Research Papers:

The weightless economy in economic development
Quah, D. (1999)

Unlocking Economic Growth in Russia
McKinsey Global Institute (1999)

Emerging Equity Markets and Economic Development
Bekaert, G., C.R. Harvey & C. Lundblad (2000)

Culture and Development
Sen, A. (2000)

History Matters: Economic Growth, Technology, and Population   CONFERENCE VOLUME
Various Authors (2000)

Richer or Poorer? Achievements and challenges for ethical trade
Barrientos, S. & M. Blowfield (2001)

Finance for Growth: Policy Choices in a Volatile World
Caprio, G. and P. Honohan (2001)

An Economic and Social Security Council at the United Nations   
Stewart, F. & S. Daws (2001)

The end of the developmental state? A general equilibrium investigation on the sources of the Asian crisis within a multi-region, inter-temporal CGE model   
Adelman, I. & Yeldan, A.E. (2001)

Market economics in Africa: a different ball game?
Fafchamps, M. (2001)

Hard currency and financial development   
Goldfajn, I. & R. Rigobon (2001)

Growth or Stagnation? The Role of Public Education
Beauchemin, K. (2001)

Human Development Report 2001: Making Technologies Work for Human Development   
UNDP (2001)

Abstract: Technology networks are transforming the traditional map of development, expanding people's horizons and creating the potential to realize in a decade progress that required generations in the past.

Resource Curse or Debt Overhang?
Manzano, O. & R. Rigobon (2001)

Human Capital and Growth: The Recovered Role of Education Systems
Dessus, S. (2001)

Beyond Balanced Growth
Kongsamut, P., D. Xie, & S. Rebelo (2001)

Flushing away arid theories: a reality check on the water debate
Mehta, L. (2001)

"Big Bang" Versus Gradualism in Economic Reforms: An Intertemporal Analysis with an Application to China
Feltenstein, A & S.M. Nsouli (2001)

Promoting Fair Tax Competition
Owens, J. & R.M. Hammer (2001)

Who Can Explain the Mauritian Miracle: Meade, Romer, Sachs, or Rodrik?
Subramanian, A. & D. Roy (2001)

The Role of Social Capital in Financial Development   
Guiso, L., P. Sapienza & L. Zingales (2001)

Does Financial Activity Cause Economic Growth?
Graff, M. (2001)

Middle-Income Countries: Development Challenges and Growing Global Role
Fallon, P., V. Hon, Z. Qureshi & D. Ratha (2001)

Asian Development Outlook 2001      
Asian Development Bank (2001)

Abstract: Notwithstanding the less hospitable external environment, the Asian Development Outlook (ADO) 2001 is cautiously optimistic that the prospects for the Asian and Pacific region remain moderate and will improve by 2002. However, there are significant challenges that the region has to address including taking appropriate policies to: maintain stable macroeconomy, promote prudent financial policies, adopt sound regulatory practices. There are also significant downside risks in the near-term outlook if the global slowdown persists.

The Provision of Public Housing in Singapore
UNDP (2001)

Reserve Adequacy in Emerging Market Economics
Wijnholds, O.B.J. & A. Kapteyn (2001)

Aid, Shocks, and Growth
Collier, P. & J. Dehn (2001)

Financial Development and Financing Constraints: International Evidence from the Structural Investment Model
Love, I. (2001)

Foreign Bank Entry: Experience, Implications for Developing Countries, and Agenda for Further Research
Clarke, G., R. Cull, M.S.M. Peria & S.M. Sánchez (2001)

International Spillovers and Water Quality in Rivers: Do Countries Free Ride?
Sigman, H. (2001)

Tiger tactics? Should governments intervene?
Lall, S. (2001)

Development, Trade and Migration   
Faini, R. (2001)

Financial Structure and Economic Growth: A Cross-Country Comparison of Banks, Markets, and Development   
Demirguc-Kunt, A. & R. Levine (eds) (2002)

Abstract: This is the first broad cross-country assessment of the ties between financial structure--the mix of financial instruments, institutions, and markets in a given economy--and economic growth since Raymond Goldsmith’s 1969 landmark study. Most studies focus on developed countries and compare bank-based and market-based systems. Debates over the relative merits of the two systems have relied on case studies of Germany, Japan, the United Kingdom, and the United States, countries with similar long-run growth rates. The absence of data on developing countries limits the usefulness of such studies for policy makers. The book contains recently acquired cross-country data from almost 150 countries. It includes information on the size, efficiency, and activity of banks, insurance companies, pension and mutual funds, finance companies, and stock and bond markets. It also incorporates information on each country’s political, economic, and social environment. The chapters contain a mix of case studies, cross-country studies, macro- and micro-oriented approaches, and analytical and empirical work. The conclusions point not to markets versus banks, but to markets and banks. It is how well a financial system functions that is critical for long-run economic growth. The research suggests that strong legal rights for outside investors and the overall efficiency of contract enforcement are effective tools for developing the financial sector and the economy.

Economic Development and the World Trade Organization After Doha
Hoekman, B. (2002)

The Health of Nations: The Contribution of Improved Health to Living Standards
Nordhaus, W.D. (2002)

Goals for Development: History, Prospects, and Costs   SURVEY PAPER
Devarajan, S., M.J. Miller & E.V. Swanson (2002)

World Development Report 2003: Sustainable Development in a Dynamic Economy
World Bank (2002)

Real Exchange Rate Uncertainty and Private Investment in Developing Countries
Serven, L. (2002)

Least Developed Countries Report 2002: Escaping the Poverty Trap
UNCTAD (2002)

Does Exchange Rate Policy Matter for Growth?   
Bailliu, J., R. Lafrance & J.F. Perrault (2002)

Local Currency as a Development Strategy   
Jayaraman, R. & M. Oak (2002)

Sustainable Development in a Dynamic World
World Development Report 2003 (World Bank) (2002)

Signing up to globalisation: assessing trends in developing country trade
Page, S. (2002)

The Speed of Adjustment and the Sequencing of Economic Reforms: Issues and Guidelines for Policymakers
Nsouli, S.M., M.R. Rached & N. Funke (2002)

International Financial Integration and Economic Growth
Edison, H., R. Levine, L.A. Ricci & T.M. Slok (2002)

Human Development Report 2002: Deepening Democracy in a Fragmented World   
UNDP (2002)

Abstract: Politics matter for human development. Reducing poverty depends as much on whether poor people have political power as on their opportunities for economic progress. Democracy has proven to be the system of governance most capable of mediating and preventing conflict and of securing and sustaining well-being. By expanding people's choices about how and by whom they are governed, democracy brings principles of participation and accountability to the process of human development.

