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remain small. We estimate the parameters of the model using firm-level data for India and the United States. We study the …
Persistent link: https://www.econbiz.de/10012660011
) promotion in India to address this question. For 60 years, SSI promotion in India focused on reserving certain products for …, productivity, and wages of dismantling India's SSI reservations. We exploit variation in the timing of de-reservation across …
Persistent link: https://www.econbiz.de/10012458175
How should industrial policies be directed to reduce distortions and foster economic development? We study this question in a multi-sector model with technology adoption, where the production of goods and modern technologies features rich network structures. We provide simple formulas for the...
Persistent link: https://www.econbiz.de/10014512084
It has been argued that since 2014, under the BJP-led central government, welfare benefits in India have become better …
Persistent link: https://www.econbiz.de/10014486248
Persistent link: https://www.econbiz.de/10001791053
most effective ones for processing and aggregating local knowledge. Democracy is a meta-institution for building good …
Persistent link: https://www.econbiz.de/10012471235
Are market and voting institutions capable of producing optimal intergenerational risk-sharing? To study this question, we consider a simple endowment economy with uncertainty and overlapping generations. Endowments are stochastic; thus it is possible to increase the welfare of every generation...
Persistent link: https://www.econbiz.de/10012471858
-30 percent were Mexico to attain a level of democracy comparable to that prevailing in the U.S …
Persistent link: https://www.econbiz.de/10012472453
The central claim of a rapidly growing literature in international relations is that members of pairs of democratic states are much less likely to engage each other in war or in serious disputes short of war than are members of other pairs of states. Our analysis does not support this claim....
Persistent link: https://www.econbiz.de/10012473888
Growth and democracy (subjective indexes of political freedom) are analyzed for a panel of about 100 countries from …, the overall effect of democracy on growth is weakly negative. There is a suggestion of a nonlinear relationship in which … democracy enhances growth at low levels of political freedom but depresses growth when a moderate level of freedom has already …
Persistent link: https://www.econbiz.de/10012473998