Showing 1 - 10 of 88
I estimate the effect that growth in countries' GDP per capita has on the growth rate of infrastructure. In order to extract exogenous variation in GDP per capita growth, I use the growth of the international oil price multiplied with countries' GDP shares of oil net-exports as an instrumental...
Persistent link: https://www.econbiz.de/10013201226
I estimate the effect that growth in countries' GDP per capita has on the growth rate of infrastructure. In order to extract exogenous variation in GDP per capita growth, I use the growth of the international oil price multiplied with countries' GDP shares of oil net-exports as an instrumental...
Persistent link: https://www.econbiz.de/10012795873
Persistent link: https://www.econbiz.de/10011833384
In many western democracies, political parties with extreme platforms challenge more moderate incumbents. This paper analyses the impact of economic growth on the support for extreme political platforms. We provide a theoretical argument in favor of growth effects (as opposed to level effects)...
Persistent link: https://www.econbiz.de/10008788565
This paper shows that foreign aid has a signicant positive average effect on real per capita GPD growth if, and only if, the quantitatively large negative reverse causal effect of per capita GDP growth on foreign aid is adjusted for in the growth regression. Instrumental variables estimates...
Persistent link: https://www.econbiz.de/10008788567
We exploit the large inflow of immigrants to the US during the 1870-1920 period to examine the effects that changes in the cultural composition of the population of US counties had on output growth. We construct measures of fractionalization and polarization to distinguish between the different...
Persistent link: https://www.econbiz.de/10008788571
This paper exploits the significant positive response of the share of agricultural value added and GDP per capita growth to variations in the international prices for agricultural commodities and rainfall to construct instrumental variables estimates of the causal effect that changes in the size...
Persistent link: https://www.econbiz.de/10008873261
We analyze the joint dynamics of religious beliefs, scientific progress and coalitional politics along both religious and economic lines. History offers many examples of the recurring tensions between science and organized religion, but as part of the paper’s motivating evidence we also...
Persistent link: https://www.econbiz.de/10011262883
Major changes have occurred in the structure of former centrally planned economies, including a sharp rise in the share of services in GDP, employment and international transactions. However, large differences exist across transition economies with respect to services intensity and services...
Persistent link: https://www.econbiz.de/10005662114
This is an attempt to derive broad, strategic lessons from the diverse experience with economic growth in last 50 years. The paper revolves around two key arguments. One is that neo-classical economic analysis is a lot more flexible than its practitioners in the policy domain have generally...
Persistent link: https://www.econbiz.de/10005662151