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Mortality Rate and Property Rights in a Model with Human Capital and R&D

Sequeira, Tiago - EconWPA - 2004

We use a set of established growth models, which simultaneously include human capital and R&D, to show that the effect of mortality rate in human capital accumulation is quantitatively more important than the effect of perfectly guaranteed patents on research. First, we show that the effect of...

Persistent link: https://www.econbiz.de/10005407750

Inequality, Growth, and Overtaking

Sugimoto, Yoshiaki - EconWPA - 2005

This research develops a theory about the role of within-country income inequality leading to overtaking in economic performance among countries. The theory captures two opposing effects of inequality on factor accumulation and suggests that the qualitative change in their combined effect is a...

Persistent link: https://www.econbiz.de/10005556070

Counting chickens when they hatch: The short-term effect of aid on growth

Clemens, Michael A.; Radelet, Steven; Bhavnani, Rikhil - EconWPA - 2004

recipient's level of income or quality of institutions and policies; we find that short-impact aid causes growth, on average … with stronger institutions or longer life expectancies (better health). We also find a significant negative relationship …

Persistent link: https://www.econbiz.de/10005408143

THE ECONOMIC CONSEQUENCES OF A WEAK JUDICIARY: INSIGHTS FROM INDIA

Koehling, Wolfgang - EconWPA - 2002

This paper examines the empirical relationship between the quality of the Indian judiciary and the economic development of the Indian States and Union Territories. It evaluates this causality by analysing the development of the state-level per capita income and poverty rates. I define the...

Persistent link: https://www.econbiz.de/10005412513

EFFICIENCY OF INSTITUTIONS, POLITICAL STABILITY AND INCOME DYNAMICS

Carmignani, Fabrizio - EconWPA - 2005

In a simple theoretical framework, the quality of institutions affects individual’s investment decisions, and hence … income levels and distribution. When institutions deteriorates and inequalities increase, the incumbent undertakes … redistributive taxation to maintain political support. The quality of institutions and the extent of redistribution depend on the …

Persistent link: https://www.econbiz.de/10005412490

Finance, Technology and Inequality in Economic Development

Horii, Ryo; Ohdoi, Ryoji; Yamamoto, Kazuhiro - EconWPA - 2005

This paper presents an overlapping generations model with technology choice and credit market imperfections, in order to investigate a possible source of underdevelopment. The model shows that a better financial infrastructure that provides stronger enforcement of contracts facilitates the...

Persistent link: https://www.econbiz.de/10005118853

From Stagnation to Growth: Unified Growth Theory

Galor, Oded - EconWPA - 2004

This chapter examines the process of development from an epoch of Malthusian stagnation to a state of sustained economic growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of income per capita, technology, and population over the course...

Persistent link: https://www.econbiz.de/10005062763

Tectonic shifts in the structures of international inequality?

TAUSCH, Arno - EconWPA - 2005

The article analyses further develops the neo-dependency approach already presented by the same author and looks at recent time series trends in the structure of international capital penetration, international savings, and the dynamics of “unequal transfer” and their effects on social...

Persistent link: https://www.econbiz.de/10005556011

Unified Growth Theory

Galor, Oded - EconWPA - 2005

Persistent link: https://www.econbiz.de/10005556052

Income Distribution and the Size of the Informal Sector

Winkelried, Diego - EconWPA - 2005

This paper studies the role of income distribution as a determinant of the size of the informal sector in an economy by relying on a channel whereby inequality affects the behaviour of aggregate demand and thus influences the incentives a firm has to become informal. It is further postulated...

Persistent link: https://www.econbiz.de/10005118800