Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Policy Research Working Paper 10931 Using Post-Double Selection Lasso in Field Experiments Jacobus Cilliers Nour Elashmawy David McKenzie Development Economics Development Research Group September 2024 Public Disclosure Authorized Policy Research Working Paper 10931 Abstract The post-double selection Lasso estimator has become a popular way of selecting control variables when analyzing randomized experiments. This is done ...

Public Disclosure Authorized Sierra Leone Circular Economy in Plastics for Sustainable Tourism and Economic Diversification Public Disclosure Authorized Public Disclosure Authorized SINGLE-USE PLASTIC REDUCTION GUIDELINES FOR HOTELS AND RESTAURANTS Public Disclosure Authorized ii © 2024 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org This work is a product of the staff of The World Bank with exter ...

ABiresearch SIEMENS This whitepaper demonstrates Siemens' software-forward approach to decarbonizing buildings with a "one-stop" platform for sustain- ability—Building X. The Building X platform streamlines data collec- tion and reporting with the Sustainability Manager, Energy Manager to enhance operations, and Comfort AI for proactive maintenance and optimization. Through the Building X partner ecosystem, building operations are automated; new opportunities for green initiatives, real- time monitoring and ...

SIEMENS' BUILDING X OPEN PLATFORM AND DEVELOPER ECOSYSTEM INTRODUCTION AND EXECUTIVE SUMMARY Dominique Bonte, VP End Markets and Verticals Rithika Thomas, Senior Analyst CONTENTS INTRODUCTION AND EXECUTIVE SUMMARY ..........1 SIEMENS BUILDING X BRINGS OPENNESS TO THE SMART BUILDINGS MARKET .......................................1 BUILDING X OPEN PLATFORM LEVERAGES DEVELOPER ECOSYSTEM TO BRING SOLUTIONS TO THE MARKET...............2 THE ROLE OF BUILDING X IN A FAST-EVOLVING SMART BUILDINGS MARKET ........... ...

Brand Finance® South The annual report on the most valuable and strongest South Korean brands September 2024 Korea 150 2024 Contents About Brand Finance 3 Foreword 4 Alex Haigh, Managing Director, Brand Finance Asia Pacific Ranking Analysis 7 Sector Analysis 15 Brand Value Ranking (USDm) 21 Methodology 24 Our Services 30 © 2024 All rights reserved. Brand Finance Plc. Brand Finance South Korea 150 2024 brandirectory.com/south-korea 2 Brand Finance® Bridging the gap between Marketing and Finance About Brand F ...

September 2024 China Brief The Truth About Chinese Consumption Daniel Zipser, Leader, Asia Consumer & Retail Practice Looking back over the past few months since our last China Brief update in April, not much has changed. China's GDP grew at a steady 5 percent during the first half of the year, while retail sales ticked modestly upward by 3.7 percent during this period. We see few signs that this picture of single-digit growth in consumption will change for the foreseeable future. Indeed, some observers are ...

Policy Research Working Paper 10925 Public Disclosure Authorized Public Disclosure Authorized The Division of Revenues from Unexpected Demand Shocks Paulo Bastos Natalia P. Monteiro Odd Rune Straume Development Economics Development Research Group September 2024 Public Disclosure Authorized Public Disclosure Authorized Policy Research Working Paper 10925 Abstract This paper exploits gaps between observed and recently forecasted Gross Domestic Product growth in export destinations to estimate the effects of ...

Policy Research Working Paper 10927 Public Disclosure Authorized Public Disclosure Authorized Characterizing Green and Brown Employment in India Andrés Ham Emmanuel Vazquez Monica Yanez-Pagans Education Global Practice September 2024 Public Disclosure Authorized Public Disclosure Authorized Policy Research Working Paper 10927 Abstract Transitioning toward sustainable development practices is expected to result in broad changes to economic activity, which will subsequently impact labor markets and change the ...

Industry Overview - The study focuses on the financial distortions in capital markets between state-owned enterprises (SOEs) and private-owned enterprises (POEs) across 24 European countries from 2010 to 2016 [2] - SOEs have subsidized access to debt and equity compared to POEs, with a 1 percentage point increase in government stake reducing the implicit average finance cost by 0.01 percent [6][7] - The removal of SOEs from the market could lead to aggregate productivity losses of up to 40 percent due to their superior technical efficiency in some sectors [2] Core Findings - Targeted reforms that shut down poorly performing SOEs lead to aggregate total factor productivity (TFP) gains of up to 15 percent in every country [2] - Reforms that remove distortions before reallocating resources toward more productive firms can increase productivity by up to 83.7 percent [2] - SOEs are prevalent across competitive industries, with 70% operating in sectors like food, construction, and hospitality, typically dominated by private firms [6] Financial Distortions and Productivity - SOEs benefit from lower debt issuance costs and direct budget support, which distorts finance, innovation, and resource allocation [6] - The methodology used to measure financial frictions shows that SOEs face lower costs of finance, with a 1 p.p. increase in government shareholding reducing the cost of finance by 0.01% for non-publicly listed firms [11] - Publicly listed SOEs, however, face higher costs of accessing finance compared to non-listed SOEs [11] Sector-Specific Insights - The largest subsidies for SOEs occur in industries critical to the economy, such as financial services, electricity, water, and information and communications [11] - The fiscal burden of SOE financial subsidies ranges from 0.001% to 0.955% of GDP for the year 2016, with Slovenia experiencing the highest subsidy cost [11] Counterfactual Reforms - Shutting down all SOEs leads to productivity losses in some countries (e.g., Bosnia and Herzegovina with a 40% decline) and gains in others (e.g., Ukraine with a 35% increase) [12] - Targeted reforms that close only poorly performing SOEs result in TFP gains across all countries, with the highest gains in Germany (14.1%), Ukraine (11.1%), and Montenegro (8.4%) [14][86] - Combining targeted SOE reforms with financial market reforms that eliminate distortions can lead to TFP gains ranging from 26.6% in Austria to 85.5% in Ukraine [92] Data and Methodology - The study uses a novel firm-level database and implements Whited and Zhao's (2021) methodology to infer financial distortions [6][8] - The analysis leverages fixed-effect regressions to assess the role of state ownership in the cost of finance, controlling for firm size, age, productivity, and country-sector fixed effects [10] - The methodology assumes a CES production function to capture sector-wide financial frictions and firm-specific wedges [7][8]

Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Policy Research Working Paper 10928 Jobless Development Franziska Ohnsorge Richard Rogerson Zoe Leiyu Xie Public Disclosure Authorized South Asia Region Office of the Chief Economist September 2024 Policy Research Working Paper 10928 Abstract Analyses of GDP per capita differences across countries focus almost exclusively on differences in productivity. This paper shows that there are also large differences in medium-run ...