Review of Development Economics最新文献_第7页

The unintended energy efficiency gain from tax incentives for investment: Micro‐evidence from quasi‐natural experiments in China 投资税收激励带来的意想不到的能源效率收益:来自中国准自然实验的微观证据

4区经济学

Review of Development Economics Pub Date : 2023-10-09 DOI: 10.1111/rode.13058

Yijia Song, Xitao Li, Ruoxi Liu, Xin Peng

{"title":"The unintended energy efficiency gain from tax incentives for investment: Micro‐evidence from quasi‐natural experiments in China","authors":"Yijia Song, Xitao Li, Ruoxi Liu, Xin Peng","doi":"10.1111/rode.13058","DOIUrl":"https://doi.org/10.1111/rode.13058","url":null,"abstract":"Abstract In light of the economic recession in the post‐pandemic era, countries have implemented a wide array of fiscal stimulus measures as a means of addressing the prevailing economic challenges but often neglect to consider the consequences of these stimuli on the environment. Therefore, it is crucial for the government to take environmental considerations into economic stimulus packages, aiming to achieve a sustainable “green recovery.” Using China's value‐added tax (VAT) reform as a quasi‐natural experiment, we find that VAT incentives have significantly improved the firm's energy efficiency through factor substitution and technological progress, indicating that tax incentives are beneficial to economic stimulus and energy saving. In addition, we find that energy market distortions play a significant negative moderating role, which weakens energy efficiency gained from the VAT incentives. Furthermore, heterogeneity analysis shows that the improvement of energy efficiency is concentrated in non‐state, high‐capital intensity, and high financing‐dependent firms. According to our findings, policymakers should have a thorough understanding of the potential of tax incentives for investment as a policy tool for achieving a “green recovery” as long as the energy market is efficient.","PeriodicalId":47635,"journal":{"name":"Review of Development Economics","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135093765","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}

引用次数: 0

Relative contributions of indirect taxes and inflation on inequality: What does the Turkish data reveal? 间接税和通胀对不平等的相对贡献:土耳其的数据揭示了什么?

4区经济学

Review of Development Economics Pub Date : 2023-10-06 DOI: 10.1111/rode.13055

Selçuk Gemicioğlu, Burça Kızılırmak, Uğur Akkoç

{"title":"Relative contributions of indirect taxes and inflation on inequality: What does the Turkish data reveal?","authors":"Selçuk Gemicioğlu, Burça Kızılırmak, Uğur Akkoç","doi":"10.1111/rode.13055","DOIUrl":"https://doi.org/10.1111/rode.13055","url":null,"abstract":"Abstract One way inflation affects consumption inequality is through its varying impact on the purchasing power of different households. Indirect taxes, which affect commodity price levels, are another effective factor influencing consumption inequality. Turkey is a highly unequal country with a long history of high inflation. Moreover, indirect taxes have been used frequently as a policy tool in the last decades. This study develops a novel approach to examining the relative contributions of household inflation rates and indirect tax changes to real consumption inequality and applies it to the case of Turkey. The analysis is carried out using both household‐level data and artificial panel data created to apply the Shapley and Owen decomposition methods. The findings roughly can be summarized in two points. First, while nominal consumption during the 2003–2019 period became more equal, real consumption inequality increased as a result of price changes during that time. Variations in household inflation rates are the primary source of increased inequality. Second, changes in indirect taxes account for 31% to 68% of the unequalizing effect of price changes, depending on the method used. Results imply that monetary and indirect tax policy mix have been in favor of the rich in this period.","PeriodicalId":47635,"journal":{"name":"Review of Development Economics","volume":"243 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135351706","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}

引用次数: 0

Impact of financial inclusion on household welfare in Liberia: A gendered perspective 金融普惠对利比里亚家庭福利的影响:性别视角

4区经济学

Review of Development Economics Pub Date : 2023-09-29 DOI: 10.1111/rode.13057

Francis F. B. Mulbah, Dennis Etemesi Olumeh, Vida Mantey, Billy Okemer Ipara

引用次数: 0

The classical and neoclassical perspectives: A theoretical framework for studying the advent and growth of mobile money—The Tanzanian experience 经典与新古典视角:研究移动货币出现与发展的理论框架——坦桑尼亚的经验

