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Institutions Rule

Institutions Rule »

Article

Source: Institutions Rule : The Primacy of Institutions over Integration and Geography in Economic Development

Volume/Issue: 2002/189

Series: IMF Working Papers

Author(s): Arvind Subramanian , Francesco Trebbi , and Dani Rodrik

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2002

ISBN: 9781451859621

Keywords: Institutions, integration, geography, equation, statistics, dummy variable, equations, samples, Macroeconomic Analyses of Economic Development, Capitalist Systems: Political Economy

We estimate the respective contributions of institutions, geography, and trade in determining cross-country income levels using recently developed instruments for institutions and trade. Our results indicate that t...

Solow Versus Harrod-Domar

Solow Versus Harrod-Domar »

Article

Source: Solow Versus Harrod-Domar : Reexamining the Aid Costs of the First Millennium Development Goal

Volume/Issue: 2006/284

Series: IMF Working Papers

Author(s): Carl-Johan Dalgaard , and Lennart Erickson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2006

ISBN: 9781451865448

Keywords: Solow Model, equation, gdp per capita, calibrations, growth model, calibration, Macroeconomic Analyses of Economic Development, Foregin Aid,

The First Millennium Development Goal (MDG#1) is to cut the fraction of global population living on less than one dollar per day in half, by 2015. Foreign aid financed investments may contribute to the attainment o...

Pace and Sequencing of Economic Policies

Pace and Sequencing of Economic Policies »

Article

Source: Pace and Sequencing of Economic Policies

Volume/Issue: 2005/118

Series: IMF Working Papers

Author(s): Juan Zalduendo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2005

ISBN: 9781451861372

Keywords: Growth, factor analysis, equation, correlation, trade liberalization, standard error, Macroeconomic Analyses of Economic Development, Development Planning and Policy: Other, Economywide Country Studies: General,

This paper examines the design of economic policies using factor analysis, which has several advantages; in particular, it limits the problems that typically arise from the high correlation of economic policy indic...

Structural Reforms and Regional Convergence

Structural Reforms and Regional Convergence »

Article

Source: Structural Reforms and Regional Convergence

Volume/Issue: 2012/106

Series: IMF Working Papers

Author(s): Antonio Spilimbergo , and Natasha Che

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2012

ISBN: 9781475503272

Keywords: Structural reforms, regional convergence, equation, wage, minimum wage, severance payment, statistics, Macroeconomic Analyses of Economic Development, Economic Development: Regional, Urban

Which structural reforms affect the speed the regional convergence within a country? We found that domestic financial development, trade/current account openness, better institutional infrastructure, and selected l...

Rent Seeking and Endogenous Income Inequality

Rent Seeking and Endogenous Income Inequality »

Article

Source: Rent Seeking and Endogenous Income Inequality

Volume/Issue: 2001/15

Series: IMF Working Papers

Author(s): Paul Wade , and Era Dabla-Norris

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2001

ISBN: 9781451843262

Keywords: lotteries, probability, expropriation, equation, credit markets, equations, Personal Income, Wealth, and Their Distributions, Models of Political Processes: Rent-seeking

This paper studies the relationship between wealth inequality and occupational choice between rent-seeking and production. With imperfect credit markets and a fixed cost to rent-seeking, only wealthy agents choose...

Rent Seeking

Rent Seeking »

Article

Source: Rent Seeking

Volume/Issue: 2005/43

Series: IMF Working Papers

Author(s): Shankha Chakraborty , and Era Dabla-Norris

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2005

ISBN: 9781451860627

Keywords: probability, expropriation, equation, credit markets, increasing returns, Personal Income, Wealth, and Their Distributions, Models of Political Processes: Rent-seeking, Elections

This paper examines the relationship between rent seeking and economic performance when governments cannot enforce property rights. With imperfect credit markets and a fixed cost of rent seeking, only wealthy agent...

The Role of Structural Reforms in Raising Economic Growth in Central America

The Role of Structural Reforms in Raising Economic Growth in Central America »

Article

Source: The Role of Structural Reforms in Raising Economic Growth in Central America

Volume/Issue: 2011/248

Series: IMF Working Papers

Author(s): Andrew Swiston , and Luis Barrot

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2011

ISBN: 9781463923273

Keywords: Structural Reform, Factor Accumulation, System GMM, financial system, domestic financial system, growth rates, growth rate, Multiple or Simultaneous Equation Models: Models with Panel Data, Multiple or Simultaneous Equation Models: Other, Macroeconomic Analyses of Economic Development

Central America experienced moderate growth during the last decade, including in the years leading up to the global financial crisis, but the rate of convergence toward advanced country income levels has still been...

Institutions Rule : The Primacy of Institutions over Integration and Geography in Economic Development

Institutions Rule : The Primacy of Institutions over Integration and Geography in Economic Development »

Journal Issue

Volume/Issue: 2002/189

Series: IMF Working Papers

Author(s): Arvind Subramanian , Francesco Trebbi , and Dani Rodrik

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2002

DOI: http://dx.doi.org/10.5089/9781451859621.001

ISBN: 9781451859621

Keywords: Institutions, integration, geography, equation, statistics, dummy variable, equations, samples, Macroeconomic Analyses of Economic Development, Capitalist Systems: Political Economy

We estimate the respective contributions of institutions, geography, and trade in determining cross-country income levels using recently developed instruments for institutions and trade. Our results indicate that t...

Solow Versus Harrod-Domar : Reexamining the Aid Costs of the First Millennium Development Goal

Solow Versus Harrod-Domar : Reexamining the Aid Costs of the First Millennium Development Goal »

Journal Issue

Volume/Issue: 2006/284

Series: IMF Working Papers

Author(s): Carl-Johan Dalgaard , and Lennart Erickson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2006

DOI: http://dx.doi.org/10.5089/9781451865448.001

ISBN: 9781451865448

Keywords: Solow Model, equation, gdp per capita, calibrations, growth model, calibration, Macroeconomic Analyses of Economic Development, Foregin Aid,

The First Millennium Development Goal (MDG#1) is to cut the fraction of global population living on less than one dollar per day in half, by 2015. Foreign aid financed investments may contribute to the attainment o...

Pace and Sequencing of Economic Policies

Pace and Sequencing of Economic Policies »

Journal Issue

Volume/Issue: 2005/118

Series: IMF Working Papers

Author(s): Juan Zalduendo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2005

DOI: http://dx.doi.org/10.5089/9781451861372.001

ISBN: 9781451861372

Keywords: Growth, factor analysis, equation, correlation, trade liberalization, standard error, Macroeconomic Analyses of Economic Development, Development Planning and Policy: Other, Economywide Country Studies: General,

This paper examines the design of economic policies using factor analysis, which has several advantages; in particular, it limits the problems that typically arise from the high correlation of economic policy indic...