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Montenegro, Alvaro - EconWPA - 2004

There is no consensus about which variables, apart from income per capita, serve to characterize or define economic development, or guide its teaching. This paper proposes a simple and operational definition that combines the level of income per capita and the distribution of income. An economic...

Persistent link: https://www.econbiz.de/10005118764

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

Dynamics of Income Distribution

Li, Hongyi; Xie, Danyang; Zou, Heng-fu - EconWPA - 2002

In this paper, we have obtained closed-form solutions in Cass-Koopmans growth models with heterogeneous agents. The relationship between the form of production function and the dynamics of income distribution is made explicit. We then use this relationship to determine what production structure...

Persistent link: https://www.econbiz.de/10005125654

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

Early Starts, Reversals and Catchup in The Process of Economic Development

Chanda, Areendam; Putterman, Louis - EconWPA - 2004

Early states like China, India, Italy and Greece have been experiencing more rapid economic growth in recent decades than have later-comers to agriculture and statehood like New Guinea, the Congo, and Uruguay. We show that more rapid growth by early starters has been the norm in economic...

Persistent link: https://www.econbiz.de/10005118750

Slavery, Institutional Development, and Long-Run Growth in Africa, 1400--2000

Nunn, Nathan - EconWPA - 2004

Can Africa's current state of under-development be partially attributed to the large trade in slaves that occurred … Africa between 1400 and 1913. I find the number of slaves exported from a country to be an important determinant of economic …

Persistent link: https://www.econbiz.de/10005556428

Trade liberalisation under the Doha Development Agenda Options and consequences for Africa

Achterbosch, Tom; Hammouda, Hakim Ben; Osakwe, Patrick; … - EconWPA - 2004

the WTO for Africa using a framework that explicitly incorporates issues of concern to the region, such as preference … on economic welfare and specialisation in Africa. In the static version of the GTAP model, the study finds that full … African region. Sub-Saharan Africa and, to a lesser extent, Southern Africa, are vulnerable to partial trade reforms as they …

Persistent link: https://www.econbiz.de/10005556452

Regional Trade Integration in East Africa: Trade and Revenue Impacts of the Planned East African Community Customs Union

Castro, Lucio - EconWPA - 2005

The paper provides empirical estimates for import and revenue implications that would follow implementation of the planned customs union between the East African Community member states Kenya, Tanzania, and Uganda. We use 2002 trade and trade policy data for the three countries to simulate the...

Persistent link: https://www.econbiz.de/10005556453

The Anatomy of Emerging African Capitalist States

Stambuli, Kalonga - EconWPA - 2002

The author argues that the doctrine of state supremacy in Africa suffered a crushing defeat at the hands of the …

Persistent link: https://www.econbiz.de/10005561041

THE WORLD ECONOMIES AND DEVELOPMENT GOALS

NWAOBI, DR. GODWIN CHUKWUDUM - EconWPA - 2004

DEVELOPMENT IS THE MOST IMPORTANT CHALLENGE FACING THE HUMAN RACE BUT THE PROCESSES DRIVING ECONOMIC DEVELOPMENT ARE BY NO MEANS FULLY UNDERSTOOD. HOWEVER, THE CORE CHALLENGE FOR DEVELOPMENT IS TO ENSURE PRODUCTIVE WORK AND A BETTER QUALITY OF LIFE FOR ALL THE PEOPLE OF THE WORLD. THIS CHALLENGE...

Persistent link: https://www.econbiz.de/10005125934

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