Institutions Rule: The Primacy of Institutions over Geography and Integration in Economic Development
Rodrik, D., A. Subramanian & F. Trebbi (2002)

Historical Perspectives on Financial Development and Economic Growth
Rousseau, P.L. (2002)

Institutions Rule: The Primacy of Institutions over Integration and Geography in Economic Development   
Rodrik, D., A. Subramanian, & F. Trebbi (2002)

Abstract: We estimate the respective contributions of institutions, geography, and trade in determining income levels around the world, using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions trumps' everything else. Once institutions are controlled for, measures of geography have at best weak direct effects on incomes, although they have a strong indirect effect by influencing the quality of institutions. Similarly, once institutions are controlled for, trade is almost always insignificant, and often enters the income equation with the wrong' (i.e., negative) sign, although trade too has a positive effect on institutional quality. We relate our results to recent literature, and where differences exist, trace their origins to choices on samples, specification, and instrumentation.

Climate Change Policy After Kyoto: A Blueprint for a Realistic Approach
McKibbin, W.J. & P. Wilcoxen (2002)

Dynamic Development: Innovation and Inclusion
Stern, N. (2002)

Capital Account Openness and the Varieties of Growth Experience
Klein, M.W. (2003)

Neoclassical Growth and Commodity Trade
Cunat, A. & M. Maffezzoli (2003)

Trade, Growth, and Poverty: A Selective Survey   SURVEY PAPER
Berg, A. & A.O. Krueger (2003)

Abstract: This survey of the recent literature asks: how important is trade policy for poverty reduction? We consider the effects of openness on poverty in two components: the effect of openness on average income growth, and the effect on distribution for a given growth rate. Evidence from a variety of sources (cross-country and panel growth regressions, industry and firm-level research, and case studies) supports the view that trade openness contributes greatly to growth. Moreover, trade openness does not have systematic effects on the poor beyond its effect on overall growth. Trade policy is only one of many determinants of growth and poverty reduction. Trade openness has important positive spillovers on other aspects of reform, however, so that the correlation of trade with other pro-reform policies speaks to the advantages of making openness a primary part of the reform package.

The Global Governance of Trade As If Development Really Mattered      
Rodrik, D. (2003)

Abstract: This paper presents an alternative account of economic development, one which questions the centrality of trade and trade policy and emphasizes instead the critical role of domestic institutional innovations. It argues that economic growth is rarely sparked by imported blueprints and opening up the economy is hardly ever critical at the outset. Initial reforms instead tend to combine unconventional institutional innovations with some elements from the orthodox recipe. They are country - specific, based on local knowledge and experimentation. They are targeted to domestic investors and tailored to domestic institutional realities. The paper makes the case for a reorientation , arguing that developing countries are short - changing themselves when they focus their complaints on specific asymmetries in market access (tariff peaks against developing country exports, industrial country protection in agriculture and textiles, etc. ). They would be better served by pressing for changes that enshrine development at the top of the WTO agenda, and thereby provide them with a better mix of enhanced market access and room to pursue appropriate development strategies.

The Multilateral Trading System: A Development Perspective   
Third World Network (2003)

Short-Run Pain, Long-Run Gain: The Effects of Financial Liberalization
Kaminsky, G. & S. Schmukler (2003)

Openness and Growth: What's the Empirical Relationship?
Baldwin, R. (2003)

Trade Facilitation and Economic Development: Measuring the Impact
Mann, C., T. Otsuki & J.S. Wilson (2003)

Institutions, Trade, and Growth: Revisiting the Evidence
Dollar, D. & A. Kraay (2003)

Religion and Economic Growth
Barro, R.J. & R. McCleary (2003)

The Millennium Development Goals, Capacity Building, and the Role of the IMF
Hakura, D. & S.M. Tsouli (2003)

Human Development Report 2003: Millennium Development Goals: A compact among nations to end human poverty   
UNDP (2003)

Abstract: The range of human development in the world is vast and uneven, with astounding progress in some areas amidst stagnation and dismal decline in others. Balance and stability in the world will require the commitment of all nations, rich and poor, and a global development compact to extend the wealth of possibilities to all people.

New Data, New doubts: A Comment on Burnside and Dollar's "Aid, Policies, and Growth" (2000)
Easterly, W., R. Levine & D. Roodman (2003)

An Empirical Reassessment of the Relationship between Finance and Growth   
Favara, G. (2003)

Trade openness and economic growth: a cross-country empirical investigation   
Yanikkaya, H. (2003)

The Future of Domestic Capital Markets in Developing Countries      CONFERENCE VOLUME
Litan, R., M. Pomerleano & V. Sundararajan (editors) (2003)

Abstract: The Future of Domestic Capital Markets in Developing Countries addresses the challenges that countries face as they develop and strengthen capital markets. Based on input from the world’s most prominent capital market experts and leading policymakers in developing countries, this volume represents the latest thinking in capital market development. It captures the views of a global gathering of experts, with perspectives from developing and developed countries, from all regions of the world, from the public and private sector. This volume should be of interest to senior financial sector policymakers from developed and developing countries in securities and exchange commissions, regulators, central banks, ministries of finance, and monetary authorities; private sector executives in stock exchanges, bond markets, venture capital markets, and investment funds; and researchers and academicians with an interest in capital market development in emerging markets.

