-
作者:Aidt, Toke S.; Albornoz, Facundo
作者单位:University of Birmingham; University of Cambridge; University of Cambridge
摘要:We present a theory of endogenous political regimes that emphasizes foreign direct investment as a motive for foreign governments to either induce regime transitions or promote regime consolidations. We characterize different forms of foreign intervention and identify the conditions under which they occur. We highlight new channels through which economic factors affect political regime choices. Foreign intervention is most likely to originate from countries where the government has a substanti...
-
作者:Andres Guzman, Ricardo; Weisdorf, Jacob
作者单位:Universidad del Desarrollo; Universidad del Desarrollo; University of Copenhagen
摘要:The adoption of agriculture during the Neolithic period triggered the first demographic explosion in history. When fertility returned to its original level, agriculturalists were more numerous, more poorly nourished, and worked longer hours than their hunter-gatherer ancestors. We develop a dynamic price-theoretic model that rationalizes these events. In the short run, people are lured into agriculture by the increased labor productivity of both adults and children. In the long run, the growth...
-
作者:Woo, Jaejoon
作者单位:International Monetary Fund; DePaul University
摘要:The relationship between income distribution and economic growth has long been an important economic research subject. Despite substantial evidence on the negative impact on long-term growth of inequality in the literature, however, there is not much consensus on the specific channels through which inequality affects growth. The empirical validity of two most prominent political economy channels - redistributive fiscal spending and taxes, and sociopolitical instability - has recently been chal...