Showing 1 - 10 of 11
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/10005292812
We investigate the Ramsey-like dynamics of nonrenewable resource abundance on economic growth and welfare in a two country world. One country is endowed with a non-renewable- resource Otherwise, countries are identical. The one country result of Rodríguez and Sachs (1999) that the initial stock...
Persistent link: https://www.econbiz.de/10005650465
The political and economic impact of country size has been a frequently discussed issue in social science. In accordance with the general hypothesis of Montesquieu, this paper demonstrates that there is a robust negative relationship between the size of country territory and a measure of the...
Persistent link: https://www.econbiz.de/10005650472
This paper shows that whether natural resources are good or bad for a country’s development crucially depends on the …
Persistent link: https://www.econbiz.de/10005650476
The focus of this paper is on the rural poor of south Asia and their struggle to cope with the seasonal risk of unemployment and the ensuing income risks. In the absence of formal credit or insurance markets the rural poor typically resort to, among other options, the following informal...
Persistent link: https://www.econbiz.de/10005650496
economic growth and development. In particular, this paper focuses on how such remittances have been able to spur development …) tracing the contribution of remittances to countryside development, and (d) relationship between worker remittances and … ways where these resources can be harnessed into funding development needs of the country. …
Persistent link: https://www.econbiz.de/10005650499
resource measures and conclude that some resources certainly seem to influence institutional development, but that this is …
Persistent link: https://www.econbiz.de/10011123969
We use the establishment of Special Economic Zones in China to estimate the effect of economic reforms on GDP. A panel of 270 Chinese cities from 1988 to 2010 allows us to exploit the variation in the establishment of zones across time and space. The results from our baseline...
Persistent link: https://www.econbiz.de/10011124054
This paper proposes a new mechanism based on the allocation of labor to help understand why differences among countries have remained stable. We formulate a neoclassical growth model in which agents devote time either to produce or to commit predation. Labor share is the key variable which...
Persistent link: https://www.econbiz.de/10011124060
The agricultural transition, the demographic transition and the democratic transition explain the development paths of … approaches for identifying causality in development. …
Persistent link: https://www.econbiz.de/10011124080