Showing 1 - 10 of 49
This paper introduces the Small World model (Watts and Strogatz, Nature, 1998) into the theory of economic growth and investigates how increasing economic integration affects firm size and effciency, norm enforcement, and aggregate economic performance. When economic integration is low and local...
Persistent link: https://www.econbiz.de/10009245598
This paper introduces the Small World model into the theory of economic growth and investigates how increasing economic integration affects firm size and efficiency, norm enforcement, and aggregate economic performance. When economic integration is low and local connectivity is high, informal...
Persistent link: https://www.econbiz.de/10010786552
This paper integrates imperfect self-control into the standard model of endogenous growth. Individuals are conceptualized as “dual-selves” consisting of a long-run planner and a short-run doer. The long-run self can partly control the short-run self's strife for immediate gratification. It...
Persistent link: https://www.econbiz.de/10013071677
It is a well known fact that economic development and distance to the equator are positively correlated variables in the world today. It is perhaps less well known that as recently as 1500 C.E. it was the other way around. The present paper provides a theory of why the "latitude gradient"...
Persistent link: https://www.econbiz.de/10012961323
In this paper we examine the long-run relationship between religiosity and income using retrospective data on church attendance rates for a panel of countries from 1925 to 1990. We employ panel cointegration and causality techniques to control for omitted variable and endogeneity bias and test...
Persistent link: https://www.econbiz.de/10013077816
Successful economic development is usually characterized by two salient phenomena: industrialization and demographic transition. Chronologically both events happen so closely to each other that historians and economists alike suspect that they are interrelated. This paper develops a theory for...
Persistent link: https://www.econbiz.de/10005243310
During the World Cup 2006 Germany experienced a surge of revealed patriotism unseen so far after World War II. How can this unexpected and spontaneous change of social behavior be explained given that preference (for patriotism) are stable over time? This essay introduces and discusses three...
Persistent link: https://www.econbiz.de/10005243313
This paper provides a unified growth theory, i.e. a model that explains the very long-run economic and demographic development path of industrialized economies, stretching from the pre-industrial era to present-day and beyond. Making strict use of Malthus' (1798) so-called preventive check...
Persistent link: https://www.econbiz.de/10005243324
This paper investigates the impact of subsistence consumption and extrinsic and intrinsic causes of child mortality on fertility and child expenditure. It offers a theory for why mankind multiplies at higher rates at geographically unfavorable, tropical locations. Placed into a macroeconomic...
Persistent link: https://www.econbiz.de/10005314291
In the present paper we advance a theory of pre-industrial growth where body size and population size are endogenously determined. Despite the fact that parents invest in both child quantity and productivity enhancing child quality, a take-off does not occur due to a key "physiological check":...
Persistent link: https://www.econbiz.de/10009350497