborrowers, 156 had never borrowed and only seven were credit rationed. Among never-borrowers, 102 were debt-averse. Thus, more than half of eligible nonborrowers (102 out of 201) were debt averse. This high prevalence challenges the assumption of unmet credit demand among the poor. Disaggregating CPTs reveals heterogeneity among nonborrowers that would remain observationally equivalent otherwise. We report reasons for not borrowing and investigate how observable characteristics influence the likelihood of debt aversion.</p>","PeriodicalId":46525,"journal":{"name":"Developing Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2022-10-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75301429","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}