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The effects of infrastructure development on growth and income distribution
Calderon, Cesar; Serven, Luis - Economics Research, World Bank Group - 2004
involves the estimation of simple equations for GDP growth and conventional inequality measures, augmented to include, among … infrastructure assets, and (2) income inequality declines with higher infrastructure quantity and quality. A variety of specification … quality on growth and inequality. These two results combined suggest that infrastructure development can be highly effective …
Persistent link: https://www.econbiz.de/10005079502
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Does public capital crowd out private capital? : evidence from India
Serven, Luis - Economics Research, World Bank Group - 1996
A recent but rapidly growing empirical literature focuses on the relationship between public and private capital. But for the most part, it ignores the heterogeneity of public investment. In many countries, especially in the developing world, public investment includes not only basic...
Persistent link: https://www.econbiz.de/10005079546
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The relative richness of the poor? natural resources, human capital, and economic growth
Bravo-Ortega, Claudio; de Gregorio, Jose - Economics Research, World Bank Group - 2005
Are natural resources a blessing or a curse? The authors present a model in which natural resources have a positive effect on the level of income and a negative effect on its growth rate. The positive and permanent effect on income implies a welfare gain. There is a growth effect stemming from a...
Persistent link: https://www.econbiz.de/10005080078
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Foreign aid and rent-seeking
Svensson, Jakob - Economics Research, World Bank Group - 1998
To address the relationship between concessional assistance, corruption, and other types of rent-seeking activities, the author provides a simple game-theoretic rent-seeking model. Insights with interesting implications emerge from the analysis: 1) An increase in government revenue (from...
Persistent link: https://www.econbiz.de/10005080152
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Does Liberte = Egalite ? A survey of the empirical links between democracy and inequality with some evidence on the transition economies
Mark, Gradstein.; Milanovic, Branko - Economics Research, World Bank Group - 2002
The effect of the distribution of political rights on income inequality has been studied both theoretically and … high degree of economic inequality. And democratization in the form of franchise expansion has typically led to an … other measures of democracy, based on civil liberties and political rights, and inequality. The transition experience of …
Persistent link: https://www.econbiz.de/10005080175
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The peace dividend : military spending cuts and economic growth
Knight, Malcolm; Loayza, Norman; Villanueva, Delano - Economics Research, World Bank Group - 1996
Conventional wisdom suggests that reducing military spending may improve a country's economic growth, but empirical studies have produced ambiguous results on this point. Extending a standard growth model, the authors exploit both cross-section and time-series dimensions of available data to get...
Persistent link: https://www.econbiz.de/10005128630
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The public sector in the Caribbean : issues and reform options
Swaroop, Vinaya - Economics Research, World Bank Group - 1996
The public sector's performance in the Caribbean varies, in reducing poverty and in creating an enabling environment for growth. Barbados and the Bahamas have been the high performers, Guyana and the Dominican Republic have been sluggish, and the other Caribbean countries fall in between. In the...
Persistent link: https://www.econbiz.de/10005128747
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Toward a social policy for Argentina's infrastructure sectors - evaluating the past and exploring the future
Foster, Vivien - Economics Research, World Bank Group - 2004
Argentina was a pioneer of infrastructure reform in the early 1990s. The social dimension of infrastructure services was typically overlooked in the reform process. However, social sensitivities often resurfaced in the years that followed, leading to a series of ad hoc social policy measures...
Persistent link: https://www.econbiz.de/10005129241
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Promoting growth in Sri Lanka : lessons from East Asia
Ahmed, Sadiq; Ranjan, Priya - Economics Research, World Bank Group - 1995
Sri Lanka's weak economic performance, although compounded by the civil war and budgetary imbalance, largely reflects the following: 1) a stop-and-go pattern of policy reform, because of political constraints - even though the results of reform were generally positive; 2) weak economic...
Persistent link: https://www.econbiz.de/10005133765
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Cents and sociability : household income and social capital in rural Tanzania
Narayan, Deepa; Pritchett, Lant - Economics Research, World Bank Group - 1997
The authors construct a measure of"social capital"in rural Tanzania, using data from the Tanzania Social Capital and Poverty Survey (SCPS), a large-scale survey that asked individuals about the extent and characteristics of their associational activity and their trust in various institutions and...
Persistent link: https://www.econbiz.de/10005133942