Productivity of nations: a stochastic frontier approach to TFP decomposition

This Paper Tackles the Problem of Aggregate Tfp Measurement Using Stochastic Frontier Analysis (Sfa). Data From Penn World Table 6.1 are Used to Estimate a World Production Frontier For a Sample of 75 Countries Over a Long Period (1950-2000) Taking Advantage of the Model Offered By Battese and Coelli (1992). We Also Apply the Decomposition of Tfp Suggested By Bauer (1990) and Kumbhakar (2000) to a Smaller Sample of 36 Countries Over the Period 1970-2000 in Order to Evaluate the Effects of Changes in Efficiency (Technical and Allocative), Scale Effects and Technical Change. This Allows Us to Analyze the Role of Productivity and Its Components in Economic Growth of Developed and Developing Nations in Addition to the Importance of Factor Accumulation. Although not Much Explored in the Study of Economic Growth, Frontier Techniques Seem to Be of Particular Interest For That Purpose Since the Separation of Efficiency Effects and Technical Change Has a Direct Interpretation in Terms of the Catch-Up Debate. The Estimated Technical Efficiency Scores Reveal the Efficiency of Nations in the Production of Non Tradable Goods Since the Gdp Series Used is Ppp-Adjusted. We Also Provide a Second Set of Efficiency Scores Corrected in Order to Reveal Efficiency in the Production of Tradable Goods and Rank Them. When Compared to the Rankings of Productivity Indexes Offered By Non-Frontier Studies of Hall and Jones (1996) and Islam (1995) Our Ranking Shows a Somewhat More Intuitive Order of Countries. Rankings of the Technical Change and Scale Effects Components of Tfp Change are Also Very Intuitive. We Also Show That Productivity is Responsible For Virtually All the Differences of Performance Between Developed and Developing Countries in Terms of Rates of Growth of Income Per Worker. More Important, We Find That Changes in Allocative Efficiency Play a Crucial Role in Explaining Differences in the Productivity of Developed and Developing Nations, Even Larger Than the One Played By the Technology Gap

The costs of education, longevity and the poverty of nations

This paper explores the distortions on the cost of education, associated with government policies and institutional factors, as an additional determinant of cross-country income differences. Agents are finitely lived and the model takes into account life-cycle features of human capital accumulation. There are two sectors, one producing goods and the other providing educational services. The model is calibrated and simulated for 89 economies. We find that human capital taxation has a relevant impact on incomes, which is amplified by its indirect effect on returns to physical capital. Life expectancy plays an important role in determining long-run output: the expansion of the population working life increases the present value of the flow of wages, which induces further human capital investment and raises incomes. Although in our simulations the largest gains are observed when productivity is equated across countries, changes in longevity and in the incentives to educational investment are too relevant to ignore.

On the nature of income inequality across nations

In this paper, we investigate the nature of income inequality across nations. First, rather than functional forms or parameter values in calibration exercises that can potentially drives results, we estimate, test, and distinguish between types of aggregate production functions currently used in the growth literature. Next, given our panel-regression estimates, we perform several exercises, such as variance decompositions, simulations and counter-factual analyses. The picture that emerges is one where countries grew in the past for different reasons, which should be an important ingredient in policy design. Although there is not a single-factor explanation for the difference in output per-worker across nations, inequality, followed by distortions to capital accumulations and them by human capital accumulation.

The global context and the renewal of the United Nations = El contexto global y la renovación de Naciones Unidas

