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Mortality Rate and Property Rights in a Model with Human Capital and R&D
Sequeira, Tiago - EconWPA - 2004
We use a set of established growth models, which simultaneously include human capital and R&D, to show that the effect of mortality rate in human capital accumulation is quantitatively more important than the effect of perfectly guaranteed patents on research. First, we show that the effect of...
Persistent link: https://www.econbiz.de/10005407750
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Inequality, Growth, and Overtaking
Sugimoto, Yoshiaki - EconWPA - 2005
This research develops a theory about the role of within-country income inequality leading to overtaking in economic performance among countries. The theory captures two opposing effects of inequality on factor accumulation and suggests that the qualitative change in their combined effect is a...
Persistent link: https://www.econbiz.de/10005556070
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Productive Development Policies in Latin America and the Caribbean: The Case of Mexico
Baz, Veronica; Capelo, Maria Cristina; Centeno, Rodrigo; … - Inter-American Development Bank - 2010
While Mexico has potential to grow rapidly, its economic growth has remained low for the past three decades. There is no consensus on the country’s development path or on how to achieve specific goals. Since the policy debate remains ideological and lacks pragmatism, productive development...
Persistent link: https://www.econbiz.de/10008752785
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Aid Effectiveness: Politics Matters
Bobba, Matteo; Powell, Andrew - Inter-American Development Bank - 2007
The literature on aid effectiveness has focused more on recipient policies than the determinants of aid allocation yet a consistent result is that political allies obtain more aid from donors than non-allies. This paper shows that aid allocated to political allies is ineffective for growth,...
Persistent link: https://www.econbiz.de/10010653526
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Counting chickens when they hatch: The short-term effect of aid on growth
Clemens, Michael A.; Radelet, Steven; Bhavnani, Rikhil - EconWPA - 2004
recipient's level of income or quality of institutions and policies; we find that short-impact aid causes growth, on average … with stronger institutions or longer life expectancies (better health). We also find a significant negative relationship …
Persistent link: https://www.econbiz.de/10005408143
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THE ECONOMIC CONSEQUENCES OF A WEAK JUDICIARY: INSIGHTS FROM INDIA
Koehling, Wolfgang - EconWPA - 2002
This paper examines the empirical relationship between the quality of the Indian judiciary and the economic development of the Indian States and Union Territories. It evaluates this causality by analysing the development of the state-level per capita income and poverty rates. I define the...
Persistent link: https://www.econbiz.de/10005412513
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EFFICIENCY OF INSTITUTIONS, POLITICAL STABILITY AND INCOME DYNAMICS
Carmignani, Fabrizio - EconWPA - 2005
In a simple theoretical framework, the quality of institutions affects individual’s investment decisions, and hence … income levels and distribution. When institutions deteriorates and inequalities increase, the incumbent undertakes … redistributive taxation to maintain political support. The quality of institutions and the extent of redistribution depend on the …
Persistent link: https://www.econbiz.de/10005412490
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Finance, Technology and Inequality in Economic Development
Horii, Ryo; Ohdoi, Ryoji; Yamamoto, Kazuhiro - EconWPA - 2005
This paper presents an overlapping generations model with technology choice and credit market imperfections, in order to investigate a possible source of underdevelopment. The model shows that a better financial infrastructure that provides stronger enforcement of contracts facilitates the...
Persistent link: https://www.econbiz.de/10005118853
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Is Islam really a development blockade? 12 predictors of development, including membership in the Organization of Islamic Conference, and their influence on 14 indicators of develo...
TAUSCH, Arno - EconWPA - 2005
With all the talk in Europe about “Islam” and “Muslim culture” it is surprising how little hard-core empirical evidence exists on the compatibility of “Muslim culture” with positive patterns of political, social, and ecological development in the world system in the 1980s, 1990s, and...
Persistent link: https://www.econbiz.de/10005125619
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From Stagnation to Growth: Unified Growth Theory
Galor, Oded - EconWPA - 2004
This chapter examines the process of development from an epoch of Malthusian stagnation to a state of sustained economic growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of income per capita, technology, and population over the course...
Persistent link: https://www.econbiz.de/10005062763