Showing 1 - 10 of 10
Using novel measures of technology diffusion and adoption developed by Comin and Hobijn (2012), we examine the role of finance in the timing of adoption and the diffusion of thirteen sectoral technologies in 44 Sub-Saharan Africa countries. These technologies cover sectors such as agriculture,...
Persistent link: https://www.econbiz.de/10010940469
This paper investigates the causes and consequences of colonial Africa’s first financial crash, which happened in South Africa’s Dutch Cape Colony. The 1788–1793 crisis followed a common sequence of events: trade and fiscal deficits were monetized by printing money, credit...
Persistent link: https://www.econbiz.de/10011265449
Most emerging market economies (EMEs) which have implemented inflation targeting (IT) have continued to experience large, frequent and sometimes persistent inflation target misses. At the same time these countries had reformed their institutional structures when implementing IT. In this paper we...
Persistent link: https://www.econbiz.de/10009320385
This study examines the relationship between property rights, defined by land tenure security and the strength of local …-level institutions, and household demand for fuel wood, as measured by the source from which fuel wood is collected. A multinomial … active local-level institutions increase household dependency on open access forests, while land security reduces open access …
Persistent link: https://www.econbiz.de/10009320812
and the various property rights indices suggests that, in the Malawian case, lack of political freedom is associated with … lack of economic freedom and security. However, our property rights indices correlate poorly with an index based on de … facto property rights. This suggests that despite the governmentÂ’s legal power to abrogate property rights, these rights …
Persistent link: https://www.econbiz.de/10008563330
mechanisms for mainstreaming biodiversity conservation in bioregions. Institutions are singled out as one important class of … socio-economic arrangements directly associated with economic incentives. Institutions are thus likely to be a major …
Persistent link: https://www.econbiz.de/10008563344
This paper investigates the channels through which colonial origin affects economic outcomes in sub-Saharan Africa (SSA). It focuses on four key channels of transmission namely, human capital, trade openness, market distortion and selection bias. In contrast with previous studies where only...
Persistent link: https://www.econbiz.de/10008516088
This paper presents new institutional measures for Zambia. Coverage is of political rights and freedoms, of property …
Persistent link: https://www.econbiz.de/10008876349
growth model using human capital, population growth, property rights, and political rights, share of mineral exports to total … mineral exports to total exports, property rights and political rights are important determinants of economic growth. Of major … realize economic gains from these endowments. Keywords: Mineral resources, institutions, economic growth and OLS estimation …
Persistent link: https://www.econbiz.de/10011165821
This paper analyzes the eect of the average level of intelligence on different measures of the quality of institutions … determinants of institutional quality. It follows that countries with higher IQ levels enjoy institutions of better quality than … more intelligent populations that build better institutions and some other countries with less intelligent populations that …
Persistent link: https://www.econbiz.de/10010568131