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Unions, Dynamism, and Economic Performance
Hirsch, Barry T. - 2010
This paper explores the relationship between economic performance and US unionism, focusing first on what we do and do not know based on empirical research handicapped by limited data on establishment and firm level collective bargaining coverage. Evidence on the relationship of unions with...
Persistent link: https://www.econbiz.de/10013135314
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Whither Corruption? A Quantitative Survey of the Literature on Corruption and Growth
Campos, Nauro F. - 2010
Does corruption grease or sand the wheels of economic growth? This paper uses meta-analysis techniques to systematically evaluate the evidence addressing this question. It uses a data set comprising 460 estimates of the effect of corruption on growth from 41 empirical studies. The main factors...
Persistent link: https://www.econbiz.de/10013135630
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Are Microloans Bad for Growth?
Emerson, Patrick M. - 2010
This paper constructs a two-period overlapping generations model of human capital investment decisions where a microloan program designed to finance entrepreneurial activities is active. It is shown that, in the presence of human capital externalities (social returns to education) there exists a...
Persistent link: https://www.econbiz.de/10013136775
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Modernization of Agriculture and Long-Term Growth
Yang, Dennis Tao - 2010
This paper develops a two-sector model that illuminates the role played by agricultural modernization in the transition from stagnation to growth. When agriculture relies on traditional technology, industrial development reduces the relative price of industrial products, but has a limited effect...
Persistent link: https://www.econbiz.de/10013136945
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Should Easier Access to International Credit Replace Foreign Aid?
Bandyopadhyay, Subhayu - 2011
We examine the interaction between foreign aid and binding borrowing constraint for a recipient country. We also analyze how these two instruments affect economic growth via non-linear relationships. First of all, we develop a two-country, two-period trade-theoretic model to develop testable...
Persistent link: https://www.econbiz.de/10013119295
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An Empirical Growth Model for Major Oil Exporters
Esfahani, Hadi Salehi - 2012
-run output equation with a coefficient equal to the share of capital (α). The long-run theory is tested using quarterly data on … results support the long-run theory. The existence of long-run relations between real output, foreign output and real oil … steadily over the past three decades, the theory suggests that the effect of oil income on the economy's steady state growth …
Persistent link: https://www.econbiz.de/10013107701
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Social Organizations, Violence & Modern Growth
Greif, Avner - 2013
Although social institutions permeate the world in which we live, they are all but absent from our analyses of economic growth and development. This paper argues the need to mitigate this omission by demonstrating the importance of social institutions for growth and development
Persistent link: https://www.econbiz.de/10013082135
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Life Expectancy and Economic Growth : The Role of the Demographic Transition
Cervellati, Matteo - 2009
the role of the econometric specification. We present a simple theory of the economic and demographic transition where … individuals' education and fertility decisions depend on their life expectancy. The theory predicts that before the demographic …
Persistent link: https://www.econbiz.de/10013159658
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The Impact of Inflation Targeting on Inflation and Growth : How Robust is the Evidence?
Junankar, P. N. Raja - 2020
This paper evaluates the success of Inflation Targeting on inflation and growth on a large panel data set of both developing and developed countries. Earlier studies have found contradictory results depending on the methodology used, different authors have used different estimation methods on...
Persistent link: https://www.econbiz.de/10012833231
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Growth, Development, and Technological Change
Grossmann, Volker - 2007
The theory of endogenous technical change has deeply contributed to our understanding of the fundamental sources of …
Persistent link: https://www.econbiz.de/10012777881