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We test the effect of local geographic endowment of capital on household growth in living standards in rural Peru, using a four years unbalanced panel data set. Our theoretical model of household consumption growth allows for the effect of community variables to modify the returns to augmented...
Persistent link: https://www.econbiz.de/10005094520
(english) It is not known to what extent welfare measures result from seasonal and geographical price differences rather than from differences in living standards across households. Using data from Rwanda in 1983, we show that the change in mean living standard indicators caused by local and...
Persistent link: https://www.econbiz.de/10005094524
(english) Since the 1994 devaluation, growth has been quite strong in Mali (about 5% p.a. on average), but much weaker in terms of GDP per person (about 2.6% p.a.) due to a very high index of fecundity. Growth is still very unstable, due to a large share of agriculture in GDP and very sensitive...
Persistent link: https://www.econbiz.de/10005094534