FDI Spillovers, Financial Markets and Economic Development
Alfaro, L., A. Chanda, S. Kalemli-Ozcan & S. Sayek (2003)

Global economic prospects 2004: realising the development promise of the Doha agenda
World Bank (2003)

Growth Strategies
Rodrik, D. (2003)

World Development Report: Making Services Work For Poor People
World Development Report 2004 (World Bank) (2003)

World Development Report: Investment Climate, Growth and Poverty
World Development Report 2005 (World Bank) (2004)

Self-serving dictators and economic growth   
Sadrieh, A., D. Haile & H.A.A. Verbon (2003)

Political Instability and Growth in Dictatorships   
Overland, J., K. Simons & M. Spagat (2003)

Finance and Development: Institutional and Policy Alternatives to Financial Liberalization
Arestis, A., M. Nissanke & H. Stein (2003)

Helping the Poor to Help Themselves: Debt Relief or Aid
Arslanalp, S. & P.B. Henry (2004)

Financial Development and Growth in the Short and Long Run
Fisman, R. & I. Love (2004)

Trade, Growth, and Poverty   
Dollar, D. & A. Kraay (2004)

What Are the Channels Through Which External Debt Affects Growth?
Pattillo, C.A., H.K. Poirson & L.A. Ricci (2004)

The Effect of Financial Development on Convergence: Theory and Evidence
Aghion, P., P. Howitt & D. Mayer-Foulkes (2004)

A unified theory of the evolution of international income levels   
Parente , S.L. & E.C. Prescott (2004)

Abstract: This essay develops a theory of the evolution of international income levels. In particular, it augments the Hansen-Prescott theory of economic development with the Parente-Prescott theory of relative efficiencies and shows that the unified theory accounts for the evolution of international income levels over the last millennium. The essence of this unified theory is that a country starts to experience sustained increases in its living standard when production efficiency reaches a critical point. Countries reach this critical level of efficiency at different dates not because they have access to different stocks of knowledge, but rather because they differ in the amount of society-imposed constraints on the technology choices of their citizenry.

Institutions as the Fundamental Cause of Long-Run Growth
Acemoglu, D., S. Johnson & J. Robinson (2004)

The Comparative Politics of Corruption: Accounting for the East Asian Paradox in Empirical Studies of Corruption, Growth and Investment   
Rock, M.T. & H. Bonnett (2004)

Growth Accelerations
Hausmann, R., L. Pritchett & D. Rodrik (2004)   

Do Institutions Cause Growth?
Glaeser, E.L., R. La Porta & F. Lopez-de-Silane (2004)

Abstract: We revisit the debate over whether political institutions cause economic growth, or whether, alternatively, growth and human capital accumulation lead to institutional improvement. We find that most indicators of institutional quality used to establish the proposition that institutions cause growth are constructed to be conceptually unsuitable for that purpose. We also find that some of the instrumental variable techniques used in the literature are flawed. Basic OLS results, as well as a variety of additional evidence, suggest that a) human capital is a more basic source of growth than are the institutions, b) poor countries get out of poverty through good policies, often pursued by dictators, and c) subsequently improve their political institutions.

Trade and Financial Development
Do, Q-T. & A.A. Levchenko (2004)

Financial Opening and Development: Evidence and Policy Controversies   
Aizenman, J. (2004)

Once Again, is Openness Good for Growth? | Published   
Ricci, L.A., H.Y. Lee & R. Rigobon (2004)

Endogenous Distribution, Politics, and the Growth-Equity Tradeoff
Das, S.P. & C. Ghate (2004)

What Does Political Economy Tell Us about Economic Development and Vice Versa?      SURVEY PAPER
Keefer, P. (2004)
Abstract: Keefer reviews how three pillars of political economy—collective action, institutions, and political market imperfections—help us answer the question: Why do some countries develop and others do not? Each makes tremendous advances in our understanding of who wins and who loses in government decisionmaking, generally, but only a subset of this literature helps us answer the question. The study of political market imperfections strongly suggests that the lack of credibility of pre-electoral political promises and incomplete voter information are especially robust in explaining development outcomes. From the institutional literature, the most powerful explanation of contrasting development outcomes links political checks and balances to the credibility of government commitments.

Grants versus Loans
Cordella, T. & H. Ulku (2004)

Once Again, is Openness Good for Growth?
Lee, H.Y., L.A. Ricci & R. Rigobon (2004)

Finance and Growth: Theory and Evidence   SURVEY PAPER
Levine, R. (2004)

Growth and Ideas
Jones, C.I. (2004)

Dualism and Cross-Country Growth Regressions
Woessman, L. & J.R.W. Temple (2004)

The Effects of the Colombian Trade Liberalization on Urban Poverty   
Goldberg, P.K. & N. Pavcnik (2004)

The Gift of the Dying: The Tragedy of AIDS and the Welfare of Future African Generations
Young, A. (2004)

Global Growth Opportunities and Market Integration
Bekaert, G., C.R. Harvey, C. Lundblad & S. Siegel (2004)

Economic Development Under Alternative Trade Regimes   
Rui, C. (2004)

World Development Report 2006: Equity and Development
World Development Report 2006 (World Bank) (2005)

What did structural adjustment adjust?: The association of policies and growth with repeated IMF and World Bank adjustment loans   
Easterly, W. (2005)

Why Are We Worried About Income? Nearly Everything that Matters is Converging      
Kenny, C. (2005)

Abstract: Convergence of national GDP/capita numbers is a common, but narrow, measure of global success or failure in development. This paper takes a broader range of quality of life variables covering health, education, rights and infrastructure and examines if they are converging across countries. It finds that these measures are converging as a rule and (where we have data) that they have been converging for some time. The paper turns to a discussion of what might be driving convergence in quality of life even as incomes diverge, and what this might mean for the donor community.

Lobbies and Technology Diffusion
Comin, D. & B. Hobijn (2005)

Building a Clean Machine: Anti-Corruption Coalitions and Sustainable Reform
Johnston, M. & S.J. Kpundeh (2005)

Financial Dependence, Banking Sector Competition, and Economic Growth
Claessens, S. & L. Laeven (2005)

Outgrowing Resource Dependence: Theory and Some Recent Developments
Martin, W. (2005)

Scarcity, Conflicts, and Cooperation: Essays in the Political and Institutional Economics of Development   
Bardhan, P. (2005)

Abstract: This wide-ranging review of some of the major issues in development economics focuses on the role of economic and political institutions. Drawing on the latest findings in institutional economics and political economy, Pranab Bardhan, a leader in the field of development economics, offers a relatively nontechnical discussion of current thinking on these issues from the viewpoint of poor countries, synthesizing recent research and reflecting on where we stand today. The institutional framework of an economy defines and constrains the opportunities of individuals, determines the business climate, and shapes the incentives and organizations for collective action on the part of communities; Pranab Bardhan finds the institutional framework to be relatively weak in many poor countries. Institutional failures, weak accountability mechanisms, and missed opportunities for cooperative problem-solving become the themes of the book, with the role of distributive conflicts in the persistence of dysfunctional institutions a common thread. Special issues taken up include the institutions for securing property rights and resolving coordination failures; the structural basis of power; commitment devices and political accountability; the complex relationship between democracy and poverty (with examples from India, where both have been durable); decentralization and devolution of power; persistence of corruption; ethnic conflicts; and impediments to collective action. Formal models are largely avoided, except in two chapters where Bardhan briefly introduces new models to elucidate currently under-researched areas. Other chapters review existing models, emphasizing the essential ideas rather than the formal details. Thus the book will be valuable not only for economists but also for social scientists and policymakers.

