New OECD publications have been uploaded to the OECD iLibrary, a comprehensive digital repository of books, papers, and statistics from the Organisation for Economic Cooperation and Development (OECD). Titles recently added include:
- Garlic (International Standards for Fruit and Vegetables series)
- Evaluation of Agricultural Policy Reforms in the European Union: the Common Agricultural Policy 2014-20
- SME and Entrepreneurship Policy in Canada (OECD Studies on SMEs and Entrepreneurship series)
- Public Procurement Review of Mexico’s PEMEX: Adapting to Change in the Oil Industry (OECD Public Governance Reviews series)
- Aid for Trade at a Glance 2017 : Promoting Trade, Inclusiveness and Connectivity for Sustainable Development
- OECD-FAO Agricultural Outlook 2017-2026
- Interrelations Between Public Policies, Migration and Development in Costa Rica (OECD Development Pathways series)
- OECD Development Co-operation Peer Reviews: Slovenia 2017
- OECD Economic Surveys: Argentina 2017, Luxembourg 2017, Austria 2017, and South Africa 2017
- OECD Investment Policy Reviews: Lao PDR
- OECD Reviews of Innovation Policy: Kazakhstan 2017
These volumes and more are accessible from the OECD iLibrary by WTO staff and WTO Library patrons.
Oscar Calvo-Gonzalez, Barbara Cunha and Riccardo Trezzi. (2015) “When Winners Feel Like Losers: Evidence From An Energy Subsidy Reform.” Policy Research Working Papers, no. 7265. [doi]
In 2011 the Government of El Salvador implemented a reform to the gas subsidy that increased the welfare of households in all but the top two deciles of the income distribution. However, the reform turned out to be rather unpopular, especially among winners. This paper relies on ad hoc household surveys conducted before the implementation and in the following two and a half years to test which factors help explain the puzzle. The analysis uses probit and logit models to show that misinformation (a negativity bias by which people with limited information inferred negative consequences), mistrust of the government’s ability to implement the policy, and political priors explain most of the (un)satisfaction before implementation. Perceptions improved gradually—and significantly so—over time when the subsidy reception induced households to update their initial priors, although political biases remained significant throughout the entire period. The results suggest several implications with respect to policy reforms in cases where agents have limited information.
Full-text article available in PDF through a subscription to the World Bank eLibrary.
This article assesses the case made for energy market integration in East Asia by comparing the role of institutions in South East Asia and North East Asia.
Full-text available in .pdf