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Using data for 160 countries for the period 1963-2001, this paper examines the short-run relationship between economic growth and changes in national leaders. To address the potential endogeneity of economic growth, I use exogenous variation in commodity export prices, export partner incomes,...
Persistent link: https://www.econbiz.de/10013125005
We study the economic structure of the life of Harry Potter and his co-actors as an economic model that governs the social organization of their economic activities. Our goal is to study and understand the internal consistency of the Potterian economic model and explore the relationships between...
Persistent link: https://www.econbiz.de/10013043795
Using data for 160 countries for the period 1963-2001, this paper examines the short-run relationship between economic growth and changes in national leader. To address the potential endogeneity of economic growth, I use exogenous variation in commodity export prices, export partner incomes,...
Persistent link: https://www.econbiz.de/10009643256
This paper analyzes the political economy of redistribution between two income groups in a dynamic economy and provides theoretical linkages between lobbying activities, income distribution and growth. It explains why the relationship between redistribution and growth is non-monotonic. Moreover,...
Persistent link: https://www.econbiz.de/10014068613
In this paper, we review the role of the political economy in inclusive growth. We find that political economy forces on the demand and supply side have weakened redistribution over time and contributed to a new wave of populism. We document growing support for a rethink of the social contract...
Persistent link: https://www.econbiz.de/10013302782
This paper analyzes an endogenous growth model in which individuals differ in their initial capital endowment and determine their optimal labor supply. The provision of government productive services is financed by a tax rate on labor income. Optimal taxes are endogenously decided by the...
Persistent link: https://www.econbiz.de/10005690070
The relationship between decentralization and economic growth is generally studied from a perspective stressing universal or quasi-universal regularities across countries. That approach has generated many insights but seems to reach its limits. The paper explains why it allows contrasting...
Persistent link: https://www.econbiz.de/10010674660
We study the economic structure of the life of Harry Potter and his co-actors as an economic model that governs the social organization of their economic activities. Our goal is to study and understand the internal consistency of the Potterian economic model and explore the relationships between...
Persistent link: https://www.econbiz.de/10011171394
We study the economic structure of the life of Harry Potter and his co-actors as an economic model that governs the social organization of their economic activities. Our goal is to study and understand the internal consistency of the Potterian economic model and explore the relationships between...
Persistent link: https://www.econbiz.de/10011108988
For economies in transition, the issues of property rights protection provided by the state and implications for economic performance are very important. The paper develops an endogenous growth theory model with incomplete capital markets and the level of public protection of property rights...
Persistent link: https://www.econbiz.de/10005114189