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Can the West Save Africa?
Easterly, William - National Bureau of Economic Research (NBER) - 2008
In the new millennium, the Western aid effort towards Africa has surged due to writings by well-known economists, a celebrity mass advocacy campaign, and decisions by Western leaders to make Africa a major foreign policy priority. This survey contrasts the predominant "transformational" approach...
Persistent link: https://www.econbiz.de/10005777960
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Asiaphoria Meets Regression to the Mean
Pritchett, Lant; Summers, Lawrence H. - National Bureau of Economic Research (NBER) - 2014
Consensus forecasts for the global economy over the medium and long term predict the world's economic gravity will substantially shift towards Asia and especially towards the Asian Giants, China and India. While such forecasts may pan out, there are substantial reasons that China and India may...
Persistent link: https://www.econbiz.de/10010950844
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Competitive Pressure and the Decline of the Rust Belt: A Macroeconomic Analysis
Ohanian, Lee Edward; Alder, Simeon; Lagakos, David - National Bureau of Economic Research (NBER) - 2014
No region of the United States fared worse over the postwar period than the "Rust Belt," the heavy manufacturing region bordering the Great Lakes. This paper hypothesizes that the Rust Belt declined in large part due to a lack of competitive pressure in its labor and output markets. We formalize...
Persistent link: https://www.econbiz.de/10010950979
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The Facts of Economic Growth
Jones, Charles I. - National Bureau of Economic Research (NBER) - 2015
Why are people in the richest countries of the world so much richer today than 100 years ago? And why are some countries so much richer than others? Questions such as these define the field of economic growth. This paper documents the facts that underlie these questions. How much richer are we...
Persistent link: https://www.econbiz.de/10011276423
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The US Productivity Slowdown, the Baby Boom, and Management Quality
Feyrer, James - National Bureau of Economic Research (NBER) - 2009
This paper examines whether management changes caused by the entry of the baby boom into the workforce explain the US productivity slowdown in the 1970s and resurgence in the 1990s. Lucas (1978) suggests that the quality of managers plays a significant role in determining output. If there is...
Persistent link: https://www.econbiz.de/10008634655
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Urban Structure and Growth
Rossi-Hansberg, Esteban; Wright, Mark - National Bureau of Economic Research (NBER) - 2005
Most economic activity occurs in cities. This creates a tension between local increasing returns, implied by the existence of cities, and aggregate constant returns, implied by balanced growth. To address this tension, we develop a theory of economic growth in an urban environment. We show that...
Persistent link: https://www.econbiz.de/10005004693
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Life and Growth
Jones, Charles I. - National Bureau of Economic Research (NBER) - 2011
Some technologies save lives -- new vaccines, new surgical techniques, safer highways. Others threaten lives -- pollution, nuclear accidents, global warming, the rapid global transmission of disease, and bioengineered viruses. How is growth theory altered when technologies involve life and death...
Persistent link: https://www.econbiz.de/10009025231
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The Contribution of Schooling in Development Accounting: Results from a Nonparametric Upper Bound
Caselli, Francesco; Ciccone, Antonio - National Bureau of Economic Research (NBER) - 2011
How much would output increase if underdeveloped economies were to increase their levels of schooling? We contribute to the development accounting literature by describing a non-parametric upper bound on the increase in output that can be generated by more schooling. The advantage of our...
Persistent link: https://www.econbiz.de/10009652860
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What is driving the 'African Growth Miracle'?
McMillan, Margaret Mcmillan; Harttgen, Kenneth - National Bureau of Economic Research (NBER) - 2014
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 productivity agriculture to higher productivity manufacturing and services …. These declines have been more rapid in countries where the initial share of the labor force engaged in agriculture is the …
Persistent link: https://www.econbiz.de/10010950650
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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
We suggest that the geographical patterns of income differences across the world have deep underpinnings. We emphasize that economic development is a complex process driven by economic, political, social, and biophysical forces. Some economists have argued that the patterns reflect mainly the...
Persistent link: https://www.econbiz.de/10010950899