Discover and read the best of Twitter Threads about #spillovers

Most recents (4)

In our latest #growth report for #Pakistan, we examined, among other themes, the role of #FDI in the country. How much #Pakistan attracts, how much it could attract, the impact on #productivity and on #jobs.

A short 🧵👇

openknowledge.worldbank.org/handle/10986/3…
1) #FDI is a useful source of financing for #developing countries. It is stable, and typically associated w/ #export growth, #job creation and #productivity upgrading. Does that all of that apply to #FDI in #Pakistan? Let's see...
2) #Pakistan's #FDI inflows/GDP (in green below) have been historically low and declining. Image
Read 11 tweets
🥳Thrilled to see this work with stellar co-authors @RachelMeacock and @MattXSutton out on JEBO! doi.org/10.1016/j.jebo…
This project came about as a natural intersection of the two projects that brought me to @HOPE_UoM, that is #spillovers and early #cancer detection. 1/N
We explore responses of people exposed to the bowel cancer screening program (BCSP), which until 2021 invited people aged 60 to 75 to participate to a screening via a home-based test kit. Participation to this program hasn't been great for many reasons 💩 2/N
There was evidence of differences in uptake based on gender and marital status. Yet, all previous studies on BCSP stopped at associations. We used an interacted polynomial regression approach to study differential responses around the sharp eligibility threshold at age 60. 3/N
Read 6 tweets
El economista australiano William Oates postuló en 1972 el famoso Teorema de la Descentralización o Teorema del Federalismo Fiscal
Este Teorema postula bajo que condiciones es beneficioso para una sociedad descentralizar responsabilidades de gasto y cuando es mejor centralizar
Entre las condiciones bajo las cuales es no es conveniente descentralizar funciones del Estado, se encuentran los llamados spillovers o externalidades públicas.
También se las conoce como externalidades interjurisdiccionales
Que son los spillovers? #Spillovers
Son situaciones en las que las decisiones de una jurisdicción o un gobierno subnacional, es decir un gobierno estadual o provincial o municipal tienen efectos sobre ciudadanos de otras jurisdicciones.
Si existen spillovers siempre es mejor que las decisiones se centralicen
Read 5 tweets
In a recent paper, with Alexander Chudik @DallasFed, M Hashem Pesaran @USCDornsife, @mraissi80 @IMFNews & @arebucci1 @JHUCarey, we develop a threshold-augmented dynamic multi-country model (#TGVAR) to quantify the #macroeconomic effects of #Covid19: econ.cam.ac.uk/research/cwpe-… 1/n Image
Key challenges with the empirical #economic analysis of #Covid19 include the following: how to identify the shock, how to account for its non-linear effects, & how to quantify its effects while accounting for spillovers, common global factors, network effects and uncertainty. 2/n
We contribute to the literature by addressing these issues in a coherent multi-country framework. We offer an identification strategy for the #Covid19 shock considering that a synthetic control method cannot be applied in the context of a global #pandemic. 3/n
Read 23 tweets

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