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) fractionalization on macroeconomic performance (that is, on per capita GDP growth). However, we find that dynamic ethnic … fractionalization is negatively related to growth (although this is still not the case for linguistic and religious fractionalization …
Persistent link: https://www.econbiz.de/10005792174
prime forces in the transition from stagnation to growth. The unprecedented increase in population growth during the early … fertility rates and population growth in various regions of the world, enabling economies to convert a larger share of the … fruits of factor accumulation and technological progress into growth of income per capita. This Paper examines various …
Persistent link: https://www.econbiz.de/10005662096
This paper develops a unified model of growth, population, and technological progress that is consistent with long …-term historical evidence. The economy endogenously evolves through three phases. In the Malthusian regime, population growth is … population, so that output per capita is stable around a constant level. In the post-Malthusian regime, the growth rates of …
Persistent link: https://www.econbiz.de/10005662118
This paper develops a growth model in which the endogenous evolution of technological progress and wage inequality is …
Persistent link: https://www.econbiz.de/10005662180
accumulation to regional growth. We model explicitly the political-economy process driving infrastructure investments; in doing so …
Persistent link: https://www.econbiz.de/10005666545
We claim that the stock market encourages business creation, innovation, and growth by allowing the recycling of …
Persistent link: https://www.econbiz.de/10005666610
We consider a neoclassical growth model with endogenous corruption. Corruption and wealth, which are co-determined in … corruption, and if indeed as suggested by a number of empirical studies corruption hampers growth, then how did rich countries …
Persistent link: https://www.econbiz.de/10005666630
much better than the Barro and Lee (1996) or Nehru et al (1995) series in a number of growth specifications. We interpret … the (lack of) relationship between educational investment and growth. Using our preferred empirical specification, we also …
Persistent link: https://www.econbiz.de/10005666682
accumulation of human capital during the transition from stagnation to growth. This is because greater longevity raises children … that longevity and health have had a minor effect, if any, on the transition from stagnation to growth via investment in …
Persistent link: https://www.econbiz.de/10005666793
According to the Washington Consensus, developing countries’ growth would benefit from a reduction in tariffs and other … barriers to trade. But a backlash against this view now suggests that trade policies have little or no impact on growth. If … treatment, liberalizing tariffs on imported capital and intermediate goods, did lead to faster GDP growth, and by a margin …
Persistent link: https://www.econbiz.de/10005666812