Growth Empirics under Model Uncertainty: Is Africa Different?
Tsangarides, C.G. (2005)

Income ranking and convergence with physical and human capital and income inequality   
Zhang, J. (2005)

How Do Trade and Financial Integration Affect the Relationship Between Growth and Volatility? | Published
Kose, M.A., E. Prasad & M. Terrones (2005/06)

Foreign Investment, Corporate Ownership, and Development: Are Firms in Emerging Markets Catching Up to the World Standard?
Peter, K.S., J. Svejnar & K. Terrell (2005)

Colonialism, Inequality, and Long-Run Paths of Development
Engerman, S.L. & K.L. Sokoloff (2005)

Financial Liberalization in Latin-America in the 1990s: A Reassessment
Aizenman, J. (2005)

Sowing and Reaping: Institutional Quality and Project Outcomes in Developing Countries
Dollar. D. & V. Levin (2005)

Corporate Governance, Economic Entrenchment and Growth
Morck, R., D. Wolfenzon & B. Yeung (2005)

A Global View of Economic Growth
Ventura, J. (2005)

Development      
Schumpeter, J.A. (2005)

Abstract: The present article introduces Development, a new, unpublished and hitherto unknown article by Joseph A. Schumpeter from 1932. Development is remarkable because it significantly adds to Schumpeter's known works on a number of issues that were central to his theory of economic development. Development shows that Schumpeter considered the explanation of novelty as the most important unsolved scientific problem. Schumpeter doubts the explanatory value of entrepreneurship and indicates that theoretical advances might be forthcoming that can help a better understanding of the social dynamics which gives rise to novelty.

Agriculture and national welfare around the world: causality and international heterogeneity since 1960
Bravo-Ortega, C. & D. Lederman (2005)

Growth and Empowerment: Making Development Happen   
Stern, N., J-J. Dethier & F.H. Rogers (2005)

Abstract: Despite significant gains in promoting economic growth and living conditions (or "human progress") globally over the last twenty-five years, much of the developing world remains plagued by poverty and its attendant problems, including high rates of child mortality, illiteracy, environmental degradation, and war. In Growth and Empowerment, Nicholas Stern, Jean-Jacques Dethier, and F. Halsey Rogers propose a new strategy for development. Drawing on many years of work in development economics -- in academia, in the field, and at international institutions such as the World Bank -- the authors base their strategy on two interrelated approaches: building a climate that encourages investment and growth and at the same time empowering poor people to participate in that growth. This plan differs from other models for development, including the dogmatic approach of market fundamentalism popular in the 1980s and 1990s. Stern, Dethier, and Rogers see economic development as a dynamic process of continuous change in which entrepreneurship, innovation, flexibility, and mobility are crucial components and the idea of empowerment, as both a goal and a driver of development, is central. The book points to the unique opportunity today -- after 50 years of successes and failures, and with a growing body of analytical work to draw on -- to pursue new development strategies in both research and action.

In Search of the Holy Grail: Policy Convergence, Experimentation, and Economic Performance   
Mukand, S.W. & D. Rodrik (2005)

Democracy, Volatility, and Economic Development   
Mobarak, A.M. (2005)

The Rise of Europe: Atlantic Trade, Institutional Change, and Economic Growth   
Acemoglu, D., S. Johnson & J. Robinson (2005)

Religion and economic performance   
Noland, M. (2005)

Culture and Institutions: Economic Development in the Regions of Europe   
Tabellini, G. (2005)

Will a global subsidy of artemisinin-based combination treatment (ACT) for malaria delay the emergence of resistance and save lives?
Laxminarayan, L., M. Over & D.L. Smith (2005)

The IMF's Role in Low-Income Countries: Issues and Challenges
Lombardi, D. (2005)

Death and Development
Lorentzen, P., J. McMillan & R. Wacziarg (2005)

Ethnic Diversity and Economic Performance   
Alesina, A. & E.L. Ferrara (2005)

Does openness imply greater exposure?
Calderon, C., N. Loayza & K. Schmidt-Hebbel (2005)

Distortions to world trade: impacts on agricultural markets and farm incomes
Anderson, K., W. Martin & D. van der Mensbrugghe (2005)

Openness Can be Good for Growth: The Role of Policy Complementarities
Chang, R., L. Kaltani & N. Loayza (2005)

Institutional Explanations of Economic Development: The Role of Precious Metals
Papyrakis, E. & R. Gerlagh (2005)

Innovation and development around the world, 1960-2000
Lederman, D. & L. Saenz (2005)

Distribution of Natural Resources, Entrepreneurship, and Economic Development: Growth Dynamics with two Elites   
Falkinger, J. & V. Grossmann (2005)

Happiness and the Human Development Index: The Paradox of Australia
Blanchflower, D. & A. Oswald (2005)

Impact of World Bank lending in an adjustment-led growth model   
Mallick, S. & T. Moore (2005)

World Bank lending and regulation   
Kilby, C. (2005)

Demand for World Bank lending   
Ratha, D. (2005)

Distance to Frontier, Selection, and Economic Growth   
Acemoglu, D., P. Aghion & F. Zilibotti (2006)

Assessing the Sources of Changes in the Volatility of Real Growth
Cecchetti, S.G., A. Flores-Lagunes & S. Krause (2006)

Intangible Capital and Economic Growth
Corrado, C.A., C.R. Hulten & D.E. Sichel (2006)

Foreign Banks in Poor Countries: Theory and Evidence
Detragiache, E., T. Tressel & P. Gupta (2006)

The Empirics of Social Capital and Economic Development: A Critical Perspective
Sabatani, F. (2006)

Financial performance and outreach: a global analysis of leading microbanks
Morduch, J., R. Cull & A. Demirguc-Kunt (2006)

Creating an efficient financial system: challenges in a global economy
Beck, T. (2006)

Evaluating recipes for development success
Dixit, A. (2006)

