Showing 1 - 10 of 802
This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial factors. An important distinction in this literature is the one between absolute and relative location. The literature on absolute location predominantly uses non-spatial...
Persistent link: https://www.econbiz.de/10011256152
In this paper, we take inspiration from Thomas Malthus' hypothesis that food shortage and hunger would remain "nature's last most dreadful resource" and that "the power of population is so superior to the power of the earth to produce subsistence for man, that premature death must in some shape...
Persistent link: https://www.econbiz.de/10008629996
This article investigates economic performance when enforceable property rights are missing and basic needs matter for consumption. It suggests a new view of the so-called voracity effect according to which windfall gains in productivity induce behavior that leads to lower economic growth....
Persistent link: https://www.econbiz.de/10009023975
The debate on the "curse of natural resources" is a topical issue in empirical research on;economic development. This paper examines the relationship between natural resources and growth rates in a cross-section of countries, by separately analyzing abundance of resources and dependence on...
Persistent link: https://www.econbiz.de/10009386527
The paper examines the influence of resource wealth on the nature of economic development of Kazakhstan. Despite active economic dynamics in the 2000s, the effect of resource abundance has a negative impact on the quality characteristics of modern economic growth in the country. Kazakhstan is...
Persistent link: https://www.econbiz.de/10010860861
In this paper, we take inspiration from Thomas Malthus' hypothesis that food shortage and hunger would remain "nature's last most dreadful resource" and that "the power of population is so superior to the power of the earth to produce subsistence for man, that premature death must in some shape...
Persistent link: https://www.econbiz.de/10010712304
In most poor countries, large majorities of the population live in rural areas and earn their livelihoods primarily from agriculture. Many rural people in the developing world are poor, and conversely, most of the world's poor people inhabit rural areas. Agriculture also accounts for a...
Persistent link: https://www.econbiz.de/10009642967
This article investigates economic performance when enforceable property rights are missing and subsistence needs matter. It shows that if per capita income is sufficiently high, a windfall gain in productivity triggers behavior that leads to higher growth (the normal reaction). The same shock...
Persistent link: https://www.econbiz.de/10010265685
This article investigates economic performance when enforceable property rights are missing and subsistence needs matter. It shows that if per capita income is sufficiently high, a windfall gain in productivity triggers behavior that leads to higher growth (the normal reaction). The same shock...
Persistent link: https://www.econbiz.de/10010301471
The hypothesis of the natural resource curse has captivated the economics profession, and since the mid-1990s has generated a large body of policymaking initiatives aimed at dispelling the curse. In this paper, we evaluate how the effect of resource abundance on economic growth has changed since...
Persistent link: https://www.econbiz.de/10010281737