Showing 1 - 10 of 20
This research develops an evolutionary growth theory that captures the interplay between the evolution of mankind and … economic growth since the emergence of the human species. This unified theory encompasses the observed evolution of population … that shaped the evolution of the human species, whereas the evolution of the human species was the origin of the take …
Persistent link: https://www.econbiz.de/10005666934
This research suggests that the evolution of entrepreneurial spirit played a significant role in the process of … economic development and the dynamics of inequality within and across societies. The study argues that entrepreneurial spirit … evolved non-monotonically in the course of human history. In early stages of development, risk-tolerant, growth promoting …
Persistent link: https://www.econbiz.de/10009002382
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
This paper describes the empirical regularities relating fiscal policy variables, the level of development and the rate … findings are: first, there is a strong association between the development level and the fiscal structure: poor countries rely …
Persistent link: https://www.econbiz.de/10005791535
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
the process of development. A simple general equilibrium model of rent-seeking political elites with two productive …
Persistent link: https://www.econbiz.de/10005124016
This paper emphasizes the relevance of classical transition dynamics for trade policy, particularly for developing countries. The empirical evidence from cross-country growth regressions points to important transitional growth effects related to trade policy reforms. The paper employs a simple...
Persistent link: https://www.econbiz.de/10005124093
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