Showing 1 - 10 of 29
While the direct impact of geographic endowments on prosperity is present in all countries, in former colonies, geography has also affected colonization policies and, therefore, institutional outcomes. Using non-colonized countries as a control group, I develop an empirical strategy that...
Persistent link: https://www.econbiz.de/10011430076
This paper studies the joint effect of economic and political inequalities on redistributive taxation and institutional quality. The theoretical model suggests that income inequality, coupled with political bias in favor of the rich, decreases redistribution and lowers institutional quality. The...
Persistent link: https://www.econbiz.de/10010278272
Historically, episodes of rapid growth are accompanied by significant structural change. In this paper we therefore aim to quantify the extent to which factor accumulation induces structural change and productivity growth in industrializing economies. To fix ideas we present an extension of...
Persistent link: https://www.econbiz.de/10010263207
This paper argues that the empirical trade-growth relationship should be modelled using a dynamic panel data approach and that it is best estimated with Blundell and Bond’s (1999) system-GMM estimator. This procedure remedies some econometric problems such as regressor endogeneity, measurement...
Persistent link: https://www.econbiz.de/10010294545
30 years after the fall of the Berlin Wall, no full convergence of the economic performance and the living conditions … discusses possible reasons for the lack of convergence such as the legacy of the planned economy, economic policy mistakes made … erosion of market forces are discussed. This leads to economic policy recommendations to achieve full convergence of the …
Persistent link: https://www.econbiz.de/10012107378
structures and, based on this conceptualization, for assessing the potential convergence of airline business models over time is … of business models can be supported. This paper extends the mostly qualitative and anecdotal literature on convergence in … the airline industry and provides a platform for further empirical convergence studies. …
Persistent link: https://www.econbiz.de/10010309615
data on 38 countries from 1963-2000, there is clear convergence in the consumption of wine relative to beer between 1963 … and 2000. Convergence occurs even more quickly within groups of countries that have a higher degree of integration. A key … converging, several Latin American countries fail to converge. The patterns of convergence are consistent with dynamics of …
Persistent link: https://www.econbiz.de/10010322694
migration a force for both divergence and convergence, and characterizes where each set of forces dominates. Finally, it … explores the consequences for convergence of combining both migration selectivity and agglomeration effects arising from …
Persistent link: https://www.econbiz.de/10013204743
after a decade. These dynamics are qualitatively consistent with convergence to a buffer-stock target. Second, we analyze …
Persistent link: https://www.econbiz.de/10013208751
We study convergence and divergence dynamics in a sample of EMU countries by assembling an extensive dataset that …, increasing convergence with the core Euro countries. However, the debt crisis dramatically worsened citizens' perceptions of …
Persistent link: https://www.econbiz.de/10012609101