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Health and the Evolution of Welfare across Brazilian Municipalities
Soares, Rodrigo R. - Institute for the Study of Labor (IZA) - 2007
This paper describes the pattern of reductions in mortality across Brazilian municipalities between 1970 and 2000, and … expectancy has shifted consistently in the recent past. But reductions in mortality within Brazil have been more homogeneously … in mortality. The results suggest that gains in life expectancy had a welfare value equivalent to 39% of the growth in …
Persistent link: https://www.econbiz.de/10005703518
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Two to Tangle: Financial Development, Political Instability and Economic Growth in Argentina (1896–2000)
Campos, Nauro F.; Karanasos, Menelaos G.; Tan, Bin - Institute for the Study of Labor (IZA) - 2008
This paper investigates the effects of financial development and political instability on economic growth in a power-ARCH framework with data for Argentina from 1896 to 2000. Our findings suggest that (i) informal or unanticipated political instability (e.g., guerrilla warfare) has a direct...
Persistent link: https://www.econbiz.de/10005703824
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Institutions and Development in MENA Region: Evidence from the Manufacturing Sector
Arayssi, Mahmoud; Fakih, Ali - Institute for the Study of Labor (IZA) - 2015
This paper examines the role of institutions (including civil law origin), financial deepening and degree of regime authority on growth rates in the Middle East and North Africa (MENA) region using panel data through a fixed effect model. The results reveal that English civil law origin and the...
Persistent link: https://www.econbiz.de/10011125875
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From Riches to Rags, and Back? Institutional Change, Financial Development and Economic Growth in Argentina since the 1890s
Campos, Nauro F; Karanasos, Menelaos G.; Tan, Bin - Institute for the Study of Labor (IZA) - 2014
Argentina is the only country in the world that was "developed" in 1900 and "developing" in 2000. The various competing explanations highlight, mainly, the roles of trade openness, political institutions, financial integration, financial development, and macroeconomic instability. Yet no study...
Persistent link: https://www.econbiz.de/10011095511
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Financial Development and Economic Growth: Evidence from Ten New EU Members
Caporale, Guglielmo Maria; Rault, Christophe; Sova, Robert - Institute for the Study of Labor (IZA) - 2014
This paper reviews the main features of the banking and financial sector in ten new EU members, and then examines the relationship between financial development and economic growth in these countries by estimating a dynamic panel model over the period 1994-2007. The evidence suggests that the...
Persistent link: https://www.econbiz.de/10011096765
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Financial Development, Environmental Quality, Trade and Economic Growth: What Causes What in MENA Countries
Omri, Anis; Daly, Saida; Rault, Christophe; Chaibi, Anissa - Institute for the Study of Labor (IZA) - 2015
This paper examines the relationship between financial development, CO2 emissions, trade and economic growth using simultaneous-equation panel data models for a panel of 12 MENA countries over the period 1990-2011. Our results indicate that there is evidence of bidirectional causality between...
Persistent link: https://www.econbiz.de/10011195814
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Cross Sections Are History
Easterlin, Richard A. - Institute for the Study of Labor (IZA) - 2013
Although cross section relationships are often taken to indicate causation, and especially the important impact of economic growth on many social phenomena, they may, in fact, merely reflect historical experience, that is, similar leader-follower country patterns for variables that are causally...
Persistent link: https://www.econbiz.de/10010638878
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The Long-Run Effects of Mortality Decline in Developing Countries
Lehmijoki, Ulla; Palokangas, Tapio K. - Institute for the Study of Labor (IZA) - 2011
Since World War II, mortality has declined in the developing world. This paper examines the effects of this mortality … utility through its status. The decline in mortality stimulates investment and generates an income stream which promotes …-seeking is strong, then the decline of mortality decreases population growth below its original level. …
Persistent link: https://www.econbiz.de/10008788725
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Financial Development and the Distribution of Income in Latin America and the Caribbean
Bacarreza, Canavire; Javier, Gustavo; Rioja, Felix - Institute for the Study of Labor (IZA) - 2008
One of the central concerns in Latin America and the Caribbean (LAC) has been the reduction of poverty and inequality so prevalent in the continent. Using large world samples, the literature has found that financial development increases economic growth, increases the income of the poor, and...
Persistent link: https://www.econbiz.de/10005233762
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Credit Constraints as a Barrier to the Entry and Post-Entry Growth of Firms
Scarpetta, Stefano; Aghion, Philippe; Fally, Thibault - Institute for the Study of Labor (IZA) - 2007
Advanced market economies are characterized by a continuous process of creative destruction. Market forces and technological developments play a major role in shaping this process, but institutional and policy settings also influence firms’ decision to enter, to expand if successful and to...
Persistent link: https://www.econbiz.de/10005233782