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The reflections in this article stem from Andreatta’s 1958 analysis on Income distribution and capital accumulation, in the form of a stylized interpretation of his thought as a political economist. His theoretical analyses are reinterpreted with particular attention to the effects of...
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This paper defines the global economic costs of conflict and suggests two key criteria, namely comprehensiveness and … studies focus on national income losses, using counterfactual regression models, finding a negative impact on growth both for … conflict countries themselves and for their neighbors. However, the debate is quite fragmented and the literature fails to …
Persistent link: https://www.econbiz.de/10008691553
Recent studies have examined the effect of political conflict and domestic terrorism on economic and political outcomes … positively to declines in violence. These findings imply that ethnic and political conflict may affect the level, direction, and … quality of invention and economic growth over time. Copyright Springer Science+Business Media New York 2014 …
Persistent link: https://www.econbiz.de/10010863466
We propose a theoretical and econometric framework to evaluate the impact of war on economic growth of a developing … country with an open economy. The theoretical framework encompasses both the neoclassical and endogenous growth models. We … externalities. Only short-run significant effects of openness on growth are found. Inconsistent politically driven policies towards …
Persistent link: https://www.econbiz.de/10010868907
’s Millennium Development Goals. We also examine the effect of conflict on economic growth. Conflict has clear detrimental effects …This paper conducts the first analysis of the effect of armed conflict on progress in meeting the United Nation … on the reduction of poverty and hunger, on primary education, on the reduction of child mortality, and on access to …
Persistent link: https://www.econbiz.de/10011052058
Since 1995, growth in sub-Saharan Africa has averaged more than 5% per year reversing a two-decade decline of real … income per capita. In this paper, we explore the extent to which the nascent growth is sustainable or not due to higher … observations on 46 countries from 1968 to 2004. We explore these data with cross-sectional and panel growth regression analysis and …
Persistent link: https://www.econbiz.de/10010574389
is typical for a macroeconomic neoclassical growth model, the aggregate impact of the conjectured shocks dissipates over …
Persistent link: https://www.econbiz.de/10005046556
economy. We estimate the impact of the attacks to be approximately a 0.50 percentage point decrease in GDP growth or $60 …
Persistent link: https://www.econbiz.de/10005046558
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