The Persistence of Underdevelopment: Institutions, Human Capital, or Constituencies?
Rajan, R.G. & L. Zingales (2006)

Real effective exchange rate volatility and growth: A framework to measure advantages of flexibility vs. costs of volatility   
Bagella, M., L. Becchetti & I. Hasan (2006)

Exchange Rate Volatility and Productivity Growth: The Role of Financial Development
Aghion, P., P. Bacchetta & R. Ranciere (2006)

The Diffusion of Development   
Spolaore, E. & R. Wacziarg (2006)

Abstract: This paper studies the barriers to the diffusion of development across countries from a longterm perspective. We find that genetic distance, a measure associated with the amount of time elapsed since two populations’ last common ancestors, bears a statistically and economically significant relationship with pairwise income differences, even when controlling for various other measures of geographical, climatic, cultural and historical differences. We provide an economic interpretation of these findings, within a framework in which (a) genetic distance captures divergence in characteristics, including cultural traits, that are transmitted vertically across generations within populations over the long term, and (b) such differences in verticallytransmitted characteristics act as barriers to the horizontal diffusion of innovations from the world technological frontier. The empirical evidence over time and space is consistent with this barriers interpretation.

Trends in Hours and Economic Growth
Ngai, L.R. & C.A. Pissarides (2006)

What Does the Solow Model Tell Us about Economic Growth?
Okada, T. (2006)

Comparative advantage, demand for external finance, and financial development
Do, Q-T. & A.A. Levchenko (2006)

Does Financial Integration Spur Economic Growth? New Evidence from the First Era of Financial Globalization   
Schularick, M. & T.M. Steger (2006)

Helping Infant Economies Grow: Foundations of Trade Policies for Developing Countries   
Greenwald, B. & J.E. Stiglitz (2006)

Asian Growth and African Development   
de Carvalho Chamon, M. & M.R. Kremer (2006)

Disease and Development: The Effect of Life Expectancy on Economic Growth | Published
Acemoglu, D. &l S. Johnson (2006/07)

When Does Domestic Saving Matter for Economic Growth?
Aghion, P., D. Comin & P. Howitt (2006)

Remittances, Institutions and Economic Growth
Catrinescu, N., M.A. Leon-Ledesma, M.E. Piracha & B. Quillin (2006)

Finance and economic development: policy choices for developing countries
Demirguc-Kunt, A. (2006)

Big Business Stability and Economic Growth: Is What's Good for General Motors Good for America?
Fogel, K., R. Morck & B. Yeung (2006)

Crises, What Crises?   
Campos. N.F., C. Hsiao & J.B. Nugent (2006)

Geography Rules Too! Economic Development and the Geography of Institutions   
Bosker, M. & H. Garretsen (2006)

World Development Report 2007: Development and the Next Generation
World Development Report 2007 (World Bank) (2006)

Corruption and Growth Under Weak Identification      
Shaw, P., M-S. Katsaiti & M. Jurgilas (2006)

Abstract: The goal of this paper is to revisit the influential work of Mauro [1995] focusing on the strength of his results under weak identification. He finds a negative impact of corruption on investment and economic growth that appears to be robust to endogeneity when using two-stage least squares (2SLS). Since the inception of Mauro [1995], much literature has focused on 2SLS methods revealing the dangers of estimation and thus inference under weak identification. We reproduce the original results of Mauro [1995] with a high level of confidence and show that the instrument used in the original work is in fact ’weak’ as defined by Staiger and Stock [1997]. Thus we update the analysis using a test statistic robust to weak instruments. Our results suggest that under Mauro’s original model there is a high probability that the parameters of interest are locally almost unidentified in multivariate specifications. To address this problem, we also investigate other instruments commonly used in the corruption literature and obtain similar results.

The incidence and persistence of corruption in economic development   
Blackburn, K., N. Bose & M.E. Haque (2006)

Decentralization and Local Governance in Developing Countries: A Comparative Perspective      CONFERENCE VOLUME
Bardhan, P. & D. Mookherjee (editors) (2006)

Abstract: Comparative and interdisciplinary perspectives on the current trend in the developing world of devolving political and economic power to local governments.

Colonialism and Modern Income -- Islands as Natural Experiments
Feyrer, J. & B. Sacerdote (2006)

Economic Growth in an Interdependent World Economy   
Farmer, R.E.A. & A. Lahiri (2006)

Was the Wealth of Nations Determined in 1000 B.C.? | Published
Comin, D., W. Easterly & E. Gong (2006/10)

The demography of youth in developing countries and its economic implications
Lam, D. (2006)

Do institutions matter more for services
Amin, M. & A. Mattoo (2006)

Women, Work, and Culture
Fernandez, R. (2007)

Are corruption and taxation really harmful to growth? Firm level evidence   
Fisman, R. & J. Svensson (2007)

Growth, public investment and corruption with failing institutions      
de la Croix, D. & C. Delavallande (2007)

Abstract: Corruption is thought to prevent poor countries from catching-up. We analyze one channel through which corruption hampers growth: public investment can be distorted in favor of specific types of spending for which rent-seeking is easier and better concealed. To study this distortion, we propose an optimal growth model where households vote for the composition of public spending subject to an incentive constraint reflecting individuals’ choice between productive activity and rent-seeking. At equilibrium, the intensity of corruption and the structure of public investment are determined by the predatory technology and the distribution of political power. Among different regimes, the model shows a possible scenario of distortion without corruption in which there is no effective corruption yet still the possibility of corruption distorts the allocation of public investment, thus hampering growth. We test the implications of the model on a panel of countries estimating a system of equations with instrumental variables. We find that countries with a high predatory technology invest more in housing and physical capital in comparison with health and education. For equal initial conditions, such countries grow slower and have higher corruption, in particular when political power is concentrated.

