Add wos sample results library

2023-09-28 16:46:10 +02:00 · 2023-09-28 16:46:10 +02:00 · 19e409ad85
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+abstract: 'It is clear that in the transition out of the COVID-19 crisis in
+
+  Colombia there will be great need for formal job creation. One source
+
+  that has been widely discussed in policy circles is strengthening
+
+  linkages of Colombian firms with Global Value Chains (GVCs). Another
+
+  source that has received recent attention, and deservedly so, is digital
+
+  infrastructure development (DID)-which can boost telework and virtual
+
+  human capital accumulation. Reduction in poverty and inequality through
+
+  more and better formal employment is an important aspect of a jobs and
+
+  economic transformation (JET) agenda. In this paper, we explore-through
+
+  a computable general equilibrium model (CGE) and a microsimulation
+
+  framework-to what extent reforms of the type envisioned in the JET
+
+  agenda and which could generate GVC linkages, as well as through DID,
+
+  for Colombia, and we project their impact on poverty and inequality up
+
+  to 2030. Our findings show limited impact of the three types of policy
+
+  changes considered for GVCs-namely (i) fall in barriers for seamless
+
+  business logistics, (ii) reductions in tariffs, and (iii) lower barriers
+
+  to foreign direct investment (FDI). The impact of DID on inequality is
+
+  also moot. There is however a modest impact on poverty reduction in the
+
+  combined policy of digital infrastructure with a boost in skilled labor.
+
+  This finding can be linked to different factors. First, there are
+
+  relatively few direct jobs created to benefit households with low levels
+
+  of human capital. Second, there might be indirect job creation through
+
+  backward linkages to local suppliers by firms linked to GVCs, but this
+
+  effect would be a general equilibrium effect that our CGE model with a
+
+  partial equilibrium microsimulation distributional module does not fully
+
+  capture. Third, the positioning of Colombian firms to latch onto GVCs,
+
+  and also generate demand for local intermediate inputs and services, is
+
+  not optimal. Fourth, DID may generate more general labor market
+
+  opportunities through telework and virtual learning expansions but could
+
+  also induce larger wage gaps as the skill premium rises so that the net
+
+  effect on inequality is ambiguous.'
+affiliation: 'Kugler, MD (Corresponding Author), George Mason Univ, Schar Sch Policy
+  \& Govt, Ctr Microecon Policy Res CMEPR, Arlington, VA 22201 USA.
+
+  del Carpio, Ximena; Cuesta, Jose A., World Bank, Washington, DC 20433 USA.
+
+  Kugler, Maurice D., George Mason Univ, Schar Sch Policy \& Govt, Ctr Microecon Policy
+  Res CMEPR, Arlington, VA 22201 USA.
+
+  Hernandez, Gustavo; Piraquive, Gabriel, Santafe Bogota, Div Estudios Especiales,
+  Dept Nacl Planeac, Bogota, Colombia.'
+article-number: '43'
+author: del Carpio, Ximena and Cuesta, Jose A. and Kugler, Maurice D. and Hernandez,
+  Gustavo and Piraquive, Gabriel
+author-email: 'xdelcarpio@worldbank.org
+
+  jcuesta@worldbank.org
+
+  mkugler@gmu.edu
+
+  ghernandez@dnp.gov.co
+
+  gpiraquive@dnp.gov.co'
+author_list:
+- family: del Carpio
+  given: Ximena
+- family: Cuesta
+  given: Jose A.
+- family: Kugler
+  given: Maurice D.
+- family: Hernandez
+  given: Gustavo
+- family: Piraquive
+  given: Gabriel
+da: '2023-09-28'
+doi: 10.3390/jrfm15020043
+eissn: 1911-8074
+files: []
+issn: 1911-8066
+journal: JOURNAL OF RISK AND FINANCIAL MANAGEMENT
+keywords: 'COVID-19 pandemic; aggregate supply and demand shocks; income fall;
+
+  poverty; inequality; JET; GVCs; productivity; formal employment; wages;
+
+  CGE; microsimulations'
+keywords-plus: FOREIGN DIRECT-INVESTMENT; LABOR; GROWTH; PRICES; PLANTS
+language: English
+month: FEB
+number: '2'
+number-of-cited-references: '60'
+orcid-numbers: Kugler, Maurice/0000-0002-1977-5274
+papis_id: 8c2822c56f983eb0352daa9b4b9326d4
+ref: Delcarpio2022whateffects
+times-cited: '4'
+title: What Effects Could Global Value Chain and Digital Infrastructure Development
+  Policies Have on Poverty and Inequality after COVID-19?
+type: Article
+unique-id: WOS:000769714300001
+usage-count-last-180-days: '4'
+usage-count-since-2013: '14'
+volume: '15'
+web-of-science-categories: Business, Finance
+year: '2022'