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The question addressed in this paper is whether the gap in performance between the developed and developing worlds can continue, and in particular, whether developing nations can sustain the rapid growth they have experienced of late. The good news is that growth in the developing world should...
Persistent link: https://www.econbiz.de/10013120308
I explore the connection between income inequality and health in both poor and rich countries. I discuss a range of mechanisms, including nonlinear income effects, credit restrictions, nutritional traps, public goods provision, and relative deprivation. I review the evidence on the effects of...
Persistent link: https://www.econbiz.de/10013237247
We study the lags with which new technologies are adopted across countries, and their long-run penetration rates once they are adopted. Using data from the last two centuries, we document two new facts: there has been convergence in adoption lags between rich and poor countries, while there has...
Persistent link: https://www.econbiz.de/10013063999
The spectacular growth of the software industry in some non-G7 economies has aroused both interest and concern. This paper addresses two sets of inter-related issues. First, we explore the determinants of these successful stories. We then touch upon the broader question of what lessons, if any,...
Persistent link: https://www.econbiz.de/10013324030
American metropolitan areas with comparable geographic units in Brazil, China and India. Both Gibrat's Law and Zipf's Law seem … to hold as well in Brazil as in the U.S., but China and India look quite different. In Brazil and China, the implications … of the spatial equilibrium hypothesis, the central organizing idea of urban economics, are not rejected. The India data …
Persistent link: https://www.econbiz.de/10012998418
--explained by underdevelopment itself? Or do the societies that are poor today hold certain cultural views that lead to gender … patrilocality and concern for women's "purity" help explain the male-skewed sex ratio in India and China and low female employment … in India, the Middle East, and North Africa, for example. I also discuss why the sex ratio has become more male …
Persistent link: https://www.econbiz.de/10013048998
Economic variables are known to move asymmetrically over the business cycle: quickly and sharply during crises, but slowly and gradually during recoveries. Not known is the fact that this asymmetry is stronger in countries with less-developed financial systems. This new fact is documented using...
Persistent link: https://www.econbiz.de/10013100988
Most recent cross-country analyses of economic growth have neglected the importance of physical geography. This paper reviews the distinctive development challenges faced by economies situated in tropical climates. Using geographic information system (GIS) mapping, the paper presents evidence...
Persistent link: https://www.econbiz.de/10013242895
In the new millennium, the Western aid effort towards Africa has surged due to writings by well-known economists, a celebrity mass advocacy campaign, and decisions by Western leaders to make Africa a major foreign policy priority. This survey contrasts the predominant "transformational" approach...
Persistent link: https://www.econbiz.de/10013210668
This paper tests the differential effects of the generosity of the welfare state under free migration and under policy-controlled migration, distinguishing between source developing and developed countries. We utilize free-movement within the EU to examine the free migration regime and compare...
Persistent link: https://www.econbiz.de/10013129125