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This paper examines fungibility as a possible explanation for the missing link between foreign aid and economic growth. The composition of aid plays a crucial role in determining the composition of government spending and, consequently, the magnitude of fungibility and its impact on growth....
Persistent link: https://www.econbiz.de/10010268229
Early states like China, India, Italy and Greece have been experiencing more rapid economic growth in recent decades than have later-comers to agriculture and statehood like New Guinea, the Congo, and Uruguay. We show that more rapid growth by early starters has been the norm in economic...
Persistent link: https://www.econbiz.de/10010318983
This paper explores the interrelations between economic growth, international trade and environmental degradation both theoretically and empirically. Panel data from developed and developing countries for the period of 1980 to 2003 is used and previous critique, especially on the econometric...
Persistent link: https://www.econbiz.de/10010263550
a resource boom reinforces rent grabbing and civil conflict especially if institutions are bad, induces corruption …
Persistent link: https://www.econbiz.de/10010270490
Specializing in tourism is an option available to a number of less developed countries and regions. But is it a good option? To answer this question, we have compared the relative growth performance of 14 "tourism countries" within a sample of 143 countries, observed during the period 1980-95....
Persistent link: https://www.econbiz.de/10011325125
Based upon two strands of literature, this paper hypothesizes a U-shaped relationship between a country's rate of entrepreneurial dynamics and its level of economic development. This would imply a different scope for entrepreneurship policy across subsequent stages of development. Regressing...
Persistent link: https://www.econbiz.de/10010276940
concomitance between so-called 'natural' hazard/disaster and conflict situations. Over 150 natural disasters have occurred … alongside complex political crises in the past seven years alone. Yet, the fields of conflict and disaster research remain … conflict and disaster. We exploit a large panel dataset that includes official development aid, and information about the …
Persistent link: https://www.econbiz.de/10010316737
ultimate determinants of conflict. However, fractionalization in all its demographic forms is endogenous in the long run. In … the relationship between fractionalization and the propensity of internal conflict statistically insignificant. Finally …
Persistent link: https://www.econbiz.de/10010269143
The quality of governance and institutions is increasingly seen as a fundamental factor in shaping the development … assistance for improving governance standards in such countries, with mixed results. This paper investigates the domestic and … "buying" better budget governance, therefore, are more likely to be enhanced not by additional resources, but by better …
Persistent link: https://www.econbiz.de/10012004304
variables. This study draws on conflict variables from the Correlates of War (COW) project to ask a critical question: How do … different types of conflict affect country growth rates? It finds that wars slow the economy. Estimates indicate that civil war … reduces annual growth by .01 to .13 percentage points, and high-intensity interstate conflict reduces annual growth by .18 to …
Persistent link: https://www.econbiz.de/10010269690