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2008 Lawrence R. Klein lecture - Comparative economic development: Insights from unified growth theory
Galor, Oded - 2009
This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per capita across countries. The theory sheds light on three fundamental layers of comparative development. It identifies the factors that have governed the pace of the transition from...
Persistent link: https://www.econbiz.de/10010284035
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Inter-ethnic redistribution and human investments
Azarnert, Leonid V. - 2009
This article analyzes income redistribution in the inter-ethnic context. The model shows that redistribution in favor of less prosperous ethnic minorities raises fertility among the unskilled minority recipients, lowers fertility among the contributing local skilled, slows human capital...
Persistent link: https://www.econbiz.de/10010336073
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Trading population for productivity
Galor, Oded; Mountford, Andrew - 2003
determinant of the distribution of world population and a prime cause of the Great Divergence in income per capita across …
Persistent link: https://www.econbiz.de/10010318876
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Is tolerance good or bad for growth?
Berggren, Niclas; Elinder, Mikael - 2010
growth. Data from the World Values Survey enable us to investigate tolerance-growth relationships for 54 countries. We …
Persistent link: https://www.econbiz.de/10010321391
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Trading population for productivity: Theory and evidence
Galor, Oded; Mountford, Andrew - 2008
This research argues that the differential effect of international trade on the demand for human capital across countries has been a major determinant of the distribution of income and population across the globe. In developed countries the gains from trade have been directed towards investment...
Persistent link: https://www.econbiz.de/10010284056
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Prizes for basic research - Human capital, economic might and the shadow of history
Aizenman, Joshua; Noy, Ilan - 2006
This paper studies the impact of global factors on patterns of basic research across countries and time. We rely on the records of major scientific awards, and on data dealing with global economic and historical trends. Specifically, we investigate the degree to which scale or threshold effects...
Persistent link: https://www.econbiz.de/10010285308
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Surfing the Capital Waves: A sector-level examination of surges in FDI inflows
Dell'Erba, Salvatore; Reinhardt, Dennis - 2011
We examine episodes of large gross FDI inflows - surges - at the sectoral level between 1994 and 2009 for 95 emerging-market and industrial countries. We find that surges in the primary and manufacturing sectors are less cyclical and associated with lower macroeconomic volatility than surges in...
Persistent link: https://www.econbiz.de/10011430092
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An FDI is an FDI is an FDI? The growth effects of greenfield investment and mergers and acquisitions in developing countries
Harms, Philipp; Méon, Pierre-Guillaume - 2011
We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between mergers and acquisitions ("M&As") and "greenfield" investment. A simple model captures the key difference between the two types of FDI: unlike greenfield investment, M&As partly...
Persistent link: https://www.econbiz.de/10011430093
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The Effect of Health on Income: Quasi-Experimental Evidence from Commuting Accidents
Halla, Martin; Zweimüller, Martina - 2011
This paper interprets accidents occurring on the way to and from work as negative health shocks to identify the causal … effect of health on labor market outcomes. We argue that in our sample of exactly matched treated and control workers, these … health shocks are quasi-randomly assigned. A fixed-effects difference-in-differences approach estimates a negative and …
Persistent link: https://www.econbiz.de/10010294889
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The Causal Effect of Education on Health: What is the Role of Health Behaviors?
Brunello, Giorgio; Fort, Margherita; Schneeweis, Nichole; … - 2011
We study the contribution of health-related behaviors to the health-education gradient by distinguishing between short … behaviors in the health production function. Focusing on self-reported poor health as our health outcome, we find that education … has a protective effect for European males and females aged 50+. We also find that the mediating effects of health …
Persistent link: https://www.econbiz.de/10010294907