A framework is developed with what we call technology capital. A country is a measure of locations. Absent policy … constraints, a firm owning a unit of technology capital can produce the composite output good using the unit of technology capital … is what constrains the number of units it operates using this unit of technology capital. If it has two units of …

expenditures in education, health, and infrastructure on economic growth, poverty, and income distribution in the past 20 years …

Poorly maintained public infrastructure is common in low- and middle-income countries, with consequences for service …

It is widely accepted that investing in public infrastructure promotes economic development. However, there is little … awareness of the prevalence of unfinished infrastructure projects and their consequences. In this paper, I study the effect of … unfinished sewerage infrastructure on early-life mortality in Peru. I compile several sources of administrative panel data for 1 …

This paper examines the role of geography and culture in explaining bankruptcy. We adopt survival analyses to model the … confirmed. -- bankruptcy ; geography ; culture ; exit …

systematically larger along the pre-Islamic trade routes in the Old World. The theory argues that this particular type of geography …, capital accumulation remained low and wealth inequality bounded. Geography and trade shaped the set of economically relevant … religious principles of Islam affecting its economic trajectory in the preindustrial world. -- Religion ; Islam ; Geography …