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Credit Market Imperfection, Lack of Entrepreneurs and Capital Outflow from a Developing Economy

Marjit, Sugata - 2020

This paper explores the impact of credit market on the entrepreneurs and demand for credit in a credit constrained economy and the resultant impact on the capital flows. In standard trade models the capital flows across countries are explained as a result of the rate of return differentials due...

Persistent link: https://www.econbiz.de/10012824582

Body Mass, Nutrition, and Disease : Current Net Nutrition During Us Economic Development

Carson, Scott A. - 2020

When other measures for material welfare are scarce or unreliable, the use of average stature and body mass index (BMI) values is common. BMI reflects the current difference between calories consumed, calories required for work, and to withstand the physical environment. This study evaluates...

Persistent link: https://www.econbiz.de/10012826046

Tax Systems and Development

Mardan, Mohammed - 2020

This paper analyzes the optimal tax system consisting of the tax rate and the capacity of the tax administration. I challenge the conventional wisdom that tax rates and tax administrations' capacity are complements showing that their relationship depends on a country's level of development....

Persistent link: https://www.econbiz.de/10012846675

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

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

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

The political economy of corruption and the role of financial institutions

Boerner, Kira; Hainz, Christa - 2004

In transition and developing countries, we observe rather high levels of corruption even if they have democratic … high corruption levels. Our model is based on the fact that corrupt offcials have to pay an entry fee to get lucrative … positions. In a probabilistic voting model, we show that a lack of financial institutions can lead to more corruption as more …

Persistent link: https://www.econbiz.de/10010261273

Taxation, corruption and the exchange rate regime

Hefeker, Carsten - 2009

The paper analyzes the relation between institutional quality, such as corruption, in a country and its monetary regime …. It is shown that a credibly fixed exchange rate to a low inflation country, like a currency board, can reduce corruption … countries with regard to the level of corruption. …

Persistent link: https://www.econbiz.de/10010264571

Does conditionality work? A test for an innovative US aid scheme

Öhler, Hannes; Nunnenkamp, Peter; Dreher, Axel - 2011

Corporation (MCC) was successful in promoting better control of corruption. We employ a difference … corruption over time. …

Persistent link: https://www.econbiz.de/10010277995