This paper studies the effects of social network based lending. This is a pervasive phenomenon in most of the developing world. Access to such network capital has an obvious influence on investment. It also influences the pattern of migration since, ceteris paribus, migrants would prefer to be...

This research advances the hypothesis that resource abundant economies characterized by a socially cohesive workforce and network externalities triggered the emergence of efficiency-enhancing inclusive institutions designed to restrict mobility and to enhance the attachment of community members...

Empirical evidence on three assertions commonly-made by populationpolicy advocates about the relationships among population growth, humancapital formation and economic development is discussed and evaluated inthe light of economic-biological models of household behavior and of itsrelevance to...

In this paper, we describe and utilize methods to estimate theconsequences for children's schooling and birthweight of the exogenousvariability in the supply of births in one low income country, Malaysia. Themethod utilizes information on contraceptive techniques employed by couples toestimate...

In this paper we assess the importance of heterogeneity and selectivefertility in altering estimates and interpretations of the determinants ofthe human capital of children. We set out a sequential model of humancapital investments in children incorporating endogenous fertility andheterogeneity...

The principal objective of this paper is to compare the real output and labour productivity of Chinese and Indian manufacturing from 1980 to 2002. Using an industry-of-origin approach, purchasing power parities (PPPs) for the benchmark year 1985 are derived from the Chinese and Indian industrial...