Showing 1 - 10 of 28
The effectiveness of Official Development Assistance is heavily debated. The emergence of new donors and the recent establishment of novel development actors, such as the BRICS-powered New Development Bank, will complement or substitute traditional financial flows and development cooperation....
Persistent link: https://www.econbiz.de/10011254929
This paper analyzes the duration of large economic declines and provides a theory of delayed recovery. First, we develop a formal political economy model that illustrates a simple mechanism of how weak constraints on the political executive can lead to longer declines in ethnically heterogeneous...
Persistent link: https://www.econbiz.de/10011188579
A major international transmission channel of productivity increases is trade in intermediate products and services. This paper analyses international spillovers at the industry level and for the first time investigates effects from the services sector in this framework. The analysis makes use...
Persistent link: https://www.econbiz.de/10011100425
In this paper, we empirically analyse the determinants of FDI ownership into developing countries. We do this by using firm-level data obtained from the Enterprise Surveys data of the World Bank and country level data from various sources. Using a multi-level logit model, we analyse how...
Persistent link: https://www.econbiz.de/10011103318
In this paper we examine the role of institutions relative to economic performance, absolute geography and financial … analysis to obtain multi-dimensional measure of institutions, economic performance, absolute geography and financial … quality, deeper financial structure as well as good geography of the Jeffery Sachs variety. From the second canonical …
Persistent link: https://www.econbiz.de/10011103323
Since 1950, there has been considerable diversity in developing country experiences. Some countries and some regions have experienced rapid growth and catch up, others have fallen behind. At a global level there is an increasing inequality of per capita incomes. However, within the framework of...
Persistent link: https://www.econbiz.de/10010856304
What is state capacity and how does it affect development? The concept of state capacity acquired centrality during the late seventies and eighties, sponsored by a rather compact set of scholarly works. It later permeated through several disciplines and has now earned a place within the many...
Persistent link: https://www.econbiz.de/10010856418
The notion of state capacity has attracted renewed interest over the last few years, in particular in the study of violent conflict. Yet, state capacity is conceived differently depending on whether the interest lies in the state's power to discourage violent conflict, in its ability to...
Persistent link: https://www.econbiz.de/10010712302
This article provides a succinct review of the arguments stressing the mutual relationship between institutions and economic performance, and a scholarly account of some of the most popular econometric strategies used to minimize reversed causality problems in impact estimation. Among the...
Persistent link: https://www.econbiz.de/10010856424
by using a broader set of definitions for institutions, geography and economic variables. We use a multi-faceted database … institutions trump other factors (geography and trade) when we use GDP per capita as an independent variable. When we expand the … geography are all important variables. In this case, institutions no longer trump the other factors. In this case, we also find …
Persistent link: https://www.econbiz.de/10010856330