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-agricultural households in Sub-Saharan Africa. We show that, similar to the effect of positive local weather shocks, the effect of a locally …
Persistent link: https://www.econbiz.de/10012623080
Investment in infrastructure is considered as a crucial prerequisite for economic development. Given the scarce … needed. This paper focuses on transport infrastructure in Africa. The effects of better and longer roads are investigated in …
Persistent link: https://www.econbiz.de/10010301547
We study the effect of international financial integration on economic development when the quality of governance may … follows: (1) corruption is always bad for economic development, but its effect is worse if the economy is open than if it is … closed; (2) the incidence of corruption may, itself, be affected by both the development and openness of the economy; (3 …
Persistent link: https://www.econbiz.de/10010295995
In their survey of the literature on ethnic fractionalization and economic performance, Alesina and La Ferrara (JEL 2005) identify two main directions for future research. One is to improve the measurement of diversity and the other to treat diversity as an endogenous variable. This paper tries...
Persistent link: https://www.econbiz.de/10010301482
This paper proposes a technique to decompose short-run fluctuations in the terms of trade. Using Ethiopia as an example, we decompose the commodity terms of trade into various components to measure the impact of price and volume shifts as well as export diversification. We use monthly data from...
Persistent link: https://www.econbiz.de/10010305962
elasticities of import demand for the nine African countries importing from the EU and Sub-Saharan Africa respectively. Second, we …
Persistent link: https://www.econbiz.de/10010301497
Differences in key features of the development process across rich and poor countries can provide clues to the sources … of economic development, nding that developed countries all followed the same process. In this paper, I compare …
Persistent link: https://www.econbiz.de/10010301726
This paper studies the effects of public research (publications) and innovation output (patents) on national economic growth with the help of a GMM panel regression including 114 countries. Effects on productivity growth and capital and labor inputs are distinguished. Furthermore, different time...
Persistent link: https://www.econbiz.de/10011301469
This paper makes two main contributions. First, we examine the long-run effect of foreign aid on domestic output for 59 developing countries using heterogeneous panel cointegration techniques to control for omitted variable and endogeneity bias and to detect possible cross-country differences in...
Persistent link: https://www.econbiz.de/10010270288
This paper interprets economic growth as a sequence of transitions between four growth regimes: crisis, stagnation, stable growth, and miracle growth. Countries experience distinct patterns of growth because they switch between the growth regimes with different frequencies. The aim of this paper...
Persistent link: https://www.econbiz.de/10010270295