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作者：Castello-Climent, Amparo; Mukhopadhyay, Abhiroop
作者单位：University of Valencia; Indian Statistical Institute; Indian Statistical Institute Delhi
摘要：This paper analyzes whether mass education is more growth enhancing in developing countries than having a minority well educated elite. Using Indian Census data as a benchmark and enrollment rates at different levels of education, we compute annual attainment levels for a panel of 16 Indian states from 1961 to 2001. Results indicate that if the reduction in illiteracy stops at the primary level of education, it is not worthwhile for growth. Instead, the findings reveal a strong and significant...
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作者：Camilo Cardenas, Juan; Carpenter, Jeffrey
作者单位：Universidad de los Andes (Colombia); Universidad de los Andes (Colombia); Middlebury College
摘要：A common conjecture in both the theoretical and policy literatures on development is that people remain poor because they are too impatient and risk averse to accumulate the resources needed to improve their well-being. The empirical literature, however, suggests that this conjecture is far from proven. We sample more than 3000 participants drawn representatively from six Latin American cities and find little correlation between baseline risk aversion and well-being, measured as an index of ei...
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作者：Fergusson, Leopoldo
作者单位：Universidad de los Andes (Colombia)
摘要：Rural areas often have more than one regime of property rights and production. Large, private-property farms owned by powerful landowners coexist with subsistence peasants who farm small plots with limited property rights. At the same time, there is broad consensus that individual, well-specified and secure property rights over land improve economic outcomes. If property rights in land are so beneficial, why are they not adopted more widely? I put forward a theory according to which politicall...
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作者：van der Ploeg, Frederick; Venables, Anthony J.
作者单位：University of Oxford
摘要：The permanent income rule is seldom the optimal response to a windfall of foreign exchange, such as that from a resource discovery. Absorptive capacity constraints require domestic investment, and investment in structures requires non-traded inputs the supply of which is constrained by the initial capital stock. This, particularly when combined with intra-sectoral capital immobility, delays adjustment and creates short run 'Dutch disease' symptoms as the real exchange rate sharply appreciates ...
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作者：Hodler, Roland; Dreher, Axel
作者单位：University of Lucerne; Ruprecht Karls University Heidelberg; University of Gottingen
摘要：Over time, the international development community has advocated various development paradigms, but countries following these paradigms have often performed poorly. We provide an explanation for this poor performance. In our model, the political leader of a developing country chooses a policy and whether to implement it in an honest or corrupt manner. These choices affect domestic production and aid inflows. Production is high when productive capacity is high, and when the policy is appropriat...
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作者：Chamon, Marcos; Liu, Kai; Prasad, Eswar
作者单位：Cornell University; Brookings Institution; National Bureau of Economic Research
摘要：China's urban household saving rate has increased markedly since the mid-1990s and the age-savings profile has become U-shaped. To understand these patterns, we analyze a panel of urban Chinese households over the period 1989-2009. We document a sharp increase in income uncertainty, largely due to an increase in the variance in household income attributed to transitory idiosyncratic shocks. We then calibrate a buffer-stock savings model to obtain quantitative estimates of the impact of rising ...
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作者：Labonne, Julien
作者单位：University of Oxford
摘要：I assess the impacts of targeted government transfers on a local incumbent's electoral performance. I use the randomized roll-out of a CCT program in the Philippines. Although the program was usually implemented in all villages in a municipality, a subset of beneficiary municipalities were randomly selected to receive the program in a randomly selected subset of villages. A number of municipalities are tightly controlled by political dynasties and, thus, I can test whether the effects are depe...
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作者：Olsson, Ola; Siba, Eyerusalem
作者单位：University of Gothenburg
摘要：The conflict in Darfur has been described both as an ethnic cleansing campaign, carried out by the Sudanese government and its allied militias, and as a local struggle over dwindling natural resources between African farmers and Arab herders. In this paper, we use a previously unexploited data set to analyze the determinants of Janjaweed attacks on 530 civilian villages in Southwestern Darfur during the campaign that started in 2003. Our results clearly indicate that attacks have been targeted...
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作者：Wang, Yong
作者单位：Hong Kong University of Science & Technology
摘要：A political-economy model is developed to explain why fiscal decentralization may have a non-monotonic effect on FDI inflows through endogenous policies. Too much fiscal decentralization hurts central government incentives, whereas too little fiscal decentralization renders the local governments vulnerable to capture by the protectionist special interest groups. Moreover, the local government's preference for FDI can be endogenously polarized; therefore, a small change in fiscal decentralizati...
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作者：Kelejian, Harry H.; Murrell, Peter; Shepotylo, Oleksandr
作者单位：University System of Maryland; University of Maryland College Park; Kyiv School of Economics; Kyiv School of Economics; Kyiv Economics Institute (KEI)
摘要：We examine spatial spillovers in institutional development. Dependent variables are institutional measures reflecting politics, law, and governmental administration. The explanatory variable of interest is the level of institutions in bordering countries a spatial lag of the dependent variable. Our spatial model directly leads to the identification strategy for the endogenous spatial lag. We implement new results in spatial econometrics to counter missing-data problems usually rife in spatial ...
