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 …

disease, on human capital investment decisions and income growth. This research is particularly relevant to Sub-Saharan Africa … given the dramatic reduction in life expectancy due to HIV/AIDS and the potential lasting effects on growth. Our results … indicate that as life expectancy shortens so does schooling inducing a lower growth rate of income. These relationships are …

changes, in the sense that the good done to growth by rising remittances is not as great as the bad done by falling …

We set up a unified growth model capturing the transition of a primitive and egalitarian hunter-gatherer society, into … human capital productivity and pushing the economy to sustained growth: an industrial revolution. Allowing also for a …

sub-Saharan Africa. By widening the scope from most- to least-developed transition economies, the study establishes the … institutions also influences economic growth and the ability of a country to attract trade and foreign direct investment …

information and communication technology (ICT) on output growth. Following Yorukoglu’s (1998) vintage capital idea, in which ICT … doing effects. In terms of growth contribution we find that ICT have an impact disproportionately wide compared to the share …

This paper investigates the importance that market regulation and financial imperfections have on …rm growth. We … a weak financial market (finance effect), the strictness of product and labor market regulations also affect firm growth … (labor effect). In particular, we show that the stricter the rules the more detrimental the influence on growth in sectoral …

growth and business cycles interdependent? Second, is money neutral even in the long run? Using data from the United States …-run money neutrality hypothesis. The results suggest that counter- cyclical growth models best capture the main channel of … influence between cycles and growth. A policy implication is that, if money affects the cycle, it is not neutral even in the …

This empirical note uses publicly available Goskomstat data to investigate income growth and convergence across Russian … be converging among themselves, while growth experiences among other regions have been highly heterogeneous. …