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Koren, Miklós; Tenreyro, Silvana - 2005

Why is GDP so much more volatile in poor countries than in rich ones? To answer this question, we propose a theory of technological diversification. Production makes use of different input varieties, which are subject to imperfectly correlated shocks. As in endogenous growth models,...

Persistent link: https://www.econbiz.de/10011604597

Outward-Orientation and Development: Are Revisionists Right

Srinivasan, T. N.; Bhagwati, Jagdish - 1999

The costs of import substitution (IS) as a strategy for industrialization, which was deemed synonymous with economic development by many development economists of the fifties and sixties, were shown to be substantial in the influential and nuanced studies of the seventies and eighties under the...

Persistent link: https://www.econbiz.de/10010369159

Vote-Buying and Growth

Gersbach, Hans; Mühe, Felix - 2008

Vote-buying is widely used by parties in developing countries to influence the outcome of elections. We examine the impact of vote-buying on growth. We consider a model with a poverty trap where redistribution can promote growth. We show that vote-buying contributes to the persistence of poverty...

Persistent link: https://www.econbiz.de/10011753158

A Theory of Standards-Driven Rural Development

Swinnen, Johan F.M.; Rozelle, Scott; Xiang, Tao; … - 2008

Consumers have increasing demands for product standards. This has important implications for development. This paper develops a firmal theory of the process of the introduction of high product standards in developing countries. The model endogenizes the introduction of high standards. Initial...

Persistent link: https://www.econbiz.de/10010313311

Aid effectiveness disputed

Hansen, Henrik; Tarp, Finn - 1999

Persistent link: https://www.econbiz.de/10010320714

(Wie) Führt Außenhandel zu Wirtschaftswachstum?

Eck, Katharina - 2010

Diese Arbeit geht der Frage nach, wie Außenhandel zu Wirtschaftswachstum führen kann. Da anhaltendes … Wirtschaftswachstum nur durch technischen Fortschritt möglich ist, muss Außenhandel deshalb auf die Rate des technischen Fortschritts … wirken um Wirtschaftswachstum beeinflussen zu können. Technischer Fortschritt selbst entsteht hauptsächlich durch die …