Showing 1 - 10 of 212
Transport infrastructure has represented one of the cornerstones of development and cohesion strategies in the European … Union (EU) and elsewhere in the world. However, despite the considerable funds devoted to it, its impact remains … controversial. This paper revisits the question of to what extent transport infrastructure endowment -- proxied by regional …
Persistent link: https://www.econbiz.de/10011084543
Most conventional accounts of India’s recent economic performance associate the pick-up in economic growth with the …
Persistent link: https://www.econbiz.de/10005661925
Natural and agricultural resources for which there is a substantial black market, such as coca, opium, and diamonds, appear especially likely to be exploited by the parties to a civil conflict. On the other hand, these resources may also provide one of the few reliable sources of income in the...
Persistent link: https://www.econbiz.de/10005124245
Transport costs play a key role in agricultural markets in developing countries and are one of the causes of poverty amongst farmers that are geographically isolated. Another characteristic of agricultural markets is that they often involve interlinked transactions. However, the existing...
Persistent link: https://www.econbiz.de/10009324254
This paper is intended to make four main points that are relevant for previously planned economies in transition to a market economy. First, national output can be increased by reducing or eliminating relative price distortions through price reform and free trade and by thus enhancing...
Persistent link: https://www.econbiz.de/10005504204
factors in the world makes worldwide factor price equalization impossible, and leads countries to group in two diversification …
Persistent link: https://www.econbiz.de/10005504435
This Paper reviews the relationship between natural resource dependence and economic growth, and stresses how natural capital intensity tends to crowd out foreign capital, social capital, human capital, physical capital, and financial capital, thereby impeding economic growth across countries....
Persistent link: https://www.econbiz.de/10005504445
An unstable macroeconomic environment is often regarded as detrimental to economic growth. Among the sources contributing to such instability, the literature has assigned most of the blame to political issues. This paper empirically tests for a causal and negative long-term relationship between...
Persistent link: https://www.econbiz.de/10005504467
Empirical evidence seems to indicate that economic growth since 1965 has varied inversely with natural resource abundance across countries. This Paper proposes a linkage between abundant natural resources and economic growth, through saving and investment. When the share of output that accrues...
Persistent link: https://www.econbiz.de/10005504629
Privatization is shown to increase national economic output in a two-sector full-employment general-equilibrium model by enhancing efficiency as if a relative price distortion were being removed through price reform, trade liberalization, or stabilization. The static output gain from...
Persistent link: https://www.econbiz.de/10005504670