Showing 1 - 10 of 240
The dismal growth performance of Africa is the worst economic tragedy of the XXth century. We document the evolution of … rates Africa would have enjoyed if these key determinants had taken OECD rather than African values. Expensive investment …
Persistent link: https://www.econbiz.de/10012468832
Various arguments have been used to explain Sub-Saharan Africa's economic decline. We find that a stress on investments … poverty alleviation; and that the constraints imposed by Sub-Saharan Africa's human and physical geography are not core …
Persistent link: https://www.econbiz.de/10012471865
Average schooling in US states is highly correlated with state wage levels, even after controlling for the direct effect of schooling on individual wages. We use an instrumental variables strategy to determine whether this relationship is driven by social returns to education. The instrumentals...
Persistent link: https://www.econbiz.de/10012471339
Using cross-country and Peruvian data, I show that victims of misfortune, particularly crime victims, are much more likely than non-victims to bribe public officials. Misfortune increases victims' demand for public services, raising bribery indirectly, and also increases victims' propensity to...
Persistent link: https://www.econbiz.de/10012466176
We examine whether impact investing is more effective in fostering business venture success and social impact when investments are directed toward ventures located in disadvantaged urban areas compared to similar investments directed toward ventures located outside these areas. We explore this...
Persistent link: https://www.econbiz.de/10013435113
Africa. But employment in African manufacturing has grown rapidly over the past 20 years. These employment gains have been … (iii) robust labor productivity growth in Africa's large firms. Limited employment growth in Africa's large manufacturing … manufacturing to raise living standards in Africa depends on indirect job creation by large firms through backward and forward …
Persistent link: https://www.econbiz.de/10012794598
Africa's recent growth performance has raised expectations of a bright economic future for the continent after decades … of decline. Yet there is a genuine question about whether Africa's growth can be sustained, and if so, at what level. The … industrialization, seem to be operating at less than full power. If African countries do achieve growth rates substantially higher, they …
Persistent link: https://www.econbiz.de/10012458476
Evidence suggests that the prehistoric Out of Africa Migration has impacted the degree of intra-population genetic and …. Leveraging a folklore catalogue of 958 oral traditions across the world, we find that ethnic groups further away from East Africa …, phenotypic, and phonemic traits along the Out of Africa migration routes, setting conditions for the emergence and proliferation …
Persistent link: https://www.econbiz.de/10014287375
-Saharan Africa for the period 1980-96, indicate that increases in the permanent component of the terms of trade (measured using three …
Persistent link: https://www.econbiz.de/10012471007
This paper develops a decision-theoretic approach to policy analysis. We argue that policy evaluation should be conducted on the basis of two factors: the policymaker's preferences, and the conditional distribution of the outcomes of interest given a policy and available information. From this...
Persistent link: https://www.econbiz.de/10012468673