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Understanding Transitory Rainfall Shocks, Economic Growth and Civil Conflict

Miguel, Edward - 2010

Miguel, Satyanath and Sergenti (2004) use rainfall variation as an instrument to show that economic growth is negatively related to civil conflict in sub-Saharan Africa. In the reduced form regression they find that higher rainfall is associated with less conflict. Ciccone (2010) claims that...

Persistent link: https://www.econbiz.de/10012462196

Exporting Raises Productivity in Sub-Saharan African Manufacturing Plants

Van Biesebroeck, Johannes - 2003

status on productivity for a panel of manufacturing plants in nine African countries. The results indicate that exporters in …

Persistent link: https://www.econbiz.de/10012468678

Keeping It in the Family : Lineage Organization and the Scope of Trust in Sub-Saharan Africa

Moscona, Jacob - 2017

We present evidence that the traditional structure of society is an important determinant of the scope of trust today. Within Africa, individuals belonging to ethnic groups that organized society using segmentary lineages exhibit a more limited scope of trust, measured by the gap between trust...

Persistent link: https://www.econbiz.de/10012455485

Real Business Cycles in Emerging Countries?

García-Cicco, Javier - 2006

We use more than one century of Argentine and Mexican data to estimate the structural parameters of a small-open-economy real-business-cycle model driven by nonstationary productivity shocks. We find that the RBC model does a poor job at explaining business cycles in emerging countries. We then...

Persistent link: https://www.econbiz.de/10012466032

Growth Economics and Reality

Brock, William A. - 2000

This paper questions current empirical practice in the study of growth. We argue that much of the modern empirical growth literature is based on assumptions concerning regressors, residuals, and parameters which are implausible both from the perspective of economic theory as well as from the...

Persistent link: https://www.econbiz.de/10012470690

Why Not Africa?

Freeman, Richard B. - 1999

Various arguments have been used to explain Sub-Saharan Africa's economic decline. We find that a stress on investments in education as a prerequisite for more rapid growth is misplaced; that greater openness is far from sufficient to insure economic progress; that income inequality and urban bias...

Persistent link: https://www.econbiz.de/10012471865

Trade Policy and Economic Performance in Sub-Saharan Africa

Rodrik, Dani - 1998

This study focuses on the role of trade and trade policy in achieving sustained long-term growth in Africa. One major conclusion is that trade policy in Sub-Saharan Africa works much the same way that it does elsewhere. High levels of trade restrictions have been an important obstacle to exports...

Persistent link: https://www.econbiz.de/10012472246

The Economic Tragedy of the XXth Century : Growth in Africa

Artadi, Elsa V. - 2003

The dismal growth performance of Africa is the worst economic tragedy of the XXth century. We document the evolution of per capita GDP for the continent as a whole and for subset of countries south of the Sahara desert. We document the worsening of various income inequality indexes and we...

Persistent link: https://www.econbiz.de/10012468832

The Price and Quantity of Interest Rate Risk

Carpenter, Jennifer N.; Lu, Fangzhou; Whitelaw, Robert F. - National Bureau of Economic Research - 2021

Studies of the dynamics of bond risk premia that do not account for the corresponding dynamics of bond risk are hard to interpret. We propose a new approach to modeling bond risk and risk premia. For each of the US and China, we reduce the government bond market to its first two...

Persistent link: https://www.econbiz.de/10012482660

Generalized Moments Estimation for Panel Data

Druska, Viliam - 2003

This paper considers estimation of a panel data model with disturbances that are autocorrelated across cross … estimate spatial dependence parameters. For the case where the time dimension is small (the usual panel data case), we develop … Kelejian and Prucha. We apply this approach in a stochastic frontier framework to a panel of Indonesian rice farms where …

Persistent link: https://www.econbiz.de/10012469113

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