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Hausmann, Pritchett, and Rodrik (2005) found that political regime changes, external shocks and economic reforms are statistically significant predictors of growth accelerations. Updating the data from 1992 up to 2000 and correcting for coding errors, this paper argues that the original results...
Persistent link: https://www.econbiz.de/10008803017
insufficient to sustain growth. First presented technically by the World Bank as improved management of public resources in order …
Persistent link: https://www.econbiz.de/10005702938
The transformation of informal units into modern small enterprises is a policy frequently proposed in developing countries. This évolution is a logic way for economic development, but many difficulties appear at econonic and social global level. This transition suppose internal dynamics of the...
Persistent link: https://www.econbiz.de/10005702963
This note tries to clarify some remaining issues in the debate on the effect of income shocks on civil conflict. Section 1 discusses the discrepant findings on the effect of rainfall shocks on civil conflict in Miguel and Satyanath (2010, 2011) and Ciccone (2011). Section 2 develops an...
Persistent link: https://www.econbiz.de/10005707996
In this paper we address the broad question, how does the process of industrial transformation, affect personal income distribution within a developing economy ? The starting point of our analysis is Kuznets (1955). What clearly emerges from Kuznets’s writings is that under certain...
Persistent link: https://www.econbiz.de/10005770882
We estimate a finite mixture model in which countries are sorted into groups based on the similarity of the conditional distributions of their growth rates. We strongly reject the hypothesis that all countries follow a common growth process in favor of a model in which there are two classes of...
Persistent link: https://www.econbiz.de/10005786969
Parallel calculations on modern multiprocessing technics open new opportunities in application of mathematical models for research ekonomy of region. Use of normative models was limited to complexity of their identification due to a lot of unknown parameters. In work the technique of...
Persistent link: https://www.econbiz.de/10005787022
The purpose of this note is to clarify how the idea of "causal depth" can play a role in finding the more "approximately true" explanation through causal comparisons. It is not an exhaustive treatment but rather focuses on a few aspects that may be the most critical in evaluating the explanatory...
Persistent link: https://www.econbiz.de/10005787185
This paper provides a dynamic model of the dual economy in which differences in productivity across sectors arise endogenously. Rather than relying on exogenous price distortions, duality arises because of differences between sectors in the separability of their fertility and labor decisions....
Persistent link: https://www.econbiz.de/10005837366
This paper examines how much of the difference in the size of the informal sector and in per capita income across countries can be accounted by regulation costs (barriers to legality) and contractual imperfections in financial markets (legal failures). It constructs and solves numerically a...
Persistent link: https://www.econbiz.de/10008524132