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Growth and Development

Selected Works

2011

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Articles 1 - 30 of 152

Full-Text Articles in Social and Behavioral Sciences

Economic Freedom And Fiscal Performance: A Regression Analysis Of Indices Of Economic Freedom On Per Capita Gdp, Jason Ockey Dec 2011

Economic Freedom And Fiscal Performance: A Regression Analysis Of Indices Of Economic Freedom On Per Capita Gdp, Jason Ockey

Jason R Ockey

This paper explores whether different forms of economic freedom drive fiscal performance. We also seek to determine which specific measurements of economic freedom have the most statistically significant impacts. Though the results of our analysis show that economic freedom does impact levels of per capita GDP, the interpretation of these results is more complicated. Because some indices of economic freedom have negative effects on per capita GDP or are statistically insignificant, it is important to note that simply generally increasing a country’s overall level of economic freedom will not necessarily spur economic growth or increase fiscal performance. This paper does …


The Evolution Of Unemployment Relief In Great Britain, George R. Boyer Dec 2011

The Evolution Of Unemployment Relief In Great Britain, George R. Boyer

George R. Boyer

[Excerpt] Relatively little has been written about unemployment relief during the period between the passage of the Poor Law Amendment Act in 1834 and the adoption of national unemployment insurance in 1911. This study is an attempt to help fill the gap in the literature. It examines the changing roles played by poor relief, private charity, trade unions, and public employment in the lives of the urban unemployed during cyclical downturns from 1834 to 1911. The story that emerges offers no support for a "Whig theory of welfare." Public assistance for the unemployed was more generous, and more certain, from …


The Development Of The Neoclassical Tradition In Labor Economics, George R. Boyer, Robert S. Smith Dec 2011

The Development Of The Neoclassical Tradition In Labor Economics, George R. Boyer, Robert S. Smith

George R. Boyer

This essay on labor economics examines neoclassical theory's rise to ascendancy following the second World War, with a secondary focus on the relative decline but continued influence of institutionalist economic theory. The authors describe the evolution of institutional and neoclassical theory from the late nineteenth to mid-twentieth centuries, examine some early intellectual debates between the two camps, briefly describe the work of neoclassical labor economics pioneers, and look at major developments over the past 30 years. They argue that neoclassical economists' increasing intellectual breadth and influence in public policy have led them to pay closer attention to issues that have …


The Historical Background Of The Communist Manifesto, George R. Boyer Dec 2011

The Historical Background Of The Communist Manifesto, George R. Boyer

George R. Boyer

[Excerpt] The Manifesto of the Communist Party, published 150 years ago in London in February 1848, is one of the most influential and widely-read documents of the past two centuries. The historian A. J. P. Taylor (1967, p. 7) has called it a "holy book," and contends that because of it, "everyone thinks differently about politics and society." And yet, despite its enormous influence in the 20th century, the Manifesto is very much a period piece, a document of what was called the "hungry" 1840s. It is hard to imagine it being written in any other decade of the 19th …


Malthus Was Right After All: Poor Relief And Birth Rates In Southeastern England, George R. Boyer Dec 2011

Malthus Was Right After All: Poor Relief And Birth Rates In Southeastern England, George R. Boyer

George R. Boyer

The payment of child allowances to laborers with large families was widespread in early nineteenth-century England. This paper tests Thomas Malthus's hypothesis that child allowances caused the birth rate to increase. A cross-sectional regression model is estimated to explain variations in birth rates across parishes in 1826-30. Birth rates are found to be related to child allowances, income, and the availability of housing, as Malthus contended. The paper concludes by examining the role played by the adoption of child allowances after 1795 in the fertility increase of the early nineteenth century.


The Poor Law, Migration, And Economic Growth, George R. Boyer Dec 2011

The Poor Law, Migration, And Economic Growth, George R. Boyer

George R. Boyer

The loss to the English economy caused by decreased migration resulting from relief payments to agricultural laborers is estimated. I conclude that, at worst, the Poor Law had a small negative impact on national product. If poor relief and wages were substitutes, the Poor Law may have had a positive impact on capital formation and economic growth.