Growth, Development, and Technological Change   
Grossman, V. & T.M. Steger (2007)

Economic reform when institutional quality is weak: The case of the Maghreb   
Baliamoune-Lutz, M. & T. Addison (2007)

Two Views on Institutions and Development: The Grand Transition vs. the Primacy of Institutions   
Paldam, M. & E. Gundlach (2007)

Corrupt Bureaucracy and Growth   
Djumashev, R. (2007)

The Trouble with the MDGs: Confronting Expectations of Aid and Development Success   
Clemens, M.A., C.J. Kenny & T.J. Moss (2007)

Does Oil Corrupt? Evidence from a Natural Experiment in West Africa   

Making Famine History   SURVEY PAPER   
Grada, C.O. (2007)

Trade, Knowledge, and the Industrial Revolution
O'Rourke, K.H., A.S. Rahman & A.M. Taylor (2007)

Only income diverges: A neoclassical anomaly   
Grier, K. & R. Grier (2007)

Nonlinear economic growth: Some theory and cross-country evidence   
Fiaschi, D. & A.M. Lavezzi (2007)

Foreign Know-How, Firm Control, and the Income of Developing Countries
Burstein, A. & A. Monge-Naranjo (2007)

Takeoffs
Aizenman, J. & M. Spiegel (2007)

Understanding Political Corruption in Low Income Countries
Pande, R. (2007)

Financing Development: The Role of Information Costs
Greenwood, J., J.M. Sanchez & C. Wang (2007)

The Prospects for Sustained Growth in Africa: Benchmarking the Constraints
Johnson, S., J.D. Ostry & A. Subramanian (2007)

Jointness of Growth Determinants   
Doppelhofer, G. & M. Weeks (2007)

International Growth Equalization along nonbalanced constant growth paths   
Jin, Y. & Z. Zeng (2007)

Measuring welfare gains from better quality infrastructure
Lokshin, M. & I. Klytchnikova (2007)

Invariance in growth theory and sustainable development   
Martinet, V. & G. Rotillon (2007)

The International Economics of Natural Resources and Growth   
Gylfason, T. (2007)

The living conditions of children
Patrinos, H.A. (2007)

Economic information and finance : more information means more credit, fewer bad loans, and less corruption
Islam, R. (2007)

From creativity to innovation
Yusuf, S. (2007)

HIV/AIDS and social capital in a cross-section of countries
David, A.C. (2007)

A poverty-focused evaluation of commodity tax options
Essama-Nssah, B. (2007)

Construction, corruption, and developing countries
Kenny, C. (2007)

Formal and Informal Risk Sharing in LDCs: Theory and Empirical Evidence
Dubois, P., B. Jullien & T. Magnac (2007)

Human Capital, Mortality and Fertility: A Unified Theory of the Economic and Demographic Transition   
Cervellati, M. & U. Sunde (2007)

Rich, Poor and Growth-Miracle Nations: Multiple Equilibria Revisited
Kylymnyuk, D., L. Maliar & S. Maliar (2007)

Income, Aging, Health and Wellbeing Around the World: Evidence from the Gallup World Poll | Published   
Deaton, A. (2007/08)

Malaria: Disease Impacts and Long-Run Income Differences   
Gollin, D. & C. Zimmermann (2007)

Multiple growth regimes – Insights from unified growth theory   
Galor, O. (2007)

Unraveling the fortunes of the fortunate: An Iterative Bayesian Model Averaging (IBMA) approach   
Eicher, T.S., C. Papageorgiou & O. Roehn (2007)

Nonlinearities in cross-country growth regressions: A Bayesian Averaging of Thresholds (BAT) approach   
Cuaresma, J.C. & G. Doppelhofer (2007)

Institutions and parameter heterogeneity   
Minier, J. (2007)

Construction, Corruption, and Developing Countries
Kenny, C. (2007)

Are Financial Development and Corruption Control Substitutes in Promoting Growth? | Published   
Ahlin, C. & J. Pang (2007/08)

The Long-Term Effects of Africa's Slave Trades
Nunn, N. (2007)

Computing continuous-time growth models with boundary conditions via wavelets   
Esteban-Bravo, M. & J.M. Vidal-Sanz (2007)

A Rise By Any Other Name? Sensitivity of Growth Regressions to Data Source   
Hanousek, J., D. Hajkova & R.K. Filer (2007)

Two Views on Institutional Development: The Grand Transition vs the Primacy of Institutions   
Paldam, M. & E. Gundlach (2007)

Inspecting the Mechanism Exactly: A Closed-form Solution to a Stochastic Growth Model
Smith, W.T. (2007)

Endogenous growth through investment-specific technological change   
Huffman, G.W. (2007)

Institutional Traps and Economic Growth
Gradstein, M. (2007)

Special-Interest Groups and Growth   
Wilson, B., D. Coates & J. Heckelman (2007)

On the Stability of Balanced Growth   
Wenzelburger, J., V. Böhm & T. Pampel (2007)

Property Rights and Economic Growth: Evidence from a Natural Experiment
Brunt, L. (2007)

Cultural Assimilation, Cultural Diffusion and the Origin of the Wealth of Nations
Ashraf, Q. & O. Galor (2007)

Growth and volatility   
Imbs, J. (2007)

Cross-Country Analyses of Economic Growth: An Econometric Survey      SURVEY PAPER
Llussa, F. (2007)

Why Development Levels Differ: The Sources of Differential Economic Growth in a Panel of High and Low Income Countries   
Hulten. C.R. & A. Isaksson (2007)

Decoding the Code of Civil Procedure: Do Judiciaries Matter for Growth?   
Chemin, M. (2007)

Does Reform Work? An Econometric Examination of the Reform-Growth Puzzle
Babetski, I. & N.F. Campos (2007)

Sovereign natural disaster insurance for developing countries : a paradigm shift in catastrophe risk financing
Ghesquiere, F. & O. Mahul (2007)

Infant mortality over the business cycle in the developing world
Baird, S., J. Friedman & N. Schady (2007)

Limited access orders in the developing world :a new approach to the problems of development
North, D.C., J.J. Wallis, S.B. Webb & B.R. Weingast (2007)

Welfare Gains from Financial Liberalization   
Townsend, R.M. & K. Ueda (2007)

Recent Developments In The Theory Of Very Long Run Growth : A Historical Appraisal   
Broadberry, S. (2007)

Openness, Technology Capital, and Development
McGrattan, E. & E.C. Prescott (2007)

Equity and Trade Policy   
Francois, J. & H. Rojas-Romagosa (2007)

The Competitiveness of Nations: Why Some Countries Prosper While Others Fall Behind   
Fagerberg, J., M. Srholec & M. Knell (2007)

Financing Development: The Role of Information Costs   
Greenwood, J., J.M. Sanchez & C. Wang (2007)

New Technology, Human Capital and Growth for Developing Countries   
Van, C.L., M-H. Nguyen, T.B. Luong & T-A. Nguyen (2007)

