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Distribution of natural resources, entrepreneurship and economic development: growth dynamics with two elites

Falkinger, Josef; Grossmann, Volker - 2005

This paper develops a model in which the interaction of entrepreneurial investments and power of the owners of land or other natural resources determines structural change and economic development. A more equal distribution of natural resources promotes structural change and growth through two...

Persistent link: https://www.econbiz.de/10010267484

Schooling, cognitive skills, and the Latin American growth puzzle

Hanushek, Eric Alan; Woessmann, Ludger - 2009

Economic development in Latin America has trailed most other world regions over the past four decades despite its relatively high initial development and school attainment levels. This puzzle can be resolved by considering the actual learning as expressed in tests of cognitive skills, on which...

Persistent link: https://www.econbiz.de/10010274178

Human capital, economic growth, and inequality in China

Heckman, James J.; Yi, Junjian - 2012

China's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled labor acquired before economic reforms began. As development proceeded, the demand for high skilled labor has grown, and, in the past decade, China has made substantial...

Persistent link: https://www.econbiz.de/10010282331

The great happiness moderation

Clark, Andrew E.; Flèche, Sarah; Senik, Claudia - 2012

This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced positive income growth over the last forty years, in particular in developed countries. This new stylized fact comes as an addition to the Easterlin paradox, which states that...

Persistent link: https://www.econbiz.de/10010287588

Are we there yet? Time for checks and balances on new institutionalism

Iyigun, Murat - 2012

New institutionalism has had considerable success during the last decade in shepherding the debate on sustained economic development. If the sociopolitical, legal and economic transformations in the Anglo-Saxon world in the last three decades prove anything, however, it is that the late Mancur...

Persistent link: https://www.econbiz.de/10010290007

Aggregation and the Estimated Effects of Local Economic Conditions on Health

Lindo, Jason M. - 2013

This paper considers the relationship between local economic conditions and health with a focus on different approaches … mortality and infant health and then consider how the estimated effects vary when the analysis is conducted at differing levels … downturns are associated with improved health. Further investigation reveals that county economic conditions have an independent …

Persistent link: https://www.econbiz.de/10010319534

The Effect of Health Changes and Long-Term Health on the Work Activity of Older Canadians

Au, Doreen; Crossley, Thomas F.; Schellhorn, Martin - 2004

Using longitudinal data from the Canadian National Population Health Survey (NPHS), we study the relationship between … health and employment among older Canadians. We focus on two issues: (1) the possible endogeneity of self-reported health …, particularly ?justification bias?, and (2) the relative importance of health changes and long-term health in the decision to work …

Persistent link: https://www.econbiz.de/10010262030

Health and Wealth of Elderly Couples : Causality Tests Using Dynamic Panel Data Models

Michaud, Pierre-Carl; van Soest, Arthur - 2004

A positive relationship between socio-economic status (SES) and health, the so-called "health-wealth gradient", is … repeatedly found in most industrialized countries with similar levels of health care technology and economic welfare. This study … analyzes causality from health to wealth (health causation) and from wealth to health (wealth or social causation) for elderly …

Persistent link: https://www.econbiz.de/10010262057

Healthy Living in Hard Times

Ruhm, Christopher J. - 2003

Using microdata for adults from the 1987-2000 years of the Behavioral Risk Factor Surveillance System, I show that smoking and height-adjusted weight decline during temporary economic downturns while leisure-time physical activity rises. The drop in tobacco use occurs disproportionately among...

Persistent link: https://www.econbiz.de/10010262072

Estimating the Effect of Income on Health and Mortality Using Lottery Prizes as Exogenous Source of Variation in Income

Lindahl, Mikael - 2002

A vast literature has established a strong positive association of income with health status and a negative association … with mortality. This paper studies the effects of income on health and mortality, using only the part of income variation … causally generates good health and that this effect is of similar magnitude as when traditional estimation techniques are used …

Persistent link: https://www.econbiz.de/10010262805