Showing 1 - 10 of 18
and the evolution of societies from an epoch of stagnation to sustained economic growth. …
Persistent link: https://www.econbiz.de/10011083757
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/10011083828
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
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
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
We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...
Persistent link: https://www.econbiz.de/10008684672