Patent rights, product market reforms, and innovationJournal of Economic Growth - Tập 20 - Trang 223-262 - 2015
Philippe Aghion, Peter Howitt, Susanne Prantl
In this paper, we provide empirical evidence to the effect that strong patent rights may complement competition-increasing product market reforms in fostering innovation. First, we find that the product market reform induced by the large-scale internal market reform of the European Union in 1992 enhanced, on average, innovative investments in manufacturing industries of countries with strong paten...... hiện toàn bộ
Democratization, leader education and growth: firm-level evidence from IndonesiaJournal of Economic Growth - Tập 28 Số 4 - Trang 571-600 - 2023
Paul Pelzl, Steven Poelhekke
AbstractDoes the economic success of democratization depend on newly elected leaders’ characteristics? We exploit the unique Indonesian democratization process, where districts exogenously democratized in different years. In a census of manufacturing plants, employment drops by 5% in districts that elect a non-college educated mayor, while employment stays constant...... hiện toàn bộ
Comparison Utility in a Growth ModelJournal of Economic Growth - Tập 2 - Trang 339-367 - 1997
Christopher D. Carroll, Jody Overland, David N. Weil
We examine the dynamics of two endogenous-growth modelsin which agents have comparison utility. In the inward-lookingeconomy, individuals care about how their current consumptioncompares with their own past consumption. In the outward-lookingeconomy, they care about how their own consumption compares withother people‘s consumption. In response to a negative shock tocapital, saving and growth will ...... hiện toàn bộ
Between communism and capitalism: long-term inequality in Poland, 1892–2015Journal of Economic Growth - Tập 26 - Trang 187-239 - 2021
Paweł Bukowski, Filip Novokmet
We construct the first consistent series on the long-term distribution of income in Poland by combining tax, household survey and national accounts data. We document a U-shaped evolution of inequalities from the end of the nineteenth century until today: (1) inequality was high before WWII; (2) abruptly fell after the introduction of communism in 1947 and stagnated at low levels during the whole c...... hiện toàn bộ
History and Coordination FailureJournal of Economic Growth - Tập 3 - Trang 267-276 - 1998
Alicia Adserà, Debraj Ray
An extensive literature discusses the existence of a virtuous circle of expectations that might lead communities to Pareto-superior states among multiple potential equilibria. It is generally accepted that such multiplicity stems fundamentally from the presence of positive agglomeration externalities. We examine a two-sector model in this class and look for intertemporal perfect foresight equilibr...... hiện toàn bộ
The Distribution of Human Capital and Economic GrowthJournal of Economic Growth - Tập 2 - Trang 93-124 - 1997
Oded Galor, Daniel Tsiddon
This paper analyzes the interaction between the distributionof human capital, technological progress, and economic growth.It argues that the composition of human capital is an importantfactor in the determination of the pattern of economic development.The study demonstrates that the evolutionary pattern of the humancapital distribution, the income distribution, and economic growthare determined si...... hiện toàn bộ
The rural exodus and the rise of EuropeJournal of Economic Growth - Tập 27 - Trang 365-414 - 2022
Thomas Baudin, Robert Stelter
We build a unified model of growth and internal migration and identify its deep parameters using an original set of Swedish data. Our structural estimation and counterfactual experiments suggest that conditions of migration between the countryside and cities have strongly shaped the timing and the intensity of the transition to growth. Mobility cost had to be low enough to enable population moveme...... hiện toàn bộ
Seeds of distrust: conflict in UgandaJournal of Economic Growth - Tập 18 - Trang 217-252 - 2013
Dominic Rohner, Mathias Thoenig, Fabrizio Zilibotti
We study the effect of civil conflict on social capital, focusing on Uganda’s experience during the last decade. Using individual and county-level data, we document large causal effects on trust and ethnic identity of an exogenous outburst of ethnic conflicts in 2002–2005. We exploit two waves of survey data from Afrobarometer (Round 4 Afrobarometer Survey in Uganda, 2000, 2008), including informa...... hiện toàn bộ
Thy Neighbor's Curse: Regional Instability and Economic GrowthJournal of Economic Growth - Tập 2 Số 3 - Trang 279-304 - 1997
Ades, Alberto, Chua, Hak B.
We show that regional instability, defined as politicalinstability in neighboring countries, has a strong negative effecton a country's economic performance. The magnitude of this negativeexternality is similar in size to that of an equivalent increasein domestic political instability. We also identify two mainchannels through which regional instability lowers economic performance.First, regional ...... hiện toàn bộ