What Did Unions Do In Nineteenth-Century Britain?, George R. Boyer Dec 2011

What Did Unions Do In Nineteenth-Century Britain?, George R. Boyer

George R. Boyer

The article examines the development of the insurance function of trade unions. It analyzes how such policies worked, and why union benefit packages differed across occupations. It also addresses the impact of insurance policies on union organization. Insurance benefits increased the ability of unions to attract and retain members. They did not, however, significantly increase the power of union leaders relative to employers or union rank and file.


Unemployment And The Uk Labour Market Before, During And After The Golden Age, Timothy J. Hatton, George R. Boyer Dec 2011

Unemployment And The Uk Labour Market Before, During And After The Golden Age, Timothy J. Hatton, George R. Boyer

George R. Boyer

During the ‘golden age’ of the 1950s and 1960s unemployment in Britain averaged 2 per cent. This was far lower than ever before or since and a number of hypotheses have been put forward to account for this unique period in labour market history. But there has been little attempt to isolate precisely how the determinants of wage setting and unemployment differed before, during and after the golden age. We estimate a two-equation model over the whole period from 1872 to 1999 using a newly constructed set of long-run labour market data. We find that the structure of real wage …


Labour Migration In Southern And Eastern England, 1861-1901, George R. Boyer Dec 2011

Labour Migration In Southern And Eastern England, 1861-1901, George R. Boyer

George R. Boyer

This paper examines the determinants of migration from 19 southern counties to six major destinations in England and Wales from 1861-70 to 1891-1900. I find that, while the size of origin-destination wage gaps and the distance between origin and destination areas were important determinants of migration flows, as expected, migration was also strongly influenced by the number of previous migrants from an origin county living in a destination. The assistance provided by previous migrants to friends and relatives contemplating migration led to a perpetuation of earlier migration patterns, and helps to explain the continued dominance of London as a destination …


New Estimates Of British Unemployment, 1870-1913, George R. Boyer, Timothy J. Hatton Dec 2011

New Estimates Of British Unemployment, 1870-1913, George R. Boyer, Timothy J. Hatton

George R. Boyer

We present new estimates of the British industrial unemployment rate for 1870- 1913, which improve on the Board of Trade's prior estimates. We use similar sources, but our series includes additional industrial sectors, allows for short-time working, and aggregates the various sectors using appropriate labor-force weights from the census. The resulting index suggests a rate of industrial unemployment that was generally higher, but less volatile, than the board's index. We then adjust our series to an economywide basis, and construct a consistent time series of overall unemployment for 1870-1999.


The Greater Boston Region: Industry Mix Affects Growth, David Terkla Dec 2011

The Greater Boston Region: Industry Mix Affects Growth, David Terkla

David G. Terkla

Overall prosperity in the Greater Boston region masks the extreme diversity among its cities and towns. Some areas have experienced robust growth in relatively high paying industries. Others have faced growth only in low-paying jobs, accompanied in many cases by a substantial decline in high-paying sectors. By examining the area’s five subregions in terms of industry types, wage levels, and employment growth, we begin to see reasons for these differences.


The Boston Mpo Planning Process And Low-Income Suburban-To-Suburban Transportation Needs, Phillip Granberry, Michael Landon, David Terkla Dec 2011

The Boston Mpo Planning Process And Low-Income Suburban-To-Suburban Transportation Needs, Phillip Granberry, Michael Landon, David Terkla

David G. Terkla

The rapid evolution in the Boston MPO transportation planning process is discussed as well as its particular application to the suburban-suburban transportation needs of low income individuals. The results of two experiments designed to improve access to transportation for low income suburban individuals are discussed and policy suggestions are made for improving such access.


China's Western Development Strategy: Policies, Effects And Prospects, Zheng Lu, Xiang Deng Nov 2011

China's Western Development Strategy: Policies, Effects And Prospects, Zheng Lu, Xiang Deng

Zheng Lu (Chinese: 路征)

China’s Western Development Strategy (WDS) has been carried out since 1999 with remarkable achievements, whereby Western China also experienced a rapid and stable development during the past decade. This paper analyzes policy actions and effects of WDS. The findings indicate that Western China’s economic development has experienced a dramatic reversion after implementation of WDS, which to a certain extent, proves that WDS has played a significant role in promoting western regions’ development. This paper also reveals some key constraints on Western China’s economic development and then offers a set of policy ideas for the next stage of Western development.


