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In this paper, we propose a new approach to represent a country's outward orientation. Prior work mostly uses indicators of aggregate trade intensity, trade policy or trade restrictiveness. Our approach offers a broader perspective as it measures a country's level of integration not only by its...
Persistent link: https://www.econbiz.de/10010986690
We propose a stylised dynamic model to understand the role of social networks in the phenomenon we call "globalization." This term refers to the process by which even agents who are geographically far apart come to interact, thus being able to overcome what would otherwise be a fast saturation...
Persistent link: https://www.econbiz.de/10010986688
We document for the US and Continental Europe that home–production time remained essentially flat during the last 50 years while changes in market time and leisure offset each other. We then focus on the US and France during 1970–2005 which are on the opposite sides of the spectrum: while US...
Persistent link: https://www.econbiz.de/10010986692
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This paper surveys the literature on fiscal policy and economic growth. We present a unifying framework for the analysis of long run growth implications of government expenditures and revenues. We find that several tax rates and expenditure categories exhibit a direct impact on the growth rate...
Persistent link: https://www.econbiz.de/10005662699
Persistent link: https://www.econbiz.de/10004638557
Persistent link: https://www.econbiz.de/10004638558
Recent economic growth In Mauritania has helped reduce poverty, but spatial disparities in terms of both monetary welfare and access to services and opportunities remain. Designing policies and projects to improve living conditions requires localized and updated data not usually available from...
Persistent link: https://www.econbiz.de/10012566588
This paper presents a comprehensive analysis of economic and social mobility in countries in the South Caucasus by complementing available household survey data in each of the countries in the subregion with other sources, such as the Life in Transition Survey (2016). The first part of the paper...
Persistent link: https://www.econbiz.de/10012569554
This note describes a new measure of multidimensional poverty developed for Armenia. In 2013, the National Statistical Service of the Republic of Armenia and the World Bank began work on a national measure of multidimensional poverty to supplement the consumption poverty indicator. This measure,...
Persistent link: https://www.econbiz.de/10012569781