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Landlockedness and economic development : analyzing subnational panel data and exploring mechanisms
Jetter, Michael; Mösle, Saskia; Stadelmann, David - 2017
This paper revisits the hypothesis that landlocked regions are systematically poorer than regions with ocean access, using panel data for 1,527 subnational regions in 83 nations from 1950-2014. This data structure allows us to exploit within-country-time variation only (e.g., regional variation...
Persistent link: https://www.econbiz.de/10011750132
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Productivity effects of trade in natural resources : comparison with mechanisms of technological specialisation
Zarach, Zuzanna; Parteka, Aleksandra - 2022 - This version: April 2022
estimation of a conditional convergence model. In general, reliance on natural resource exports slows growth, but we find that …
Persistent link: https://www.econbiz.de/10013175560
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Convergence of European natural gas prices
Bastianin, Andrea; Galeotti, Marzio; Polo, Michele - 2018
, their wholesale national gas markets are highly heterogeneous. We study the determinants of cross-country convergence of … pairwise, relative and σ-convergence. We show that there is evidence of pairwise price convergence and that some key … the existence of a convergence process. This result carries over to the notion of σ-convergence and is robust to a number …
Persistent link: https://www.econbiz.de/10012395753
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The volatility curse : revisiting the paradox of plenty
Ploeg, Frederick van der; Poelhekke, Steven - 2009
The volatility of unanticipated output growth in income per capita is detrimental to long-run development, controlling for initial income per capita, population growth, human capital, investment, openness and natural resource dependence. This effect is significant and robust over a wide range of...
Persistent link: https://www.econbiz.de/10003832092
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Do natural resources depress income per capita?
Arezki, Rabah; Ploeg, Frederick van der - 2010
Most evidence for the resource curse comes from cross-country growth regressions suffers from a bias originating from the high and ever-evolving volatility in commodity prices. This paper addresses these issues by providing new cross-country empirical evidence for the effect of resources in...
Persistent link: https://www.econbiz.de/10003969214
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The pungent smell of "red herrings" : subsoil assets, rents, volatility and the resource curse
Ploeg, Frederick van der; Poelhekke, Steven - 2010
Brunnschweiler and Bulte (2008) provide cross-country evidence that the resource curse is a "red herring" once one corrects for endogeneity of resource exports and allows resource abundance affect growth. Their results show that resource exports are no longer significant while the value of...
Persistent link: https://www.econbiz.de/10003956035
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Investments and financial flows induced by climate mitigation policies
Bastianin, Andrea; Favero, Alice; Massetti, Emanuele - 2010
In this paper we use the hybrid integrated model WITCH to quantify and analyze the investments and financial flows stimulated by a climate policy to stabilize Greenhouse Gases concentrations at 550ppm CO2-eq at the end of the century. We focus on investments to decarbonize the power sector and...
Persistent link: https://www.econbiz.de/10008702313
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Explaining Inequality between Countries : The Declining Role of Political Institutions
Hussey, Andrew - 2017
Within the fundamental determinants of cross-country income inequality, ‘humanly devised' political institutions represent a hallmark factor that societies can influence, as opposed to, for example, geography. Focusing on the portion of inequality explainable by differences in political...
Persistent link: https://www.econbiz.de/10012962120
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The Political Economy of Opposition Groups : Peace, Terrorism, or Civil Conflict
Jetter, Michael - 2018
This paper proposes a simple framework to better understand an opposition group's choice between peace, terrorism, and open civil conflict against the government. Our model implies that terrorism emerges if constraints on the ruling executive group are intermediate and rents are sizeable,...
Persistent link: https://www.econbiz.de/10012930080
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Explaining inequality between countries : the declining role of political institutions
Hussey, Andrew; Jetter, Michael; McWilliam, Dianne - 2017
Within the fundamental determinants of cross-country income inequality, "humanly devised" political institutions represent a hallmark factor that societies can influence, as opposed to, for example, geography. Focusing on the portion of inequality explainable by differences in political...
Persistent link: https://www.econbiz.de/10011597855