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We show using a theoretical framework that embeds a voting model in a general-equilibrium model of a rural economy with two interest groups defined by land ownership that the effects of democratization - a shift from control of public resources by the landed elite to a democratic regime with...
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This volume contains the Papers and Proceedings of the 26th Annual Bank Conference on Development Economics (ABCDE) held on June 15–16, 2015, in Mexico City. The theme of the conference was "Productivity, Growth, and the Law," and it was hosted jointly by the Bank of Mexico and the World Bank....
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This chapter considers the linkages between agricultural development and rural non-farm activities. The chapter is motivated by growing evidence that non-farm activities provide an increasingly important share of rural incomes in many low-income questions, questions about whether increasing...
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We study the consequences of dynamic complementarities in the production of child human capital for the relationship between risk and schooling investment in a low income setting. In contrast to previous literature, we explore the ex ante response of schooling to risk. We develop a model that...
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