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This research develops a unified growth theory that captures the transition from the domination of geographical factors … associated with inequality adversely affected the emergence of institutions that promote human capital accumulation. The research … agrarian to an industrial economy generating diverging growth patterns across countries. Furthermore, the qualitative change in …
Persistent link: https://www.econbiz.de/10005125614
distribution of land ownership, adversely affected the implementation of human capital promoting institutions (e.g., public …
Persistent link: https://www.econbiz.de/10005062436
insufficient to support their income levels and/or growth path, namely they experience a 'governance deficit', which can be …
Persistent link: https://www.econbiz.de/10005126032
prediction that political liberalization could discourage trade and trade could foster democracy. …
Persistent link: https://www.econbiz.de/10005556478
We use a set of established growth models, which simultaneously include human capital and R&D, to show that the effect … differences in growth paths and development levels across countries, accounting for the main features of economic development of …
Persistent link: https://www.econbiz.de/10005407750
distribution of land ownership, adversely affected the implementation of human capital promoting institutions (e.g., public …
Persistent link: https://www.econbiz.de/10005408243
East Asian growth experience. This explains why some observers have called the trade regimes of Korea and Taiwan in the … Washington Consensus doctrine. The new mantra from the Washington Consensus Mark 2 is “get the institutions right.” The danger is … that an elastic definition of the term “institutions” will render the current mantra intellectually vacuous. 3. While …
Persistent link: https://www.econbiz.de/10005556001
East Asian growth experience. This explains why some observers have called the trade regimes of Korea and Taiwan in the … Washington Consensus doctrine. The new mantra from the Washington Consensus Mark 2 is “get the institutions right.” The danger is … that an elastic definition of the term “institutions” will render the current mantra intellectually vacuous. 3. While …
Persistent link: https://www.econbiz.de/10005118852
This research develops an evolutionary growth theory that captures the intricate time path of life expectancy in the …
Persistent link: https://www.econbiz.de/10005125645
This paper surveys research on social capital. We explore the concepts that motivate the social capital literature, efforts to formally model social capital using economic theory, the econometrics of social capital, and empirical studies of the role of social capital in various socioeconomic...
Persistent link: https://www.econbiz.de/10005062449