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The Knowledge Trap : Human Capital and Development Reconsidered
Jones, Benjamin F. - 2008
This paper presents a model where human capital differences - rather than technology differences - can explain several central phenomena in the world economy. The results follow from the educational choices of workers, who decide not just how long to train, but also how broadly. A "knowledge...
Persistent link: https://www.econbiz.de/10012464508
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Did Inequality in Farm Sizes Lead to Suppression of Banking and Credit in the Late Nineteenth Century?
Jaremski, Matthew S. - 2017
This paper creates a new database that covers all banks in the United States in the census years between 1870 and 1900 to test the interaction between inequality and financial development when the banking system was starting over from scratch. A fixed-effects panel regression shows that the...
Persistent link: https://www.econbiz.de/10012455333
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Long-Range Growth : Economic Development in the Global Network of Air Links
Campante, Filipe - 2016
We study the impact of international long-distance flights on the global spatial allocation of economic activity. To identify causal effects, we exploit variation due to regulatory and technological constraints which give rise to a discontinuity in connectedness between cities at a distance of...
Persistent link: https://www.econbiz.de/10012456027
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Paving the Way to Development : Costly Migration and Labor Market Integration
Morten, Melanie - 2016
How integrated are labor markets within a country? Labor mobility is key to the integration of local labor markets and therefore to understanding the efficacy of policies to reduce regional inequality. We present a comprehensive framework for understanding migration decisions, focusing on the...
Persistent link: https://www.econbiz.de/10012456517
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On the Ethnic Origins of African Development Chiefs and Pre-colonial Political Centralization
Michalopoulos, Stelios - 2014
We report on recent findings of a fruitful research agenda that explores the importance of ethnic-specific traits in shaping African development. First, using recent surveys from Sub-Saharan African countries, we document that individuals identify with their ethnic group as often as with the...
Persistent link: https://www.econbiz.de/10012458154
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Institutional Comparative Statics
Robinson, James A.; Torvik, Ragnar - 2011
Why was the Black Death followed by the decline of serfdom in Western Europe but its' intensification in Eastern Europe? What explains why involvement in Atlantic trade in the Early Modern period was positively correlated with economic growth in Britain but negatively correlated in Spain? Why...
Persistent link: https://www.econbiz.de/10012461551
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Fleshing Out the Olive? On Income Polarization in China
Ravallion, Martin; Chen, Shaohua - National Bureau of Economic Research - 2021
In a rare example of an explicit national goal for income distribution besides reducing poverty, China's leadership has … the potential trade-offs, the paper asks whether China's experience indicates that income-polarization was a by-product of … polarizing in China …
Persistent link: https://www.econbiz.de/10012660061
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Spatial Misallocation : Evaluating Place-Based Policies Using a Natural Experiment in China
Chen, Binkai - 2019
development zones on firm level TFP in China. The difference-in-difference estimator shows that on average, loss of development … three major seaports in China, closure of zones reduced firm-level TFP by 9.62%, whereas closure of zones farther away did … locational heterogeneity. We conclude that China's strategy of using development zones as a place-based policy to encourage …
Persistent link: https://www.econbiz.de/10012480094
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Spatial Misallocation in Chinese Housing and Land Markets
Deng, Yongheng - 2020
Housing and land prices in China have experienced dramatic hikes over the past decade or two. Moreover, housing and …
Persistent link: https://www.econbiz.de/10012481813
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The Regional Distribution of Skill Premia in Urban China
Whalley, John - 2010
We document and discuss the implications of a sharp increase in the regional dispersion of skill premia in China in … of China's integration into the global economy plays a significant and regionally concentrated role in the second period …
Persistent link: https://www.econbiz.de/10012462082