In this article, we study the impact of an institutional intervention on market efficiency in Ethiopia. More specifically, we study whether regional warehouses that are connected to a national commodity exchange reduce transaction cost and price dispersion between regions. In order to identify...

Territorial cooperation, taken as collaboration "beyond national boundaries", among administrative bodies and/or political actors, generally offers the ground for functional cooperation towards problem-solving and challenge-tackling, along with the exploitation of the local and regional...

Slovakia is on route for searching its development model. It required courage to take bridge programs for invention, innovation and creativity. A new culture is created in relation to the third industrial revolution. It relies on the dispersion potential, universally available energy sources,...

This paper tests the effects of fertility on household structure and parental labor supply in rural China. To solve the endogeneity problem, we use a unique survey on households with twin children and a comparison group of non-twin households. The ordinary least squares estimates show a negative...

This paper exploits the unexpected decline of deaths from cardiovascular diseases since the 1970s as a large positive health shock that affected predominantly old-age mortality; i.e., the fourth stage of the epidemiological transition. Using a differences-in-differences estimation strategy, we...

This paper aims to formulate a concept of developmentalism from the Latin American historical reality. It's observed that the term qualifies manifold phenomena, in the past and in the present, without efforts on its delimitation. Thus, the concepts polysemy becomes ambiguity about its denotative...

Determinants of economic growth in Ghana are analysed using restricted vector autoregressive (VAR) model for the period 1975-2013. The empirical results reveal that GDP per capita in long-run is driven by export, oil and mineral rents while government consumption retard economic growth....

In poor countries, labor productivity in agriculture is considerably lower than in the rest of the economy. We assess whether this well known fact implies that labor is mis-allocated between the two sectors. We make several observations that suggest otherwise. First, the same fact holds for US...

We study the short-run effect of elections on monetary aggregates in a sample of 85 low and middle income democracies (1975-2009). We find an increase in the growth rate of M1 during election months of about one tenth of a standard deviation. A similar effect can neither be detected in...

This paper challenges established claims of comparable degrees of market integration in Europe and China on the eve of industrialization. Our empirical strategy focuses on the dynamics of price convergence and accounts for general equilibrium effects arising from common shocks and network...