Showing 1 - 10 of 31
Empirical evidence suggests that most advertisements contain little direct information. Many do not mention prices. We analyse a monopoly firm’s choice of advertising content and the information disclosed to consumers. The firm advertises only product information, price information, or both;...
Persistent link: https://www.econbiz.de/10005662329
We extend the persuasion game to bring it squarely into the economics of advertising. We model advertising as exciting consumer interest into learning more about the product, and determine a firm's equilibrium choice of advertising content over quality information, price information, and...
Persistent link: https://www.econbiz.de/10011083652
This essay investigates the determinants of the growth performance of Africa. I start by illustrating a broader … institutional development. After reporting results from standard growth regressions, I analyze the role of Africa’s peculiar history … influence, in and out of Africa, of the slave trades. The essay ends with critical conclusions and suggestions for further …
Persistent link: https://www.econbiz.de/10009225960
Long-run trends in Africa’s well-being are provided on the basis of a new index of human development, alternative to … experienced in other developing regions. Within Africa, Sub-Saharan Africa has fallen steadily behind the North since mid-20th …
Persistent link: https://www.econbiz.de/10009322973
South Africa and variation in the intensity of this law to identify increases in wages for domestic workers and find no …
Persistent link: https://www.econbiz.de/10009365006
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
for sub-Saharan Africa becomes less significant in a cross section of 98 countries after controlling for colonial …
Persistent link: https://www.econbiz.de/10005791768
We explore the determinants of state fragility in sub-Saharan Africa. Controlling for a wide range of economic …
Persistent link: https://www.econbiz.de/10008468636
In the early stage of the 2008-2009 financial crisis, the conventional wisdom was that financial under-development of sub Saharan African economies may be a blessing in disguise because it insulates them from the direct effects of the crisis. This paper argues that this may also make African...
Persistent link: https://www.econbiz.de/10008530377
This study explores to what extent migration has contributed to improved living standards of individuals in Tanzania. Using a 13-year panel survey, the authors find that migration between 1991 and 2004 added 36 percentage points to consumption growth. Although moving out of agriculture resulted...
Persistent link: https://www.econbiz.de/10008530383