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Telecommunications Infrastructure And Economic Development: A Simultaneous Approach
Röller, Lars-Hendrik; Waverman, Leonard - C.E.P.R. Discussion Papers - 2000
This paper investigates how telecommunications infrastructure affects economic growth. This issue is important and has received considerable attention in the popular press concerning the creation of the 'information superhighway' and its potential impacts on the economy. We use evidence from 21...
Persistent link: https://www.econbiz.de/10005123589
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The Agricultural Origins of Time Preference
Galor, Oded; Özak, Ömer - C.E.P.R. Discussion Papers - 2014
This research explores the origins of the distribution of time preference across regions. It advances the hypothesis, and establishes empirically, that geographical variations in natural land productivity and their impact on the return to agricultural investment have had a persistent effect on...
Persistent link: https://www.econbiz.de/10011083828
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Human Development in Africa: A Long-run Perspective
Prados de la Escosura, Leandro - C.E.P.R. Discussion Papers - 2011
Long-run trends in Africa’s well-being are provided on the basis of a new index of human development, alternative to the UNDP’s HDI. A sustained improvement in African human development is found that falls, nonetheless, short of those experienced in other developing regions. Within Africa,...
Persistent link: https://www.econbiz.de/10009322973
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Improving Human Development: A Long-run View
Prados de la Escosura, Leandro - C.E.P.R. Discussion Papers - 2010
The pessimistic flavour of the Human Development Reports appears to be in contradiction with their own numbers as developing countries fare comparatively better in human development than in per capita GDP terms. This paper attempts to bridge this gap by providing a new, ‘improved’ human...
Persistent link: https://www.econbiz.de/10008607506
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World Human Development: 1870-2007
Prados de la Escosura, Leandro - C.E.P.R. Discussion Papers - 2013
How has wellbeing evolved over time and across regions? How does the West compare to the Rest? What explains their differences? These questions are addressed using an historical index of human development. A sustained improvement in wellbeing has taken place since 1870. The absolute gap between...
Persistent link: https://www.econbiz.de/10011084034
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Live aid revisited: long-term impacts of the 1984 Ethiopian famine on children
Dercon, Stefan; Porter, Catherine - C.E.P.R. Discussion Papers - 2012
In 1984, the world was shocked at the scale of a famine in Ethiopia that caused over half a million deaths, making it one of the worst in recent history. The mortality impacts are clearly signicant. But what of the survivors? This paper provides the first estimates the long-term impact of the...
Persistent link: https://www.econbiz.de/10011084497
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Trust, Growth and Well-Being: New Evidence and Policy Implications
Algan, Yann; Cahuc, Pierre - C.E.P.R. Discussion Papers - 2013
This survey reviews the recent research on trust, institutions and economic development. It discusses the various measures of trust and documents the substantial heterogeneity of trust across space and time. The conceptual mechanisms that explain the influence of trust on economic performance...
Persistent link: https://www.econbiz.de/10011084699
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On the Impact of Forward Contract Obligations in Multi-Unit Auctions
de Frutos, Maria-Angeles; Fabra, Natalia - C.E.P.R. Discussion Papers - 2008
Several regulatory authorities worldwide have recently imposed forward contract obligations on electricity producers as … bidding in electricity markets, or in any other auction-based market. For this purpose, we introduce forward contracts in a …
Persistent link: https://www.econbiz.de/10005136602
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Modelling Energy Demand and Household Welfare Using Micro-Data
Baker, Paul; Blundell, Richard William; Micklewright, John - C.E.P.R. Discussion Papers - 1987
, electricity and a composite good, "other fuels". This composite good is subject to such large measurement errors in the data set … and electricity consumption and it is shown how the model's structural parameters, i.e. those of household preferences … presented and the diversity of implied price and income elasticities is emphasized. Both gas and electricity are found to be …
Persistent link: https://www.econbiz.de/10005497752
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What Really Matters in Auction Design
Klemperer, Paul - C.E.P.R. Discussion Papers - 2000
discuss radiospectrum and football TV-rights auctions, electricity markets, and takeover battles), and the Anglo-Dutch auction …
Persistent link: https://www.econbiz.de/10005114514