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The Agricultural Origins of Time Preference
Galor, Oded; Özak, Ömer - National Bureau of Economic Research (NBER) - 2014
This research explores the origins of the distribution of time preference across regions. It advances the hypothesis, and establishes empirically, that geographical variations in natural land productivity and their impact on the return to agricultural investment have had a persistent effect on...
Persistent link: https://www.econbiz.de/10010969388
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Development, Structure, and Transformation: Some Evidence on Comparative Economic Growth
McCord, Gordon C.; Sachs, Jeffrey D. - National Bureau of Economic Research (NBER) - 2013
that economic development is a complex process driven by economic, political, social, and biophysical forces. Some … that geography's effects on development occurred exclusively through its effects on this historical institutional … development. We believe that economic development has also been shaped very importantly by the biophysical and geophysical …
Persistent link: https://www.econbiz.de/10010950899
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Subjective Well-Being and Income: Is There Any Evidence of Satiation?
Stevenson, Betsey; Wolfers, Justin - National Bureau of Economic Research (NBER) - 2013
Many scholars have argued that once "basic needs" have been met, higher income is no longer associated with higher in subjective well-being. We assess the validity of this claim in comparisons of both rich and poor countries, and also of rich and poor people within a country. Analyzing multiple...
Persistent link: https://www.econbiz.de/10010951086
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Selection and Market Reallocation: Productivity Gains from Multinational Production
Alfaro, Laura; Chen, Maggie - National Bureau of Economic Research (NBER) - 2012
Assessing the productivity gains from multinational production has been a vital topic of economic research. Positive aggregate productivity gains are often attributed to within-firm productivity improvement; however, an alternative, less emphasized explanation is between-firm selection and...
Persistent link: https://www.econbiz.de/10011250949
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The Geography of Development: Evaluating Migration Restrictions and Coastal Flooding
Rossi-Hansberg, Esteban; Desmet, Klaus; Nagy, Dávid … - National Bureau of Economic Research (NBER) - 2015
We study the relationship between geography and growth. To do so, we first develop a dynamic spatial growth theory with realistic geography. We characterize the model and its balanced growth path and propose a methodology to analyze equilibria with different levels of migration frictions. We...
Persistent link: https://www.econbiz.de/10011252659
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Entrepreneurship and Financial Frictions: A Macro-Development Perspective
Kaboski, Joseph P.; Buera, Francisco J.; Shin, Yongseok - National Bureau of Economic Research (NBER) - 2015
on the heterogeneous and dynamic micro-level implications of financial frictions for macro development. …
Persistent link: https://www.econbiz.de/10011262921
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Growth Strategies
Rodrik, Dani - National Bureau of Economic Research (NBER) - 2003
This is an attempt to derive broad, strategic lessons from the diverse experience with economic growth in last fifty years. The paper revolves around two key arguments. One is that neoclassical economic analysis is a lot more flexible than its practitioners in the policy domain have generally...
Persistent link: https://www.econbiz.de/10005084776
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Accounting for the Effect of Health on Economic Growth
Weil, David - National Bureau of Economic Research (NBER) - 2005
I use microeconomic estimates of the effect of health on individual outcomes to construct macroeconomic estimates of the proximate effect of health on GDP per capita. I employ avariety of methods to construct estimates of the return to health, which I combine with cross-country and historical...
Persistent link: https://www.econbiz.de/10005085077
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The Human Capital Stock: A Generalized Approach
Jones, Benjamin F. - National Bureau of Economic Research (NBER) - 2011
This paper presents a new framework for human capital measurement. The generalized framework can (i) substantially amplify the role of human capital in accounting for cross-country income differences and (ii) reconcile the existing conflict between regression and accounting evidence in assessing...
Persistent link: https://www.econbiz.de/10009328103
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Cultural Diversity, Geographical Isolation, and the Origin of the Wealth of Nations
Galor, Oded; Ashraf, Quamrul - National Bureau of Economic Research (NBER) - 2011
a significant role in giving rise to differential patterns of economic development across the globe. Societies that were …-possibility frontiers and flourished in the technological paradigm that characterized the agricultural stage of development. The lack of … development. Consistently with the theory, the empirical analysis establishes that (i) geographical isolation prevalent in pre …
Persistent link: https://www.econbiz.de/10009372421