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Information, Coordination, and the Industrialization of Countries
Englmaier, Florian; Reisinger, Markus - CESifo - 2006
The industrialization process of a country is often plagued by a failure to coordinate investment decisions. Using the … possible problems with overreaction to public information. Furthermore, we suggest a new focus for development policy. …
Persistent link: https://www.econbiz.de/10005094193
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Feeling the Heat: Temperature, Physiology & the Wealth of Nations
Heal, Geoffrey; Park, Jisung - CESifo - 2014
social welfare has important implications for both the economics of climate change and comparative development. …
Persistent link: https://www.econbiz.de/10010747215
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Subjective Well-Being, Income, Economic Development and Growth
Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - CESifo - 2010
We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...
Persistent link: https://www.econbiz.de/10008671708
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Can General Purpose Technology Theory Explain Economic Growth? Electrical Power as a Case Study
Ristuccia, Cristiano Andrea; Solomou, Solomos - CESifo - 2014
Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in …, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …
Persistent link: https://www.econbiz.de/10010748306
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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
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The Political Economy of Educational Content and Development: Lessons from History
Cantoni, Davide; Yuchtman, Noam - CESifo - 2013
Beyond years of schooling, educational content can play an important role in the process of economic development …
Persistent link: https://www.econbiz.de/10010643339
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When is a State Predatory?
Robinson, James A. - CESifo - 1999
I argue that whether or not a state is "predatory" hinges on the relationship between development and the distribution … of political power in society. Development is typically inconsistent with the preservation of the political status quo …
Persistent link: https://www.econbiz.de/10005094304
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The Growth Effect of Democracy: Is it Heterogenous and how can it be Estimated?
Persson, Torsten; Tabellini, Guido - CESifo - 2007
We estimate the effect of political regime transitions on growth with semi-parametric methods, combining difference in differences with matching, that have not been used in macroeconomic settings. Our semi-parametric estimates suggest that previous parametric estimates may have seriously...
Persistent link: https://www.econbiz.de/10005181259
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The Political Economy of Corruption and the Role of Financial Institutions
Boerner, Kira; Hainz, Christa - CESifo - 2004
In transition and developing countries, we observe rather high levels of corruption even if they have democratic political systems. This is surprising from a political economy perspective, as the majority of people generally suffers from high corruption levels. Our model is based on the fact...
Persistent link: https://www.econbiz.de/10005181428
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Who’s Afraid of Foreign Aid? The Donors’ Perspective
Chong, Alberto; Gradstein, Mark - CESifo - 2006
With efforts across the industrial countries to increase the amount of foreign aid mounting, it is important to understand its determinants. This paper examines the factors affecting the support for foreign aid among voters in donor countries. A simple theoretical model, which considers an...
Persistent link: https://www.econbiz.de/10005181565