Showing 1 - 10 of 114
The diffusion of knowledge plays a central role in endogenous growth theories. Simply put, in these models new knowledge can be generated from preexisting knowledge. In other words, existing knowledge is a pure public good, which can benefit any economic agent anywhere. More generally,...
Persistent link: https://www.econbiz.de/10012967902
To analyze the effect of an increase in the quantity or quality of public investment on growth, this paper extends the World Bank?s Long-Term Growth Model (LTGM), by separating the total capital stock into public and private portions, with the former adjusted for its quality. The paper presents...
Persistent link: https://www.econbiz.de/10012909745
Links between social capital, human capital, and product imitation are studied in an overlapping generations model of endogenous growth where the key benefit of social capital is to promote imitation. There is also a two-way interaction between imitation and human capital. Building social...
Persistent link: https://www.econbiz.de/10012973988
This paper reviews dynamic general equilibrium models in order to collect insights on the interaction between economic growth and environmental issues. The authors discuss the Ramsey model and extend it for natural resource inputs and pollution, as well as for endogenous technical change. Green...
Persistent link: https://www.econbiz.de/10012974895
This paper presents evidence on the cost-effectiveness of early childhood education pathways in rural Indonesia. It documents the existence of substantial differences in school readiness between 6 to 9 year old children. Using detailed enrollment histories, it unpacks whether and how early...
Persistent link: https://www.econbiz.de/10014125181
This paper presents evidence on the cost-effectiveness of early childhood education pathways in rural Indonesia. It documents the existence of substantial differences in school readiness between 6 to 9 year old children. Using detailed enrollment histories, it unpacks whether and how early...
Persistent link: https://www.econbiz.de/10014125198
This paper investigates the relationship between mining and spatial inequality in Africa during 2001-12. The identification strategy is based on a unilateral causation between mining and district inequality. The findings show that when minerals are aggregated, mining increases district...
Persistent link: https://www.econbiz.de/10012963654
From 2000 to 2014, per capita gross domestic product in Sub-Saharan Africa increased by almost 35 percent in real terms, doubling in some countries. Such progress happened while agricultural productivity growth remained low in the aggregate, despite some bright spots, and poverty reduction was...
Persistent link: https://www.econbiz.de/10012965795
A field experiment in rural Liberia is used to study democratic participation in fragile states. Fragile states are marked by political fragmentation, local patronage systems, and voter vulnerability. To understand the effects of such conditions on democratic expression through elections, the...
Persistent link: https://www.econbiz.de/10012966010
The effects of public investments aimed at directly improving children's health are theoretically ambiguous, since the outcomes also depend on indirect effects through parental inputs. The authors investigate the role of such inputs in influencing the incidence of child health gains from access...
Persistent link: https://www.econbiz.de/10012966164