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Credit and saving constraints in general equilibrium : evidence from survey data

Granda Carvajal, Catalina; Hamann S., Franz A.; Tamayo, … - 2017

informal saving instruments (cash) and result in lower aggregate saving. Credit constraints induce misallocation of capital …

Persistent link: https://www.econbiz.de/10011656466

Capital goods trade, relative prices, and economic development

Mutreja, Piyusha; Ravikumar, B.; Sposi, Michael - 2017

International trade in capital goods has quantitatively important effects on economic development through capital formation and TFP. Capital goods trade enables poor countries to access more efficient technologies, leading to lower relative prices of capital goods and higher capital-output...

Persistent link: https://www.econbiz.de/10011690972

Structural change, environment and well-being : interactions between production and consumption choices of the rich and the poor in developing countries

Antoci, Angelo; Russu, Paolo; Ticci, Elisa - 2008

Vulnerability to scarcity or to reduction of natural capital depends on defensive substitution possibilities that, in turn, are affected by the availability of other productive factors. However, in several developing countries asset distribution tends to be highly skewed. Taking into ac- count...

Persistent link: https://www.econbiz.de/10008700108

Local communities in front of big external investors : an opportunity or a risk?

Antoci, Angelo; Russu, Paolo; Ticci, Elisa - 2010

In the current age of trade and financial openness, local economies in developing countries are becoming increasingly exposed to external investments. The objective of the proposed two-sector model with environmental externalities is to provide an insight into the interaction between external...

Persistent link: https://www.econbiz.de/10008746858

Corruption and the curse : the dictator's choice

Sarr, Mare; Swanson, Timothy M. - 2013

We develop a dynamic discrete choice model of a self-interested and unchecked ruler making decisions regarding the exploitation of a resource-rich country. This dictator makes the recursive choice between either investing domestically to live off the productivity of the country while facing the...

Persistent link: https://www.econbiz.de/10009702219

On the water-energy-food nexus: is there multivariate convergence?

Bollino, Carlo Andrea; Galeotti, Marzio - 2021

This paper provides new evidence on the convergence process of energy, water and food per capita consumption levels for 108 countries from 1971 to 2018, using a common data set, with VAR and panel data approach. We establish a new notion of multivariate sigma and beta-convergence. The results...

Persistent link: https://www.econbiz.de/10012487810

Productivity and the performance of agriculture in Latin America and the Caribbean : from the lost decade to the commodity boom

Nin, Alejandro; Falconi, César A.; Ludena, Carlos E.; … - 2015

This study analyzes the performance of Latin America and the Caribbean's agriculture between 1980 and 2012 looking at … performance of agriculture was the result of fast growth in the use of fertilizer, increases in land productivity, and growth in … contributed significantly to the improved performance of agriculture. Observed growth patterns at the country level suggest that …

Persistent link: https://www.econbiz.de/10011473446