Can local financial depth and dependence on external funding impact regional creation of new firms in Chile?

Submitted by Cristóbal Vásquez on

Uniform regional development is a challenge in low-income and emerging countries, making the role of financial systems to promote new business, investment, entrepreneurship, and growth particularly important. This paper investigates the combined effect of dependence on external funding and financial depth at a regional level, estimating a panel model using Chilean data. This study reveals evidence of a direct relationship between entrepreneurship and the combined effect of the two variables.

Policy Design

Government performance, geophysical-related disasters, and institutional trust: A comparison of Chilean and Haitian responses after an earthquake

Submitted by Cristóbal Vásquez on

This article investigates the effect of government performance assessment after the 2010 earthquakes in Chile and Haiti on institutional trust. Available data from the 2010/2012 AmericasBarometer survey are used to estimate the immediate effects and those linked to the rebuilding process. Results show that performance assessment of Chilean institutions’ ability to manage the earthquake positively affected institutional trust, whereas the above relationship only holds for Haitian municipalities and the National Police.

Climate Change, Policy Design

The impact of collective use rights on share contracts: the case of the Extractive Artisanal Regime (RAE) in Chilean hake fisheries

Submitted by César Salazar on

Share contracts are the dominant remuneration system in artisanal fisheries. Introducing regulations based on collective use rights may affect the way profits are distributed. The literature on the effect of regulatory reform on factor income distribution, however, is scarce. In this paper, we look at differences in the implementation of the Extractive Artisanal Regime in Chilean hake artisanal fisheries to test its effect on share contracts. We estimated a switching regression model using census data to calculate the average treatment effect.

Fisheries, Policy Design

Collective Share Quotas and the Role of Fishermen’s Organizations in Ex-Vessel Price Determination

Submitted by César Salazar on
EfD Authors:

This article examines the collective bargaining efforts of atomized fishermen with a monopsony-like buying sector. Government allocation of collective share quotas to fishermen’s organizations triggered the voluntary formation of cooperative fishermen’s bargaining associations, while a highly concentrated processing sector started behaving as a countervailing monopsony. This drove ex-vessel price determination into region-specific bilateral monopoly price bargaining.

Fisheries, Policy Design

The Graduation approach for the reduction of extreme poverty: impact evaluation of Sembrando Oportunidades Familia por Familia in Paraguay.

Submitted by Manuela Fonseca on

Rural poverty, a widespread problem for the Paraguayan government over the last decade – as well as for other economies in the region – , led to the implementation, in 2016 and 2017, of the “Sembrando Oportunidades Familia por Familia” pilot program, an initiative based on the graduation approach to reduce the incidence of extreme poverty in rural areas. Evaluating the intervention results is essential to understand the effectiveness of this approach in reducing poverty in the Paraguayan context, where the government is in charge of its implementation.

Policy Design

Interactions between CAP Agricultural and Agri-Environmental Subsidies and Their Effects on the Uptake of Organic Farming

Submitted by Eugenia Leon on

We analyze the effects of the interactions that the two pillars of the European Union Common Agricultural Policy—market support and rural development—have on farmers’ uptake of organic farming practices. Special attention is given to the 2003 reform, which substantially altered the relative importance of the two types of support by decoupling direct agricultural payments from the production of a specific crop. In our empirical analysis we study the case of Sweden, making use of the variation in the timing of farmers’ decisions regarding participation in support programs.

Agriculture

‘Ground-Truthing’ Chinese Development Finance in Africa: Field Evidence from South Africa and Uganda

Submitted by Felicity Downes on

A new methodology, Tracking Underreported Financial Flows (TUFF), leverages open-source
information on development finance by non-transparent, non-Western donors. If such open-source methods
prove to be valid and reliable, they can enhance our understanding of the causes and consequences of
development finance from non-transparent donors including, but not limited to, China. But open-source methods
face charges of inaccuracy. In this study we create and field-test a replicable ‘ground-truthing’ methodology to

An analysis of factors affecting household willingness to participate in the REDD+ programme in Tanzania

Submitted by Felicity Downes on
EfD Authors:

Tanzania has high rates of deforestation and forest degradation. Reducing deforestation and forest degradation is an important strategy for reducing greenhouse gas emissions. However, asking households to reduce deforestation means asking them to sacrifice direct benefits from forests, such as energy resources. The REDD+ programme provides a way to compensate households. This study estimates households’ willingness to accept forest-use restrictions governing participation in the REDD+ programme and its determinants.

Forestry