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Can War Foster Cooperation?
Bauer, Michal - 2018
In the past decade, nearly 20 studies have found a strong, persistent pattern in surveys and behavioral experiments from over 40 countries: individual exposure to war violence tends to increase social cooperation at the local level, including community participation and prosocial behavior. Thus...
Persistent link: https://www.econbiz.de/10012936047
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Globalization and the Great Divergence : Terms of Trade Booms and Volatility in the Poor Periphery 1782-1913
Williamson, Jeffrey G. - 2008
W. Arthur Lewis argued that a new international economic order emerged between 1870 and 1913, and that global terms of trade forces produced rising primary product specialization and de-industrialization in the poor periphery. More recently, modern economists argue that volatility reduces growth...
Persistent link: https://www.econbiz.de/10012772451
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The Fiscal Burden of Korean Reunification : A Generational Accounting Approach
Auerbach, Alan J.; Chun, Young-Jun; Yoo, Ilho - 2021
This paper uses Generational Accounting to assess the fiscal impacts of Korean reunification. Our findings suggest that early reunification will result in a large increase in the fiscal burden for most current and future generations of South Koreans. The Korean reunification's fiscal impact...
Persistent link: https://www.econbiz.de/10013212374
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Convergence and Modernization Revisited
Barro, Robert J. - 2012
frame-34 countries with GDP data starting between 1870 and 1896-estimation with country fixed effects is more appropriate … "iron-law" rate of 2%. In the post-1960s panel, estimation without country fixed effects supports the modernization … particularly the incorporation of China and India into the world market economy. For 29 countries since 1919, the levels and trends …
Persistent link: https://www.econbiz.de/10013101830
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Mismatch and Assimilation
Wang, Ping - 2018
Income disparity across countries has been large and widening over time. We develop a tractable model where factor requirements in production technology do not necessarily match a country's factor input profile. Appropriate assimilation of frontier technologies balances such multi-dimensional...
Persistent link: https://www.econbiz.de/10012911691
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Asiaphoria Meets Regression to the Mean
Pritchett, Lant - 2014
Consensus forecasts for the global economy over the medium and long term predict the world's economic gravity will …
Persistent link: https://www.econbiz.de/10013045644
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The New Empirics of Economic Growth
Durlauf, Steven N.; Quah, Danny - 2021
We provide an overview of recent empirical research on patterns of cross-country growth. The new empirical regularities considered differ from earlier ones, e.g., the well-known Kaldor stylized facts. The new research no longer makes production function accounting a central part of the analysis....
Persistent link: https://www.econbiz.de/10013218903
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International Trade and Per Capita Income Convergence : A Difference-in-Differences Analysis
Slaughter, Matthew J. - 2021
In this paper I analyze whether international trade contributes to per capita income convergence across countries. The analysis focuses on four important post-1945 multilateral trade liberalizations. To identify trade's effect on income dispersion, in each case I use a difference-in-differences'...
Persistent link: https://www.econbiz.de/10013225397
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Per Capita Income Convergence and the Role of International Trade
Slaughter, Matthew J. - 2021
reason might be perspective. Most convergence papers frame the analysis in a `Solow world' in which countries exist … independent of one another. But most international trade economists have a very different perspective of a world in which … convergence. Finally, I give two examples applying some of these ideas to real-world data. The basic point of the paper is that …
Persistent link: https://www.econbiz.de/10013247408
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Thresholds and Context Dependence in Growth
Ghosh, Atish R.; Wolf, Holger C. - 2021
Is there a single recipe for fast growth? Much of the recent cross-section empirical growth literature implicitly assumes there is. Yet both development and growth theory as well as casual empiricism suggest pervasive non-linearities in the growth process. Low inflation may grease the wheels of...
Persistent link: https://www.econbiz.de/10013212579