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How Deep are the Roots of Economic Development?
Spolaore, Enrico - 2012
The empirical literature on economic growth and development has moved from the study of proximate determinants to the analysis of ever deeper, more fundamental factors, rooted in long-term history. A growing body of new empirical work focuses on the measurement and estimation of the effects of...
Persistent link: https://www.econbiz.de/10013105134
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World-Trade Growth Accounting
Egger, Peter H. - 2016
We undertake a trade-growth accounting exercise by decomposing data on changes in bilateral international trade flows into their direct (endowment accumulation, productivity growth, changes in trade costs, changing preferences) and indirect components (general equilibrium effects). Furthermore,...
Persistent link: https://www.econbiz.de/10012994081
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Aid, Growth and Devolution
Lessmann, Christian; Markwardt, Gunther - 2021
This paper examines whether the federal structure of aid-receiving countries matters in explaining aid effectiveness. Following the decentralization theorem, the devolution of powers should increase aid effectiveness, since local decision-makers are better informed about local needs. At the same...
Persistent link: https://www.econbiz.de/10013316311
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Urbanization and Economic Development : A Tale of Two Barriers
Bond, Eric W. - 2016
rapidly industrializing countries. We use a dynamic, small open economy model with an abundant supply of surplus labor in …
Persistent link: https://www.econbiz.de/10012997164
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Hurricanes, Economic Growth and Transmission Channels - Empirical Evidence for Developed and Underdeveloped Countries
Berlemann, Michael - 2016
While the short-term growth consequences of natural disasters are comparatively well studied, there is little knowledge how disasters affect long-run growth. Based on truly exogenous storm indicators, derived from a meteorological database, we show that the growth effects of tropical storms go...
Persistent link: https://www.econbiz.de/10012982260
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Grey Matters : Charting the Development of the Shadow Economy
Mac Géidigh, Donal - 2017
The shadow economy has long been an area of research for policymakers. The determinants of underground activity of late … work examines the shadow economy in Norway, Sweden, the United Kingdom and the United States over the past 145 (from 1870 … to 2015) years using the Currency Demand Approach and finds that the underground economy is stabilising. To our knowledge …
Persistent link: https://www.econbiz.de/10012964698
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Subjective Well-Being, Income, Economic Development and Growth
Sacks, Daniel W. - 2011
most countries around the world. Turning to the relationship between countries, we show that average life satisfaction is …
Persistent link: https://www.econbiz.de/10013132796
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Political Regime Change, Economic Reform and Growth Accelerations
Jong-A-Pin, Richard - 2011
Using an improved definition and indicator of growth accelerations, we examine whether political regimes, regime changes, and economic reform are related to growth accelerations. Our results show that economic growth accelerations are preceded by economic reforms. Furthermore, we find that...
Persistent link: https://www.econbiz.de/10012756913
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Geography, Institutions, and the Making of Comparative Development
Auer, Raphael - 2021
While the direct impact of geographic endowments on prosperity is present in all countries, in former colonies, geography has also affected colonization policies and, therefore, institutional outcomes. Using non-colonized countries as a control group, I re-examine the theories put forward by La...
Persistent link: https://www.econbiz.de/10013315896
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Geography Rules Too! Economic Development and the Geography of Institutions
Bosker, Erik Maarten; Garretsen, Harry - 2021
To explain cross-country income differences, research has recently focused on the so-called deep determinants of economic development, notably institutions and geography. This paper sheds a different light on these determinants. We use spatial econometrics to analyse the importance of the...
Persistent link: https://www.econbiz.de/10013317516