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The Transition Economies After Ten Years

Fischer, Stanley - 2000

While output declined in virtually all transition economies in the initial years, the speed and extent of the recovery that followed has varied widely across these countries. The contrast between the more and less successful transitions, the latter largely in the former Soviet Union, raises many...

Persistent link: https://www.econbiz.de/10012471103

Structural Change, Fundamentals and Growth : A Framework and Case Studies

McMillan, Margaret - 2017

recently that progress has slowed with an economic environment of lackluster global trade, not enough jobs coupled with skills …

Persistent link: https://www.econbiz.de/10012455303

Agricultural Diversity, Structural Change and Long-run Development : Evidence from the U.S

Fiszbein, Martin - 2017

This paper examines the role of agricultural diversity in the process of development. Using data from U.S. counties and exploiting climate-induced variation in agricultural production patterns, I show that mid-19th century agricultural diversity had positive long-run effects on population...

Persistent link: https://www.econbiz.de/10012455494

External Integration, Structural Transformation and Economic Development : Evidence from Argentina 1870-1914

Fajgelbaum, Pablo - 2014

This paper uses the natural experiment of Argentina's integration into world markets in the late-nineteenth century to provide evidence on the role of internal geography in shaping the effects of external integration. We develop a quantitative model of the distribution of economic activity...

Persistent link: https://www.econbiz.de/10012458449

Institutions Rule : The Primacy of Institutions over Geography and Integration in Economic Development

Rodrik, Dani - 2002

We estimate the respective contributions of institutions, geography, and trade in determining income levels around the … world, using recently developed instruments for institutions and trade. Our results indicate that the quality of … institutions are controlled for, trade is almost always insignificant, and often enters the income equation with the wrong' (i …

Persistent link: https://www.econbiz.de/10012469401

What is driving the 'African Growth Miracle'?

McMillan, Margaret S. - 2014

We show that much of Africa's recent growth and poverty reduction can be traced to a substantive decline in the share of the labor force engaged in agriculture. This decline has been accompanied by a systematic increase in the productivity of the labor force, as it has moved from low...

Persistent link: https://www.econbiz.de/10012458587

The Economics of China : Successes and Challenges

Fan, Shenggen - 2013

This paper is the first chapter in the Oxford Companion to the Economics of China (Oxford University Press, forthcoming). Rather than trying to summarize other contributors' views, we provide our own perspectives on the Economics of China--the past experience and the future prospects. Our...

Persistent link: https://www.econbiz.de/10012459015

The Link Between Fundamentals and Proximate Factors in Development

Keller, Wolfgang - 2013

institutions to affect growth. Institutions can directly affect growth, or it can impact on trade, which in turn affects growth …. Once we separately quantify the link from institutions to trade, and trade to growth, the independent effect of … institutions on growth is small. This suggests that part of what is often understood as trade's effect on growth can be attributed …

Persistent link: https://www.econbiz.de/10012459845

Recent Developments in Macroeocnomics

Fischer, Stanley - 1987

This paper surveys much of modern macroeconomics. The focus is on the core macroeconomic issue, of the reasons for macroeconomic fluctuations and sometimes persistent unemployment. To provide continuity and perspective on how promising research leads of the past turned out, the paper starts by...

Persistent link: https://www.econbiz.de/10012476594

Social Structure and Development : A Legacy of the Holocaust in Russia

Acemoglu, Daron - 2010

We document a statistical association between the severity of the persecution and mass murder of Jews (the Holocaust) by the Nazis during World War II and long-run economic and political outcomes within Russia. Cities that experienced the Holocaust most intensely have grown less, and cities as...

Persistent link: https://www.econbiz.de/10012462572

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