A notable feature of post-World War II civil wars is their very long average duration. We provide a theory of the persistence of civil wars. The civilian government can successfully defeat rebellious factions only by creating a relatively strong army. In weakly institutionalized polities this...

This paper introduces endogenous and directed technical change in a growth model with environmental constraints. A unique final good is produced by combining inputs from two sectors. One of these sectors uses "dirty" machines and thus creates environmental degradation. Research can be directed...

E tanulmány egy olyan modellt mutat be, amelynek segítségével elemezni lehet a különböző politikai rendszerek gazdasági teljesítményét. Egy "oligarchikus" társadalom - amelyben a politikai hatalom a főbb termelők kezében van - védi a tulajdonjogokat, azonban jelentős belépési...

We extend the basic Schumpeterian endogenous growth model by allowing incumbents to undertake innovations to improve their products, while entrants engage in more "radical" innovations to replace incumbents. Our model provides a tractable framework for the analysis of growth driven by both entry...

A key question for Egypt's long-term economic and political prospects of is whether the "rent-seeking coalition" consisting of a network of National Democratic Party (NDP) members and military officers has been truly uprooted by the fall of Mubarak's regime. One possibility is that this network,...

Intro -- Contents -- Editorial -- Abstracts -- 1 Assessing Structural VARs -- 2 Volatility and Dispersion in Business Growth Rates: Publicly Traded versus Privately Held Firms -- 3 Do Taxes Explain European Employment? Indivisible Labor, Human Capital, Lotteries, and Savings -- 4 Fluctuating...

Intro -- Contents -- Acknowledgments -- The Idea for In 100 Years -- 1 The World Our Grandchildren Will Inherit -- 2 Through the Darkness to a Brighter Future -- 3 The Cone of Uncertainty of the Twenty-First Century's Economic Hurricane -- 4 Wealth and the Self-Protection Society -- 5 Keynes,...

While the importance of innovation to economic development is widely understood, the conditions conducive to it remain the focus of much attention. This volume offers new theoretical and empirical contributions to fundamental questions relating to the economics of innovation and technological...

Considering the examples of Australia and the Pacific Rim, Growth and Productivity in East Asia offers a contemporary explanation for national productivity that measures contributions not only from capital and labor, but also from economic activities and relevant changes in policy, education,...