Essays on Economic Growth: Institutions and Policies PDF Download

Author: Alessio Terzi
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Author: I. G. Patel
Publisher: Springer
ISBN: 134918358X
Category : Business & Economics
Languages : en
Pages : 268

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Research papers, economic policy, economic development, India - examines development policy, trade policy, balance of payments, agricultural policy, inflation, income distribution, economic planning, productivity policy, etc.; studies the repercussions on employment, basic needs fulfilment, low income families, etc; evaluates the impact on developing countries of development aid, economic aid and economic cooperation.

Author: Stephen Haber
Publisher: Hoover Institution Press
ISBN: 0817996664
Category : Political Science
Languages : en
Pages : 306

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Book Description
Political Institutions and Economic Growth in Latin America offers a new contribution to the literature on institutions and growth through the analysis of historical cases of institutional change and economic growth in Latin America in the nineteenth and twentieth centuries.

Author: Jan Fagerberg
Publisher: Edward Elgar Publishing
ISBN: 1788110269
Category : Business & Economics
Languages : en
Pages : 431

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This authoritative and enlightening book focuses on fundamental questions such as what is innovation, who is it relevant for, what are the effects, and what is the role of (innovation) policy in supporting innovation-diffusion? The first two sections present a comprehensive overview of our current knowledge on the phenomenon and analyse how this knowledge (and the scholarly community underpinning it) has evolved towards its present state. The third part explores the role of innovation for growth and development, while section four is concerned with the national innovation system and the role of (innovation) policy in influencing its dynamics and responding to the important challenges facing contemporary societies.

Author: Walid Y Alali
Publisher: Eliva Press
ISBN: 9789994985395
Category :
Languages : en
Pages : 0

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This book is my MPhil dissertation, which investigates the inter-relationships between institutions and development outcomes, specifically economic growth, economic reforms, FDI and technical efficiency. The fundamental question we are interested in is identifying the development outcomes and channels on which institutional quality directly impacts. We use Rodrik's (2005)'s taxonomy, to unbundle institutions into economic and political institutions, as well as macroeconomic policies. This largely follows the theoretical basis of earlier literature, arguing that these three aspects are endogenously determined. We then disentangle their individual effects on different development outcomes. Also, as an institution is probably not as persistent as one may have perceived, we explore the dynamic effect of institutions. Causality relationships between institutions and macroeconomic policies and reforms are also examined. Last but not least, other than domestic institutional quality, we also consider the impact of external institutions on development outcomes. We carry out four studies in Chapters 2 to 5 aiming to provide empirical evidence for these interrelated themes. In the following, we will summarize the major findings in these Chapters and discuss briefly their policy implications. We will also highlight the limitations of our work and suggest some possible extensions for further research.

Author: Barrington Moore
Publisher: Cornell University Press
ISBN: 1501726420
Category : Business & Economics
Languages : en
Pages : 201

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Barrington Moore, Jr., one of the most distinguished thinkers in critical theory and historical sociology, was long concerned with the prospects for freedom and decency in industrial society. The product of decades of reflection on issues of authority, inequality, and injustice, this volume analyzes fluctuating moral beliefs and behavior in political and economic affairs at different points in history, from the early Middle Ages in England to the prospects for liberalism under twentieth-century Soviet socialism. The social sources of antisocial behavior; principles of social inequality; and the origins, enemies, and possibilities of rational discussion in public affairs—these are among the topics Moore considers as he seeks to uncover the historical causes of some accepted forms of morality and to assess their social consequences. The keynote essay examines how moral codes grew out of commercial practices in England from medieval times through the industrial revolution. Moore pays special attention to conceptions of honesty and the temptation to evade that inform the volume as a whole. In the other essays, he considers particular political issues, viewing "political" in its broadest sense as an unequal distribution of power and authority that carries a strong moral charge. Free of preaching and advocacy, his work offers a rare reasonable assessment of the morality of major social institutions over time.

