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Mortality Rate and Property Rights in a Model with Human Capital and R&D
Sequeira, Tiago - EconWPA - 2004
the industrialized world in the last two centuries. Then, we explicitly compare the two types of expropriation (mortality …
Persistent link: https://www.econbiz.de/10005407750
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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
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The contribution of business services to aggregate productivity growth
Kox, Henk L.M. - EconWPA - 2004
. The business services industry has an important role in the national innovation system and in knowledge spillovers to … other industries. The innovation contribution of business services to the rest of the economy may countervail the effect of …
Persistent link: https://www.econbiz.de/10005412877
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Ideas for Growth?
Maré, David. C. - EconWPA - 2004
There is much talk of the knowledge economy, and the central role of ideas and knowledge in generating economic growth. This paper provides a brief review of the economic literature on how skills/ knowledge/ ideas might contribute to higher output or higher rates of growth. Ideas are...
Persistent link: https://www.econbiz.de/10005118849
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INCOME CONVERGENCE DURING THE DISINTEGRATION OF THE WORLD ECONOMY 1919-39
Milanovic, Branko - EconWPA - 2003
Some economists have argued that the process of disintegration of the world economy between the two World Wars led to …
Persistent link: https://www.econbiz.de/10005076560
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The Ricardian Vice: Why Sala-i-Martin’s calculations of world income inequality are wrong
Milanovic, Branko - EconWPA - 2003
The paper discusses recent world income inequality calculations by Sala- i-Martin. It shows that the two main problems … of income augmented by a constant shift parameter and not a distribution of income among world citizens. …
Persistent link: https://www.econbiz.de/10005134630
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THE TWO FACES OF GLOBALIZATION: AGAINST GLOBALIZATION AS WE KNOW IT
Milanovic, Branko - EconWPA - 2003
The paper shows that the current view of globalization as an automatic and benign force is flawed: it focuses on only … one, positive, face of globalization while entirely neglecting a malignant one. The two key historical episodes that are … adduced by the supporters of the “globalization as it is” (the Halcyon days of the 1870-1913, and the record of the last two …
Persistent link: https://www.econbiz.de/10005118746
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Housing and Economic Adjustment
Grimes, Arthur; Kerr, Suzi; Aitken, Andrew - EconWPA - 2003
Housing is the most important component of wealth for many New Zealanders. Its location is fixed and its value is influenced by economic and other factors specific to that location. Hence when people live in owner-occupied homes their wealth is strongly associated with their local economic...
Persistent link: https://www.econbiz.de/10005119012
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An approach to bank insolvency in transition and emerging economies
Mayes, David G. - EconWPA - 2004
In the light of the inequity of the way losses from bank insolvencies and their avoidance through intervention by the authorities have been distributed over creditors, depositors, owners and the population at large in transition and emerging economies, this paper explores a number of regulatory...
Persistent link: https://www.econbiz.de/10005134654
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Collateral-Based Lending in Emerging Markets: Evidence from Thailand
Menkhoff, Lukas; Neuberger, Doris; Suwanaporn, Chodechai - EconWPA - 2005
This paper examines the role and determinants of collateral in emerging markets compared to mature ones. Analyzing a data set of 560 credit files of Thai commercial banks, we find that both the incidence and degree of collateralization are higher there than in developed markets. Thai banks use...
Persistent link: https://www.econbiz.de/10005134744