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Political power, resistance to technological change and economic development : evidence from the 19th century Sweden
Tyrefors, Björn; Lindgren, Erik; Pettersson-Lidbom, Per - 2017 - This version: June 16, 2017
We analyze investment decisions when information is costly, with and without delegation to an agent. We use a rational-inattention model and compare it with a canonical signal-extraction model. We identify three "investment conditions". In "sour" conditions, no information is acquired and no...
Persistent link: https://www.econbiz.de/10011667675
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The Total Return to Higher Education : Is There Underinvestment For Economic Growth and Development?
McMahon, Walter W. - 2019
The total return to higher education is the rate of return based on earnings plus non-monetary private and social … benefits beyond earnings that captures higher education's contribution to development.A theory of endogenous development offers … a new scholarly contribution where firm and household production with education externalities and the endogeneity of new …
Persistent link: https://www.econbiz.de/10012869715
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Structural transformation, inequality, and inclusive growth in China
Li, Yanan; Xing, Chunbing - 2020
In this paper, we analyse the relationship between China's structural transformation and the inclusiveness of its economic growth. China's economy has undergone significant structural changes since it initiated the economic reforms in 1978. Economic activities have shifted from the...
Persistent link: https://www.econbiz.de/10012181039
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Inequality and economic development : an overview
Galor, Oded - 2009
Persistent link: https://www.econbiz.de/10003897570
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The application of knowledge stylised facts in West Africa Economic and Monetary Union (WAEMU)
Amanzou, Nogbou Andetchi Aubin; Ballo, Zie; Troupa, … - In: Journal of Innovation and Entrepreneurship 11 (2022) 1, pp. 1-20
Sub-Saharan Africa has one of the dynamic economies in the world. Unfortunately, the performance achieve has not led to a reduction of social issues. So, the government are making massive investment to overcome social issues. This massive public investment highlights the exogenous nature of the...
Persistent link: https://www.econbiz.de/10014519564
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Entrepreneurship and Economic Development : Theory, Evidence and Policy
Naudé, Wim - 2013
This paper provides an overview of the state of the art of the intersection of development economics and entrepreneurship. Given the relative neglect of entrepreneurship by development scholars it deals with (i) recent theoretical insights from the intersection of entrepreneurship and...
Persistent link: https://www.econbiz.de/10013077338
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The application of knowledge stylised facts in West Africa Economic and Monetary Union (WAEMU)
Amanzou, Nogbou Andetchi Aubin; Ballo, Zie; Troupa, … - In: Journal of innovation and entrepreneurship : JIE 11 (2022), pp. 1-20
Sub-Saharan Africa has one of the dynamic economies in the world. Unfortunately, the performance achieve has not led to a reduction of social issues. So, the government are making massive investment to overcome social issues. This massive public investment highlights the exogenous nature of the...
Persistent link: https://www.econbiz.de/10013459414
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Still Divided : The Long-Run Effects of China’s Great Wall on Contemporary Ethnic Diversity and Economic Development
Cao, Guangyu; Liu, Chang; Ma, Guangrong - 2022
capital stock but higher levels of education inequality. Our paper highlights ethnic diversity inherited from historical …
Persistent link: https://www.econbiz.de/10013307291
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Inequality Overhang
Grigoli, Francesco - 2017
The linearity of the relationship between income inequality and economic development has been long questioned. While theory provides arguments for which the shape of relationship may be positive for low levels of inequality and negative for high ones, most of the empirical literature assumes a...
Persistent link: https://www.econbiz.de/10012956480
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Inequality Overhang
Grigoli, Francesco - 2017
The linearity of the relationship between income inequality and economic development has been long questioned. While theory provides arguments for which the shape of relationship may be positive for low levels of inequality and negative for high ones, most of the empirical literature assumes a...
Persistent link: https://www.econbiz.de/10012958629