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The Agricultural Origins of Time Preference

Galor, Oded; Özak, Ömer - CESifo - 2015

This research explores the origins of the distribution of time preference across regions. It advances the hypothesis, and establishes empirically that geographical variations in the natural return to agricultural investment have had a persistent effect on the distribution of time preference...

Persistent link: https://www.econbiz.de/10011167137

Reducing Tariffs according to WTO Accession Rules: The Case of Vietnam

Fosse, Henrik Barslund; Raimondos-Møller, Pascalis - CESifo - 2011

When Vietnam entered WTO in 2007 it was granted an accession period up to 2014. During this period tariffs would have … Vietnam has many state-owned enterprises that do not behave in a profit maximizing way. The model simulations show that the … of income will take place among the poor rural households in Vietnam. We propose other tariff reforms that both raise …

Persistent link: https://www.econbiz.de/10009367392

Growth, Foreign Direct Investment and Urban Concentrations: Unbundling Spatial Lags

Poelhekke, Steven; Ploeg, Frederick Van der - CESifo - 2008

Cross-country regressions suggest that urbanization and FDI are important drivers of growth. However, it is not clear that primacy eventually hurts growth performance. Since it is tough to interpret cross-country growth regressions, we provide detailed evidence on the determinants of outward FDI...

Persistent link: https://www.econbiz.de/10005765950

The Trade and FDI Effects of EMU Enlargement

Brouwer, Jelle; Paap, Richard; Viaene, Jean-Marie - CESifo - 2007

This paper considers the nature and the distribution of trade and FDI effects of a potential enlargement of the European Monetary Union (EMU) to the ten countries that obtained EU membership in 2004. One-way and two-way error component gravity models are estimated using a dataset of unbalanced...

Persistent link: https://www.econbiz.de/10005406034

Property Rights, Optimal Public Enforcement, and Growth

Irmen, Andreas; Kuehnel, Johanna - CESifo - 2011

We study the link between public enforcement of property rights, innovation investments, and economic growth in an endogenous growth framework with an expanding set of product varieties. We find that a government may assure positive equilibrium growth through public employment in the enforcement...

Persistent link: https://www.econbiz.de/10009386354

Does Culture Cause Economic Development? A Reassessment of the Evidence from European Regions

Edwards, Jeremy - CESifo - 2012

This paper shows that Tabellini’s recent claim to have provided evidence that culture has a causal effect on economic development is unjustified. Tabellini’s claim is based on an instrumental variables analysis in which two instruments are used to identify the supposed causal effect. One of...

Persistent link: https://www.econbiz.de/10010595383

The Historical Roots of Corruption and Economic Development in Italy

Petrarca, Ilaria; Ricciuti, Roberto - CESifo - 2013

We claim that a sequential mechanism linking history to development exists: first, history defines the quality of social capital; then, social capital determines the level of corruption; finally, corruption affects economic performance. We test this hypothesis on a dataset of Italian provinces,...

Persistent link: https://www.econbiz.de/10010641421

The Impact of Financial Market Frictions on Trade Flows, Capital Flows and Economic Development

Bougheas, Spiros; Falvey, Rod - CESifo - 2011

We introduce financial frictions in a two sector model of international trade with heterogeneous agents. The level of specialization in the economy (economic development) depends on the quality of financial institutions. Underdeveloped financial markets prohibit an economy to specialize in...

Persistent link: https://www.econbiz.de/10008833896

The Trade-off between Intra- and Intergenerational Equity in Climate Policy

Kverndokk, Snorre; Nævdal, Eric; Nøstbakken, Linda - CESifo - 2013

This paper focuses on two equity dimensions of climate policy, intra- and intergenerational, and analyzes the implications of equity preferences on climate policy, and on the production and consumption patterns in rich and poor countries. We develop a dynamic two-region model, in which each...

Persistent link: https://www.econbiz.de/10010877658

Development versus Legacy: The Relative Role of Development and Historical Legacies in Achieving Gender Equality

Dilli, Selin; Rijpma, Auke; Carmichael, Sarah - CESifo - 2013

Economic development is often held to be beneficial for gender equality. However, there is good reason to believe that long lasting institutions like religion, legal traditions, and family practices, also matter. This paper provides an empirical assessment of the relative importance of...

Persistent link: https://www.econbiz.de/10010877691

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