Rent Seeking and the Unveiling of 'De Facto' Institutions: Development and Colonial Heritage within Brazil
Naritomi, J., R.R. Soares & J.J. Assuncao (2007)

Determinants of Economic Growth: Will Data Tell? | Published   
Ciccone, A. & M. Jarocinski (2007/10)

More growth or fewer collapses? A new look at long run growth in Sub-Saharan Africa
Arbache, J.S. & J. PageCulture rules: The foundations of the rule of law and other norms of governance   
Licht, A.N., C. Goldschmidt & S.H. Schwartz (2007)

Pitfalls to avoid when measuring institutions: Is Doing Business damaging business?   
Arruñada, B. (2007)

Financial Development, Openness and Institutions: Evidence from Panel Data | Published      
Baltagi, B.H., P.O. Demetriades & S.H. Law (2007/09)

The devil is in the shadow: Do institutions affect income and productivity or only official income and official productivity?   
Dreher, A., P-G. Méon & F. Schneider (2007)

Patterns of long term growth in Sub-Saharan Africa
Page, J. & J.S. Arbache (2007)

Determinants of Economic Growth: Will Data Tell?   
Ciccone, A. & M. Jarocinski (2008)

Degrees of Development - How Geographic Latitude Sets the Pace of Industrialization and Demographic Change   
Strulik, H. (2008)

Finance, financial sector policies, and long-run growth   
Levine, R. & A. Demirguc-Kunt (2008)

Human Genetic Diversity and Comparative Economic Development   
Galor, O. & A. Quamrul (2008)

Cursing the Blessings? Natural Resource Abundance, Institutions, and Economic Growth   
Brunnschweiler, C.N. (2008)

Are Any Growth Theories Robust?   
Durlauf, S.N., A. Kourtellos & C.M. Tan (2008)

Norms and Institution Formation
Francois, P. (2008)

Can micro-credit bring development?   
Ahlin, C. & N. Jiang (2008)

Gross national happiness as an answer to the Easterlin Paradox?   
Di Tella, R. & R. MacCulloch (2008)

The effect of financial repression and enforcement on entrepreneurship and economic development   
Antunes, A., T. Cavalcanti & A. Villamil (2008)

Malthusian Population Dynamics: Theory and Evidence   
Ashraf, Q. & O. Galor (2008)

What Makes Growth Sustained? | Published   
Berg, A., J.D. Ostry & J. Zettelmeyer (2008/12)

Intermediate Goods, Weak Links, and Superstars: A Theory of Economic Development
Jones, C.I. (2008)

The Cognitive Link Between Geography and Development: Iodine Deficiency and Schooling Attainment in Tanzania   
Field, E.M., O. Robles & M. Torero (2008)

Abstract: An estimated 20 million children born each year are at risk of brain damage from in utero iodine deficiency, the only micronutrient deficiency known to have significant, non-reversible effects on cognitive development. Cognitive damage from iodine deficiency disorders (IDD) has potentially important implications for economic growth through its effect on human capital attainment. To gauge the magnitude of this influence, we evaluate the impact of reductions in fetal IDD on child schooling attainment that resulted from an intensive distribution of iodized oil capsules (IOC) in Tanzania. We look for evidence of improvements in cognitive ability attributable to the intervention by assessing whether children who benefited from IOC in utero exhibit higher rates of grade progression at ages 10 to 14 relative to siblings and older and younger children in the district who did not. Our findings suggest that reducing fetal IDD has significant benefits for child cognition: Protection from IDD in utero is associated with 0.36 years of additional schooling. Furthermore, the effect appears to be substantially larger for girls, consistent with new evidence from laboratory studies indicating greater cognitive sensitivity of the female fetus to maternal thyroid deprivation. There is no indication that IOC improved rates of illness or school absence due to illness, suggesting that IOC improves schooling through its effect on cognition rather than its effect on health. However, there is weak evidence that the program also reduced child but not fetal or infant mortality, which may bias downward the estimated effect on education. Cross-country regression estimates corroborate the results from Tanzania, indicating a strong negative influence of total goiter rate and strong positive influence of salt iodization on female school participation. Together, these findings provide micro-level evidence of the direct influence of ecological conditions on economic development and suggest a potentially important role of variation in rates of learning disability in explaining cross-country growth patterns and gender differences in schooling attainment.

Evaluation in the practice of development   
Ravallion, M. (2008)

Geography vs. Institutions at the Village Level   
Grimm, M. & S. Klasen (2008)

What rules in the 'deep' determinants of comparative development?   
Kangur, A. (2008)

Globalisation, growth and institutions   
Moshirian, F. (2008)

When Does Improving Health Raise GDP?   
Ashraf, Q., A. Lester & D. Weil (2008)

Finite Horizon, Externalities, and Growth   
Wendner, R. (2008)

A Closer Look at the Relationship Between Life Expectancy and Economic Growth   
Azomahou, T., R. Boucekkine & B. Diene (2008)

Reconciling Kuznets and Habbakuk in a Unified Growth Theory   
Mourmouras, A. & P. Rangazad (2008)

Institution and Development Revisited:A Nonparametric Approach   
Basu, S.R. & M. Das (2008)

Is it possible to speak English without thinking American? On globalization and the determinants of cultural assimilation   
Chong, A. & and J. Galdo (2008)

Capital Deepening and Nonbalanced Economic Growth
Acemoglu, D. & V. Guerrieri (2008)

The Causes and Consequences of Cross-Country Differences in Schooling Attainment   
Schoellman, T. (2008)

Ideas and Growth
Lucas, Jr., R.E. (2008)

Models of Idea Flows
Alvarez, F.E., F.J. Buera & R.E. Lucas, Jr. (2008)

The Knowledge Trap: Human Capital and Development Reconsidered
Jones, B.F. (2008)

Social Spending, Human Capital, and Growth in Developing Countries   
Baldacci, E., B. Clements, S. Gupta & Q. Cui (2008)

Human capital investment and growth: A dynamic education model   
Ben Mimoun, M. & A. Raies (2008)

The Colonial and Geographic Origins of Comparative Development   
Auer, R. (2008)

Self-serving dictators and economic growth   
Haile, D., A. Sadrieh & H.A.A. Verbon (2008)

Financial Liberalisation, Bureaucratic Corruption and Economic Development   
Blackburn, K. & G.F. Forgues-Puccio (2008)

