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Institutional Explanations of Economic Development: the Role of Precious Metals

Papyrakis, Elissaios; Gerlagh, Reyer - Fondazione ENI Enrico Mattei (FEEM) - 2005

in former European colonies. Where European colonizers settled, they replicated the investment-conducive institutions … the formation of institutions. We find the presence of precious metals, gold and silver, to imply an increase in …

Persistent link: https://www.econbiz.de/10005385335

Tourism and Development: A Recent Phenomenon Built on Old (Institutional) Roots?

Pigliaru, Francesco; Brau, Rinaldo; Liberto, Adriana Di - Fondazione ENI Enrico Mattei (FEEM) - 2010

this paper we frame our starting question within the general debate about the importance of good/bad institutions as … are in fact driven by the presence of growth enhancing institutions. Our empirical analysis exploits newly available … institutions is important for growth. Yet our results strongly suggest that the weight of tourism in an economy is an independent …

Persistent link: https://www.econbiz.de/10008489588

Trade and Geography in the Economic Origins of Islam: Theory and Evidence

Michalopoulos, Stelios; Naghavi, Alireza; Prarolo, Giovanni - Fondazione ENI Enrico Mattei (FEEM) - 2010

This research examines the economic origins of Islam and uncovers two empirical regularities. First, Muslim countries, virtual countries and ethnic groups, exhibit highly unequal regional agricultural endowments. Second, Muslim adherence is systematically larger along the pre-Islamic trade...

Persistent link: https://www.econbiz.de/10008465532

Energy-Based Economic Development: Mapping the Developing Country Context

Carley, Sanya; Desai, Sameeksha; Bazilian, Morgan - Fondazione ENI Enrico Mattei (FEEM) - 2012

Energy-based economic development (EBED) can provide economic, social and environmental benefits related to national economic development and sustainable growth activities. As both policy and research interests in responsible mechanisms for economic development grow, EBED benefits are becoming...

Persistent link: https://www.econbiz.de/10010541203

The Empirics of Social Capital and Economic Development: A Critical Perspective

Sabatini, Fabio - Fondazione ENI Enrico Mattei (FEEM) - 2006

This paper provides an introduction to the concept of social capital, and carries out a critical review of the empirical literature on social capital and economic development. The survey points out six main weaknesses affecting the empirics of social capital. Identified weaknesses are then used...

Persistent link: https://www.econbiz.de/10005230901

Divide and Conquer: Noisy Communication in Networks, Power, and Wealth Distribution

Perez, Wilson - Fondazione ENI Enrico Mattei (FEEM) - 2004

In a society composed of a ruler and its citizens: what are the determinants of the political equilibrium between these two? This paper approaches this problem as a game played between a ruler who has to decide the distribution of the aggregate income and a group of agents/citizens who have the...

Persistent link: https://www.econbiz.de/10005385474

Oil Revenues, Ethnic Fragmentation and Political Transition of Authoritarian Regimes

Cologni, Alessandro; Manera, Matteo - Fondazione ENI Enrico Mattei (FEEM) - 2012

Natural resources are generally associated to negative effects on the political environment of a country. This paper explores the impact that oil revenues have on the establishment of a given political system. Based on previous literature, a political economy perspective is employed. A simple...

Persistent link: https://www.econbiz.de/10010541202

River Sharing and Water Trade

Ansink, Erik; Gengenbach, Michael; Weikard, Hans-Peter - Fondazione ENI Enrico Mattei (FEEM) - 2012

We analyse river sharing games in which a set of agents located along a river shares the available water. Using coalition theory, we find that the potential benefits of water trade may not be sufficient to make all agents in the river cooperate and acknowledge property rights as a prerequisite...

Persistent link: https://www.econbiz.de/10010541206

The Grand Experiment of Communism: Discovering the Trade-off between Equality and Efficiency

Farvaque, Etienne; Mihailov, Alexander; Naghavi, Alireza - Fondazione ENI Enrico Mattei (FEEM) - 2011

This paper aims to explain the rise and fall of communism by exploring the interplay between economic incentives and social preferences in different economic systems. We introduce inequality-averse and inefficiency-averse agents responding to economic incentives and transmitting their ideology...

Persistent link: https://www.econbiz.de/10009320986

Building Up Social Capital in a Changing World: A Network Approach

Vega-Redondo, Fernando - Fondazione ENI Enrico Mattei (FEEM) - 2003

This paper models the dynamic process through which a large society may succeed in building up its “social capital” by establishing a stable and dense pattern of interaction among its members. In the model, agents interact according to a collection of infinitely repeated Prisoner’s...

Persistent link: https://www.econbiz.de/10005423105

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