4区经济学

Review of Development Economics Pub Date : 2023-09-29 DOI: 10.1111/rode.13056

Deogratius Joseph Mhella

{"title":"The classical and neoclassical perspectives: A theoretical framework for studying the advent and growth of mobile money—The Tanzanian experience","authors":"Deogratius Joseph Mhella","doi":"10.1111/rode.13056","DOIUrl":"https://doi.org/10.1111/rode.13056","url":null,"abstract":"Abstract The article addresses the need for comprehensive analytical frameworks or perspectives in mobile money research. It also proposes and develops a conceptual framework utilizing classical and neoclassical perspectives. The interdisciplinary nature of mobile money studies and the need for robust analytical frameworks or perspectives pose a significant challenge to researchers, creating a political‐economic gap in analyzing mobile money. In this case, classical and neoclassical mindsets bridge this gap in mobile money analysis. Moreover, the article also addresses the following research question: How have classical and neoclassical perspectives influenced the emergence and growth of mobile money in Tanzania throughout the past 15 years? The argument posits that implementing and dismantling neoliberal policies have facilitated the introduction and advancement of mobile money, drawing upon classical and neoclassical principles. In‐depth, unstructured interviews and content analysis from relevant and scholarly sources have been used as data collection methods. Thematic analysis has also been used for data analysis. The findings indicate that researchers can rely on classical and neoclassical perspectives to analyze mobile money's advent, growth, and consolidation. The implications are that classical and neoclassical perspectives provide a context and a unit of analysis that can be used to study the political‐economic issues of mobile money and other digital financial innovations.","PeriodicalId":47635,"journal":{"name":"Review of Development Economics","volume":"221 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135199902","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}

引用次数: 0

Impact of mobile payment adoption on household expenditures and subjective well‐being 移动支付对家庭支出和主观幸福感的影响

4区经济学

Review of Development Economics Pub Date : 2023-09-26 DOI: 10.1111/rode.13054

Quan He, Wanglin Ma, Puneet Vatsa, Hongyun Zheng

{"title":"Impact of mobile payment adoption on household expenditures and subjective well‐being","authors":"Quan He, Wanglin Ma, Puneet Vatsa, Hongyun Zheng","doi":"10.1111/rode.13054","DOIUrl":"https://doi.org/10.1111/rode.13054","url":null,"abstract":"Abstract This paper estimates the effects of mobile payment adoption on household expenditures and people's subjective well‐being. We consider four categories of household expenditures (that on clothes, durable goods, consumer goods, and cultural and leisure activities) and four indicators (life satisfaction, contentment, income satisfaction, and depression) of subjective well‐being. We use the Augmented Inverse Probability Weighting estimator to analyze the 2017 Chinese General Social Survey data while accounting for the selection bias inherent in mobile payment adoption. The empirical results show that people's decisions to adopt mobile payment are positively associated with their educational levels, car ownership, social interaction, internet penetration rate, and residential location. Mobile payment adoption significantly increases household expenditures on consumer goods and cultural and leisure activities but not on expenditures on clothes and durable goods. Moreover, mobile payment adoption significantly decreases people's contentment while increasing depression. We also find that mobile payment adoption significantly decreases the contentment of urban people but significantly increases the depression of rural people.","PeriodicalId":47635,"journal":{"name":"Review of Development Economics","volume":"138 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135719350","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}

引用次数: 0

Economic openness, financial bias, and the urban–rural income gap 经济开放、金融偏置与城乡收入差距

4区经济学

Review of Development Economics Pub Date : 2023-09-20 DOI: 10.1111/rode.13052

Zuocheng Chen, Krishna P. Paudel, Stephen Devadoss

引用次数: 0

Does household welfare change with finance access? The case of women and the youth in The Gambia 家庭福利是否随着金融渠道的变化而变化?冈比亚妇女和青年的案例

