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What major insights have emerged from development economics in the past decade, and how do they matter for the World Bank? This challenging question was recently posed by World Bank Group President David Malpass to the staff of the Development Research Group. This paper assembles a set of 13...
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This is the background paper for the productivity extension of the World Bank's Long-Term Growth Model (LTGM). Based on … an extensive literature review, the paper identifies the main determinants of economic productivity as innovation … Penn World Table, and assesses the pattern of productivity growth across regions and income groups over the same sample …
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regions, periods, income levels, and growth rates. But relatively little is known about the broad forces that account for the …
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regions, periods, income levels, and growth rates. But relatively little is known about the broad forces that account for the … regions, periods, income levels, and growth rates.Dollar and Kraay next ask whether the factors that explain cross …-country differences in the growth rates of average incomes have differential effects on the poorest fifth of society. They find that …
Persistent link: https://www.econbiz.de/10012748706
Burnside and Dollar revisit the relationship between aid and growth using a new data set focusing on the 1990s. The … overall measure of institutions and policies popular in the empirical growth literature. The interaction of aid and … institutional quality has a robust positive relationship with growth that is strongest in instrumental variable regressions. There …
Persistent link: https://www.econbiz.de/10012749543