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systematically larger along the pre-Islamic trade routes in the Old World. The theory argues that this particular type of geography … economic performance. It suggests that the unequal distribution of land endowments conferred differential gains from trade … ; Physical Capital ; Human Capital ; Land Inequality ; Wealth Inequality ; Trade …
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I study the coexistence of formal and informal finance in underdeveloped credit markets. While weak institutions constrain formal banks, shallow pockets hamper informal lenders. In such economies, informal finance has two effects. By increasing the investment return it decreases borrowers'...
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economic theory of internal political competition. -- Corruption ; Dictatorship ; Lending and Indebtedness ; Looting ; Natural …
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clothing sector accounts for the largest share in trade between India and Pakistan chiefly because of the similarities in … culture and the importance of the sector in their economies. However, the level of bilateral trade in textile and clothing at … USD 722 million (2013) is dismal as compared to the trade potential of USD 2.10 billion. To make a case for increasing …
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Accurately classifying products is essential in international trade. Virtually all countries categorize products into …
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Climate change, especially the warming trend experienced by several countries, could affect agricultural productivity. As a consequence, rural incomes will change, and with them the incentives for people to remain in rural areas. Using data from 116 countries between 1960 and 2000, we analyze...
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