Found 6 article(s) for author 'Development Economics'

Using Randomized Controlled Trials to Estimate Long-Run Impacts in Development Economics

Using Randomized Controlled Trials to Estimate Long-Run Impacts in Development Economics. Michael Kremer, May 13, 2019, Paper, “We assess evidence from randomized controlled trials (RCTs) on long-run economic productivity and living standards in poor countries. We first document that several studies estimate large positive long-run impacts, but that relatively few existing RCTs have been evaluated over the long run. We next present evidence from a systematic survey of existing RCTs, with a focus on cash transfer and child health programs, and show that a meaningful subset can realistically be evaluated for long-run effects. We discuss ways to bridge the gap between the burgeoning number of development RCTs and the limited number that have been followed up to date, including through new panel (longitudinal) data; improved participant tracking methods; alternative research designs; and access to administrative, remote sensing, and cell phone data. We conclude that the rise of development economics RCTs since roughly 2000 provides a novel opportunity to generate high-quality evidence on the long-run drivers of living standards.Link

Tags: , , ,

Behavioral Development Economics

Behavioral Development Economics. Michael Kremer, Gautam Rao, December 4, 2018, Paper, “Behavioral development economics applies theories and ideas from psychology and behavioral economics to the study of questions in development economics. We begin by examining a central puzzle in development economics: the existence of high rates of return without correspondingly rapid growth (the “Euler equation puzzle”). We discuss the extent to which present bias and loss aversion can help resolve this puzzle. We next consider various topics in development, including preventive health, savings, insurance, technology adoption, labor markets, and firms. We discuss particular behavioral theories that can help explain some key facts in each literature and describe the existing empirical evidence.Link

Tags: , , , , ,

Using RCTs to Estimate Long-Run Impacts in Development Economics

Using RCTs to Estimate Long-Run Impacts in Development Economics. Michael Kremer, December 3, 2018, Paper, “We assess evidence from randomized control trials (RCTs) on long-run economic productivity and living standards in poor countries. We first document that several studies estimate large positive long-run impacts, but that relatively few existing RCTs have been evaluated over the long-run. We next present evidence from a systematic survey of existing RCTs, with a focus on cash transfer and child health programs, and show that a meaningful subset can realistically be evaluated for long-run effects. We discuss ways to bridge the gap between the burgeoning number of development RCTs and the limited number that have been followed up to date, including through new panel (longitudinal) data, improved participant tracking methods, alternative research designs, and access to administrative, remote sensing, and cell phone data. We conclude that the rise of development economics RCTs since roughly 2000 provides a novel opportunity to generate high-quality evidence on the long-run drivers of living standards.Link

Tags: , , , ,

The Promise of Microfinance and Women’s Empowerment: What Does the Evidence Say?

The Promise of Microfinance and Women’s Empowerment: What Does the Evidence Say? Dina Pomeranz, February 2014, Paper. “The microfinance revolution has transformed access to financial services for low-income populations worldwide. As a result, it has become one of the most talked-about innovations in global development in recent decades. However, its expansion has not been without controversy. While many hailed it as a way to end world poverty and promote female empowerment, others condemned it as a disaster for the poor…” Link

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

European Integration: Meeting the Competitiveness Challenge

European Integration: Meeting the Competitiveness Challenge. Michael E. Porter, Christian H.M. Ketels, July 25, 2013, Case. “The case discusses the origins and development of the European Integration process from the post-war period up to 2007, focusing particularly on the efforts of the Lisbon-agenda under way since 2000 to enhance Europe’s competitiveness. It discusses the different policy areas that have been approached at the European level over time, and provides background on the architecture of European institutions…” May require purchase or user account. Link

Tags: , , , , , , , , , , , , ,