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I review the literature on the effects of inequality on growth and development in the developing world. Two stylized … facts emerge from empirical studies: inequality is more likely to harm growth in countries at low levels of income (below … about $3200 per capita in 2000 dollars); and it is at high levels of inequality (at or above a Gini coefficient of .45) that …
Persistent link: https://www.econbiz.de/10005162630
International migration is an important determinant of institutions, not considered so far in the development … emigration (as measured by the natives' average emigration rate) has a positive effect on home-country institutional development … regressions.Keywords: Migration; Institutions; Democracy; Development. …
Persistent link: https://www.econbiz.de/10014000818
Education as an investment has competitive investment assets to which is compared usually by the respective return rates, that crucially depend on institutional quality. High returns to education depend on education quality whereas returns to rent seeking are basically determined by the quality...
Persistent link: https://www.econbiz.de/10011107076
The data analysis on education, institution and growth shed further light on the limitations to empirical research as well as provide patterns that may be a useful reference for it. Firstly, carrying out Cluster Analysis similar-country grouping is obtained, and unsurprisingly, it is shown that...
Persistent link: https://www.econbiz.de/10011107077
Central to the scientific debate about the 'informal sector' and the validity of the concept used to be a twofold challenge. The crux laid not only in the objective to explain the widely visible persistence of the informal economy in developing countries, but also in the identification of its...
Persistent link: https://www.econbiz.de/10010487866
Central to the scientific debate about the 'informal sector' and the validity of the concept used to be a twofold challenge. The crux laid not only in the objective to explain the widely visible persistence of the informal economy in developing countries, but also in the identification of its...
Persistent link: https://www.econbiz.de/10010487530
Central to the scientific debate about the 'informal sector' and the validity of the concept used to be a twofold challenge. The crux laid not only in the objective to explain the widely visible persistence of the informal economy in developing countries, but also in the identification of its...
Persistent link: https://www.econbiz.de/10011198404
, intermediate and proximate causes of growth and development. …
Persistent link: https://www.econbiz.de/10010856392
those countries. Economic growth during 1995-2006 is regressed against poverty, inequality and human development variables … most cases. Through a series of cross-country regressions, using OLS models, the paper assesses the type of development in …. The main findings are that growth did not reduce poverty and that income inequality, measured as a reduction of Gini …
Persistent link: https://www.econbiz.de/10005449531
This paper tests the hypothesis that international migration experiences may promote better institutions at home by raising the demand for political accountability. In order to examine this question, we use a simple postcard voting experiment designed to capture the population's desire for...
Persistent link: https://www.econbiz.de/10010271802