Showing 1 - 10 of 123
We develop an economic theory of tolerance where lifestyles and traits are invested with symbolic value by people. Value systems are endogenous and taught by parents to their children. In conjunction with actual behavior, value systems determine the esteem enjoyed by individuals. Intolerant...
Persistent link: https://www.econbiz.de/10012777299
The role of improved schooling, a central part of most development strategies, has become controversial because expansion of school attainment has not guaranteed improved economic conditions. This paper reviews the role of education in promoting economic wellbeing, with a particular focus on the...
Persistent link: https://www.econbiz.de/10012777643
We show that the recent rise in Afghan opium production is caused by violent conflicts. Violence destroys roads and irrigation, crucial to alternative crops, and weakens local incentives to rebuild infrastructure and enforce law and order. Exploiting a unique data set, we show that Western...
Persistent link: https://www.econbiz.de/10012753183
We develop a model to analyze one mechanism under which stronger intellectual property rights (IPR) protection may improve the ability of firms in developing countries to break into export markets. A Northern firm with a superior process technology chooses either exports or technology transfer...
Persistent link: https://www.econbiz.de/10013316444
We investigate the evolution of global welfare in two dimensions: income per capita and life expectancy. First, we estimate the marginal distributions of income and life expectancy separately. More importantly, in contrast to previous univariate approaches, we consider income and life expectancy...
Persistent link: https://www.econbiz.de/10013316486
We investigate the role of workers' and managerial experience as a determinant of firm innovation and productivity in a … innovation and productivity. The effect of managerial experience measured by age on firm performance depends instead on the type … of firm: high age of managers and board members is bad for innovation and productivity growth, while costs and benefits …
Persistent link: https://www.econbiz.de/10013141023
drives low-productivity firms from the small country's home market, replacing them with high-productivity exporters from … abroad. This endogenous policy response creates a selection effect that increases the average productivity of home firms when …
Persistent link: https://www.econbiz.de/10013120658
We develop a theory of a firm in an incomplete contracts environment which decides on its complexity, organization, and global scale. Specifically, the firm decides i) how thinly it wants to slice its production process by choosing the mass of symmetric intermediate inputs that are...
Persistent link: https://www.econbiz.de/10013120903
productivity - enhancing effect. The reform of fixed-term contracts instead did not produce the intended results: it induced a … substitution of temporary employees in favor of permanent ones and reduced capital intensity, generating productivity losses. We …
Persistent link: https://www.econbiz.de/10013122251
We use a proprietary data set on the floor-level operations at the Bhilai Rail and Structural Mill (RSM) in India to understand how output rose sharply in response to competitive pressures. Output increases came predominantly from reductions in production delays of various kinds. We model...
Persistent link: https://www.econbiz.de/10013122384