inequity, whether across states of world (uncertainty), across individuals (inequality) and across generations …

In this paper we discuss the relationship between economic growth and natural resources at a global level, taking into … account geography. With this aim, our model integrates elements of the theories of endogenous growth, natural resources and … new economic geography. We find that an increase in the world growth rate can lead to a higher depletion of the natural …

productive. In this case along a balanced growth path the tax has to increase to keep the market shares of goods of different … vintages constant. An increase in the burden of taxation lowers output on impact but, comparing balanced growth paths, we find … that it spurs innovation. Through this channel environmental policy may increase the growth rate of the economy. …

We use China's growth experience as a laboratory to study how reductions in entry barrier contribute to economic growth … early 2000s made the Chinese economy more competitive and dynamic, propelling the growth acceleration from the early 1990s … entry and calibrate it to Chinese manufacturing from 2004-7. We show about 25% of the productivity growth in 2004-7 is …

Tourism has been regarded as a major source of economic growth and a good source of foreign exchange earnings. Tourism …

This article challenges recent findings that democracy has sizable effects on economic growth. As extensive political … called endogenous, and those grounded in reasons more exogenous to economic growth. The behavior of economic growth following … these more exogenous democratizations strongly indicates that democracy does not cause growth. Consequently, the common …