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Africa's economic history since 1960 fits the classical definition of tragedy: potential unfulfilled with disastrous consequences. The authors use one mehthodology - cross-country regressions - to account for sub-Saharan Africa's growth performance over the past 30 years and to suggest policies...
Persistent link: https://www.econbiz.de/10005134244
Lederman and Maloney examine the empirical relationships between trade structure and economic growth, particularly the influence of natural resource abundance, export concentration, and intra-industry trade. They test the robustness of these relationships across proxies, control variables, and...
Persistent link: https://www.econbiz.de/10005141436
Is there a correlation between productivity and product variety? Certainly it appears that the rich countries are more productive and have more product variety than the poor nations. In fact, the relationship is quite strong when measured in levels. Does this same correlation hold up when...
Persistent link: https://www.econbiz.de/10005116245
The authors rely on a series of growth accounting exercises to determine whether the growth rate of total factor productivity (TFP) or the unexplained portion of GDP growth (after controlling for the accumulation of capital per worker) in 18 Latin American and Caribbean economies has benefited...
Persistent link: https://www.econbiz.de/10005079667
Development of the western region is vital to the balanced growth of China. The author studies the impacts of infrastructure investment that may most efficiently alleviate the burden of geographical remoteness of the West. Having constructed the ?adjusted distance? to approximate the transport...
Persistent link: https://www.econbiz.de/10005116152
and national accounts growth rates under varying assumptions for growth rates and inequality changes. To this end the …
Persistent link: https://www.econbiz.de/10005116455
In research on how population growth affects economic performance, some researchers stress that population growth reduces the natural resources and capital (physical and human) per worker while other researchers stress how greater population size and density affect productivity. Despite these...
Persistent link: https://www.econbiz.de/10005116703
turns out not to be a fact at all. Growth's effects on inequality can go either way and are contingent on several other … inequality. Possibly measurement errors confound the true relationship, but they think it more likely that the relationship … process will tend to be lower, the higher the extent of initial inequality. A smaller share of total income must imply a …
Persistent link: https://www.econbiz.de/10004989855
Vietnam grew rapidly in the 1990s, and yet by many measures it has poor economic institutions. Dollar seeks to explain this apparent anomaly. Between the 1980s and 1990s Vietnam carried out significant economic reforms, notably stabilization, the introduction of positive real interest rates,...
Persistent link: https://www.econbiz.de/10005128625
The authors investigate recent rends in poverty, and inequality in China, decomposing data on poverty reduction to see … attributable to Asia's economic crisis. Economic growth contributed significantly to poverty reduction, but rising inequality … problem if it is to succeed in attacking poverty, and inequality. …
Persistent link: https://www.econbiz.de/10005128877