Showing 1 - 10 of 182
Transport infrastructure has represented one of the cornerstones of development and cohesion strategies in the European … Union (EU) and elsewhere in the world. However, despite the considerable funds devoted to it, its impact remains … controversial. This paper revisits the question of to what extent transport infrastructure endowment -- proxied by regional …
Persistent link: https://www.econbiz.de/10011084543
We analyze the joint dynamics of religious beliefs, scientific progress and coalitional politics along both religious and economic lines. History offers many examples of the recurring tensions between science and organized religion, but as part of the paper’s motivating evidence we also...
Persistent link: https://www.econbiz.de/10011262883
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
Do countries with lower policy-induced barriers to international trade grow faster, once other relevant country characteristics are controlled for? There exists a large empirical literature providing an affirmative answer to this question. We argue that methodological problems with the empirical...
Persistent link: https://www.econbiz.de/10005662074
This paper examines the economic rationale for concern about the falling rate of growth of Europe's population. It also assembles demographic and economic time-series data for the countries of Eastern and Western Europe during the postwar period. The consequences of demographic developments for...
Persistent link: https://www.econbiz.de/10005662094
infrastructure services, including telecommunications, power and transport, are highly correlated with inward FDI. Controlling for …
Persistent link: https://www.econbiz.de/10005662114
This is an attempt to derive broad, strategic lessons from the diverse experience with economic growth in last 50 years. The paper revolves around two key arguments. One is that neo-classical economic analysis is a lot more flexible than its practitioners in the policy domain have generally...
Persistent link: https://www.econbiz.de/10005662151
We analyse an economy that lacks a strong legal-political institutional infrastructure and is populated by multiple …
Persistent link: https://www.econbiz.de/10005662300
This paper addresses two puzzles of the growth literature: the failure of standard growth equations to account for slow growth in Latin America and Africa; and the surprising failure of trade to explain growth when trade liberalization appears to play a significant role. The paper shows that: i)...
Persistent link: https://www.econbiz.de/10005662346
What is the impact of movement towards free trade on output? Can this impact permanently affect output levels, and more importantly, will it have an impact on steady-state growth rates? This paper provides empirical evidence showing how countries have exhibited substantial increases in their...
Persistent link: https://www.econbiz.de/10005666425