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and Taiwan achieved remarkable annual GDP growth. In these countries the overall economic performance was significantly … of indigenous firms, and export expansion of manufactured goods. Furthermore, fast economic growth and active state … examines the applicability of the development stage theory for explaining the growth dynamics of industrial production in Asian …
Persistent link: https://www.econbiz.de/10011409015
This paper examines whether growth regressions should incorporate dualism and structural change. If there is a … factor productivity. The paper develops empirical growth models that allow for this effect in a more flexible way than … labour can explain a significant fraction of the international variation in TFP growth. …
Persistent link: https://www.econbiz.de/10011451098
This paper focuses on the role of institutions in the fight against poverty and inequality. Our view of institutions encompasses formal rules designed by polity (including those in the legal and economics sphere such as rules of property rights, contracts and liabilities) as well as informal...
Persistent link: https://www.econbiz.de/10011514135
theoretical framework for the relationship between structural reforms, economic growth and income inequality. We argue that … and political constraints play crucial roles in determining the effectiveness of reforms on economic growth and income …
Persistent link: https://www.econbiz.de/10011780603
Existing climate-economy models use aggregate damage functions to model the effects of climate change. This approach assumes climate change has equal impacts on the productivity of firms that produce consumption and investment goods or services. We show the split between damage to consumption...
Persistent link: https://www.econbiz.de/10012796993
We show that the recent rise in Afghan opium production is caused by violent conflicts. Violence destroys roads and irrigation, crucial to alternative crops, and weakens local incentives to rebuild infrastructure and enforce law and order. Exploiting a unique data set, we show that Western...
Persistent link: https://www.econbiz.de/10003813626
convinced that higher growth would reduce income poverty to an acceptable margin, there appears to be little concrete policy … measures that one may offer so as to harness greater growth. Besides, the weight of the empirical evidence to date, if not … possibly rising inequality would ensure that a great many would fall through the cracks, and not benefit from high growth, even …
Persistent link: https://www.econbiz.de/10011400868
This paper studies empirically the effects of and the interactions amongst economic and political liberalizations. Economic liberalizations are measured by a widely used indicator that captures the scope of the market in the economy, and in particular of policies towards freer international...
Persistent link: https://www.econbiz.de/10011450308
This paper discusses the recent literature on the role of the state in economic development. It concludes that government incentives to enact sound policies are key to economic success. It also discusses the evidence on what happens after episodes of economic and political liberalizations,...
Persistent link: https://www.econbiz.de/10011450487
We develop a quantitative spatial equilibrium model with endogenous migration and remittance decisions within households to examine the joint effect of migration and remittances on economic development. We apply the model to internal migration in China. Counterfactual analysis of the calibrated...
Persistent link: https://www.econbiz.de/10014334396