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necessarily mean that giving money to women is a good development policy. We show that depending on the nature of the production …
Persistent link: https://www.econbiz.de/10010250142
Why has polygyny, marriage of a man to multiple women, common in most societies throughout history, almost disappeared in modern industrialized countries? Do women play a role in its disappearance? A simple theoretical model suggests that at the later stage of the transition from polygyny to...
Persistent link: https://www.econbiz.de/10010422242
The paper provides theoretical and empirical justifications for the instrumentality of foreign aid in stimulating private investment and fixed capital formation through fiscal policy mechanisms. We propose an endogenous growth theory based on an extension of Barro (1990) by postulating that the...
Persistent link: https://www.econbiz.de/10011409169
poorer development outcomes. However, systematic cross-country evidence on the deleterious effects of clientelism on … development outcomes is lacking. In this paper we examine the relationship between political clientelism, public goods provision … political clientelism on development outcomes, with increases in clientelism leading to lower coverage of welfare programmes …
Persistent link: https://www.econbiz.de/10012545471
The paper provides theoretical and empirical justifications for the instrumentality of foreign aid in stimulating private investment and fixed capital formation through fiscal policy mechanisms. We propose an endogenous growth theory based on an extension of Barro (1990) by postulating that the...
Persistent link: https://www.econbiz.de/10011596867
-run economic development. -- longevity ; active life expectancy ; education ; hours worked ; economic growth. … increasing education and declining labor supply (of cohorts born 1850-1950) as an optimal response to increasing active life …
Persistent link: https://www.econbiz.de/10009619090
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/10003762209
, our analysis suggests that economic development can make societies more prone to religious revivals …
Persistent link: https://www.econbiz.de/10013085059
With respect to the official thresholds of development in terms of GNI per capita, all developing countries have made …
Persistent link: https://www.econbiz.de/10012930499
Poverty traps occurs when agents fail to coordinate their actions to achieve the optimal allocation of resources. It is argued that this phenomenon makes economic convergence impossible and keeps agents in a poverty trap from which they cannot escape unless a massive and coordinated industrial...
Persistent link: https://www.econbiz.de/10012709223