Previous research shows that decentralization plays a key role in the reduction of damage caused by natural disasters. The effect of decentralization will differ according a country’s level of economic development. To investigate this matter further, this paper attempts to investigate how...

Purpose – This paper aims to investigate whether natural disasters enhance efficiency improvement, capital accumulation and technological progress. Further, this paper examines whether the influence of naturals disasters depends on the legal origin. Design/methodology/approach – For this...

Purpose – This paper aims to investigate whether natural disasters enhance efficiency improvement, capital accumulation and technological progress. Further, this paper examines whether the influence of naturals disasters depends on the legal origin. Design/methodology/approach – For this...

Ethnic heterogeneity influences economic growth through various channels such as efficiency improvement and capital accumulation. However, it is open to discussion exactly how ethnic heterogeneity affects these channels. Hence, this paper attempts to examine the effects of heterogeneity on...

We set up a theoretical framework to analyze the possible role of economic growth and technological progress in the erosion of social capital. Under certain parameters, the relationship between technological progress and social capital can take the shape of an inverted U curve. We show the...