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The Globalisation-Welfare State Nexus : Evidence from Asia

Potrafke, Niklas - 2019

How globalisation influences social expenditure has been examined for industrialized countries. Globalisation has often been shown to be positively associated with social expenditure in established industrialized countries, a finding that corroborates the compensation hypothesis. Scholars have...

Persistent link: https://www.econbiz.de/10012892254

The Short-Run and Long-Run Effects of Trade Openness on Financial Development : Some Panel Evidence for Europe

Caporale, Guglielmo Maria; Sova, Anamaria; Sova, Robert - 2021

This paper analyses the short- and long-run effects of trade openness on financial development in a panel including data on 35 European countries over the period 2001-2019. For this purpose, it uses the PMG (pooled mean group) estimator for dynamic panels developed by Pesaran et al. (1999). The...

Persistent link: https://www.econbiz.de/10013227601

Devotion and Development : Religiosity, Education, and Economic Progress in 19th-Century France

Squicciarini, Mara - 2020

This paper studies when religion can hamper diffusion of knowledge and economic development and through which mechanism. I examine Catholicism in France during the Second Industrial Revolution (1870-1914). In this period, technology became skill-intensive, leading to the introduction of...

Persistent link: https://www.econbiz.de/10012848322

Top Lights - Bright Cities and Their Contribution to Economic Development

Bluhm, Richard - 2019

The commonly-used satellite images of nighttime lights fail to capture the true brightness of most cities. We show that night lights are a reliable proxy for economic activity at the city level, provided they are first corrected for top-coding. We present a stylized model of urban luminosity and...

Persistent link: https://www.econbiz.de/10012892172

Impact of Colonial Institutions on Economic Growth and Development in India : Evidence from Night Lights Data

Ranjan, Priya; Talathi, Karan - 2021

We study the implications of two historical institutions, direct British rule, and the heterogeneous land tenure institutions implemented by the British, on disparity in present day development using district level data from India. Using nightlights per capita as a proxy for district level per...

Persistent link: https://www.econbiz.de/10013231963

Stock Market Linkages between the ASEAN Countries, China and the Us : A Fractional Cointegration Approach

Caporale, Guglielmo Maria - 2019

exhibit long memory. There is cointegration between the ASEAN five and the US but almost none between the former and China …This paper examines stock market integration between the ASEAN five and the US and China, respectively, over the period … monthly) are analysed using fractional integration and fractional cointegration methods. Further, recursive cointegration …

Persistent link: https://www.econbiz.de/10012891049

Infrastructure and gowth : empirical evidence

Égert, Balázs; Kozluk, Tomasz; Sutherland, Douglas - 2009

Investment in network infrastructure can boost long-term economic growth in OECD countries. Moreover, infrastructure investment can have a positive effect on growth that goes beyond the effect of the capital stock because of economies of scale, the existence of network externalities competition...

Persistent link: https://www.econbiz.de/10010273809

The role of the state in economic development

Tabellini, Guido - 2004

This paper discusses the recent literature on the role of the state in economic development. It concludes that government incentives to enact sound policies are key to economic success. It also discusses the evidence on what happens after episodes of economic and political liberalizations,...

Persistent link: https://www.econbiz.de/10010261242

Distribution of natural resources, entrepreneurship, and economic development : growth dynamics with two elites

Falkinger, Josef; Grossmann, Volker - 2005

This paper develops a model in which the interaction of entrepreneurial investments and power of the owners of land or other natural resources determines structural change and economic development. A more equal distribution of natural resources promotes structural change and growth through two...

Persistent link: https://www.econbiz.de/10010261348

China and the World Bank - How Contrasting Development Approaches Affect the Stability of African States

Gehring, Kai - 2019

China's development model challenges the approaches of traditional Western donors like the World Bank. We argue that … analyze a broad range of subnational stability measures in Africa. Aid by both the WB and China does not increase outright …

Persistent link: https://www.econbiz.de/10012861418

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