There has been an increasing awareness within the developed world that the cultural industries may play an important role in economic development. The fact that most of the commercial cultural industries have relatively low distribution costs, and that the gains from the mass production of a...

Nell’ultimo Rapporto sullo Sviluppo Umano delle Nazioni Unite, si afferma che gli Obiettivi di Sviluppo del Millennio potranno essere raggiunti solo se acquisteranno significato per i miliardi di individui per i quali sono stati concepiti. La gestione diretta degli aiuti internazionali da...

The decision to migrate has received substantial attention from both theoretical and empirical perspectives. Underlying most analyses is the desire to understand why individuals relocate within their own country, or more drastically, migrate to another country. While there are numerous reasons...

In this paper an effort has been made to unveil some hidden and implicit assumptions that has been used in different models dealing with analysis and measurement of contribution of human capital to economic growth. In order to do it we started from the general production function with...

In this paper, we evaluate four explanations for economic stagnation that have been proposed in the literature: coordination failures, ineffective mix of occupational choices, insufficient human capital accumulation, and politico-economic considerations. We calibrate models that embody these...

This paper examines the channels through which education affects household earnings in environments where wages are unobserved. Utilizing data from rural Peru, the empirical strategy decomposes the earnings returns to education into various wage-dependent and labour supply parameters. Geographic...

Nell’ultimo Rapporto sullo Sviluppo Umano delle Nazioni Unite, si afferma che gli Obiettivi di Sviluppo del Millennio potranno essere raggiunti solo se acquisteranno significato per i miliardi di individui per i quali sono stati concepiti. La gestione diretta degli aiuti internazionali da...

The aim of this paper is to summarise the results of a non-farm micro- enterprise survey in rural and peri-urban Romania and to examine their impact on the development of sustainable rural livelihoods. As these firms operate in fixed locations and are therefore more easily located and observed,...

This paper focuses on the question of income convergence among countries. While the methodology used to determine convergence differs from the common cross-sectional approach, it corroborates Baumol's finding of a convergence club among the world's wealthiest countries. It also shows that there...

This paper examines the relationship between trade and income convergence by focusing on groups of countries comprising major trade partners. The majority of these groups exhibited significant convergence. Furthermore, a comparison of the trade-based groups with different, randomly selected,...