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The Effect of Ethnic Violence on an Export-Oriented Industry

Ksoll, Christopher; Macchiavello, Rocco; Morjaria, Ameet - C.E.P.R. Discussion Papers - 2010

This paper investigates the effects of ethnic violence on export-oriented firms and their workers. Following the disputed 2007 Kenyan presidential election, export volumes of flower firms affected by the ensuing violence dropped by 38 percent and worker absence exceeded 50 percent. Large firms...

Persistent link: https://www.econbiz.de/10008680760

Price Distortions and Economic Growth in Sub-Saharan Africa

Anderson, Kym; Brückner, Markus - C.E.P.R. Discussion Papers - 2011

To what extent has Sub-Saharan Africa’s slow economic growth over the past five decades been due to price and trade policies that have discouraged production of agricultural relative to non-agricultural tradables? This paper uses a new set of estimates of policy distortions to relative prices...

Persistent link: https://www.econbiz.de/10009246604

Krueger/Schiff/Valdés Revisited: Agricultural Price and Trade Policy Reform in Developing Countries since 1960

Anderson, Kym - C.E.P.R. Discussion Papers - 2009

’s transition economies and comparable estimates for high-income countries, thereby covering more than 90 percent of world …

Persistent link: https://www.econbiz.de/10008557010

Do Oil Windfalls Improve Living Standards? Evidence from Brazil

Caselli, Francesco; Michaels, Guy - C.E.P.R. Discussion Papers - 2009

We use variation in oil output among Brazilian municipalities to investigate the effects of resource windfalls. We find muted effects of oil through market channels: offshore oil has no effect on municipal non-oil GDP or its composition, while onshore oil has only modest effects on non-oil GDP...

Persistent link: https://www.econbiz.de/10008509470

Cultural Assimilation, Cultural Diffusion and the Origin of the Wealth of Nations

Ashraf, Quamrul; Galor, Oded - C.E.P.R. Discussion Papers - 2007

This research argues that variations in the interplay between cultural assimilation and cultural diffusion have played a significant role in giving rise to differential patterns of economic development across the globe. Societies that were geographically less vulnerable to cultural diffusion,...

Persistent link: https://www.econbiz.de/10005123872

Ruggedness: The Blessing of Bad Geography in Africa

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

There is controversy about whether geography matters mainly because of its contemporaneous impact on economic outcomes or because of its interaction with historical events. Looking at terrain ruggedness, we are able to estimate the importance of these two channels. Because rugged terrain hinders...

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

Do Oil Price Increases Cause Higher Food Prices?

Baumeister, Christiane; Kilian, Lutz - C.E.P.R. Discussion Papers - 2013

U.S. retail food price increases in recent years may seem large in nominal terms, but after adjusting for inflation have been quite modest even after the change in U.S. biofuel policies in 2006. In contrast, increases in the real prices of corn, soybeans, wheat and rice received by U.S. farmers...

Persistent link: https://www.econbiz.de/10011084483

Natural resource wealth: the challenge of managing a windfall

van der Ploeg, Frederick; Venables, Anthony J - C.E.P.R. Discussion Papers - 2011

volatility of revenues, have failed to save a sufficiently high proportion of their resource revenues and failed to make high …

Persistent link: https://www.econbiz.de/10009385762

Volatility, Financial Development and the Natural Resource Curse

Poelhekke, Steven; van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 2007

Cross-country evidence is presented on resource dependence and the link between volatility and growth. First, growth … depends negatively on volatility of unanticipated output growth independent of initial income per capita, the average … growth. Second, the adverse effect of resources on growth operates primarily through higher volatility. The positive effect …

Persistent link: https://www.econbiz.de/10005123919

Institutional Causes, Macroeconomic Symptoms: Volatility, Crises and Growth

Acemoglu, Daron; Johnson, Simon; Robinson, James A; … - C.E.P.R. Discussion Papers - 2002

misaligned exchange rates, appear to have suffered more macroeconomic volatility and also grown more slowly during the postwar … more ‘extractive’ institutions from their colonial past were more likely to experience high volatility and economic crises … appear to have only a minor impact on volatility and crises. This suggests that distortionary macroeconomic policies are more …

Persistent link: https://www.econbiz.de/10005136626

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