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International R&D Spillovers and Institutions

Helpman, Elhanan; Hoffmaister, Alexander W.; Coe, David T. - National Bureau of Economic Research (NBER) - 2008

The empirical analysis in "International R&D Spillovers" (Coe and Helpman, 1995) is first revisited by applying modern panel cointegration estimation techniques to an expanded data set that we have constructed for the purpose of this study. The new estimates confirm the key results reported in...

Persistent link: https://www.econbiz.de/10005830194

Young, Restless and Creative: Openness to Disruption and Creative Innovations

Acemoglu, Daron; Akcigit, Ufuk; Celik, Murat Alp - National Bureau of Economic Research (NBER) - 2014

This paper argues that openness to new, unconventional and disruptive ideas has a first-order impact on creative innovations-innovations that break new ground in terms of knowledge creation. After presenting a motivating model focusing on the choice between incremental and radical innovation,...

Persistent link: https://www.econbiz.de/10010739732

Back to Basics: Basic Research Spillovers, Innovation Policy and Growth

Akcigit, Ufuk; Hanley, Douglas; Serrano-Velarde, Nicolas - National Bureau of Economic Research (NBER) - 2013

This paper introduces a model of endogenous growth through basic and applied research. Basic research differs from applied research in the nature and the magnitude of the generated spillovers. We propose a novel way of empirically identifying these spillovers and embed them in a general...

Persistent link: https://www.econbiz.de/10010821771

Ethnic Inequality

Alesina, Alberto; Michalopoulos, Stelios; Papaioannou, Elias - National Bureau of Economic Research (NBER) - 2012

This study explores the consequences and origins of between-ethnicity economic inequality both across and within countries. First, combining satellite images of nighttime luminosity with the historical homelands of ethnolinguistic groups we construct measures of ethnic inequality for a large...

Persistent link: https://www.econbiz.de/10010822004

On the Ethnic Origins of African Development Chiefs and Pre-colonial Political Centralization

Michalopoulos, Stelios; Papaioannou, Elias - National Bureau of Economic Research (NBER) - 2014

We report on recent findings of a fruitful research agenda that explores the importance of ethnic-specific traits in shaping African development. First, using recent surveys from Sub-Saharan African countries, we document that individuals identify with their ethnic group as often as with the...

Persistent link: https://www.econbiz.de/10010951097

What Do We Learn From Schumpeterian Growth Theory?

Howitt, Peter; Aghion, Philippe; Akcigit, Ufuk - National Bureau of Economic Research (NBER) - 2013

Schumpeterian growth theory has "operationalized" Schumpeter''s notion of creative destruction by developing models based on this concept. These models shed light on several aspects of the growth process which could not be properly addressed by alternative theories. In this survey, we focus on...

Persistent link: https://www.econbiz.de/10010951386

Does Religion Affect Economic Growth and Happiness? Evidence from Ramadan

Campante, Filipe R.; Yanagizawa-Drott, David H. - National Bureau of Economic Research (NBER) - 2013

We study the economic effects of religious practices in the context of the observance of Ramadan fasting, one of the central tenets of Islam. To establish causality, we exploit variation in the length of the fasting period due to the rotating Islamic calendar. We report two key, quantitatively...

Persistent link: https://www.econbiz.de/10010723395

Economic Development and the Effectiveness of Foreign Aid: A Historical Perspective

Edwards, Sebastian - National Bureau of Economic Research (NBER) - 2014

In this paper I discuss the effectiveness of foreign aid from a historical perspective. I show that foreign aid is a relatively new concept in economics, and I emphasize the role of exchange rate policies in the foreign aid controversies of the 1970s through 1990s. I show that in the early 1980s...

Persistent link: https://www.econbiz.de/10011071739

Institutions and Foreign Investment: China versus the World

Morck, Randall; Fan, Joseph P.H.; Xu, Lixin Colin; … - National Bureau of Economic Research (NBER) - 2007

Weak institutions ought to deter foreign direction investment (FDI), and mass media stories highlight China …'s institutional deficiencies, yet China is now one of the world's largest FDI destinations. This incongruity characterizes China …'s paradoxical growth. Cross-country regressions show that China's FDI inflow is not exceptionally large, given the quality of its …

Persistent link: https://www.econbiz.de/10005778377

Globalization, Growth and Crises: The View from Latin America

Edwards, Sebastian - National Bureau of Economic Research (NBER) - 2008

In this paper I analyze the role of openness and globalization in Latin America's economic development. The paper is divided into two distinct part: I first (Sections II through IV) provide an analysis of 60 years of the region's economic history, that go form the launching of the Alliance for...

Persistent link: https://www.econbiz.de/10005828606