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Factor Shares and Savings In Endogenous Growth

Bertola, Giuseppe - C.E.P.R. Discussion Papers - 1991

This paper studies the distributive effects of growth when different agents' income is drawn from accumulated and non-accumulated factors of production in different proportions. It also notes that political interactions may contribute to determine factor shares and growth when income sources are...

Persistent link: https://www.econbiz.de/10005791498

Education, Income Distribution, and Growth: The Local Connection

Bénabou, Roland - C.E.P.R. Discussion Papers - 1994

emerge. First, minor differences in education technologies, preferences, or wealth, can lead to a high degree of … inequality in education and income more persistent across generations. Whether the same is true of inequality in total wealth … richer communities; thus average academic performance and income growth both fall. Yet it may still be possible for education …

Persistent link: https://www.econbiz.de/10005661649

The Evolution of Modern Educational Systems: Technical Vs. General Education, Distributional Conflict and Growth

Bertocchi, Graziella; Spagat, Michael - C.E.P.R. Discussion Papers - 1998

and general education, with a superior social status attached to general. The resulting dynamic political equilibrium is … best summarized by the ratio of vocational to general education, which we interpret as a measure of the degree of … vocational education at the expense of general. …

Persistent link: https://www.econbiz.de/10005504686

Economic Backwardness in Political Perspective

Acemoglu, Daron; Robinson, James A - C.E.P.R. Discussion Papers - 2002

We construct a simple model where political elites may block technological and institutional development, because of a ‘political replacement effect.’ Innovations often erode elites’ incumbency advantage, increasing the likelihood that they will be replaced. Fearing replacement, political...

Persistent link: https://www.econbiz.de/10005124137

Technological Progress, Mobility, and Economic Growth

Galor, Oded; Tsiddon, Daniel - C.E.P.R. Discussion Papers - 1996

This paper analyses the relationship between technological progress, intergenerational earnings mobility, and economic growth. The analysis demonstrates that the interplay between technological progress and two components that determine individual earnings – parental human capital and...

Persistent link: https://www.econbiz.de/10005124238

In Search of the Holy Grail: Policy Convergence, Experimentation and Economic Performance

Mukand, Sharun W.; Rodrik, Dani - C.E.P.R. Discussion Papers - 2002

We consider a model of policy choice in which appropriate policies depend on a country’s own circumstances, but the presence of a successful leader generates an informational externality and results in too little ‘policy experimentation’. Corrupt governments are reined in while honest...

Persistent link: https://www.econbiz.de/10005136734

The Consequences of Radical Reform: The French Revolution

Acemoglu, Daron; Cantoni, Davide; Johnson, Simon; … - C.E.P.R. Discussion Papers - 2009

The French Revolution of 1789 had a momentous impact on neighboring countries. The French Revolutionary armies during the 1790s and later under Napoleon invaded and controlled large parts of Europe. Together with invasion came various radical institutional changes. French invasion removed the...

Persistent link: https://www.econbiz.de/10005689633

Workers, Machines and Economic Growth

Zeira, Joseph - C.E.P.R. Discussion Papers - 1995

This paper models technology adoption as replacing workers by machines, which perform the same job in the production process. The paper shows that such modelling of technology adoption affects significantly the analysis of economic growth. This model can explain large and persistent...

Persistent link: https://www.econbiz.de/10005504740

Divide and Rule or the Rule of the Divided? Evidence from Africa

Michalopoulos, Stelios; Papaioannou, Elias - C.E.P.R. Discussion Papers - 2010

We investigate jointly the importance of contemporary country-level institutional structures and local ethnicity-specific pre-colonial institutions in shaping comparative regional development in Africa. We utilize information on the spatial distribution of African ethnicities before colonization...

Persistent link: https://www.econbiz.de/10008683528

National Institutions and African Development: Evidence from Partitioned Ethnicities

Michalopoulos, Stelios; Papaioannou, Elias - C.E.P.R. Discussion Papers - 2012

We investigate the role of national institutions on regional development in a novel framework. We exploit the fact that the arbitrary political boundaries in the eve of African independence partitioned more than two hundred ethnic groups across different countries subjecting similar cultures,...

Persistent link: https://www.econbiz.de/10011084103