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The paper reconsiders the theory of fiscal federalism in a framework inspired by property-rights theory. We set up a two-period model where on a first stage a region in a federation can expend value-enhancing investments into a public project. The project can be implemented on a second stage,...
Persistent link: https://www.econbiz.de/10011538721
This paper presents a new Multidimensional Poverty Index (MPI) for 104 developing countries. It is the first time multidimensional poverty is estimated using micro datasets (household surveys) for such a large number of countries which cover about 78 percent of the world's population. The MPI...
Persistent link: https://www.econbiz.de/10010305597
Information and communication technology (ICT) is considered a significant factor in economic growth and development. Over the past two decades, scholars have studied the impact of ICT on economic growth, but there has been little research that has addressed the impact of ICT on human...
Persistent link: https://www.econbiz.de/10013199866
the UNDP's HDI. A sustained improvement in African human development is found that falls, nonetheless, short of those …
Persistent link: https://www.econbiz.de/10012669358
How has wellbeing evolved over time and across regions? How does the West compare to the Rest? What explains their differences? These questions are addressed using an historical index of human development. A sustained improvement in wellbeing has taken place since 1870. The absolute gap between...
Persistent link: https://www.econbiz.de/10012669384
Information and communication technology (ICT) is considered a significant factor in economic growth and development. Over the past two decades, scholars have studied the impact of ICT on economic growth, but there has been little research that has addressed the impact of ICT on human...
Persistent link: https://www.econbiz.de/10012619266
development (human development index, HDI) using generalized estimation equations and accounted for the unit interval property … of 2,568 observations from 135 countries for 1990-2019, we found a strong and positive effect of IDP on HDI. Thus, there … is a nexus between IDP and human development. The 4% elasticity of the IDP, confirms the broader scope of the HDI than …
Persistent link: https://www.econbiz.de/10013263008
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