Showing 1 - 10 of 18
1950s. Finally, we turn to the determinants of a broad array of development indicators for the year 1960 and for the 1960 …
Persistent link: https://www.econbiz.de/10009321839
colonial rule was to create financial incentives to adopt development policies that encouraged government spending. …
Persistent link: https://www.econbiz.de/10005666472
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 'trumps' everything else. Once institutions are...
Persistent link: https://www.econbiz.de/10005667122
Do foreign educated individuals play a role in promoting democracy in their home country? Despite the large amount of private and public resources spent on foreign education, there is no systematic evidence that foreign educated individuals foster democracy in their home countries. Using a...
Persistent link: https://www.econbiz.de/10005791894
In recent theories of comparative development the role of institutional differences has been crucial. Yet what explains … comparative institutional evolution? We investigate this issue by studying the coffee exporting economies of Latin America. While … homogeneous in many ways, they experienced radically different paths of economic (and political) development which is conventional …
Persistent link: https://www.econbiz.de/10005123696
Underdevelopment is thought to be about lack of investment, and many political economy theories can account for this. Yet, there has been much investment in developing countries. The problem has been that investment growth has not led to output growth. We therefore need to explain not simply...
Persistent link: https://www.econbiz.de/10005123875
We construct a simple model where political elites may block technological and institutional development, because of a … replaced. Fearing replacement, political elites are unwilling to initiate change, and may even block economic development. We … show that elites are unlikely to block development when there is a high degree of political competition, or when they are …
Persistent link: https://www.econbiz.de/10005124137
One of the key goals of political economy is to understand how institutional arrangements shape policy outcomes. This paper studies a comparatively neglected aspect of this - the forces that shape heterogeneous performance of autocracies. The paper develops a simple theoretical model of...
Persistent link: https://www.econbiz.de/10005136611
We investigate the impact of slavery on the current performances of the US economy. Over a cross section of counties, we find that the legacy of slavery does not affect current income per capita, but does affect current income inequality. In other words, those counties that displayed a higher...
Persistent link: https://www.econbiz.de/10008680759
-specific pre-colonial institutions in shaping comparative regional development in Africa. We utilize information on the spatial … we document a positive cross-sectional association between national institutions and regional economic development … regional development. The positive within country effect of pre-colonial institutions also obtains in regions of partitioned …
Persistent link: https://www.econbiz.de/10008683528