Journal of Development Economics最新文献

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Too fast, too furious? Digital credit delivery speed and repayment rates
IF 5.1 1区 经济学
Journal of Development Economics Pub Date : 2024-12-13 DOI: 10.1016/j.jdeveco.2024.103427
Alfredo Burlando , Michael A. Kuhn , Silvia Prina
{"title":"Too fast, too furious? Digital credit delivery speed and repayment rates","authors":"Alfredo Burlando ,&nbsp;Michael A. Kuhn ,&nbsp;Silvia Prina","doi":"10.1016/j.jdeveco.2024.103427","DOIUrl":"10.1016/j.jdeveco.2024.103427","url":null,"abstract":"<div><div>Digital loans are a source of fast, short-term credit for millions of people. While digital credit broadens market access and reduces frictions, default rates are high. We study the role of the speed of delivery of digital loans on repayment. Our study uses unique administrative data from a digital lender in Mexico and a regression-discontinuity design. We show that reducing loan speed by doubling the delivery time from ten to twenty hours decreases the likelihood of default by 21%. A number of the plausible mechanisms could explain these results. The one that best support our data is that following an unexpected delay, borrowers switch their preferred use of loans in a way that improves the chances of repayment. Our findings suggest that waiting periods used to selectively slow down credit could improve lender profitability and help consumers avoid default.</div></div>","PeriodicalId":48418,"journal":{"name":"Journal of Development Economics","volume":"174 ","pages":"Article 103427"},"PeriodicalIF":5.1,"publicationDate":"2024-12-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143096120","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
Identity conflict, ethnocentrism and social cohesion
IF 5.1 1区 经济学
Journal of Development Economics Pub Date : 2024-12-12 DOI: 10.1016/j.jdeveco.2024.103426
Matteo Sestito
{"title":"Identity conflict, ethnocentrism and social cohesion","authors":"Matteo Sestito","doi":"10.1016/j.jdeveco.2024.103426","DOIUrl":"10.1016/j.jdeveco.2024.103426","url":null,"abstract":"<div><div>This paper uses a novel dataset on ethnic warfare to shed light on how conflict affects social identification and cohesion. A large body of anecdotal studies suggests that ethnic identities become more salient at times of conflict. Using data from thirty-six African countries, I provide econometric evidence to this notion. The relationship between ethnic conflict and various measures of social cohesion is also examined, revealing a positive link between the two. The finding is understood as a result of the ethnocentric dynamics generated by conflict: as warfare strengthens ethnic identification, prosocial behaviour increases, albeit primarily towards co-ethnics. This parochial interpretation is strengthened by the use of remote violence and the conditionality of conflict-induced prosocial behaviour on low levels of ethnic fractionalisation.</div></div>","PeriodicalId":48418,"journal":{"name":"Journal of Development Economics","volume":"174 ","pages":"Article 103426"},"PeriodicalIF":5.1,"publicationDate":"2024-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143156120","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Responding to natural disasters: What do monthly remittance data tell us?
IF 5.1 1区 经济学
Journal of Development Economics Pub Date : 2024-12-10 DOI: 10.1016/j.jdeveco.2024.103413
Giulia Bettin , Amadou Jallow , Alberto Zazzaro
{"title":"Responding to natural disasters: What do monthly remittance data tell us?","authors":"Giulia Bettin ,&nbsp;Amadou Jallow ,&nbsp;Alberto Zazzaro","doi":"10.1016/j.jdeveco.2024.103413","DOIUrl":"10.1016/j.jdeveco.2024.103413","url":null,"abstract":"<div><div>Identifying the insurance role of remittances against natural disasters through aggregate annual data is challenging due to the dynamics of remittances and disasters throughout the year and possible intertemporal substitution effects. In an event-study setting based on monthly remittance flows from Italy to 81 developing countries for 2005–2015, we investigate their dynamics in the aftermath of disasters. We find that monthly remittances positively respond to natural disasters in migrants’ home countries. The response is immediate and significant up to 3–4 months after the event. Later on remittances return to pre-disaster levels but there is no evidence of intertemporal substitution. We observe some anticipation effects, which could be related to the recurrent nature of some types of disasters. The intensity and timing of remittances’ responsiveness are heterogeneous according to the nature of disasters, to the receiving country’s characteristics, and to migrants’ socio-economic conditions in the host country.</div></div>","PeriodicalId":48418,"journal":{"name":"Journal of Development Economics","volume":"174 ","pages":"Article 103413"},"PeriodicalIF":5.1,"publicationDate":"2024-12-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143157590","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Local knowledge, formal evidence, and policy decisions
IF 5.1 1区 经济学
Journal of Development Economics Pub Date : 2024-12-09 DOI: 10.1016/j.jdeveco.2024.103425
Eva Vivalt , Aidan Coville , Sampada KC
