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Transport Cost Decline and Regional Inequalities: Evidence from France
Combes, Pierre-Philippe; Lafourcade, Miren - C.E.P.R. Discussion Papers - 2001
This Paper first develops a tractable economic geography model we use to investigate the decline of transport costs as a cause of regional inequalities. Next, we perform a structural estimation of this model using a new dataset on road transport costs between the 341 French Employment Areas. We...
Persistent link: https://www.econbiz.de/10005791737
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No Price Like Home: Global House Prices, 1870-2012
Knoll, Katharina; Schularick, Moritz; Steger, Thomas - C.E.P.R. Discussion Papers - 2014
How have house prices evolved in the long-run? This paper presents annual house price indices for 14 advanced economies since 1870. Based on extensive data collection, we are able to show for the first time that house prices in most industrial economies stayed constant in real terms from the...
Persistent link: https://www.econbiz.de/10011083382
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Moving Skills from Hands to Heads: Import of Technology and Export Performance
Barba Navaretti, Giorgio; Galeotti, Marzio - C.E.P.R. Discussion Papers - 2000
This paper examines the link between imported technologies and a country’s export performance, as measured by product quality. The analysis is set against the background of the process of regional integration between the EU and its neighbouring developing countries. The underlying question is...
Persistent link: https://www.econbiz.de/10005667070
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Do Rural Banks Matter? Evidence from the Indian Social Banking Experiment
Burgess, Robin; Pande, Rohini - C.E.P.R. Discussion Papers - 2004
Lack of access to finance is often cited as a key reason for why poor people remain poor. This Paper uses data on the Indian rural branch expansion programme to provide empirical evidence on this issue. Between 1977 and 1990, the Indian central bank mandated that a commercial bank could open a...
Persistent link: https://www.econbiz.de/10005792249
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Economic Backwardness in Political Perspective
Acemoglu, Daron; Robinson, James A - C.E.P.R. Discussion Papers - 2002
We construct a simple model where political elites may block technological and institutional development, because of a ‘political replacement effect.’ Innovations often erode elites’ incumbency advantage, increasing the likelihood that they will be replaced. Fearing replacement, political...
Persistent link: https://www.econbiz.de/10005124137
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Learning on the Quick and Cheap: Gains from Trade Through Imported Expertise
Markusen, James R.; Rutherford, Tom - C.E.P.R. Discussion Papers - 2004
Gains from productivity and knowledge transmission arising from the presence of foreign firms has received a good deal of empirical attention, but micro-foundations for this mechanism are weak. Here we focus on production by foreign experts who may train domestic unskilled workers who work with...
Persistent link: https://www.econbiz.de/10005124316
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Financial Institutions and the Wealth of Nations: Tales of Development
Tong, Jian; Xu, Cheng-Gang - C.E.P.R. Discussion Papers - 2004
institutions in selecting R&D projects (including both imitation and innovation). Financial development is regarded as the … effective for innovation. This regime, however, requires more decentralized decision-making, which in turn depends on contract …
Persistent link: https://www.econbiz.de/10005124401
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Genetic Diversity and the Origins of Cultural Fragmentation
Ashraf, Quamrul; Galor, Oded - C.E.P.R. Discussion Papers - 2013
Despite the importance attributed to the e¤ects of diversity on the stability and prosperity of nations, the origins of the uneven distribution of ethnic and cultural fragmentation across countries have been underexplored. Building on the role of deeply-rooted biogeographical forces in...
Persistent link: https://www.econbiz.de/10011084190
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Accounting for Cross-Country Income Differences
Caselli, Francesco - C.E.P.R. Discussion Papers - 2004
Why are some countries so much richer than others? Development Accounting is a first-pass attempt at organizing the answer around two proximate determinants: factors of production and efficiency. It answers the question ‘how much of the cross-country income variance can be attributed to...
Persistent link: https://www.econbiz.de/10005662006
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Culture, Institutions and the Wealth of nations
Gorodnichenko, Yuriy; Roland, Gérard - C.E.P.R. Discussion Papers - 2010
-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with … innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal …
Persistent link: https://www.econbiz.de/10008642886