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Energy Consumption and Economic Growth: Evidence from Cameroon
Fondja Wandji, Yris D. - Université Paris-Dauphine (Paris IX) - 2013
The aim of this paper is to study the nature of the relationship between energy consumption and economic growth in Cameroon through a three-step approach: (i) study the stationarity of the chronic, (ii) test of causality between variables, and (iii) estimate the appropriate model. The study...
Persistent link: https://www.econbiz.de/10010723180
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Emigration and democracy
Docquier, Frédéric; Lodigiani, Elisabetta; Rapoport, … - Centre pour la Recherche Économique et ses … - 2014
measured by standard democracy indices). The results are robust to a wide range of specifications and estimation methods …
Persistent link: https://www.econbiz.de/10010904608
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The stage of development among former communist economies: Social capital, the middle class and democracy
Tridico, Pasquale - In: Journal of Behavioral and Experimental Economics … 44 (2013) C, pp. 47-58
The aim of this paper is to trace, comparatively, the path of both development and democracy among Former Soviet … Republics (FSRs) and Central Eastern European Countries (CEECs). Democracy is defined using the concept of Dahl (1971) who … refers to “contestation” as the essential feature of democracy. Development is identified with the general progress of human …
Persistent link: https://www.econbiz.de/10011051747
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NATURAL RESOURCE ABUNDANCE AND ECONOMIC GROWTH REVISITED
Stijns, Jean-Philippe - EconWPA - 2001
Data on energy and mineral reserves suggest that natural resource abundance has not been a significant structural determinant of economic growth between 1970 and 1989. The story behind the effect of natural resources on economic growth is a complex one that typical growth regressions do not...
Persistent link: https://www.econbiz.de/10005118731
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Portfolio construction, management and protection
Strong, Robert A. - 1993
Persistent link: https://www.econbiz.de/10004186260
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Trust as the missing root of institutions, education, and development
Méon, Pierre-Guillaume; Bjørnskov, Christian - Centre Emile Bernheim, Solvay Brussels School of … - 2012
In the paper, we argue that trust is the missing link relating education, institutions, and economic development. We argue that increased trust both increases education and improves legal and bureaucratic institutions, which in turn spurs economic development. We substantiate this intuition with...
Persistent link: https://www.econbiz.de/10010968984
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Declining Predation during Development: a Feedback Process
Bethencourt, Carlos; Perera-Tallo, Fernando - Volkswirtschaftliche Fakultät, … - 2012
Empirical evidence suggests that poorer countries have larger portions of predation. We formulate a neoclassical growth model in which agents devote time either to produce or predate. When the elasticity of substitution between labor and capital is lower than one, the labor share rises with...
Persistent link: https://www.econbiz.de/10011259207
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Human capital and regional development
Gennaioli, Nicola; Laporta, Rafael; López-de-Silanes, … - Department of Economics and Business, Universitat … - 2011
We investigate the determinants of regional development using a newly constructed database of 1569 sub-national regions from 110 countries covering 74 percent of the world’s surface and 97 percent of its GDP. We combine the cross-regional analysis of geographic, institutional, cultural, and...
Persistent link: https://www.econbiz.de/10009327880
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Civic Capital as the Missing Link
Guiso, Luigi; Sapienza, Paola; Zingales, Luigi - C.E.P.R. Discussion Papers - 2010
This chapter reviews the recent debate about the role of social capital in economics. We argue that all the difficulties this concept has encountered in economics are due to a vague and excessively broad definition. For this reason, we restrict social capital to the set of values and beliefs...
Persistent link: https://www.econbiz.de/10008468690
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Rituals: An economic interpretation
Coyne, Christopher J.; Mathers, Rachel L. - In: Journal of Economic Behavior & Organization 78 (2011) 1, pp. 74-84
This paper provides a rational choice analysis of rituals, defined as predictable and regular observances of acts or procedures, which have a symbolic element resulting in the inculcation or reinforcement of shared values and beliefs. The purpose is threefold. First, to make clear why rituals...
Persistent link: https://www.econbiz.de/10010573029