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two views. Property rights do affect development as suggested by the PoI. However, democracy is mainly an effect of …
Persistent link: https://www.econbiz.de/10010273104
There has been a wide debate on whether democracy actually has an effect on economic outcomes, and especially on … variables estimation.Our results demonstrate that the effect of democracy on trade is underestimated using Ordinary Least … (1996) which suggest that the effects of democracy for economic growth are not uniform for all countries …
Persistent link: https://www.econbiz.de/10013023504
Using an improved definition and indicator of growth accelerations, we examine whether political regimes, regime changes, and economic reform are related to growth accelerations. Our results show that economic growth accelerations are preceded by economic reforms. Furthermore, we find that...
Persistent link: https://www.econbiz.de/10012756913
Why are socially beneficial reforms not implemented? One simple answer to this question (which has received little attention in the literature) is that this may be caused by generalized uncertainty about the effectiveness of reforms. If agents are unsure about whether a proposed reform will...
Persistent link: https://www.econbiz.de/10013317203
This paper analyses macroeconomic aspects of exit from aid-dependence. By 'exit from aid', we mean substantial and enduring decline over time in Official Development Assistance (ODA) as a share of Gross Domestic Product (GDP). The relevant macroeconomic variables are identified by systematically...
Persistent link: https://www.econbiz.de/10010293266
This research explores the economic causes and consequences of language structures. It advances the hypothesis and establishes empirically that variations in pre-industrial geographical characteristics that were conducive to higher return to agricultural investment, larger gender gap in...
Persistent link: https://www.econbiz.de/10011584694
Persistent link: https://www.econbiz.de/10011956950
This paper investigates how the sector-specific source or the changing sectoral composition of labor productivity has contributed to Ø-convergence, using a newly constructed eightsector database. The main findings are twofold. First, both within and sectoral reallocation have become important...
Persistent link: https://www.econbiz.de/10013191630
This paper discusses social protection initiatives in the context of developing countries and explores the opportunities they present for promoting a gender-equality agenda and women's empowerment. The paper begins with a brief introduction on the emergence of social protection (SP) and how it...
Persistent link: https://www.econbiz.de/10010318669
Chile, in the last 15 years, has shown remarkable results in terms of growth, poverty reduction and democratic governance. This paper reviews the structural changes that were behind these positive outcomes, as well as the pending challenges for Chile’s development. Also shows that Chile did...
Persistent link: https://www.econbiz.de/10010284709