Showing 1 - 10 of 141
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
This paper attempts to make an evaluation of the programs implemented or under implementation for the protection of biodiversity. Beyond the national interest, Romania must respect international agreements (Convention of Biological Diversity, Birds Directive, Habitats Directive, EU Biodiversity...
Persistent link: https://www.econbiz.de/10012290091
We present a simple model that illustrates how democracy may improve the quality of economic institutions. The model … further suggests that institutional quality varies more across autocracies than across democracy and that the positive effect … of democracy on institutional quality is increasing in people's human capital. Using a new panel data set, covering 140 …
Persistent link: https://www.econbiz.de/10012099069
We study the spatial distribution of the effect of oil and gas revenues on Brazilian municipalities, using variations … in the international prices of oil and gas to establish causality. Oil and gas revenues increase economic activity …, measured by night-time light emissions, in oil-producing municipalities but impose negative spill-overs on neighbouring …
Persistent link: https://www.econbiz.de/10012287900
This paper shows how colonial powers permanently shaped the pattern of Chinese cities through the establishment of Concessions - foreign enclaves within Chinese cities. Based on a sample of 130 city districts within 10 Chinese cities, we find that districts with Concessions have higher land...
Persistent link: https://www.econbiz.de/10012099167
We study how natural-resource rents a ffect the risk of internal conflict within countries and how the federal structure of countries influences this relationship. Natural-resource abundance may induce excessive rent-seeking and thus increase the risk of internal conflict. Fiscal and political...
Persistent link: https://www.econbiz.de/10010329454
The basis of regenerative agriculture is represented by its main element, namely the soil. Ensuring good soil health will lead to many beneficial effects on agricultural ecosystems. Among the main beneficial effects of soil health we can list the management of groundwater resources and...
Persistent link: https://www.econbiz.de/10013346280
We study the role of competition for the hold-up problem in foreign direct investment in resource-based industries. The host country government is not only unable to commit not to expropriate investment ex post, but is also unable to commit to the provision of local resources. In the case of...
Persistent link: https://www.econbiz.de/10010396691
We examine whether and under which circumstances World Bank projects and IMF programs affect the likelihood of major government crises. Using a sample of more than 90 developing countries over the period 1970-2002, we find that crises are on average more likely in the presence of Bank and Fund...
Persistent link: https://www.econbiz.de/10010301454
It is often argued that a saticfactory institutional quality is prerequi- site for successfull financial integration. This paper analyzes the influence of financial integration on institutional quality. We construct a dynamic politico-economic model in which the ruling elite uses its political...
Persistent link: https://www.econbiz.de/10010301478