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The growing body of literature devoted to study the impact of inequality on economic growth have centred its attention in the income distribution effect, even though the theoretical relationships are more related to assets distributions than to income distribution. While some recent studies have...
Persistent link: https://www.econbiz.de/10005483959
This paper uses historic data from Cundinamarca, Colombia to empirically assess the impact of land inequality persistence, inherited from the colonial rule, on economic development in the long run. Based on the Engerman & Sokoloff hypothesis and the use of GIS, I use plausible exogenous...
Persistent link: https://www.econbiz.de/10009145049
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Properties of GMM estimators for panel data, which have become very popular in the empirical economic growth literature, are not well known when the number of individuals is small. This paper analyses through Monte Carlo simulations the properties of various GMM and other estimators when the...
Persistent link: https://www.econbiz.de/10010547508
Properties of GMM estimators for panel data, which have become very popular in the empirical economic growth literature, are not well known when the number of individuals is small. This paper analyses through Monte Carlo simulations the properties of various GMM and other estimators when the...
Persistent link: https://www.econbiz.de/10005082668
Persistent link: https://www.econbiz.de/10010360148
Persistent link: https://www.econbiz.de/10014516202
Land reform has traditionally had two objectives: equity and productivity. Food insecurity and the need for agriculture to contribute to development emphasise the need to maintain and improve productivity while improving equitability. Land must foster production and agriculture must attract good...
Persistent link: https://www.econbiz.de/10005806918
Persistent link: https://www.econbiz.de/10005807148
Data collected in surveys of more than 700 Salvadoran households carried out in 1996 and 1998 are used in an econometric analysis of linkages between land and labor use. Particular emphasis is offered on how poor households allocated labor resources in response to the El Nino weather phenomenon...
Persistent link: https://www.econbiz.de/10005807773