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Three Empirical Essays On The Determinants Of Economic Growth
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Book Synopsis Three Empirical Essays on the Determinants of Economic Growth by : Oliver Röhn
Download or read book Three Empirical Essays on the Determinants of Economic Growth written by Oliver Röhn and published by . This book was released on 2007 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Empirical Essays in Economic Growth by : Adalmir A. Marquetti
Download or read book Three Empirical Essays in Economic Growth written by Adalmir A. Marquetti and published by . This book was released on 1999 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays on the Determinants of Economic Growth by : María Jesús Freire Serén
Download or read book Three Essays on the Determinants of Economic Growth written by María Jesús Freire Serén and published by . This book was released on 1999 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays on the Determinants of Economic Growth by : Gernot Doppelhofer
Download or read book Three Essays on the Determinants of Economic Growth written by Gernot Doppelhofer and published by . This book was released on 2000 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Empirical Essays on Concentration of Resources and Economic Growth by : David Castells-Quintana
Download or read book Three Empirical Essays on Concentration of Resources and Economic Growth written by David Castells-Quintana and published by . This book was released on 2014 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This thesis focuses on the study of two global trends characteristic of modern economic development, namely increased agglomeration and inequalities within countries. The thesis contributes to the understanding of the evolution of both trends and their impact on economic growth in the long term, using multiple techniques for data analysis, and in the light of the theory and corresponding political debate. The starting point of the thesis is the idea that agglomeration and inequality represent two dimensions (spatial and personal) of concentration of resources within countries, which is associated with the process of economic development. The thesis consists of an introductory chapter, three main empirical chapters, a general conclusion, and three methodological appendices. The thesis is mainly a work of applied economics. For the analysis data has been collected for multiple variables and for a large sample of countries worldwide, with the aim of making international comparative analysis. The central dependent variable is the long-run national economic growth rate. Therefore, the analysis conducted is based mostly on the estimation of econometric models of economic growth. Both cross-sectional and panel data are used, covering the 1960-2010 period. Different estimation techniques are studied and applied (from Ordinary Least Squares, Estimates of Fixed Effects, Methodologies Control Functions: "Control Function Approach" Estimates of Fixed Effects with Instrumental Variables and estimates by G05). As for the main contributions, beginning with chapter 2, the thesis shows that the benefits of spatial concentration of economic activity appear to depend on a relatively equal distribution of income. Thus, in high-income countries with unequal distribution of resources, geographic concentration appears to be associated with lower economic growth in the long term. Chapter 3 shows two opposing effects of income inequality on a single model of economic growth. On the one hand a negative effect, associated with inequality of opportunity. On the other hand, a positive effect, associated with unequal outcomes. Likewise, the analysis identifies the transmission channels between inequality and growth to which these two effects relate. Chapter 4 contributes to the debate on the relationship between economic growth and urban concentration, providing empirical evidence on the relevance of the urban environment. In particular, the quality of urban infrastructure is shown as critical to balance the benefits and costs of concentration in large cities. Finally, Chapter 5 discusses key findings and policy implications. In particular, the results contextualize the discussion on agglomeration not only in terms of the level of development, but also in terms of distributional problems, and physical aspects of the urban environment. Regarding the level of development, in the case of low-income countries there appears to be a trade-off between efficiency and equity, at least in the short term, due to the fact that increased urban concentration seems desirable for growth but may involve greater inequalities. For high-income countries, by contrast, a more balanced urban system, in which small and medium-sized cities play a key role, appears as a better strategy than intense urban concentration. In terms of distribution, for both high- and low-income, the fact that the benefits derived from agglomeration depend on income inequality highlights the importance of socio-economic and institutional factors in the debate on urban concentration. Finally, as regards the urban environment, the analysis confirms the concern about informal urban settlements (slums), representing a poverty trap for most of its residents, rather than a transient state in the process of structural change."--TDX.
Book Synopsis Determinants of Economic Growth by : Robert J. Barro
Download or read book Determinants of Economic Growth written by Robert J. Barro and published by MIT Press. This book was released on 1997 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Summarizes recent research from hundreds of empirical studies on economic growth across countries that have highlighted the correlation between growth and a variety of variables.
