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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
This paper explores official trade data to identify patterns of smuggling in international trade. Our main measure of … interest is the difference in matched partner trade statistics, i.e., the extent to which the recorded export value in the … with the level of corruption in both partner countries. This finding supports the hypothesis that trade gaps partly …
Persistent link: https://www.econbiz.de/10005181615
exchange. This paper re-examines the causes of the outstanding success of the Champagne fairs in mediating international trade …
Persistent link: https://www.econbiz.de/10009020795
production. Pollution, as a force that discourages agglomeration, is caused by domestic production. We show that cities are too …
Persistent link: https://www.econbiz.de/10010599729
This paper deals with a classic development question: how can the process of economic development – transition from stagnation in a traditional technology to industrialization and prosperity with a modern technology – be accelerated? Lewis (1954) and Rostow (1956) argue that the pace of...
Persistent link: https://www.econbiz.de/10013075128
The shadow economy has long been an area of research for policymakers. The determinants of underground activity of late have been identified as high tax burdens and increased regulation, but has this relationship always existed? This seminal work examines the shadow economy in Norway, Sweden,...
Persistent link: https://www.econbiz.de/10012964698
capita rises, ii) international trade becomes more relevant for the nation, and iii) national production shifts to …
Persistent link: https://www.econbiz.de/10012930611
The research explores the effect of industrialization on human capital formation. Exploiting exogenous regional variations in the adoption of steam engines across France, the study establishes that in contrast to conventional wisdom that views early industrialization as a predominantly...
Persistent link: https://www.econbiz.de/10013003523
the turn of the 21st century. This adverse effect reects neither higher unionization and wage rates nor trade protection …
Persistent link: https://www.econbiz.de/10013021750
This is Part 2 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth. The paper provides a critical scrutiny of a number of stylized facts widely accepted in the growth literature. It shows that private-order institutions have not historically...
Persistent link: https://www.econbiz.de/10013051272