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This paper presents a model which takes into account two main factors that have been partially neglected by the economic development literature: the environmental externalities of human activities and agents' heterogeneity in terms of asset endowment and, consequently, in terms of income source...
Persistent link: https://www.econbiz.de/10015215818
We analyze an overlapping generations model where agent’s welfare depends on three goods: leisure, environmental quality and consumption of a private good. We assume that the production process of the private good depletes the natural resource and that the consumption of the private good...
Persistent link: https://www.econbiz.de/10015215878
We present a simple growth model which has two original features: the strategic context considered, which is an evolutionary game, and the growth mechanism described, in which growth is caused by negative externalities. The emphasis in this growth mechanism is evidently different from that...
Persistent link: https://www.econbiz.de/10015215977
Specifically, the opportunity to cap global warming at 1.5OC is rapidly escaping. Although West African countries and companies across various industries are increasingly addressing this challenge as well as adopting measures to calculate and reduce their carbon footprint; they still face...
Persistent link: https://www.econbiz.de/10015373638
We model in an endogenous growth set-up the hypotheses that the expansion of market activities weakens social capital formation, and that firms can invest in formal mechanisms of control and enforcement to substitute for social capital (trust, work ethics, honesty). The model shows that the...
Persistent link: https://www.econbiz.de/10015228516
We document that the gender gap in non-agricultural work in developing countries exists primarily among rural married workers, not singles. Rural married women dedicate a much larger portion of time to home production compared to other groups, making them less likely to pursue non-agricultural...
Persistent link: https://www.econbiz.de/10015214269
We document that the gender gap in non-agricultural work in developing countries exists primarily among rural married workers, not singles. Rural married women dedicate a much larger portion of time to home production compared to other groups, making them less likely to pursue non-agricultural...
Persistent link: https://www.econbiz.de/10015214572
This paper provides a dynamic model of the dual economy in which differences in productivity across sectors arise endogenously. Rather than relying on exogenous price distortions, duality arises because of differences between sectors in the separability of their fertility and labor decisions....
Persistent link: https://www.econbiz.de/10015214592
Empirical evidence suggests that natural resources breed corruption and reduce educational attainments, dampening economic growth. The theoretical literature has treated these two channels separately, with natural resources affecting growth either through human capital or corruption. In this...
Persistent link: https://www.econbiz.de/10015231320
productivity across countries the research further explores the testable predictions of the theory. It establishes that: (i …
Persistent link: https://www.econbiz.de/10015232734