Chapter 3 of the book Greece From exit to recovery?, Brookings Institution Press 2014, investigates the relationship between key aspects of the institutional environment, infrastructure, and qualitative aspects of the education system. A literature review is paired with the examination of key...

Economists, mathematicians, statistics specialists have given rise to an actual theory of economic growth that makes up the background for the interdisciplinary theory of economic modeling, by founding and drawing up static or dynamic models, economic-mathematical or economic-environmental...

A large theoretical and empirical literature has focused on the impact of financial deepening on economic growth throughout the world. This paper contributes to the literature by investigating whether this impact differs across regions, income levels, and types of economy. Using a rich dataset...

This paper deals with the interlinkages between religious beliefs and practices and the economic growth and development of a particular country or region. In the paper I have reviewed some empirical work carried out in the recent times to explain the relationship between religion and growth. I...

Proponents of trade liberalization routinely defend international trade institutions as engines of economic growth that benefit everyone. How trade proponents justify trade institutions matters because their justificatory rhetoric leads to certain policy conclusions about whether it is...

I show that the evolution of cross-country incomes is characterized by global divergence. To do this, the sample of non-mainly-petroleum-exporting countries having market economies during the period 1960-1997 is divided into five clusters of countries by a regression clustering algorithm...

We use aggregate GDP data and within-country income shares for the period 1970-1998 to assign a level of income to each person in the world. We then estimate the gaussian kernel density function for the worldwide distribution of income. We compute world poverty rates by integrating the density...

Short run gravity is a geometric weighted average of long run gravity and bilateral capacity. The model features (i) joint trade costs endogenous to bilateral volumes, (ii) long run gravity as a limiting case of effcient investment in bilateral capacities, (iii) a structural ratio of short run...