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Analysis of Legal Institutions, Conflict and TradeOloufade, Djoulassi Kokou January 2012 (has links)
In the first paper, the effects of trade openness and conflict risk on income inequality are investigated. I obtain that the effect of trade openness on inequality depends on the level of conflict risk. More precisely, there exists a threshold effect: trade openness worsens income inequality in countries where the risk of internal and external conflicts is high. Moreover, I find that countries with higher risk of conflicts are more unequal, and that more ethnically diverse countries increase income inequality. Finally, I obtain that democratic regimes decrease inequality. In the second paper, we analyze the general-equilibrium consequences of property right enforcement in the natural resource sector. Assuming that exclusion requires both private and public enforcement efforts, we compare states that differ by their ability to provide protection services. This ability is referred to as state capacity. We obtain that public protection services can effectively act as either substitutes or complements to private enforcement, and this strongly depends on state capacity. Under low state capacity, an increase in state protection services leads to a drop in national income as labor is drawn away from the directly productive activities. The opposite holds for high-capacity states. As a result, public protection services have an ambiguous effect on national income even though they can unambiguously increase resource rents. In the third paper, we argue that the right to hold dual citizenship can generate important social and economic benefits beyond its political dimension. We assemble a large panel dataset on dual citizenship. We find that in developing countries, dual citizenship recognition increases remittance inflows by US$1.19 billion, GDP and household consumption, and improves child survival. In developed countries, however, dual citizenship recognition decreases remittance inflows by US$1.44 billion, but increases FDI by US$828 billion, raises household consumption, gross capital formation and trade, and provides incentives for skilled workers to move to other countries.
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Exchange rates policy and productivity / politique de taux de change et productivitéDiallo, Ibrahima Amadou 22 November 2013 (has links)
Cette thèse étudie comment le taux de change effectif réel (TCER) et ses mesures associées (volatilité du TCER et désalignement du TCER) affectent la croissance de la productivité totale des facteurs (CPTF). Elle analyse également les canaux par lesquels le TCER et ses mesures associées agissent sur la productivité totale des facteurs (PTF). La première partie étudie comment le TCER lui-Même, d'une part, et la volatilité du TCER, d'autre part, influencent la productivité. Une analyse du lien entre le niveau du TCER et la PTF dans le chapitre 1 indique qu'une appréciation de taux de change cause une augmentation de la PTF. Mais cet impact est également non- inéaire: en-Dessous du seuil, le TCER influence négativement la productivité tandis qu'au-Dessus du seuil il agit positivement. Les résultats du chapitre 2 illustrent que la volatilité du TCER affecte négativement la CPTF. Nous avons également constaté que la volatilité du TCER agit sur PTF selon le niveau du développement financier. Pour les pays modérément financièrement développés, la volatilité du TCER réagit négativement sur la productivité et n'a aucun effet sur la productivité pour les niveaux très bas et très élevés du développement financier. La deuxième partie examine les canaux par lesquels le TCER et ses mesures associées influencent la productivité. Les résultats du chapitre 3 illustrent que la volatilité du TCER a un impact négatif élevé sur l'investissement. Ces résultats sont robustes dans les pays à faible revenu et les pays à revenu moyens, et en employant une mesure alternative de volatilité du TCER. Le chapitre 4 montre que le désalignement du taux de change réel et la volatilité du taux de change réel affectent négativement les exportations. Il démontre également que la volatilité du taux de change réel est plus nocive aux exportations que le désalignement. Ces résultats sont corroborés par des résultats sur des sous-Échantillons de pays à bas revenu et à revenu moyen. / This dissertation investigates how the real effective exchange rate (REER) and its associated asurements (REER volatility and REER misalignment) affect total factor productivity growth (TFPG). It also analyzes the channels through which the REER and its associated measurements act on total factor productivity (TFP). The first part studies how the REER itself, on the one hand, and the REER volatility, on the other hand, influence productivity. An analysis of the link between the level of REER and TFP in chapter 1 reveals that an exchange rate appreciation causes an increase of TFP. But this impact is also nonlinear: below the threshold, real exchange rate influences negatively productivity while above the threshold it acts positively. The results of chapter 2 illustrate that REER volatility affects negatively TFPG. We also found that REER volatility acts on TFP according to the level of financial development. For moderately financially developed countries, REER volatility reacts negatively on productivity and has no effect on productivity for very low and very high levels of financial development. The second part examines the channels through which the REER and its associated measurements influence productivity. The results of chapter 3 illustrate that the exchange rate volatility has a strong negative impact on investment. This outcome is robust in low income and middle income countries, and by using an alternative measurement of exchange rate volatility. Chapter 4 show that both real exchange rate misalignment and real exchange rate volatility affect negatively exports. It also demonstrates that real exchange rate volatility is more harmful to exports than misalignment. These outcomes are corroborated by estimations on subsamples of Low- ncome and Middle-Income countries
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