El Paso Economic Development System Review & Recommendations, Edward Feser Nov 2011

El Paso Economic Development System Review & Recommendations, Edward Feser

Edward J Feser

This report, commissioned by the City of El Paso, recommends that El Paso city government undertake a substantial reform of its economic development effort and that public and private sector stakeholders in the broader El Paso region mobilize to create an organizational vehicle for the kind of public‐private collaboration that is driving innovative economic development in many other major city‐regions in the United States. The analysis also calls for a stronger integration of physical, land use, and economic development planning activities in the city and region, consistent with a trend in international best practice in local and regional economic development.


Solomon's Knot: How Law Can End The Poverty Of Nations, Robert D. Cooter, Hans-Bernd Schaefer Nov 2011

Solomon's Knot: How Law Can End The Poverty Of Nations, Robert D. Cooter, Hans-Bernd Schaefer

Robert Cooter

Sustained growth depends on innovation, whether it’s cutting-edge software from Silicon Valley, an improved assembly line in Sichuan, or a new export market for Swaziland’s leather. Developing a new idea requires money, which poses a problem of trust. The innovator must trust the investor with his idea and the investor must trust the innovator with her money. Robert Cooter and Hans-Bernd Schäfer call this problem the “double trust dilemma of development.” How nations confront it determines whether their economies grow or stagnate. Nowhere is this problem more acute than in poorer nations. Nations are relatively poor in the modern world …


Exploring The Nexus Between Trade, Visitor Arrivals, Remittances And Income In The Pacific: A Study Of Vanuatu, Ronald R. Kumar, Vijay Naidu, Radika Kumar Nov 2011

Exploring The Nexus Between Trade, Visitor Arrivals, Remittances And Income In The Pacific: A Study Of Vanuatu, Ronald R. Kumar, Vijay Naidu, Radika Kumar

Dr Ronald R Kumar

We explore the contributions of trade openness, remittance inflows and expansion in tourism towards improving income in Vanuatu over the periods 1983-2009 using the augmented Solow approach and the ARDL bounds test. The results show trade openness and remittances have a positive and statistically significant effect on the long run growth of the economy while tourism expansion is not statistically significant. For a broad-based development policy we propose: remittance inflows need to be encouraged and additional remittance markets to be explored; trade negotiations with specific focus on temporary movement of natural persons need to be prioritized; and ensuring access to …


Nexus Between Financial And Technology Inclusion, Remittances And Trade Openness Vis-À-Vis Growth: A Study Of Nepal, Ronald R. Kumar Nov 2011

Nexus Between Financial And Technology Inclusion, Remittances And Trade Openness Vis-À-Vis Growth: A Study Of Nepal, Ronald R. Kumar

Dr Ronald R Kumar

No abstract provided.


Trade, Aid, Remittances And Financial Development: The Case Of Pakistan, Ronald Kumar Nov 2011

Trade, Aid, Remittances And Financial Development: The Case Of Pakistan, Ronald Kumar

Dr Ronald R Kumar

In this paper, we explore the role of trade openness, overseas development aid (ODA), remittance inflows and financial development vis-à-vis income in Pakistan for the periods 1980-2010 using the bounds procedure within the augmented Solow-model approach. In the long-run, trade openness, ODA, and remittances have a significant positive effect on the income level, while financial development is not statistically significant. In the short run, ODA has contributed positively towards income growth while remittances, trade openness and financial development have lagged negative effects, thus underscoring somewhat different behaviour of aid and remittance inflows. Accordingly, for development policy discourse, we emphasise the …


Insuficiencia Dinámica Manufacturera Y Estancamiento Económico En México. Análisis Y Recomendaciones De Política, Isaac Leobardo Sánchez Juárez Nov 2011

Insuficiencia Dinámica Manufacturera Y Estancamiento Económico En México. Análisis Y Recomendaciones De Política, Isaac Leobardo Sánchez Juárez

Isaac Sánchez-Juárez

Libro que aborda el problema del estancamiento económico en México, y lo explica por medio de un enfoque sectorial. Incluye también propuestas para superar el problema.