Book Synopsis Growth, Poverty and Inequality Dynamics by : Julian Weisbrod
Download or read book Growth, Poverty and Inequality Dynamics written by Julian Weisbrod and published by Peter Lang Pub Incorporated. This book was released on 2008 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the Second World War the world has seen an economic growth spurt unprecedented in history. Economic growth is a necessary but not sufficient condition for improving human development, or in other words, economic growth is an important pre-requisite for the ultimate goal of human well-being. The four empirical essays of this book add to the general debate concerning dynamics of growth, poverty and inequality over the past 40 years from four different dimensions. The first chapter analyses the dynamics of the cross-country per capita income distribution and the existence of convergence clubs. The second chapter focuses on the dynamic development of the global income distribution and resulting implications for global income convergence, poverty reduction, pro-poor growth and the evolution of global inequality within and between countries. The third chapter investigates the deterministic relationship between ethnic fractionalisation and growth in a macro cross-country regression framework. Finally, the fourth chapter adds to the understanding of micro determinants of growth and poverty in the context of Indonesia.
Book Synopsis Determinants of Economic Growth by : Robert J Barro
Download or read book Determinants of Economic Growth written by Robert J Barro and published by . This book was released on 2014-05-13 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: Summarizes recent research from hundreds of empirical studies on economic growth across countries that have highlighted the correlation between growth and a variety of variables.
Book Synopsis Three Empirical Essays in Development Economics by : Jorge Huerta Munoz McNabb
Download or read book Three Empirical Essays in Development Economics written by Jorge Huerta Munoz McNabb and published by . This book was released on 2019 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation studies three empirical questions on development economics. The first two chapters investigate the impact of the Mexican health program Seguro Popular on vulnerability to poverty and educational outcomes. Seguro Popular is a health program that provides healthcare services and medicines to households not covered via salaried jobs and does not provide cash transfers or income to disabled individuals. Enrollment is free for households in the poorest three income deciles. Through November 2018, it covered about 50% of the population. The last chapter investigates the extent to which the Peru's 2010 Progress out of Poverty index (PPI) can be used to predict poverty transitions of households. The PPI has become a preferred proxy means test used by government agencies and non-governmental agencies for its accuracy in measuring poverty and as it is quick, inexpensive, and easy to implement.Currently, the Mexican government evaluates poverty using a national income poverty line and monitors poverty using a multi-dimensional poverty index that tries to account for other aspects of wellbeing beyond a monetary metric. However, there is no estimation of the level of exposure to future poverty, which is an element that should be relevant for anti-poverty and human development programs, especially because households around the poverty line are likely to become poor after they experience a negative shock. Chapter 1 investigates the extent to which Seguro Popular can be used to reduce vulnerability to poverty in Mexico. The empirical analysis provides evidence that Seguro Popular helps reduce vulnerability to poverty. A more granular analysis also shows that households are exposed to different factors, such as macro-economic conditions, labor income changes, and weather events, and that Seguro Popular only helps households cope with negative shocks related to health-related expenses. Thus, when analyzing the program's impact on vulnerable households, Seguro Popular does not have an impact on the most vulnerable households, households with the fewest assets, individuals with the least education, or individuals working mostly in non-salaried jobs.Chapter 2 evaluates the impact of Seguro Popular on education outcomes. Previous studies have helped elucidate the unintended effects of Seguro Popular on labor outcomes decisions, fertility, and healthcare services use, among others. Overall, this study validates the hypothesis that Seguro Popular has a positive impact on educational outcomes for children aged six to 11. On average, participation increases enrollment in elementary school and increases the time spent on schoolwork. Additionally, among the unintended effects, the labor time of children decreases for households enrolled in Seguro Popular.Finally, Chapter 3 investigates the extent to which the PPI can be used to predict poverty transition. Chapter 3 analyzes the PPI indicators that are used to estimate the likelihood that households can be identified as living in poverty. In doing so, it quantifies both the relevance of each variable and the predictive power of the PPI score to determine poverty status. For policymaking, a metric that can help predict future status and measure graduation out of anti-poverty programs, while remaining accurate and limiting measurement errors (which are a waste of the financial budget), is necessary. The results show the effectiveness of using PPI to predict poverty transition in terms of targeting accuracy and measurement errors. However, as with previous results, this study shows that such an approach should be complementary to additional information.
Book Synopsis The Determinants of Economic Growth by : Maaike S. Oosterbaan
Download or read book The Determinants of Economic Growth written by Maaike S. Oosterbaan and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Determinants of economic growth: An overview Thijs de Ruyter van Steveninck, Nico van der Windt, and Maaike Oosterbaan Netherlands Economic Institute What causes economic growth? Why have some countries grown much faster than others? Why do some countries not grow at all, or even experience negative (per capita) growth rates? What can governments do to raise the growth rates of their country? These questions were discussed at a conference on March 23 and 24, 1998, organized by the Netherlands Economic Institute (NEI) on behalf of the Netherlands Ministry of Foreign Affairs. This book contains the proceedings of the conference. Economic growth is widely considered as a necessary (though not sufficient) condition for poverty alleviation. During the past two decades, scholars and researchers have found a renewed interest in thinking about economic growth, and advances in the understanding of economic growth have taken place. On the one hand, the theoretical understanding of growth has progressed on various fronts, including endogenous technological innovation and increasing returns to scale; the interaction of population, fertility, human capital, and growth; international spill-overs in technology and capital accumulation; and the role of institutions. On the other hand, the increasing availability and use of data sets has given a large incentive to empirical research on cross-country growth, following the path-breaking work ofBarro (1991).
