Showing 1 - 10 of 82
institutions does not hold. SSA countries appear to face very specific development problems. Given their geographic and economic …
Persistent link: https://www.econbiz.de/10010886842
I reconsider the primacy of institutions over geography as an explanatory factor of cross-country differences in economic performance, which has recently been postulated by Acemoglu et al. (2001) and others. My estimates show that the reported missing direct performance effects of a measure of...
Persistent link: https://www.econbiz.de/10005076113
The Grand Transition (GT) view claims that economic development is causal to institutional development, and that many … institutional changes can be understood as transitions occurring at roughly the same level (zones) of development. The Primacy of … Institutions (PoI) view claims that economic development is a consequence of an exogenous selection of institutions. Our survey of …
Persistent link: https://www.econbiz.de/10005566215
This paper provides an account of the evolution of poverty and inequality during adjustment in Bolivia, covering the … correlation between the two variables is rather low in international perspective. Urban inequality as measured by the Gini …
Persistent link: https://www.econbiz.de/10005818839
We suggest a new way to quantify the growth effects of capital mobility. We find that for reasonable parameter values, capital mobility has a large impact on income growth.
Persistent link: https://www.econbiz.de/10010955648
This paper empirically tests the effect of financial knowledge spillovers on agglomeration in China's financial services industry and examines the external effects on cities' economies. The authors apply hierarchical linear modeling to examine a data set that comprises 276 Chinese cities and...
Persistent link: https://www.econbiz.de/10010956148
factors in the growth and increasing wage inequality in an advanced economy (the UK) since 1979. Calibration of a model to … for both growth and inequality. Calibrated TFP growth is consistent with the results from nonparametric growth accounting … more problems to modelling inequality than with growth: in particular, the main models in the literature, which take skill …
Persistent link: https://www.econbiz.de/10009395928
This paper addresses the poor economic performance of Eastern Europe in the 1990s and the future development potential …
Persistent link: https://www.econbiz.de/10009276484
We estimate the relative roles of factor inputs and productivity in explaining the level of economic development, which …
Persistent link: https://www.econbiz.de/10009276754
This paper is a preliminary appraisal ofthe stylised facts and the major open questions - both methodological and Substantive - that have emerged in the empirical literature on international per-capita income and productivity convergence. On basis of various distinctivc lines of reasoning, it is...
Persistent link: https://www.econbiz.de/10009277800