A Retrospective Evaluation Of Elements Of The Eu Vat System - Final Report, Stuart Adam, David Philips, Stephen Smith, Leon Bettendorp, Stefan Boeters, Henk Lm Kox, Bas Straathof, Kasper Stuut Nov 2011

A Retrospective Evaluation Of Elements Of The Eu Vat System - Final Report, Stuart Adam, David Philips, Stephen Smith, Leon Bettendorp, Stefan Boeters, Henk Lm Kox, Bas Straathof, Kasper Stuut

Henk LM Kox

This is the final report of a project on “The retrospective evaluation of elements of the VAT system.” This project has been led by researchers at the Institute for Fiscal
Studies, in co-operation with other members of a consortium of organisations (led by CPB Netherlands Bureau for Economic Policy Analysis) carrying out a programme of economic analysis of taxation for the European Commission, and with additional contributions to this project from researchers outside the consortium. The full report addresses the following 12 evaluation elements:
(1) To what extent do the current VAT arrangements for cross border supplies of goods and …


Wage Inequality In Developing Countries: South–South Trade Matters, Julien Gourdon Nov 2011

Wage Inequality In Developing Countries: South–South Trade Matters, Julien Gourdon

Julien Gourdon

The relationship between trade liberalization and inequality has received considerable attention in recent years. The major purpose of this study is to present new results on the sources of wage inequalities in manufacturing taking into account South–South (S–S) trade. Globalization has not only lead to increasing North–South (N–S) trade, but it has also changed the direction and composition of trade as more trade is carried out among developing countries. In this study, we find that increasing wage inequality is associated more with the South–South trade liberalization than with the classical trade liberalization with northern countries. A part of this increasing …


Compliance Costs And Dissimilarity Of Vat Regimes In The Eu, Henk Lm Kox Nov 2011

Compliance Costs And Dissimilarity Of Vat Regimes In The Eu, Henk Lm Kox

Henk LM Kox

This chapter of the VAT evaluation study presents new indicators that (elsewhere in this study) are used to asses the impacts of current heterogeneous VAT systems in the European Union on intra-EU trade in goods and services. These indicators quantify the extent of differences in VAT regimes across the European Union.
• The current VAT system in the European Union leaves considerable operational and administrative freedom to national governments. This means that, despite European co-ordination on the basic structure of the VAT system, the situation is still such that firms operating in the internal market have to deal with a …


El Vínculo Inversión Extranjera Directa Y Desigualdad Salarial En Los Estados Mexicanos, Vicente German-Soto, Nohemí Marcela Ríos González Nov 2011

El Vínculo Inversión Extranjera Directa Y Desigualdad Salarial En Los Estados Mexicanos, Vicente German-Soto, Nohemí Marcela Ríos González

Vicente German-Soto

Using state information we analyze the link among foreign investment and wage inequality in Mexico. We show the existence of an increase of the demand of qualified work, which has had major importance in the states with major reception of foreign direct investment (FDI), since also FDI tends to concentrate itself geographically. The regression results indicate that 1% of increase in the per capita foreign investment has an effect near to 6% of increase of the wage inequality. Meanwhile, when we consider only the set of states with major reception of foreign investment a negative effect of 12% is estimated.


Educational Progress And Economic Development, Gary S. Fields Nov 2011

Educational Progress And Economic Development, Gary S. Fields

Gary S Fields

[Excerpt] Many development agencies seek to channel economic assistance to those less-developed countries (LDCs) and activities that will help the poor to achieve a better life (this phraseology is from the U.S. Foreign Assistance Act as amended in 1975). Education is an important indicator of countries' performance. This chapter examines the suitability of alternative education indicators as guides for planning and evaluating countries' progress and commitment toward increasing the participation of the poor in development.


