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discussed to determine significant service activities. Wholesale and retail trade, tourism and travel-related activities …
Persistent link: https://www.econbiz.de/10009781188
reviews industrial and trade policies, macroeconomic stabilization and institutional development in Latin American countries …
Persistent link: https://www.econbiz.de/10011495369
We analyze investment decisions when information is costly, with and without delegation to an agent. We use a rational-inattention model and compare it with a canonical signal-extraction model. We identify three "investment conditions". In "sour" conditions, no information is acquired and no...
Persistent link: https://www.econbiz.de/10011667675
Exiting the middle-income trap entails costly improvements in state capacity. That deep economic integration induces powerful actors to support increasing state capacities remain underresearched. Here we ask: Under what conditions can deep economic integration yield increases in state capacity?...
Persistent link: https://www.econbiz.de/10011865849
microdata. We find that invention and manufacturing developed similarly in cities closer to and farther from universities in the …
Persistent link: https://www.econbiz.de/10013259699
migration impacted rural economic development in the regions that received a larger number of SDY per capita relative to regions …
Persistent link: https://www.econbiz.de/10014525019
systematically larger along the pre-Islamic trade routes in the Old World. The theory argues that this particular type of geography … economic performance. It suggests that the unequal distribution of land endowments conferred differential gains from trade …, capital accumulation remained low and wealth inequality bounded. Geography and trade shaped the set of economically relevant …
Persistent link: https://www.econbiz.de/10008729038
This study explores the interaction between trade and geography in shaping the Islamic economic doctrine and in turn … presence of trade opportunities conferred differential gains from trade across regions, fostering predatory behavior from the … redistribution featuring direct income transfers in return for safe passage to conduct trade. A commitment problem, however, rendered …
Persistent link: https://www.econbiz.de/10011716022
systematically larger along the pre-Islamic trade routes in the Old World. The theory argues that this particular type of geography … economic performance. It suggests that the unequal distribution of land endowments conferred differential gains from trade …, capital accumulation remained low and wealth inequality bounded. Geography and trade shaped the set of economically relevant …
Persistent link: https://www.econbiz.de/10011737871
This research extends simple two-sector models in order to inquire the impact of the extent of coverage or enforcement of minimum wage legislation in one of the sectors on the equilibrium outcome. Two versions of institutional wage avoidance are presented. They may be seen as representing...
Persistent link: https://www.econbiz.de/10011524841