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Full-Text Articles in Social and Behavioral Sciences
Natural Resource, Regional Growth, And Human Capital Accumulation, Na Zuo
Natural Resource, Regional Growth, And Human Capital Accumulation, Na Zuo
Theses and Dissertations--Agricultural Economics
The dissertation research will comprise three essays on the topic of the resource curse hypothesis and its mechanisms. The phenomenon of low economic growth in resource-rich regions is recognized as the “resource curse”. These essays will contribute to an understanding of the regional resource-growth relation within a nation.
Essay one tests the resource curse hypothesis at the U.S. state level. With a system of equations model, I decompose the overall resource effect to account for the two leading explanations — crowding-out and institution effects, thus investigate whether the institutions mediate the crowding-out effects. I did not find evidence of an …
Financial Development And Economic Growth In Kentucky Counties, John D. Conley
Financial Development And Economic Growth In Kentucky Counties, John D. Conley
Theses and Dissertations--Agricultural Economics
There is a broad literature on the finance-growth nexus in the macroeconomics literature. Is there evidence for the finance-growth nexus at the sub-national region? If so, can macroeconomic finance and growth methods be extended to sub-national regions? Joseph Schumpeter argued that banks promote economic growth by choosing which projects to fund, by mobilizing underutilized capital, by managing risk and by monitoring managers.
This dissertation proposes a modified Martin and Ottaviano (2001) model that allows for borrowing to form new firms or to expand existing firms. The model shows that if borrowing across regional lines is costly, above and beyond the …