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Full-Text Articles in International Economics
Idiosyncratic Risk And Development In Developing Countries, Minh Dao
Idiosyncratic Risk And Development In Developing Countries, Minh Dao
Minh Dao
This paper examines the impact of idiosyncratic risk management on economic development in developing countries. Based on data from the World Bank, we use a sample of twenty-seven developing economies and find that selected indicators related to risk management at the household level do have a statistically significant effect on economic development in these countries. Regression results show that almost four-fifths of cross-developing country variations in purchasing power parity per capita gross national income can be explained by its linear dependency on the percentage of the population aged over 25 who have completed the tertiary level of education, education quality …
The Role Of Policy Fundamentals In Fostering Economic Growth In Developing Countries, Minh Dao
The Role Of Policy Fundamentals In Fostering Economic Growth In Developing Countries, Minh Dao
Minh Dao
This paper examines the role of policy fundamentals in fostering economic growth in developing countries. Based on data from the World Bank for the 2000-2011 period and a sample of sixty-two developing economies we find that the growth rate of per capita GDP is dependent on a country’s investments in human capital as measured by the share of the public sector in total health expenditure and by the relative size of public education in the government’s budget, on an enabling business environment as measured by two Doing Business indicators, namely the cost of starting a business as a percent of …
Poverty In Agrarian Developing Economies, Minh Dao
Poverty In Agrarian Developing Economies, Minh Dao
Minh Dao
This paper examines the determinants of poverty in agrarian developing economies. Based on data from the World Bank and a sample of thirty agrarian developing economies we find that the fraction of the population below the national poverty line is linearly dependent on urbanization as measured by the fraction of the total population living in urban areas, the maternal mortality ratio, the level of development as measured by purchasing power parity per capita gross national income, and the fraction of births attended by skilled health staff. We observe that the coefficient estimate of one explanatory variable, namely, the fraction of …