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This paper analyzes the strategies of farmers in Kénédougou province to tackle African Animal Trypanosomosis (AAT). Using economic, entomological, and parasitological data collected by multidisciplinary team, we operate a binary Logit model to evaluate the probability of choice between animal...
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Long-term economic development involves four fundamental processes: the exploitation of increasing returns to specialization, the transition from household to market production, knowledge and human-capital accumulation, and industrialization. This paper integrates these processes into a coherent...
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We create a dataset of country experience with economic depression around the world. We define a depression episode as a period of cumulative decline in per capita output of 20% or more lasting at least four years. We find depressions are surprisingly common. We describe their incidence and...
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We develop a theory that explains how two core values – Respect for others and Responsibility – affect productivity, the accumulation of capital, and output per worker. Using data from the World Values Survey, we empirically test the model using a panel dataset that includes 82 countries...
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