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By studying the interaction between social capital and decentralization, we show that political decentralization can be a source of divergence across heterogeneous regions. In particular, we claim that since the local endowments of social capital display their effect on the economy mainly...
Persistent link: https://www.econbiz.de/10009757366
world income distribution dynamics over a benchmark period 1960-1985. Results are then extended through 1995. Formal …
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This study estimates Climate Adjusted Total Factor Productivity (CATFP) for agriculture in Latin America and Caribbean … (LAC) countries, while also providing comparisons with several regions of the world. Climatic variability is introduced in … induces significant reductions in productivity (2.3% to 10.7%), over the 2013-2040 period. Estimated output losses due to …
Persistent link: https://www.econbiz.de/10011339428
This study is a first contribution to prioritization across productivity determinant capabilities that attempts to …
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It is often argued that, ethically, resource rents should accrue to all citizens. Yet in reality the rents from exploiting national resources are often concentrated in the hands of a few. If resource rents were to be taxed, on the other hand, substantial amounts of public money could be raised...
Persistent link: https://www.econbiz.de/10011391823