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New Evidence on Sectoral Labor Productivity : Implications for Industrialization and Development
Herrendorf, Berthold; Rogerson, Richard Donald; … - National Bureau of Economic Research - 2022
Moving labor from agriculture to manufacturing - "industrialization" - is often viewed as essential for the development … Development Centre and build a new dataset of comparable labor productivity levels in agriculture and manufacturing for 64 mostly …
Persistent link: https://www.econbiz.de/10013172134
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Why Doesn't Capitalism Flow to Poor Countries?
Tella, Rafael Di - 2007
corruption, which is more widespread in poor countries, reduces more the electoral appeal of capitalism than that of socialism …
Persistent link: https://www.econbiz.de/10012465489
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State Versus Private Ownership
Shleifer, Andrei - 1998
costs must be strong. In essence, this is the case for capitalism over socialism, explaining the dynamic vitality' of free … enterprise. The great economists of the 1930s and 1940s failed to see the dangers of socialism in part because they focused on … the role of prices under socialism and capitalism and ignored the enormous importance of ownership as the source of …
Persistent link: https://www.econbiz.de/10012472146
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Pervasive Shortages Under Socialism
Shleifer, Andrei - 1991
We present a new theory of pervasive shortages under socialism, based on the assumption that the planners are self … suggests that market socialism is bound to fail even without computational complexities facing the planners …
Persistent link: https://www.econbiz.de/10012475209
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Left, Right, Left : Income, Learning and Political Dynamics
Morrow, John - 2013
The political left turn in Latin America, which lagged its transition to liberalized market economies by a decade or more, challenges conventional economic explanations of voting behavior. This paper generalizes the forward-looking voter model to a broad range of dynamic, non-concave income...
Persistent link: https://www.econbiz.de/10012459164
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Financial Crisis in a Socialist Setting : Impact on Political Behavior, Social Trust, and Economic Values
Abramitzky, Ran; Ben-Porath, Netanel; Lavy, Victor; … - National Bureau of Economic Research - 2023
Research on the political and social impacts of financial crises has focused chiefly on free market economies, hindering our understanding of their effects in other settings. We exploit an episode of a financial crisis that hit the Israeli kibbutzim to study its impact in a socialist context....
Persistent link: https://www.econbiz.de/10014226115
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War, Socialism and the Rise of Fascism : An Empirical Exploration
Acemoglu, Daron - 2020
The recent ascent of right-wing populist movements in many countries has rekindled interest in understanding the causes of the rise of Fascism in inter-war years. In this paper, we argue that there was a strong link between the surge of support for the Socialist Party after World War I (WWI) and...
Persistent link: https://www.econbiz.de/10012481158
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Assessing job flows across countries : the role of industry, firm size and regulations
Haltiwanger, John C. - 2008
harmonized firm-level dataset. It shows that industry and firm size effects (and especially firm size) account for a large …
Persistent link: https://www.econbiz.de/10010521324
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Trade policy, income risk, and welfare
Krebs, Tom - 2005
"This paper studies empirically the relationship between trade policy and individual income risk faced by workers, and uses the estimates of this empirical analysis to evaluate the welfare effect of trade reform. The analysis proceeds in three steps. First, longitudinal data on workers are used...
Persistent link: https://www.econbiz.de/10010522578