{"title":"Local knowledge, formal evidence, and policy decisions","authors":"Eva Vivalt ,&nbsp;Aidan Coville ,&nbsp;Sampada KC","doi":"10.1016/j.jdeveco.2024.103425","DOIUrl":"10.1016/j.jdeveco.2024.103425","url":null,"abstract":"<div><div>How do policymakers value advice from local experts versus formal evidence from impact evaluations when making policy decisions? Using a discrete choice experiment conducted in collaboration with the World Bank and Inter-American Development Bank, we show that policymakers were willing to accept a program that had a 5.0 percentage point smaller estimated effect on enrollment rates if it were recommended by a local expert. They also preferred programs supported by evidence from a different region over programs supported by local evaluations only if the former had a 5.8 percentage point higher estimated impact. These premiums are large, surpassing the effects of many programs aimed at improving enrollment rates. This highlights the substantial weight that policymakers place on local evidence.</div></div>","PeriodicalId":48418,"journal":{"name":"Journal of Development Economics","volume":"174 ","pages":"Article 103425"},"PeriodicalIF":5.1,"publicationDate":"2024-12-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143157589","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The elasticity of substitution between skilled and unskilled labor in developing countries: A directed technical change perspective
IF 5.1 1区 经济学
Journal of Development Economics Pub Date : 2024-12-05 DOI: 10.1016/j.jdeveco.2024.103411
Alberto Behar
{"title":"The elasticity of substitution between skilled and unskilled labor in developing countries: A directed technical change perspective","authors":"Alberto Behar","doi":"10.1016/j.jdeveco.2024.103411","DOIUrl":"10.1016/j.jdeveco.2024.103411","url":null,"abstract":"<div><div>I develop a model of endogenous skill-biased technical change in developing countries. The endogenous response to a rise in skill supply counters the traditional substitution effect and dampens supply’s role in reducing wage inequality. The model reinforces consensus estimates of the elasticity of substitution between more/less educated workers by reconciling dispersed existing estimates. It also rationalizes estimates that were hitherto deemed implausible or theory-inconsistent. I produce new estimates for developing countries with a new global panel and with Latin American data (that facilitates analysis of dynamics). Many estimated elasticity values are almost 2. This sheds new light on a parameter that is crucial for inequality, growth, and other key macroeconomic questions.</div></div>","PeriodicalId":48418,"journal":{"name":"Journal of Development Economics","volume":"174 ","pages":"Article 103411"},"PeriodicalIF":5.1,"publicationDate":"2024-12-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143156118","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
Learning to use trade agreements
IF 5.1 1区 经济学
Journal of Development Economics Pub Date : 2024-11-30 DOI: 10.1016/j.jdeveco.2024.103424
Kala Krishna , Carlos Salamanca , Yuta Suzuki , Christian Volpe Martincus
{"title":"Learning to use trade agreements","authors":"Kala Krishna ,&nbsp;Carlos Salamanca ,&nbsp;Yuta Suzuki ,&nbsp;Christian Volpe Martincus","doi":"10.1016/j.jdeveco.2024.103424","DOIUrl":"10.1016/j.jdeveco.2024.103424","url":null,"abstract":"<div><div>Meeting Rules of Origin (ROOs) in order to obtain lower tariffs in a Preferential Trading Area (PTA) is costly both in terms of production costs and fixed documentation costs. Using a model-based approach that corrects for endogeneity and a unique exporter–importer matched transaction-level customs dataset from Latin American countries, we show that preference usage patterns suggest that these fixed costs fall with exporters’ experience in preference utilization, particularly that in the same product and with the same partner, indicating both the existence and channel of learning. Exploiting a natural experiment, we also show that newly covered products have much more learning as might be expected.</div></div>","PeriodicalId":48418,"journal":{"name":"Journal of Development Economics","volume":"174 ","pages":"Article 103424"},"PeriodicalIF":5.1,"publicationDate":"2024-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143100516","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
Farm profits, prices and household behavior
IF 5.1 1区 经济学
Journal of Development Economics Pub Date : 2024-11-26 DOI: 10.1016/j.jdeveco.2024.103423
Daniel LaFave , Evan Peet , Duncan Thomas
{"title":"Farm profits, prices and household behavior","authors":"Daniel LaFave ,&nbsp;Evan Peet ,&nbsp;Duncan Thomas","doi":"10.1016/j.jdeveco.2024.103423","DOIUrl":"10.1016/j.jdeveco.2024.103423","url":null,"abstract":"<div><div>The agricultural household model, in which decisions about production and consumption are made simultaneously, lies at the heart of many models of development. Empirically modelling these simultaneous choices is not straightforward. The vast majority of empirical studies assume that farm-households behave as if markets are complete: in that case decision-making simplifies to a recursive system where consumption choices can be treated as if they are made after all production decisions. Previous empirical tests of this assumption have relied on restrictions on production decisions. We develop a new approach to testing based on household consumption choices and implement the procedure using data from rural Indonesia. Relative to production-side tests, the consumption-based test is well-suited to identifying those farm-households in any setting whose behavior is consistent with complete markets and those for whom the assumption is rejected. We find the recursion assumption is not rejected for larger farmers but is rejected for small farmers. The tests are straightforward to implement and the results of the tests provide new opportunities to identify the behaviors that households adopt in the face of incomplete markets.