4区经济学

Review of Development Economics Pub Date : 2023-09-19 DOI: 10.1111/rode.13053

Laston Petro Manja, Isatou A. Badjie

{"title":"Does household welfare change with finance access? The case of women and the youth in The Gambia","authors":"Laston Petro Manja, Isatou A. Badjie","doi":"10.1111/rode.13053","DOIUrl":"https://doi.org/10.1111/rode.13053","url":null,"abstract":"Abstract Poor access to finance remains one of the key challenges faced by households and businesses in The Gambia in the face of an underdeveloped financial market. Yet, women and the youth are further disadvantaged as they are reported to face peculiar challenges in finance access, in spite of efforts taken by different stakeholders, including the government. Therefore, this study examines the impacts of various forms of finance on welfare for these marginalized groups by supporting quantitative analyses of the Integrated Household Survey data with some qualitative information. Adopting Lokshin and Sajaia's (2004) endogenous regime switching estimator, due to the nonrandomness of access to finance, the study finds that women households significantly benefit from informal finance through improved food consumption expenditure, and from formal finance through improved income amidst a growing business culture. For the youth, estimates of treatment effects show that informal finance is significantly welfare‐degrading, but formal finance improves almost all measures of welfare. The results reveal, among other things, variations in efficiency and risk attitudes in the use of various forms of finance by the different subpopulations, calling for interventions that increase the level of knowledge and consumer protection.","PeriodicalId":47635,"journal":{"name":"Review of Development Economics","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135063240","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}

引用次数: 0

Estimating the health production function for Pakistan: Do environmental factors matter? 估计巴基斯坦的卫生生产函数:环境因素重要吗?

4区经济学

Review of Development Economics Pub Date : 2023-09-15 DOI: 10.1111/rode.13048

Abdul Majid Awan, Muhammad Azam Khan, Saleem Khan

{"title":"Estimating the health production function for Pakistan: Do environmental factors matter?","authors":"Abdul Majid Awan, Muhammad Azam Khan, Saleem Khan","doi":"10.1111/rode.13048","DOIUrl":"https://doi.org/10.1111/rode.13048","url":null,"abstract":"Abstract It is essential for sustainable economic development to comprehend how environmental factors impact public health. This study analyses this relationship in the context of Pakistan using long‐term data. This study aims to determine how environmental factors influence health production function in Pakistan to enlighten policy decisions that can improve human life and advance the cause of sustainable development. We hypothesize, based on prior research, that urbanization and rainfall will increase life expectancy in Pakistan, while deforestation, temperature, and CO 2 emissions will decrease it. To verify our theory, we use the autoregressive distributed lag (ARDL) method to calculate the long‐run association between the variables, as well as the Zivot–Andrews and Lee–Strazicich unit root tests to identify structural breaks. Utilizing the bound and Gregory–Hansen co‐integration tests, co‐integration is confirmed. According to ARDL estimates, there are statistically significant correlations between factors that affect Pakistan's life expectancy, such as deforestation, temperature, and CO 2 emissions, as well as rainfall and urbanization. The findings of this study underscore the importance of addressing environmental degradation and deforestation in Pakistan. For enhancing human life and achieving sustainable development objectives in the nation, it is essential to modernize forest laws and regulations and adopt eco‐friendly technologies.","PeriodicalId":47635,"journal":{"name":"Review of Development Economics","volume":"39 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135436321","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}

引用次数: 0

Correction to “Overeducation and skill mismatch of university graduates in Taiwan” 更正“台湾大学毕业生教育过度与技能失配”

4区经济学

Review of Development Economics Pub Date : 2023-09-14 DOI: 10.1111/rode.13051

引用次数: 0

Mineral extraction and long‐term human capital accumulation 矿产开采和长期人力资本积累

IF 1.6 4区经济学

Review of Development Economics Pub Date : 2023-08-30 DOI: 10.1111/rode.13050

Chen Feng, Yao Zhang, Renjie Zhao, Xiaolu Zhao

引用次数: 0