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Energy Consumption and Economic Growth Revisited in African Countries
Eggoh, Jude C.; Bangaké, Chrysost; Rault, Christophe - CESifo - 2011
The aim of this paper is to provide new empirical evidence on the relationship between energy consumption and economic growth for 21 African countries over the period from 1970 to 2006, using recently developed panel cointegration and causality tests. The countries are divided into two groups:...
Persistent link: https://www.econbiz.de/10009320785
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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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Economic Growth in Africa: Comparing Recent Improvements with the "lost 1980s and early 1990s" and Estimating New Growth Trends
Leibfritz, Willi; Flaig, Gebhard - CESifo - 2013
In the first part of the paper we look at economic growth in Africa over the past three decades. We divide the past …. During the first period, Africa did not catch up but lost ground, Africa’s average per capita income declined. Since the mid … growth rates for Africa and several individual countries. We use the Hodrick-Prescott filter with different values for the …
Persistent link: https://www.econbiz.de/10010641423
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Fiscal Policy During Business Cycles in Developing Countries: The Case of Africa
Leibfritz, Willi; Rottmann, Horst - CESifo - 2013
procyclicality Africa’s resilience against external shocks improved. This also helped to better cope with the Great Recession of 2009. …
Persistent link: https://www.econbiz.de/10010718528
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Mobilizing VAT Revenues in African Countries
Cnossen, Sijbren - CESifo - 2014
Several African countries have to increase their tax revenues to finance human and economic development. General consumption taxes, such as VATs, are the preferred instrument for doing so, because they are less detrimental to growth than income taxes. To enable their use, VAT design has to be...
Persistent link: https://www.econbiz.de/10011093981
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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
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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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Economic Challenges in the Anthropocene
Musu, Ignazio - CESifo - 2013
The evolution during the Anthropocene is analyzed through the interaction between economic and technological development, characterized by the role of fossil fuels and by the progressive dominance of those with a higher energy and density power. The challenge is how to make the rising demand for...
Persistent link: https://www.econbiz.de/10010877706
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Do Natural Disasters Enhance Societal Trust?
Toya, Hideki; Skidmore, Mark - CESifo - 2012
In this paper we investigate the long- and short-run relationships between disasters and societal trust. A growing body research suggests that factors such as income inequality, ethnic fractionalization, and religious heritage are important determinants of social capital in general, and trust in...
Persistent link: https://www.econbiz.de/10010877834
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Regional Inequality, Convergence, and its Determinants - A View from Outer Space
Lessmann, Christian; Seidel, André - CESifo - 2015
This paper provides a new data set of regional income inequalities within countries based on satellite nighttime light data. We first empirically study the relationship between luminosity data and regional incomes for those countries where regional income data are available. We subsequently use...
Persistent link: https://www.econbiz.de/10011272626