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Most countries in the periphery specialized in the export of just a handful of primary products for most of their history. Some of these commodities have been more volatile than others, and those with more volatile prices have grown slowly relative both to the industrial leaders and to other...
Persistent link: https://www.econbiz.de/10005108401
The contending fundamental determinants of growth -- institutions, geography and culture --exhibit far more persistence than do the growth rates they are supposed to explain. So, what exogenous shocks might account for the variance around those persistent fundamentals? The terms of trade seems...
Persistent link: https://www.econbiz.de/10005588874
Questions about current and prior religion adherence from the International Social Survey Program and the World Values Survey allow us to calculate country-level religious-conversion rates for 40 countries. These conversion rates apply to religion adherence classified into eight major types. In...
Persistent link: https://www.econbiz.de/10005588867
When local cost discovery generates knowledge spillovers, specialization patterns become partly indeterminate and the mix of goods that a country produces may have important implications for economic growth. We demonstrate this proposition formally and adduce some empirical support for it. We...
Persistent link: https://www.econbiz.de/10005050281
Most nations have experienced an internal armed conflict since 1960. The past decade has witnessed an explosion of research into the causes and consequences of civil wars, belatedly bringing the topic into the economics mainstream. This article critically reviews this interdisciplinary...
Persistent link: https://www.econbiz.de/10005828494