Le Rôle Des Foires Et Salons Dans Le Développement Commercial Et Économique D’Un Pays, Madow Yves Nagou Dr Nov 2011

Le Rôle Des Foires Et Salons Dans Le Développement Commercial Et Économique D’Un Pays, Madow Yves Nagou Dr

Dr NAGOU Madow Yves

Salons et foires sont des lieux de communications et d'échanges. L'article expose les différents enjeux de l'organisation des foires dans les pays en quête de savoir-faire en organisation commerciale et de technologies adaptées à la promotion du leur économie.


Reemplazando El Consenso De Washington Por El Consenso De Suramérica, Francisco Carlos Ruiz Diaz Nov 2011

Reemplazando El Consenso De Washington Por El Consenso De Suramérica, Francisco Carlos Ruiz Diaz

Francisco Carlos Ruiz Diaz

A principios de la década de 1990 los organismos internacionales consensuaron una serie de medidas que debían ser incorporadas en las estrategias de crecimiento de los países en desarrollo. Este conjunto de reglas, surgidas de una lista preparada por John Williamson, se conoció como el “Consenso de Washington”. A partir de las mismas, los organismos financieros internacionales condicionaron a los países en desarrollo la concesión de ayudas no reembolsables y líneas de créditos, sujetos a la implementación de políticas económicas concebidas bajo las doctrinas ortodoxas: liberalización económica, privatización de las empresas públicas, desmantelamiento de los incentivos a las exportaciones y …


Education And Income Distribution In Developing Countries: A Review Of The Literature, Gary S. Fields Oct 2011

Education And Income Distribution In Developing Countries: A Review Of The Literature, Gary S. Fields

Gary S Fields

[Excerpt] This paper is a survey of the available literature on education and income distribution in developing countries. Education may affect the distribution of income in a variety of ways: by raising the level of income; by changing, for better or worse, the dispersion of income; by opening up new opportunities for the children of the poor and thereby serving as a vehicle for social mobility and/or, by limiting participation to the children of the well-to-do, transmitting intergenerational inequality; by offering greater access to favored segments of the population (boys, city-dwellers, certain racial groups); by rewarding differently the education received …


Growth And Distribution In The Market Economies Of East Asia, Gary S. Fields Oct 2011

Growth And Distribution In The Market Economies Of East Asia, Gary S. Fields

Gary S Fields

This is a review and comparison of seven books dealing with income distribution and economic development focusing on the countries of East Asia. The books reviewed are: Irma Adelman and Sherman Robinson, Income Distribution Policy in Developing Countries. New York: Oxford University Press, 1979. Edward K. Y. Chen, Hyper-Growth in Asian Economies: A Comparative Study of Hong Kong, Japan, Korea, Singapore, and Taiwan. New York: Holmes & Meier, 1979. John C. H. Fei, Gustav Ranis, and Shirley W. Y. Kuo, Growth with Equity: The Taiwan Case. New York: Oxford University Press, 1980. Walter Galenson, ed., Economic Growth and Structural Change …


Impacts Of Social Upbringing On Family Integration In Military Life In Sudan, Professor Issam A.W. Mohamed Oct 2011

Impacts Of Social Upbringing On Family Integration In Military Life In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

In a country on the eve of losing one third of its land, 80% of potential natural resources and 75% of external exports value, economic future seems gloomy. Many opinions were given for economic solutions after the Southern Sudan secession. However, that does not support a theoretical framework that those are the only reasons for the expected economic collapse. Our theory here is that such collapse already happened because of economic mismanagement, corruption and hoarding initiated by the calls for empowerment and carried out by the regime's members. Such acts extended to the banks, economic institutions and randomized privatization. The …


Poverty Changes In Developing Countries, Gary S. Fields Oct 2011

Poverty Changes In Developing Countries, Gary S. Fields

Gary S Fields

[Excerpt] This chapter is concerned with measuring how the extent of poverty changes in a country over time. 'Poverty', as the term is used here, denotes the inability of an individual or a family to command sufficient resources to satisfy basic needs. The poverty line is a constant real amount below which people are said to be poor. The extent of poverty in a country is then based on variables such as the number who are poor and the extent of their resource shortfall. This chapter treats three topics: how poverty is defined, how much poverty there is, and how …