Showing 1 - 10 of 521
We construct a simple model where political elites may block technological and institutional development, because of a … replaced. Fearing replacement, political elites are unwilling to initiate change, and may even block economic development. We … show that elites are unlikely to block development when there is a high degree of political competition, or when they are …
Persistent link: https://www.econbiz.de/10005124137
In the presence of uncertainty about what a country can be good at producing, there can be great social value to discovering costs of domestic activities because such discoveries can be easily imitated. We develop a general-equilibrium framework for a small open economy to clarify the analytical...
Persistent link: https://www.econbiz.de/10005136685
-term perspective. One part of the Paper looks at the foundations for industrial take-off in Sweden, with some focus on the development …
Persistent link: https://www.econbiz.de/10005666460
start with the relation between development and rural-urban migration. Moving beyond the coarse rural-urban distinction, we … with development. As we discuss, these spatial dynamics often mask important differences across sectors. We then turn our … development, we draw on empirical evidence from both the historical evolution of today's developed economies and comparisons …
Persistent link: https://www.econbiz.de/10011084674
We exploit regional variation in suitability for cultivating potatoes, together with time variation arising from their introduction to the Old World from the Americas, to estimate the impact of potatoes on Old World population and urbanization. Our results show that the introduction of the...
Persistent link: https://www.econbiz.de/10005039579
Business support policies designed to raise productivity and employment are common worldwide, but rigorous micro …
Persistent link: https://www.econbiz.de/10011084352
The purpose of this paper is to try to shed some new light on the current industrial policy crisis. This paper proposes that the industrial policy debate is shaped by knowledge about the functioning of the underlying industrial structure, which in turn is the Gegenstand of scholars in the field...
Persistent link: https://www.econbiz.de/10005136586
We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...
Persistent link: https://www.econbiz.de/10008684672
Much more than comparative advantage and free markets have been at play in shaping China's export success. Government policies have helped nurture domestic capabilities in consumer electronics and other advanced areas that would most likely not have developed in their absence. As a result, China...
Persistent link: https://www.econbiz.de/10005114180
contrast we aim to identify the impact on whole economies (economic growth, and financial sector development and reductions in …
Persistent link: https://www.econbiz.de/10011201355