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In an influential paper Mankiw, Romer, and Weil (1992) argue that the evidence on the international disparity in levels of per capita income and rates of growth is consistent with a standard Solow model, once it has been augmented to include human capital as an accumulable factor. In a study on...
Persistent link: https://www.econbiz.de/10010427417
growth. We further demonstrate that banking market structure can be responsible for the emergence of development traps in …
Persistent link: https://www.econbiz.de/10010283571
This research explores the origins of the distribution of time preference across regions. It advances the hypothesis, and establishes empirically, that geographical variations in natural land productivity and their impact on the return to agricultural investment have had a persistent effect on...
Persistent link: https://www.econbiz.de/10011526704
The literature on aid effectiveness has focused more on recipient policies than the determinants of aid allocation yet a consistent result is that political allies obtain more aid from donors than non-allies. This paper shows that aid allocated to political allies is ineffective for growth,...
Persistent link: https://www.econbiz.de/10003775820
Persistent link: https://www.econbiz.de/10003863398
We investigate whether a causal interpretation of the robust association between cognitive skills and economic growth is appropriate and whether cross-country evidence supports a case for the economic benefits of effective school policy. We develop a new common metric that allows tracking...
Persistent link: https://www.econbiz.de/10003920009
literature doubts the ability of foreign aid to foster economic growth and development. This paper assesses the aid … to levels suggested by growth theory. Aid remains a key tool for enhancing the development prospects of poor countries …
Persistent link: https://www.econbiz.de/10008663071
theory. We conclude that aid remains an important tool for enhancing the development prospects of poor nations. -- Foreign …
Persistent link: https://www.econbiz.de/10003940407
Persistent link: https://www.econbiz.de/10008736763
doubt on the ability of foreign aid to foster economic growth and development. This paper assesses what meta-analysis has to …
Persistent link: https://www.econbiz.de/10008990905