Author: Silviu Dochia
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 103

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This thesis consists of three essays examining the relationship between institutions and economic development. Essay one focuses on private participation in infrastructure. Over the past decade private involvement in the provision of infrastructure services has grown increasingly common in a large number of countries around the world. Increased activity brought along a good deal of controversy, most frequently relating to the cancellation of high profile projects. This paper analyzes this phenomenon empirically, using project level panel data from the 1990-2005 period. My first finding is that, contrary to popular belief, infrastructure project cancellations are rare. Second, contract cancellations are not randomly distributed, but seem correlated with a number of factors. I find that cancellation rates are higher for water sector projects, countries with a poor track record of protecting property rights and those with more effective local bureaucracies. Neither the level of GDP per capita nor its growth rate seem to be important factors, but larger current account deficits are correlated with more cancellations. Essay two examines the economic rationale for industrial policies aimed at supporting small firms with the intention of improving the rate of innovation and economic growth. I argue that such policies, while very common in the last few decades, frequently ignore two fundamental facts. First, a firms' size is largely determined by the economic environment surrounding it, and in particular by the uncertainty it must face. Attempts to actively micromanage the mix of small to large firms while ignoring the environment they operate within is more likely to be harmful than helpful. The second often overlooked observation is that small and large firms often play complementary roles in the process of innovation. Instead of attempting to actively pick winners with certain characteristics, policymakers' efforts are better spent on building a framework which is conducive to all innovation, wherever it may originate. In the third paper I analyze the real world impact of direct financing programs for small and medium enterprises. I base my analysis on two specific SME financing schemes implemented in Romania between 1998 and 2004, but my findings are broadly applicable. I argue that direct funding programs can suffer from two major flaws: a failure to address the financial system's binding constraints, and a difficulty in dealing with imperfect information. I find that both problems were acutely relevant in Romania, where they created programs that appeared successful at the firm level but in fact had very limited impact.

Author: Moses Abramovitz
Publisher: Cambridge University Press
ISBN: 0521333962
Category : Business & Economics
Languages : en
Pages : 398

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Book Description
The essays in this book explore the forces behind modern economic growth and, in particular, the causes of the extraordinary surge of growth since the Second World War. The introductory essay is an extended treatment of how economists now view the growth process and its causes. Other essays consider the contributions of capital formation, education, and the changed nature of industries and occupations. Professor Abramovitz asks why elevated incomes failed to bring the social progress and personal satisfaction that people had looked for. The final chapters in the book take up the causes of our discontent and consider whether the Welfare State has itself become an obstacle to further economic progress.The essays in this book explore the forces behind modern economic growth and, in particular, the causes of the extraordinary surge of growth since the Second World War. The introductory essay is an extended treatment of how economists now view the growth process and its causes. Other essays consider the contributions of capital formation, education, and the changed nature of industries and occupations. Professor Abramovitz asks why elevated incomes failed to bring the social progress and personal satisfaction that people had looked for. The final chapters in the book take up the causes of our discontent and consider whether the Welfare State has itself become an obstacle to further economic progress.

Author: Karl-Josef Koch
Publisher: Springer Science & Business Media
ISBN: 3662004232
Category : Business & Economics
Languages : en
Pages : 398

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Book Description
Part 1 of this volume focusses on globalization. Gains from trade, international competitiveness, labour market issues in open economies, customs unions, dumping and intra-firm trade are the topics of this part. Part 2 puts a stronger emphasis on dynamic economics. Social income, intergenerational transfers, public pension systems, and bequest and gift motives in overlapping generation models are main topics. Economic policies are analyzed in Part 3, including the relation between wage rigidity and migration, several aspects of German financial and monetary policy, as well as tax competition. The volume concludes with institutional issues of globalization, a western view on eastern transition, social cost of rent seeking, and the evolution of social institutions.

Author: T. J. Hatton
Publisher: MIT Press
ISBN: 0262083612
Category : Economic history
Languages : en
Pages : 431

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Essays by internationally prominent economists examine long run cross-country economic trends from the perspective of New Comparative Economic History, an approach pioneered by Harvard economist Jeffrey G. Williamson. The innovative approach to economic history known as the New Comparative Economic History represents a distinct change in the way that many economic historians view their role, do their work, and interact with the broader economics profession. The New Comparative Economic History reflects a belief that economic processes can best be understood by systematically comparing experiences across time, regions, and, above all, countries. It is motivated by current questions that are not nation specific--the sources of economic growth, the importance of institutions, and the impact of globalization--and focuses on long-run trends rather than short-run ups and downs in economic activity. The essays in this volume offer a New Economic Comparative History perspective on a range of topics and are written in honor of Jeffrey G. Williamson, the most distinguished and influential scholar in the field. The contributors, prominent American and European economists, consider such topics as migration, education, and wage convergence; democracy and protectionism in the nineteenth century; trade and immigration policies in labor-scarce economies; and the effect of institutions on European productivity and jobs.