Introducción En esta época posterior a la guerra fría y de creciente globalización, el rol de las Naciones Unidas experimenta constantes redefiniciones y desafíos. El señor Kofi Annan, Secretario General, afirmó que las Naciones Unidas se encuentran hoy en una encrucijada, y que el momento es tan trascendente como lo fue el de su fundación, hace sesenta años. Aunque los principios fundamentales de la democracia, los derechos humanos y el estado de derecho siguen siendo universalmente aceptados y se consideran piedra angular del orden mundial, el Secretario General considera, como otros muchos, que ha llegado el momento de rediseñar su estructura básica para combinar el imperativo de la acción con la necesidad de legitimidad". En este contexto, durante la visita oficial del Secretario General a Chile en noviembre del 2003, la Comisión Económica para América Latina y el Caribe (CEPAL) fue anfitriona de la mesa redonda "El contexto global y la renovación de las Naciones Unidas", en la que participaron la señora Tarja Halonen, Presidenta de la República de Finlandia, el señor Ricardo Lagos, Presidente de la República de Chile, y el señor Annan. Entre los invitados a este acto se encontraban miembros del cuerpo diplomático en Santiago de Chile, destacados intelectuales, representantes de la sociedad civil y académicos que enriquecieron el debate con preguntas y comentarios. Los tres líderes analizaron la situación política, económica y social del mundo de hoy en el contexto del actual proceso de reforma de las Naciones Unidas. Disertaron sobre los desafíos del desarrollo, el multilateralismo, la interdependencia de los países y su necesidad de contar con una participación ciudadana creciente y coherente en los planos local, regional y mundial. Uno de los temas centrales fue el poder, y el modo en que las Naciones Unidas pueden canalizarlo y redistribuirlo con el fin de que su ejercicio sea colectivo y civilizado. Aunque es imposible resolver en una mañana o en una sola reunión estos complejos asuntos, que en ocasiones resultan abrumadores, tenemos la esperanza de que este libro proporcione inspiración, conceptos e ideas que permitan alcanzar soluciones eficaces e innovadoras en el futuro. José Luis Machinea Secretario Ejecutivo CEPAL"

The United Nations Regional Commissions: Enhancing Capacities To Eradicate Violence Against Women

This study captures the significant regional and national knowledge that has been accumulated on measuring violence against women through the interregional project "Enhancing capacities to eradicate violence against women through networking of local knowledge communities". Supported by the United Nations Development Account, this two-year project was coordinated by the Economic Commission for Latin America and the Caribbean (ECLAC), through its Division for Gender Affairs, and implemented by the five regional commissions of the United Nations, in cooperation with the United Nations Statistical Division and UN-Women. Through the project, more than 30 countries worldwide have been engaged in the development, dissemination and testing of core indicators endorsed by the United Nations Statistical Commission. This process has made a decisive contribution to designing and building consensus around a common methodology to measure and document violence against women. Furthermore, the inclusion of all five regions in piloting the newly-developed tools to measure violence has also ensured that these tools capture a more comprehensive and complex vision of violence as experienced by women across cultures and regions. This report presents an overview of the activities that have taken place in the five regions, and outlines the key outcomes and lessons learned. Through its activities, the interregional project has made the cumulative body of existing knowledge in terms of policies, findings, innovative practices, processes and statistical data available to policymakers, activists and women's organizations. New knowledge was also produced through national studies that examined underexplored sources of data on violence against women. National capacities to collect information on violence against women through official statistics were strengthened through targeted training activities as well as through participation in expert meetings which provided the space for an effective exchange of best practices.

Natural resources within the Union of South American Nations: status and trends for a regional development agenda

Includes bibliography

Sustainable Development in Latin America and the Caribbean. Follow-up to the United Nations development agenda beyond 2015 and to Rio+20

Includes bibliography

Towards a new international financial architecture: report of the Task Force of the Executive Committee on Economic and Social Affairs of the United Nations, 21 January 1999 = Hacia una nueva arquitectura financiera internacional: informe del Grupo de Trabajo del Comité Ejecutivo de Asuntos Económicos y Sociales de las Naciones Unidas, 21 de enero de 1999

Publicación bilingüe

International migration from a regional and interregional perspective: Main conclusions, messages and recommendations from the United Nations Development Account project (6th Tranche), "Strengthening national capacities to deal with international migration: maximizing development benefits and minimizing negative impact"

Incluye bibliografía

United Nations agreement on fishing on the high seas: two years after signature: a regional perspective

Includes bibliography

Finding solutions to the debt problems of developing countries: report of the Executive Committee on Economic and Social Affairs of the United Nations (New York, 20 May 1999)

Includes bibliography