Chinese contractors in developing countries

This paper uses turnover data from Chinese contracted projects in as many as 87 low and lower middle income countries from 1998 to 2009. Economic fundamentals motivate Chinese contractor presence in developing countries as their revenues are positively associated with countries’ per capita income and expected growth. All else equal, contractor project revenues are higher in countries with stronger political rights regimes. Moreover, the estimated positive effect of improvements in political freedom is largest among countries with high fuel endowment, but lowest among countries with high ores and metals endowments. Conclusions relating Chinese contractor activities, perceptions on the level corruption, and resource endowment among sub-Saharan African countries must remain tentative as the estimated relationships are sensitive to the corruption indices used.     

Economics at the FCC 2020–21: Closing the Connectivity Gap,COVID-19 and Telehealth,Spectrum Auctions,Communications Marketplace Report,and Economic Research

Review of Industrial Organization - The U.S. Federal Communications Commission is responsible for regulation in the communications marketplace and for management of the nation’s non-federal...     

Build it and they will come: Volunteer opportunities and volunteering

Formal volunteering refers to an individual's unpaid contribution of time to the activities of a charitable or non-profit organization. While the physical presence of these organizations is usually required for citizens who want to volunteer, neighbourhoods vary with respect to the amount of volunteering opportunities available. We are the first to geo-code information on the location of registered charities and the location of individuals, using full six-digit postal codes, to examine how the physical proximity of charities affects the decision to volunteer. We carefully address the possibility that proximity to charities might be endogenous: organizations and volunteers may respond to similar unobservable factors when deciding where to locate. Our results imply that access does matter for the decision to volunteer: one more charity within a 1 km buffer around an individual's residence increases the predicted probability of volunteering by 0.8%. The impact of an additional charity on the likelihood of volunteering decreases with distance from the individual's residence and is more pronounced for urban dwellers, providing further evidence that the location of charities matters when it comes to nudging individuals to volunteer.     

Innovation in Labour Organisation and Social Conditionality: Implications for Farm Advisory Services

There is growing concern about the evolution of working conditions for employees on European farms. In the new Common Agriculture Policy (CAP), financial support to farmers will soon be subject to a social conditionality clause. As a result of this change in CAP regulations, in this paper we ask if the need for specific advice can already be foreseen? Examining recent investigations that focused on new forms of labour organisations on farms can help to answer this question. Investigations were conducted across France, combining qualitative field studies with a comprehensive analysis of statistical and administrative data. The results show a growing complexity of farm labour organisation that generates needs for new types of advice. In particular, an increasing proportion of the people working on farms are employed by another organisation (foreign and domestic service providers, employers’ alliances, etc.). The administrative data provides strong evidence of the scale of this trend which has little visibility in the agricultural census data. We should therefore be cautious about oversimplified representations of labour patterns at farm level. They can distort policy design, implementation and assessment by overlooking a part of the worker population and needs for new types of advice, including those that will be required to meet social conditionality requirements.     

Subsidizing unit donations: matches,rebates, and discounts compared

Experimental Economics - An influential result in the literature on charitable giving is that matching subsidies dominate rebate subsidies in raising funds. We investigate whether this result...     

Having less: A personal project taxonomy of consumers' decluttering orientations,motives and emotions

This study examines consumers' orientations toward decluttering and what differentiates consumers' engagement with decluttering as a routine social practice. An internet survey was conducted with a convenience sample of 172 adult consumers who recently engaged in home decluttering projects. Cluster analysis used appraisals of personal project dimensions to create a taxonomy in which we identified three orientations toward decluttering: disengaged, enthusiastic, and challenged. Subsequent analyses compared appraisals of success and affective and motivational differences across the three orientations. Findings reveal that decluttering is enjoyable, easy, and most successful for consumers with an enthusiastic orientation who intrinsically value decluttering and link it to self-identify. Those who lack time or adequate control experience more stress and less success. Circumstances, and especially normative pressures, seemed to drive these orientations. All orientations experienced relatively high positive emotions after decluttering, which substantiates the positive influence of decluttering on emotional well-being.     

One country,two currencies: The adoption of the Hong Kong currency board, 1983

Currency boards have had an enduring attraction as a solution to exchange rate and monetary credibility for small open economies, despite few successful examples. In this context, the case of Hong Kong stands out for its longevity; it survived the handover to China, the Asian financial crises in 1997, and the global crises in 2007–8 and 2020. The 1983 currency crisis and the decision to link the exchange rate to the US$ is usually treated as an outcome of local political uncertainty due to the Sino-British negotiations which set the framework for how Hong Kong would fit with the rest of China after 1997. We present fresh archival evidence from Hong Kong and London to reveal the year-long debates over Hong Kong's monetary system after a drop in the exchange rate in September 1982 and to demonstrate how most of the protagonists in Hong Kong and London came only reluctantly to accept the idea of re-pegging the dollar once public expectations had been raised. We also show how the mixture of currency and banking instability affected the terms of the negotiations in 1982 and 1983 and set the framework for the one country, two currencies system that prevails today.