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same (detrended) consumption over space and time, lead to convergence in the level of capital across locations in the long-run. …
Persistent link: https://www.econbiz.de/10008515823
This study aims to analyze the management of the Specific Allocation Fund (DAK). The three largest DAK-recipient sectors are the focus of the study : education, health, and roads infrastructure. The study sample areas are four districts. This paper was compiled based on the results of in-depth...
Persistent link: https://www.econbiz.de/10009363884
This paper casts the Belgian Great Depression of the 1930s within a dynamic stochastic general equilibrium (DSGE) framework. Results show that a total factor productivity shock within a standard real business cycle model is unsatisfactory. Introducing war expectations in the baseline model...
Persistent link: https://www.econbiz.de/10004984806
Abstract: The first challenge for economic growth theory is to understand the transition from stagnation to growth at the time of the Industrial Revolution and in particular to identify the main factor(s) that triggered the take-off. Doing so also helps to understand why there are poor and rich...
Persistent link: https://www.econbiz.de/10010961076
Beyond natural sterility, there are two main types of childlessness: one driven by poverty and another by the high opportunity cost to child-rearing. We argue that taking childlessness and its causes into account matters for assessing the impact of development policies on fertility. We measure...
Persistent link: https://www.econbiz.de/10011265925
In this paper, we have developed a two-period overlapping-generation model featuring the effects of child nutrition in developing countries. The model gives rise to multiple equilibria including a poverty trap. It shows that child nutrition status may affect the development of human capital...
Persistent link: https://www.econbiz.de/10009350366
This paper examines the relationship between international migration and source country fertility. The impact of international migration on source country fertility may have a number of causes, including a transfer of destination countries’ fertility norms and an incentive to acquire more...
Persistent link: https://www.econbiz.de/10004984844
Do openness to trade and higher levels of human capital promote faster productivity growth? That they do is a key implication of several versions of endogenous growth theory. To answer the question we use panel data on 93 countries spanning the 1970-2000 period. Controlling for fixed effects as...
Persistent link: https://www.econbiz.de/10005556098
This study investigates regional and ethnic inequality in Indonesia from five dimensions : access to education and health facilities, education outcome, health outcome, voice, as well as income and consumption. We believe this is the first comprehensive study that looks at ethnic inequality in...
Persistent link: https://www.econbiz.de/10009363649
growth always lead to regional convergence. Physical capital mobility turns out to be an overwhelming convergence force. …
Persistent link: https://www.econbiz.de/10004984960