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Institutions, Human Capital and Development

Acemoglu, Daron; Gallego, Francisco A.; Robinson, James Alan - 2016

In this paper we revisit the relationship between institutions, human capital and development. We argue that empirical models that treat institutions and human capital as exogenous are misspecified both because of the usual omitted variable bias problems and because of differential measurement...

Persistent link: https://www.econbiz.de/10013006662

Institutions Rule : The Primacy of Institutions Over Geography and Integration in Economic Development

Rodrik, Dani; Subramanian, Arvind; Trebbi, Francesco - 2021

world, using recently developed instruments for institutions and trade. Our results indicate that the quality of …

Persistent link: https://www.econbiz.de/10013224849

The Causal Effect of Environmental Catastrophe on Long-Run Economic Growth : Evidence from 6,700 Cyclones

Hsiang, Solomon - 2014

Does the environment have a causal effect on economic development? Using meteorological data, we reconstruct every country's exposure to the universe of tropical cyclones during 1950-2008. We exploit random within-country year-to-year variation in cyclone strikes to identify the causal effect of...

Persistent link: https://www.econbiz.de/10013049691

Democracy Does Cause Growth

Acemoglu, Daron; Naidu, Suresh; Restrepo, Pascual; … - 2014

We provide evidence that democracy has a significant and robust positive effect on GDP. Our empirical strategy relies on a dichotomous measure of democracy coded from several sources to reduce measurement error and controls for country fixed effects and the rich dynamics of GDP, which otherwise...

Persistent link: https://www.econbiz.de/10013056591

Forms of Democracy, Policy and Economic Development

Persson, Torsten - 2022

The paper combines insights from the recent research programs on constitutions and economic policy, and on history, institutions and growth. Drawing on cross-sectional as well as panel data, it presents new empirical results showing that the form of democracy (rather than democracy vs....

Persistent link: https://www.econbiz.de/10014066490

Geography and Economic Development

Gallup, John Luke; Sachs, Jeffrey; Mellinger, Andrew D. - 2021

This paper addresses the complex relationship between geography and macroeconomic growth. We investigate the ways in which geography may matter directly for growth, controlling for economic policies and institutions, as well as the effects of geography on policy choices and institutions. We find...

Persistent link: https://www.econbiz.de/10013238940

The Contribution of Female Health to Economic Development

Bloom, David E. - 2015

We analyze the economic consequences for less developed countries of investing in female health. In so doing we introduce a novel micro-founded dynamic general equilibrium framework in which parents trade off the number of children against investments in their education and in which we allow for...

Persistent link: https://www.econbiz.de/10013018319

Occupational Choice and Development

Eeckhout, Jan - 2014

The rise in world trade since 1970 has raised international mobility of labor services. We study the effect of such a … globalization of the world's labor markets. We find that when people can choose between wage work and managerial work, the output … theory also establishes that after economic integration, the high skill countries see a disproportionate increase in …

Persistent link: https://www.econbiz.de/10012751700

Reconsidering Expectations of Economic Growth after

Fogel, Robert W. - 2021

At the close of World War II, there were wide-ranging debates about the future of economic developments. Historical … the likelihood of secular stagnation; this topic continued to be debated throughout the post-World War II expansion … growth in less developed countries were contradicted when during the mid- and late-1970s, fertility rates in third world …

Persistent link: https://www.econbiz.de/10013313343

Linkages and Economic Development

Bartelme, Dominick - 2015

Specialization is a powerful source of productivity gains, but how production networks at the industry level are related to aggregate productivity in the data is an open question. We construct a database of input-output tables covering a broad spectrum of countries and times, develop a...

Persistent link: https://www.econbiz.de/10013021466