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consumption growth by 13%. We also find that violence afflicted on household members decreases growth whereas membership of rebel … temporarily famine-induced migration and illness decrease growth while good harvests, more split-offs and higher initial levels of … education increase it. Good harvests are found to have persistent positive effects on growth. Our results are robust for …
Persistent link: https://www.econbiz.de/10010598756
per capita incomes, slow economic growth and geographic conditions favoring insurgency are the factors most robustly … to the economic legacies of war, we frame the literature in terms of neoclassical economic growth theory. Emerging …
Persistent link: https://www.econbiz.de/10011131800
per capita incomes, slow economic growth and geographic conditions favoring insurgency are the factors most robustly … to the economic legacies of war, we frame the literature in terms of neoclassical economic growth theory. Emerging …
Persistent link: https://www.econbiz.de/10004992768
Wer nur an die Marktwirtschaft glaubt, ist abergläubisch, stellte der katholische Theologe Hans Küng vor einigen Jahren in einem Beitrag „Ökonomie und Theologie“ für Studenten der Wirtschaftswissenschaften fest. Soziale Marktwirtschaft, so ließe sich fortfahren, schützt vor diesem...
Persistent link: https://www.econbiz.de/10010291707
Sub-Saharan Africa has been characterised by low-income levels for decades. This paper analyses the impact of economic globalisation and democracy on income in sub-Saharan Africa using panel cointegration techniques. The paper considers a composite indicator for economic globalisation and...
Persistent link: https://www.econbiz.de/10010305611
Combining different new approaches to human behavior in neuroeconomics, the cognitive sciences and institutional economics, this paper sketches the fundamentals of a naturalistic theory of economic order. In this endeavour, the argument follows the track laid down by Hayek's comprehensive...
Persistent link: https://www.econbiz.de/10010307558
While people in democracies can vote their government out when they are discontent with its policies, those in dictatorships cannot do so. They can only attempt to expel the dictator via mass protests or revolutions. Based on a general cause-and-effect mechanism, the author analyzes whether such...
Persistent link: https://www.econbiz.de/10010307605
Improvement of transportation has contributed to tourism expansion. Indeed tourism implies mobility and mobility needs transportation. Furthermore, transportation links the various destinations and people, goods, and services. The link between HSR services and tourism has been investigated only...
Persistent link: https://www.econbiz.de/10011397274
We introduce the notion of a stone age equilibrium to study societies in which property rights are absent, bilateral exchange is either coercive or voluntary, and relative strength governs power relations in coercive exchange. We stress the importance of free disposal of goods which allows for...
Persistent link: https://www.econbiz.de/10010325690
Are high-ability individuals more likely to quit egalitarian regimes? Does the threat of exit by talented individuals restrict the redistributive capacity of democratic organizations? This paper revisits that long-standing debate by analyzing the interplay between compensation structure and quit...
Persistent link: https://www.econbiz.de/10010329014