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Convergence Clubs and Diverging Economies

Ben-David, Dan - C.E.P.R. Discussion Papers - 1994

This paper focuses on the question of income convergence among countries. While the methodology used to determine convergence differs from the common cross-sectional approach, it corroborates Baumol's finding of a convergence club among the world's wealthiest countries. It also shows that there...

Persistent link: https://www.econbiz.de/10005136469

The Political Economy of Ethnolinguistic Cleavages

Desmet, Klaus; Ortuño-Ortín, Ignacio; Wacziarg, Romain - C.E.P.R. Discussion Papers - 2009

This paper proposes a new method to measure ethnolinguistic diversity and offers new results linking such diversity with a range of political economy outcomes -- civil conflict, redistribution, economic growth and the provision of public goods. We use linguistic trees, describing the...

Persistent link: https://www.econbiz.de/10008566319

Growth in a Dual Economy

Blomström, Magnus; Wolff, Edward N - C.E.P.R. Discussion Papers - 1994

. Examining the sources of labour productivity growth in Mexican manufacturing, however, does not provide support for this … conclusion. Although we find that labour productivity levels vary almost in direct relation to establishment size, labour … productivity growth shows no systematic variation by size class. In fact, small establishments have had the same rate of labour …

Persistent link: https://www.econbiz.de/10005656467

Trade and Convergence Among Countries

Ben-David, Dan - C.E.P.R. Discussion Papers - 1995

This paper examines the relationship between trade and income convergence by focusing on groups of countries comprising major trade partners. The majority of these groups exhibited significant convergence. Furthermore, a comparison of the trade-based groups with different, randomly selected,...

Persistent link: https://www.econbiz.de/10005497780

Slowdowns and Meltdowns: Post-war Growth Evidence from 74 Countries

Ben-David, Dan; Papell, David - C.E.P.R. Discussion Papers - 1995

Many countries, both industrialized and developing, appear to have experienced a slowdown in economic growth. We examine a large sample of countries and find that a majority exhibit a significant structural break in their post-war growth rates. In nearly all of these cases the break was followed...

Persistent link: https://www.econbiz.de/10005498062

The Great Wars, the Great Crash, and the Unit Root Hypothesis: Some New Evidence About An Old Stylized Fact

Ben-David, Dan; Papell, David - C.E.P.R. Discussion Papers - 1994

For decades, the prevailing sentiment among economists was that growth rates remain constant over the long run. Kaldor considered this to be one of the six important `stylized facts' that theory should address, and until the emergence of endogenous growth models, this was a fundamental feature...

Persistent link: https://www.econbiz.de/10005114489

Growth Strategies

Rodrik, Dani - C.E.P.R. Discussion Papers - 2003

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

The Agricultural Origins of Time Preference

Galor, Oded; Özak, Ömer - C.E.P.R. Discussion Papers - 2014

, and establishes empirically, that geographical variations in natural land productivity and their impact on the return to …

Persistent link: https://www.econbiz.de/10011083828

What Do We Know about Microfinance at Macro Glance?

Alimukhamedova, Nargiza; Hanousek, Jan - C.E.P.R. Discussion Papers - 2015

The majority of microfinance impact studies focus on finding their effect on a specific group of beneficiaries, in contrast we aim to identify the impact on whole economies (economic growth, and financial sector development and reductions in income inequalities), which is an important policy...

Persistent link: https://www.econbiz.de/10011201355

On the Ineffectiveness of Tax Policy in Altering Long- Run Growth: Harberger's Superneutrality Conjecture

Asea, Patrick; Mendoza, Enrique G; Milesi-Ferretti, … - C.E.P.R. Discussion Papers - 1996

Harberger’s superneutrality conjecture contends that, although in theory the mix of direct and indirect taxes affects investment and growth, in practice tax policy is ineffective as an instrument to promote growth. This paper provides evidence to support this view by examining the predictions...

Persistent link: https://www.econbiz.de/10005136639

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