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Cultural diversity, geographical isolation, and the origin of the wealth of nations
Ashraf, Quamrul; Galor, Oded - 2012
This research argues that variations in the interplay between cultural assimilation and cultural diffusion have played a significant role in giving rise to differential patterns of economic development across the globe. Societies that were geographically less vulnerable to cultural diffusion...
Persistent link: https://www.econbiz.de/10010282579
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Cultural Diversity, Geographical Isolation, and the Origin of the Wealth of Nations
Ashraf, Quamrul; Galor, Oded - Institute for the Study of Labor (IZA) - 2012
This research argues that variations in the interplay between cultural assimilation and cultural diffusion have played a significant role in giving rise to differential patterns of economic development across the globe. Societies that were geographically less vulnerable to cultural diffusion...
Persistent link: https://www.econbiz.de/10009646291
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Population growth and multiple equilibria: Inferences from a modified Ramsey model
Lehmijoki, Ulla - 2011
The demographic transition is introduced into the otherwise standard Ramsey model to generate multiple equilibria, poverty traps, and demography-driven cycles. The model is calibrated for global data to explore the demographic conditions under which multiplicity is realized. Three cases arise,...
Persistent link: https://www.econbiz.de/10010274561
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Are the East African Community's Countries Ready for a Common Currency?
Kigabo-Rusuhuzwa, Thomas; Heshmati, Almas - 2022
This paper investigates the East African Community (EAC) partner states' readiness for a common currency. It uses recent data to assess the impact of policy coordination in the region during the last seven years of East African Monetary Union's protocol implementation. Despite some similarities...
Persistent link: https://www.econbiz.de/10013351749
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Growth, history, or institutions? What explains state fragility in sub-Saharan Africa
Bertocchi, Graziella; Guerzoni, Andrea - 2010
We explore the determinants of state fragility in sub-Saharan Africa. Controlling for a wide range of economic …
Persistent link: https://www.econbiz.de/10010269665
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Growth, colonization, and institutional development: In and out of Africa
Bertocchi, Graziella - 2011
This essay investigates the determinants of the growth performance of Africa. I start by illustrating a broader … institutional development. After reporting results from standard growth regressions, I analyze the role of Africa's peculiar history … influence, in and out of Africa, of the slave trades. The essay ends with critical conclusions and suggestions for further …
Persistent link: https://www.econbiz.de/10010278552
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Growth, History, or Institutions? What Explains State Fragility in Sub-Saharan Africa
Bertocchi, Graziella; Guerzoni, Andrea - Institute for the Study of Labor (IZA) - 2010
We explore the determinants of state fragility in sub-Saharan Africa. Controlling for a wide range of economic …
Persistent link: https://www.econbiz.de/10008529151
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Growth, Colonization, and Institutional Development: In and Out of Africa
Bertocchi, Graziella - Institute for the Study of Labor (IZA) - 2011
This essay investigates the determinants of the growth performance of Africa. I start by illustrating a broader … institutional development. After reporting results from standard growth regressions, I analyze the role of Africa’s peculiar history … influence, in and out of Africa, of the slave trades. The essay ends with critical conclusions and suggestions for further …
Persistent link: https://www.econbiz.de/10009216756
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Sectoral Structure and Entry Regulations
Messina, Julián - 2003
The sectoral allocation of labor differs considerably across developed economies, even in the presence of similar patterns of structural change. A general equilibrium model that captures the stylized facts of structural change is presented. In this framework, economy-wide barriers to entry...
Persistent link: https://www.econbiz.de/10010262715
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Structural change out of agriculture: labor push versus labor pull
Alvarez-Cuadrado, Francisco; Poschke, Markus - 2009
The process of economic development is characterized by substantial rural-urban migrations and a decreasing share of agriculture in output and employment. The literature highlights two main engines behind this process of structural change: (i) improvements in agricultural technology combined...
Persistent link: https://www.econbiz.de/10010269344