This chapter assesses the prospects of regional value chains (RVCs) in car manufacturing in Africa, focussing specifically on Southern Africa (because of relatively advanced regional integration there).
China increasingly dominates global manufacturing and South Africa, while the largest industrial power in Africa, has lagged with the manufacturing sector’s share of GDP declining in a low growth economy. China’s industrial development has been synonymous with SEZs which operate on a vast scale. Chinese firms are increasingly investing in Africa and a growing share of this investment is in the manufacturing sector and also within SEZs.
In this research the importance of evaluating public policies at regional level is demonstrated. The impact of subsidy programs to the recruitment of young people (SEJ) and the grant to the training of workers (CT) on the wages and employment are studied. First we search the results starting with the opinion of key local agents, and then we measure the impact by means of OLS and Logit estimates.
Despite the efficiency produced by long-distance commuting (LDC) as an adjustment mechanism between local labor markets, the impact that it has on the equilibrium of labor markets has not been studied in depth. This paper uses the case of Chile, since in the last two decades the LDC has increased its importance as a strategy of labor mobility for workers in this country. We demonstrate, both theoretically and empirically, that LDC generates wage differences in the labor markets that receive commuters, as a function of the market equilibrium of these workers’ place of origin.
While there is a growing body of studies on persistence and change in municipal start-up rates in more developed countries, this type of study for developing countries is still scarce. This work analyzes the spatio-temporal dynamics of municipal business start-up rates in Chile between 2005 and 2015 using spatial panel data for 342 Chilean municipalities from the Internal Revenue Service (SII) database and the National Municipal Information System (SINIM).
This paper assesses the role of foreign direct investment in economic growth by analyzing the contribution of sectoral external finance in Tanzania. Time series data from 1988 to 2017 and 1999 to 2017 for the general and sector‐specific foreign finance respectively is studied using time series econometrics techniques. More specifically, the autoregressive distributive lag bound test for cointegration and error correction model are employed to evaluate the impact of sector foreign direct investment on growth.
Purpose – Climate change has become one of the most important development challenges worldwide. It affects various sectors, with agriculture the most vulnerable. In Ethiopia, climate change impacts are exacerbated due to the economy’s heavy dependence on agriculture. The Ethiopian Government has started to implement its climate-resilient green economy (CRGE) strategy and reduce CO2 emissions. Therefore, the purpose of this study is to examine the impact of CO2 emission on agricultural productivity and household welfare.
The general policy prescription for resource‐rich countries is that, for sustainable consumption, a greater percentage of the windfall from resource rents should be channeled into accumulating foreign assets such as a sovereign public fund as done in Norway and other developed but resource‐rich countries. This might not be a correct policy prescription for resource‐rich sub‐Saharan African (SSA) countries, where public capital is very low to support the needed economic growth. In such countries, rents from resources serve as an opportunity to scale‐up the needed public capital.
The extensive kelp forests along Chile’s coastline are an important source of income for many small fishing operations in Chile. But harvesting pressure has denuded many areas of the sea floor, threatening the health of the inshore marine environment. Recently, small operators have begun work to repopulate and/or cultivate seaweed. This work aims at studying the role of fishing and agriculture as outside options and their interactions with risk and time preferences in the uptake of seaweed aquaculture technology.
