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Development accounting literature usually attributes the observed cross-country variation in per capita income to differences in countries' factor endowments and total factor productivity (the Solow residual). While the former can be relatively straightforward interpreted and measured, the...
Persistent link: https://www.econbiz.de/10009781364
Randomized experiments have become a popular tool in development economics research and have been the subject of a … in theory and in practice. We argue that the main virtue of randomized experiments is that, owing to the close … evaluate. We discuss the concerns that have been raised regarding experiments and generally conclude that, although real, they …
Persistent link: https://www.econbiz.de/10008765259
This paper was prepared for the Angus Maddison Memorial conference, held in November 2010 at the International Institute of Social History in Amsterdam. The paper reflects on Angus Maddison's contributions to development economics. It focuses on the following issues: 1. quantification in...
Persistent link: https://www.econbiz.de/10010712285
Sixty years after its entry in academic circles, development economics has now been mainstreamed in economics. It has proven itself in placing articles in top economic journals, in mobilizing a vast membership of students and researchers, in receiving important financial contributions from...
Persistent link: https://www.econbiz.de/10011187681
In this brief text, we will try to discuss the problems of the Brazilian Economy and how these problems are affected by the globalization.
Persistent link: https://www.econbiz.de/10011113525
This paper was prepared for the Angus Maddison Memorial conference, held in November 2010 at the International Institute of Social History in Amsterdam. The paper reflects on Angus Maddison's contributions to development economics. It focuses on the following issues: 1. quantification in...
Persistent link: https://www.econbiz.de/10009195550
The origins of "capital fundamentalism' – the notion that physical capital accumulation is the primary determinant of economic growth – have been often ascribed to H arrod's and Domar's proposition that the rate of growth is the product of the saving rate and of the outpu t - capital ratio....
Persistent link: https://www.econbiz.de/10011592246
It is often claimed that entrepreneurship is indispensable for economic growth and development. These claims are mostly generated by scholars working in the field of entrepreneurship and management studies. In contrast, development economics scholars seem to be less concerned about...
Persistent link: https://www.econbiz.de/10010273517
Chinese real export growth decelerated considerably during the last decade. This paper argues that the slowdown largely resulted from China moving to a more sophisticated mix of exports: China produced more sophisticated goods over which it had pricing power instead of producing greater volumes...
Persistent link: https://www.econbiz.de/10012029811
Richard A. Musgrave (1910-2007) is remembered today as the American economist who established modern foundations for public finance theory in the middle of the twentieth century. His work as a tax expert in developing countries has received little historical scrutiny. Musgrave was the chief...
Persistent link: https://www.econbiz.de/10013259724