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Development thinking at the beginning of the 21st century
Sen, Amartya - London School of Economics (LSE) - 1997
There has been a shift, in recent years, in the understanding of the process of development. It is not a switch (as often portrayed) from a state-dependent view of development to a market-reliant view. Rather, it involves rejecting a "blood, sweat and tears" view of development in favour of...
Persistent link: https://www.econbiz.de/10010884495
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Economic geography and international inequality
Redding, Stephen; Venables, Anthony J. - London School of Economics (LSE) - 2001
This paper estimates a structural model of economic geography using cross-country data on per capita income, bilateral trade, and the relative price of manufacturing goods. More than 70% of the variation in per capita income can be explained by the geography of access to markets and to sources...
Persistent link: https://www.econbiz.de/10010884566
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What's the point of a development strategy?
Sen, Amartya - London School of Economics (LSE) - 1997
Standard indicators of economic success leave out many aspects of development that are crucial to the well-being and freedom of citizens. We have to examine critically the ends as well as the means involved in development strategies. The impact of public education, health care, social security,...
Persistent link: https://www.econbiz.de/10010744925
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Explaining cross-country export performance: international linkages and internal geography
Redding, Stephen; Venables, Tony - London School of Economics (LSE) - 2002
international product market linkages. We begin with a novel decomposition of the growth in countries’ exports into the contribution …
Persistent link: https://www.econbiz.de/10010745712
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A gold rush theory of economic development
Ossa, Ralph - London School of Economics (LSE) - 2006
This paper presents a model of social learning about the suitability of local conditions for new business ventures and explores its implications for the microeconomic patterns of economic development. I show that: i) firms tend to ‘rush’ into business ventures with which other firms have had...
Persistent link: https://www.econbiz.de/10010746128
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Did the national minimum wage affect UK prices?
Wadsworth, Jonathan - London School of Economics (LSE) - 2009
wage workers could have passed on any higher labour costs resulting from the minimum wage in the form of higher prices …. This study looks at the effects of the minimum wage on the prices of UK goods and services by comparing prices of goods … produced by industries in which UK minimum wage workers make up a substantial share of total costs with prices of goods and …
Persistent link: https://www.econbiz.de/10010884638
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WAGES AND HOUSE PRICES: CROSS-SECTION EVIDENCE
BLANCHFLOWER, D.; OSWALD, A. - London School of Economics (LSE) - 1989
Persistent link: https://www.econbiz.de/10005776300
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Designing carbon markets, part I: carbon markets in time
Fankhauser, Samuel; Hepburn, Cameron - London School of Economics (LSE) - 2010
This paper analyses the design of carbon markets in time (i.e., intertemporally). It is part of a twin set of papers that ask, starting from first principles, what an optimal global carbon market would look like by around 2030. Our focus is on firm-level cap-and-trade systems, although much of...
Persistent link: https://www.econbiz.de/10011126649
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Hayek on the wisdom of prices: a reassessment
Bronk, Richard - London School of Economics (LSE) - 2013
models. The recent financial crisis, however, shows that market prices can give very misleading signals for long periods, and … asymmetries and market power in distorting the wisdom of prices. …
Persistent link: https://www.econbiz.de/10011071336
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DEMAND AND EMPLOYMENT.
NICKELL, S.; KONG, P. - London School of Economics (LSE) - 1989
Persistent link: https://www.econbiz.de/10005661287