The fate of the Brazilian Amazon's carbon stock

Estimates indicate that current land-use patterns would inefficiently release 44 billion tonnes of carbon dioxide from the rainforest...

Why market structure matters for development: Evidence from the global cement industry

Market power in the construction sector raises prices and undermines long-term growth in poor countries...

Attracting physicians to underserved areas: Evidence from Brazil

Policies based on physicians' geographic preferences, such as quotas and university expansion, are more cost-effective than financial incentives...

How services drive the growth of emerging economies: Evidence from India

Service-led growth can be a viable development strategy for the developing world; however, its fruits might disproportionately benefit the rich...

Informality and the effects of trade in developing countries

What are the effects of trade amidst a large informal sector? New research studies a model tightly connected to data on firms and workers in Brazil...

In-kind transfers as insurance: Evidence from India

While academics and policymakers prefer unconditional cash transfer to the poor, they value in-kind transfers that protect against price fluctuations...

International friends and enemies

As countries become greater economic friends in terms of the welfare effects of their productivity growth, they become greater political friends in terms of United Nations voting and strategic rivalries....

Electricity and firm productivity: A general equilibrium approach

Eliminating power outages in the developing world would substantially raise firm productivity and worker wages in the long run...

Competition and the welfare gains from transportation infrastructure in India

The construction of the Golden Quadrilateral has seen unequal gains in manufacturing income across states, largely due to proximity to the highway...