</div></div>","PeriodicalId":48418,"journal":{"name":"Journal of Development Economics","volume":"174 ","pages":"Article 103423"},"PeriodicalIF":5.1,"publicationDate":"2024-11-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143096114","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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 shocks, gender, and populism: Evidence from Brazil
IF 5.1 1区 经济学
Journal of Development Economics Pub Date : 2024-11-26 DOI: 10.1016/j.jdeveco.2024.103412
Laura Barros , Manuel Santos Silva
{"title":"Economic shocks, gender, and populism: Evidence from Brazil","authors":"Laura Barros ,&nbsp;Manuel Santos Silva","doi":"10.1016/j.jdeveco.2024.103412","DOIUrl":"10.1016/j.jdeveco.2024.103412","url":null,"abstract":"<div><div>This paper investigates whether differential exposure to a labor market shock by gender contributed to the rise of far-right populism in Brazil. Using a shift-share approach, we find that gender heterogeneity in shock exposure predicts electoral outcomes. Male-specific labor demand shocks increase support for Jair Bolsonaro in the 2018 presidential election, but female-specific shocks have the reverse effect. These opposing effects are accompanied by an unprecedented gender gap in political preferences, with men becoming relatively more conservative. Our preferred interpretation is that Bolsonaro’s conservative rhetoric – shared by several other right-wing populists – generates appeal among men who experience a relative loss in economic status.</div></div>","PeriodicalId":48418,"journal":{"name":"Journal of Development Economics","volume":"174 ","pages":"Article 103412"},"PeriodicalIF":5.1,"publicationDate":"2024-11-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143157586","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Early maternity and paternity. Effects on educational trajectories 早孕和早育。对教育轨迹的影响
IF 5.1 1区 经济学
Journal of Development Economics Pub Date : 2024-11-26 DOI: 10.1016/j.jdeveco.2024.103404
Matías Berthelon , Dante Contreras , Diana Kruger , María Isidora Palma
{"title":"Early maternity and paternity. Effects on educational trajectories","authors":"Matías Berthelon ,&nbsp;Dante Contreras ,&nbsp;Diana Kruger ,&nbsp;María Isidora Palma","doi":"10.1016/j.jdeveco.2024.103404","DOIUrl":"10.1016/j.jdeveco.2024.103404","url":null,"abstract":"<div><div>This paper investigates the dynamic effects of adolescent parenthood on education enrollment in Chile using administrative data covering six cohorts born between 1990 and 1995. Employing an event study methodology, the analysis reveals substantial and persistent declines for both teen mothers and fathers in school enrollment, but more pronounced and enduring effects for mothers. Heterogeneity assessments expose socioeconomic disparities, indicating larger effects among parents from disadvantaged backgrounds. The study sheds light on the short-term dynamics of educational disruptions caused by early parenthood, offering insights for policy interventions aimed at retaining or reintegrating socioeconomically vulnerable students into the education system.</div></div>","PeriodicalId":48418,"journal":{"name":"Journal of Development Economics","volume":"173 ","pages":"Article 103404"},"PeriodicalIF":5.1,"publicationDate":"2024-11-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142747139","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Relaxing multiple agricultural productivity constraints at scale
IF 5.1 1区 经济学
Journal of Development Economics Pub Date : 2024-11-23 DOI: 10.1016/j.jdeveco.2024.103409
Joshua W. Deutschmann , Maya Duru , Kim Siegal , Emilia Tjernström
{"title":"Relaxing multiple agricultural productivity constraints at scale","authors":"Joshua W. Deutschmann ,&nbsp;Maya Duru ,&nbsp;Kim Siegal ,&nbsp;Emilia Tjernström","doi":"10.1016/j.jdeveco.2024.103409","DOIUrl":"10.1016/j.jdeveco.2024.103409","url":null,"abstract":"<div><div>No single constraint can explain the stagnant agricultural productivity growth in sub-Saharan Africa. Most interventions that relax individual barriers to productivity have delivered disappointing results. We evaluate an at-scale program that targets several productivity constraints with a bundled intervention, using a randomized controlled trial in western Kenya. Program participation increases maize yields by 26%, total maize output by 24%, and profits by 18%. While we cannot directly test whether the program’s success is due to its bundled nature, we find patterns in the data that are consistent with this hypothesis.</div></div>","PeriodicalId":48418,"journal":{"name":"Journal of Development Economics","volume":"174 ","pages":"Article 103409"},"PeriodicalIF":5.1,"publicationDate":"2024-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143157587","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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