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At the close of World War II, there were wide-ranging debates about the future of economic developments. Historical … the likelihood of secular stagnation; this topic continued to be debated throughout the post-World War II expansion … growth in less developed countries were contradicted when during the mid- and late-1970s, fertility rates in third world …
Persistent link: https://www.econbiz.de/10012467560
Persistent link: https://www.econbiz.de/10013329190
We exploit differences in the mortality rates faced by European colonialists to estimate the effect of institutions on economic performance. Our argument is that Europeans adopted very different colonization policies in different colonies, with different associated institutions. The choice of...
Persistent link: https://www.econbiz.de/10012470979
most countries around the world. Turning to the relationship between countries, we show that average life satisfaction is …
Persistent link: https://www.econbiz.de/10012462215
While openness to trade is a well-recognized hallmark of many successful emerging market economies known as "growth miracles," another component of the growth model is a leapfrogging strategy - the use of policies to guide the industrial structural transformation ahead of a country's factor...
Persistent link: https://www.econbiz.de/10012462266
One of the pervasive issues in social and environmental research has been to improve the quality of socioeconomic data in developing countries. Because of the shortcoming of standard data sources, the present study examines luminosity (measures of nighttime lights) as a proxy for standard...
Persistent link: https://www.econbiz.de/10012462340
theory that cast Britons and Indians in a relationship of absolute difference"; and that arguments used by the settlers in … framework, technology, contacts with the outside world, and changes in power and wealth matter not just directly but because …
Persistent link: https://www.econbiz.de/10012462860
In this paper we seek to produce forecasts of commodity price movements that can systematically improve on naive statistical benchmarks, and revisit the forecasting performance of changes in commodity currencies as efficient predictors of commodity prices, a view emphasized in the recent...
Persistent link: https://www.econbiz.de/10012462882
The rise in world trade since 1970 has raised international mobility of labor services. We study the effect of such a … globalization of the world's labor markets. We find that when people can choose between wage work and managerial work, the output … theory also establishes that after economic integration, the high skill countries see a disproportionate increase in …
Persistent link: https://www.econbiz.de/10012464960
across the world. We do so by calculating how many years ago these technologies were used in the U.S. at the same intensity …
Persistent link: https://www.econbiz.de/10012465984