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Persistent link: https://www.econbiz.de/10011414627
This paper studies the effect of oil discoveries on economic growth in Brazilian municipalities for the period from 1940 to 2000. It uses a unique identification strategy which exploits data on the drilling of approximately 20,000 oil wells in Brazil since oil explorations began in the country....
Persistent link: https://www.econbiz.de/10011504419
We examine the impact of natural disasters on economic growth by applying a synthetic control approach. In contrast to previous literature, we adopt a within-country perspective, which allows us to use richer and more comparable data and to better define the geographic area hit by the disaster....
Persistent link: https://www.econbiz.de/10011543882
This paper is an attempt to explain variations across EU regions in productivity growth and takes into consideration the important structure of the age-productivity relation of Human Capital. The study is fundamentally based on the theory of Fingleton's model which analyses the spatial process...
Persistent link: https://www.econbiz.de/10011479474
be signaling the relevance of good institutions in the process of development, in particular in what relates to economic …
Persistent link: https://www.econbiz.de/10011515023
This contribution is motivated by two stylized observations, the slowdown in growth, and a simultaneous income polarization in many advanced economies. While mainstream neoclassical and endogenous growth theory cannot sufficiently explain the nexus, we argue that the demand side plays a role. We...
Persistent link: https://www.econbiz.de/10012287662
The balance of payments can act as a constraint to the rate of growth of output, on putting a limit to the growth in the level of demand to which supply can adapt. This effect might be even stronger for regional economies, presumably more integrated among them. In this paper, we examine this...
Persistent link: https://www.econbiz.de/10012655136
The upward sloping trend of rents and house prices has initiated a debate on the consequences of surging housing costs for wealth inequality and welfare. We employ a frictionless two-sectoral macroeconomic model with a housing sector to investigate the dynamics of wealth inequality and the...
Persistent link: https://www.econbiz.de/10012310716
Persistent link: https://www.econbiz.de/10013168381
institutions affecting entrepreneurship was based on creation and analysis of institutional profiles comprising of four pillars … essential to understand the emergence of entrepreneurship - regulative, cognitive, normative and conducive dimensions. Our … in development of regulative attributes as well as in conducive dimension crucial for innovative entrepreneurship …
Persistent link: https://www.econbiz.de/10012230810