This paper throws new light on the relationship between income and democracy. Using data for 162 countries over 1960 …-2018, we show that the causal relationship between political and economic development is U-shaped: "intermediate" political … support. These findings are robust to, among others, using night-lights instead of GDP, different democracy measures and …

the course of economic development from the dawn of human civilization to the contemporary era. It advances and … long-lasting effect on the pattern of comparative economic development that could not be captured by contemporary … a hump-shaped effect on development outcomes in the pre-colonial era, reflecting the trade-off between the beneficial …

In recent years, the private sector has been recognized as a key engine of Africa's economic development. Yet, the most … countries, although the variation in its size does not appear to be significantly correlated with growth performance. Labor … African economies. -- private sector size ; private sector development ; private consumption ; private investment ; national …

development until countries reach upper-middle income, and only thereafter falls. This note quantifies the shape of the mobility …

individual beliefs, social norms and informal cultural organizations. -- institutions ; economic growth ; development … economic development. If the sociopolitical, legal and economic transformations in the Anglo-Saxon world in the last three … institutions are highly malleable even in advanced economies, while sustained economic growth could well be deep rooted in …

This paper provides an overview of the state of the art of the intersection of development economics and … entrepreneurship. Given the relative neglect of entrepreneurship by development scholars it deals with (i) recent theoretical insights … from the intersection of entrepreneurship and development studies; (ii) the empirical evidence on the relationship between …

happiness. For some countries their estimated growth rates of happiness and GDP are not trend rates, but those observed in … cyclical expansion or contraction. Mixing these short-term with long-term growth rates shifts a happiness-GDP regression from a …

This paper investigates the long-term consequences of mass refugee inflow on economic development by examining the … initial level of development across localities. The long-run beneficial effects appear to arise from agglomeration economies … refugees, which fostered early industrialization and economic growth. …

Women's rights and economic development are highly correlated. Today, the discrepancy between the legal rights of women … women had few rights before economic development took off. Is development the cause of expanding women's rights, or … conversely, do women's rights facilitate development? We argue that there is truth to both hypotheses. The literature on the …

other natural resources determines structural change and economic development. A more equal distribution of natural … resources promotes structural change and growth through two channels: First, by weakening oligopsony power of owners and thereby … evidence on transition economies. -- credit constraints ; distribution ; economic development ; entrepreneurship ; institutions …