Book Synopsis Essays in the Theory of Economic Growth by : Joan Robinson
Download or read book Essays in the Theory of Economic Growth written by Joan Robinson and published by Springer. This book was released on 1965-01-01 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays on Economic Growth by : Kobsak Potrakool
Download or read book Three Essays on Economic Growth written by Kobsak Potrakool and published by . This book was released on 1996 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays on Economic Growth by : Lutz Hendricks
Download or read book Three Essays on Economic Growth written by Lutz Hendricks and published by . This book was released on 1996 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Essays on Economic Growth by : Minhyeon Jeong
Download or read book Essays on Economic Growth written by Minhyeon Jeong and published by . This book was released on 2018 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: My dissertation investigates how economic growth is determined in the long run. To do this, I focus mainly on culture and institutions as fundamental growth factors and develop a general theoretical framework in which culture, institutions and growth are all endogenously determined. Using the framework, I highlight the crucial role of interaction between culture and institutions in the long-term growth. Chapter 1. Endogenous Financial Friction and Growth The first chapter investigates the role financial frictions play in economic growth. Most existing studies consider an exogenous form of borrowing constraint, the tightness of which is arbitrarily fixed at a certain value over time. As a result, a sufficiently tight constraint has, if any, a permanent growth effect. The main concern of the chapter is that tightness can vary by economic circumstance, and hence, it will change in different stages of economic development. If borrowers' profits increase along with economic growth, the tightness will be relaxed, leading to an endogenous relaxation of financial frictions. I develop a theory that has this property as a novel feature; I then provide empirical evidence by applying OLS and dynamic panel GMM regressions to support the endogenous relaxation hypothesis. The endogenous relaxation implies that the growth effects of financial frictions are, at best, temporary; therefore financial factors may not be fundamental determinants that underlie the long-term economic growth. Chapter 2. Culture, Institutions and Growth The second chapter deals with culture and institutions as fundamental engines of growth. To this end, I develop a theoretical framework in which culture (individualism vs. collectivism), institutions (protection of property rights over innovations), and growth are endogenously and jointly determined. I first summarize and corroborate empirical facts about culture, institutions, and growth to make the model consistent with the empirical findings. The primary mechanism that drives the main conclusions of the chapter is that culture and institutions are strategic complements. I show that there are two steady states with opposing properties. One is a good steady state characterized by strong individualism and secure protection of property rights with high long-run growth. The other one is associated with strong collectivism and poor protection of property rights. The strategic interaction between culture and institutions leads to not only multiple static equilibria (multiple steady states) but also to multiple dynamic equilibria with contrasting properties. The second chapter demonstrates the significance of institutions for the economic prosperity of society, especially over the long run. This conclusion provides motivation for investigating other roles of institutions, which is the focus of the last chapter. Chapter 3. Rent-Seeking, Institutions and Morality While the second chapter deals with public predation by the government, the third chapter pays attention to rent-seeking as private predation, which has long been an impediment to economic growth. It starts with this question: If rent-seeking is indeed bad for an economy, why does it still prevail in many countries? That is, why did those countries not eliminate rent-seeking activities long ago? This question leads to a consideration of the factors underlying rent-seeking behavior. In this context, I develop a model where rent-seeking activities result in long-lasting poverty through institutions (the degree of enforcement of laws) and the morality of society, both of which are endogenously determined. I show that, in an economy where institutions are selected as a collective choice, institutions which are effective against rent-seeking are more likely to be established in a society with a robust morality.
Book Synopsis Three Empirical Essays on Determinants of Industry and Investment Location Patterns in the Context of Economic Transition and Regional Integration by : Adnan Šerić
Download or read book Three Empirical Essays on Determinants of Industry and Investment Location Patterns in the Context of Economic Transition and Regional Integration written by Adnan Šerić and published by . This book was released on 2011 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Determinants of Democracy by : Robert Joseph Barro
Download or read book Determinants of Democracy written by Robert Joseph Barro and published by . This book was released on 1997 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Characteristics of Economic Growth by : Haifeng Wang
Download or read book Characteristics of Economic Growth written by Haifeng Wang and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: