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This article investigates economic performance when enforceable property rights are missing and subsistence needs matter. It shows that if per capita income is sufficiently high, a windfall gain in productivity triggers behavior that leads to higher growth (the normal reaction). The same shock...
Persistent link: https://www.econbiz.de/10010301471
behaves peacefully although challenged by an aggressive minority. In each case it is shown how the possibility of conflict and …
Persistent link: https://www.econbiz.de/10010262966
This article investigates economic performance when enforceable property rights are missing and subsistence needs matter. It shows that if per capita income is sufficiently high, a windfall gain in productivity triggers behavior that leads to higher growth (the normal reaction). The same shock...
Persistent link: https://www.econbiz.de/10010265685
This article investigates economic performance when enforceable property rights are missing and basic needs matter for consumption. It suggests a new view of the so-called voracity effect according to which windfall gains in productivity induce behavior that leads to lower economic growth....
Persistent link: https://www.econbiz.de/10010289018
This article investigates economic performance when enforceable propertyrights are missing and basic needs matter for consumption. It suggests anew view of the so-called voracity eect according to which windfall gains inproductivity induce behavior that leads to lower economic growth. Takinginto...
Persistent link: https://www.econbiz.de/10009302589
This article investigates economic performance when enforceable property rights are missing and subsistence needs matter. It shows that if per capita income is sufficiently high, a windfall gain in productivity triggers behavior that leads to higher growth (the normal reaction). The same shock...
Persistent link: https://www.econbiz.de/10003725568
This article investigates economic performance when enforceable property rights are missing and subsistence needs matter. It shows that if per capita income is sufficiently high, a windfall gain in productivity triggers behavior that leads to higher growth (the normal reaction). The same shock...
Persistent link: https://www.econbiz.de/10012724031
This article investigates economic performance when enforceable property rights are missing and basic needs matter for consumption. It suggests a new view of the so-called voracity effect according to which windfall gains in productivity induce behavior that leads to lower economic growth....
Persistent link: https://www.econbiz.de/10009012700
This paper investigates how social composition affects social conflict and economic development when property rights … resource appropriation contest. It is shown that conflict prevents investment and growth in a society of symmetric groups. In a … conflict intensity. A final part extends the analysis towards behavior of non-benevolent social elites. …
Persistent link: https://www.econbiz.de/10005225471
This article investigates economic performance when enforceable property rights are missing and subsistence needs matter. It shows that if per capita income is sufficiently high, a windfall gain in productivity triggers behavior that leads to higher growth (the normal reaction). The same shock...
Persistent link: https://www.econbiz.de/10008564995