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This paper revisits the two-equation model of Carree, van Stel, Thurik and Wennekers (2002) where deviations from the ‘equilibrium’ rate of business ownership play a central role determining both the growth of business ownership and that of economic development. Two extensions of the...
Persistent link: https://www.econbiz.de/10011372525
This paper addresses the timing of a location's historical transition from rural to urban activity. We test whether urbanization occurs sooner in places with higher agricultural potential and comparatively lower transport costs, using worldwide data that divide the earth's surface at half-degree...
Persistent link: https://www.econbiz.de/10010226975
Evolutionary and environmental economics have a potentially close relationship. This paper reviews past and identifies potential applications of evolutionary concepts and methods to environmental economics. This covers a number of themes: resource use and ecosystem management; growth and...
Persistent link: https://www.econbiz.de/10011350354
43 countries in sub-Saharan Africa for the period of 1982 - 2012, we find strong evidence that democracy is positively …
Persistent link: https://www.econbiz.de/10010343224
Horizontal inequality by ethnic group has remained remarkably persistent for wealth, education, and access to certain services in Nigeria. While significant gains in the reduction of inequality and improvement in access have been made for more locally administered services, outcomes are stickier...
Persistent link: https://www.econbiz.de/10011653973
In the great majority of Latin American countries in the 2000s, economic growth took place and brought about improvements in almost all labour market indicators and consequent reductions in poverty rates. Across countries, economic growth was not all that mattered; external factors were...
Persistent link: https://www.econbiz.de/10011440688
The regional development policy in Brazil materializes mainly in the regional development funds for the north-east (FNE), the north (FNO), and the centre-west (FCO), in which more than EUR36 billion was invested between 2004 and 2010. This paper examines the economic effect of these regional...
Persistent link: https://www.econbiz.de/10011440689
What is the relationship between inequality and growth? This question has occupied and fascinated social scientists for more than a century. This article critically reviews the recent empirical and theoretical literature on the complex interplay between inequality and economic growth. Inequality...
Persistent link: https://www.econbiz.de/10013204759
When India became a republic in 1950, the economy was primarily agrarian, with threefifths of output originating from agriculture. In the sixty years since independence, there has been a significant transformation of economic activity away from agriculture, with less than one-fifth of output now...
Persistent link: https://www.econbiz.de/10014477497
The effects of social transfers on growth are still unclear. The limitations of aggregated data at sub-national levels have confined the analysis to the use of simulation models and household surveys. As an alternative, this paper contributes to the empirical literature by assessing the effects...
Persistent link: https://www.econbiz.de/10010420584