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Land deals in Africa: pioneers and speculators

Collier, Paul; Venables, Anthony J - C.E.P.R. Discussion Papers - 2011

Much African land currently has low productivity and has attracted investors purchasing (or leasing) land as a speculative option on higher future prices or productivity. If land deals are to be beneficial they need to induce productivity enhancing investments. Some of these will be publicly...

Persistent link: https://www.econbiz.de/10009367429

Ruggedness: The Blessing of Bad Geography in Africa

Nunn, Nathan; Puga, Diego - C.E.P.R. Discussion Papers - 2007

effect on income. However, in Africa rugged terrain afforded protection to those being raided by slave traders. Since the … slave trade retarded subsequent economic development, in Africa ruggedness also has had a historical indirect positive … Africa the indirect positive effect dominates the direct negative effect. Looking within Africa, we provide evidence that the …

Persistent link: https://www.econbiz.de/10005136410

Weather shocks and English wheat yields, 1690-1871

Brunt, Liam - C.E.P.R. Discussion Papers - 2015

We estimate a time series model of weather shocks on English wheat yields for the early nineteenth century and use it to predict weather effects on yield levels from 1697 to 1871. This reveals that yields in the 1690s were depressed by unusually poor weather; and those in the late 1850s were...

Persistent link: https://www.econbiz.de/10011249371

Will Trade Liberalization Harm the Environment? The Case of Indonesia 2020

Anderson, Kym; Strutt, Anna - C.E.P.R. Discussion Papers - 1998

Most-favoured-nation (MFN) trade liberalizations will always improve global economic welfare provided globally optimal environmental, and other, policies are in place. But since the latter proviso is not met in practice, empirical studies of the environmental and resource depletion effects of...

Persistent link: https://www.econbiz.de/10005666805

Liability for Past Environmental Contamination and Privatization

Earnhart, Dietrich - C.E.P.R. Discussion Papers - 2000

This paper examines the role of liability for past environmental contamination in the privatization processes of … hypotheses regarding a privatization agency’s responses to the investor’s knowledge of cleanup costs. The empirical section of …

Persistent link: https://www.econbiz.de/10005504606

External Integration, Structural Transformation and Economic Development: Evidence from Argentina 1870-1914

Fajgelbaum, Pablo; Redding, Stephen J. - C.E.P.R. Discussion Papers - 2014

This paper uses the natural experiment of Argentina's integration into world markets in the late-nineteenth century to provide evidence on the role of internal geography in shaping the effects of external integration. We develop a quantitative model of the distribution of economic activity...

Persistent link: https://www.econbiz.de/10011083840

Private Provision of Public Goods and Information Diffusion in Social Groups

Scharf, Kimberley - C.E.P.R. Discussion Papers - 2011

We describe a model of fundraising in social groups, where private information about quality of provision is transmitted by social proximity. Individuals engage in voluntary provision of a pure collective good that is consumed by both neighbors and non-neighbors. We show that, unlike in the case...

Persistent link: https://www.econbiz.de/10009320406

Estimating Income Elasticity of Government Expenditures: Evidence from Oil Price Shocks

Brückner, Markus; Chong, Alberto; Gradstein, Mark - C.E.P.R. Discussion Papers - 2011

We estimate the income elasticity of government expenditures using variation in the international oil price as a plausibly exogenous source of within-country variation of countries’ permanent income. Our short run elasticity estimates, between 0.25-0.50, are generally somewhat smaller than the...

Persistent link: https://www.econbiz.de/10009293665

Exogenous Volatility and the Size of Government in Developing Countries

Brückner, Markus; Gradstein, Mark - C.E.P.R. Discussion Papers - 2013

This paper presents instrumental variables estimates of the effects of GDP per capita volatility on the size of government. We show that for a panel of 157 countries spanning more than half a century rainfall volatility has a significant positive effect on GDP per capita volatility in countries...

Persistent link: https://www.econbiz.de/10011083816

Democratic Redistribution and Rule of the Majority

Corneo, Giacomo; Neher, Frank - C.E.P.R. Discussion Papers - 2014

Does redistribution in democracies cater to the will of the majority? We propose and apply a simple empirical strategy based on survey data to address that longstanding issue. Differently from previous evaluations of the median-voter theory, ours does not assume that voters are guided by...

Persistent link: https://www.econbiz.de/10011084276

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