Colonial Heritage and Economic Development   
Asoni, A. (2008)

Mosquitoes: The Long-Term Effects of Malaria Eradication in India   
Cutler, D., W. Fung, M. Kremer & M. Singhal (2008)

Unbundled Institutions, Human Capital and Growth   
Bhattacharyya, S. (2008)

Institutions and Trade: Competitors or Complements in Economic Development?   
Bhattacharyya, S., S. Dowrick & J. Golley (2008)

Linkages between Financial Deepening,Trade Openness and Economic Development: Causality Evidence from Sub-Saharan Africa   
Gries, T., M. Kraft & D. Meierrieks (2008)

Economic Growth and Subjective Well-Being: Reassessing the Easterlin Paradox
Stevenson, B. & J. Wolfers (2008)

Real exchange rates, saving and growth: is there a link?   
Montiel, P.J. & L. Serven (2008)

Structural Differences in Economic Growth   
Basturk, N., R. Paap & D. van Dijk (2008)

Parameter heterogeneity in growth regressions   
Hineline, D.R. (2008)

Intangible Capital and International Income Differences   
Hashmi, A.R. (2008)

On Trade Openness, Institutional Change and Economic Growth   
Navas-Ruiz, A. (2008)

Is the developing world catching up? Global convergence and national rising dispersion   
Bussolo, M., R.E. De Hoyos & D. Medvedev (2008)

Was the Wealth of Nations Determined in 1000 B.C.?   
Comin, D.A., W. Easterly & E. Gong (2008)

The Three Horsemen of Growth: Plague, War and Urbanization in Early Modern Europe   
Voigtländer, N. & J. Voth (2008)

How useful is the Theoretical and Empirical Growth Literature for Policies in the Developing Countries?   
Rao, B.B. & A. Cooray (2008)

Post-1500 Population Flows and the Long Run Determinants of Economic Growth and Inequality
Putterman, L. & D.N. Weil (2008)

Luddites and the Demographic Transition
O'Rourke, K.H., A.S. Rahman & A.M. Taylor (2008)

Understanding PPPs and PPP-based national accounts | Published
Deaton, A. & A. Heston (2008/10)

What is Really Good for Long-Term Growth? Lessons from a Binary Classification Tree (BCT) Approach
Duttagupta, R. & M. Mlachila (2008)

Technological Change and the Wealth of Nations      
Gancia, G. & F. Zilibotti (2008)

Abstract: We discuss a unified theory of directed technological change and technology adoption that can shed light on the causes of persistent productivity differences across countries. In our model, new technologies are designed in advanced countries and diffuse endogenously to less developed countries. Our framework is rich enough to highlight three broad reasons for productivity differences: inappropriate technologies, policy-induced barriers to technology adoption, and within-country misallocations across sectors due to policy distortions. We also discuss the effects of two aspects of globalization, trade in goods and migration, on the wealth of nations through their impact on the direction of technical progress. By doing so, we illustrate some of the equalizing and unequalizing forces of globalization.

Do all countries follow the same growth process?
Davis, L., A.L. Owen & J. Videras (2008)

Democracy, openness and jumps in growth   
Deana, G. & A. Gamba (2008)

The Unofficial Economy and Economic Development
La Porta, R. & A. Shleifer (2008)

Learning the Wealth of Nations | Published   
Buera, F.J., A. Monge-Naranjo & G.E. Primiceri (2008/11)

Introduction to Modern Economic Growth   
Acemoglu, D. (2008)

Abstract: Introduction to Modern Economic Growth is a groundbreaking text from one of today's leading economists. Daron Acemoglu gives graduate students not only the tools to analyze growth and related macroeconomic problems, but also the broad perspective needed to apply those tools to the big-picture questions of growth and divergence. And he introduces the economic and mathematical foundations of modern growth theory and macroeconomics in a rigorous but easy to follow manner. After covering the necessary background on dynamic general equilibrium and dynamic optimization, the book presents the basic workhorse models of growth and takes students to the frontier areas of growth theory, including models of human capital, endogenous technological change, technology transfer, international trade, economic development, and political economy. The book integrates these theories with data and shows how theoretical approaches can lead to better perspectives on the fundamental causes of economic growth and the wealth of nations.

Instruments of development: Randomization in the tropics, and the search for the elusive keys to economic development
Deaton, A.S. (2009)

International Finance and Growth in Developing Countries: What Have We Learned?   SURVEY PAPER
Obstfeld, M. (2009)

Both Institutions and Policies Matter but Differently for Different Income Groups of Countries: Determinants of Long-Run Economic Growth Revisited   
Lee, K. & B-Y. Kim (2009)

Development and Growth in Mineral-Rich Countries
Gylfason, T. (2008)

Growing like China
Song, Z.M., K. Storesletten & F. Zilibotti (2009)

Property Rights and Economic Development      SURVEY PAPER
Besley, T.J. & M. Ghatak (2009)

Abstract: This chapter develops a unified analytical framework, drawing on and extending the existing literature on the subject, for studying the role of property rights in economic development. It addresses two fundamental and related questions concerning the relationship between property rights and economic activity. (i) What are the mechanisms through which property rights affect economic activity? (ii) What are the determinants of property rights? In answering these, it surveys some of the main empirical and theoretical ideas from the extensive literature on the topic. This paper will form a chapter for Volume V of the Handbook of Development Economics edited by Dani Rodrik and Mark Rosenzweig.

The Consequences of Radical Reform: The French Revolution
Acemoglu, D., D. Cantoni, S. Johnson & J.A. Robinson (2009)

Education and Growth: A Simple Model with Complicated Dynamics   
Palivos, T. & D. Varvarigos (2009)

Ruggedness: The Blessing of Bad Geography in Africa
Nunn, N. & D. Puga (2009)

Corruption, Institutions and Economic Development   
Aidt, T.S. (2009)

Industrial structure, appropriate technology and economic growth in less developed countries
Lin, J.Y. & P. Zhang (2009)

Development strategy, viability, and economic distortions in developing countries
Lin, J.Y. & F. Li (2009)

Human Development Index: Are Developing Countries Misclassified? (former title: "Consequences of Data Error in Aggregate Indicators: Evidence from the Human Development Index)
Wolff, H., H. Chong & M. Auffhammer (2009)

When Economic Growth is Less than Exponential   
Groth, C., K-J. Koch & T.M. Steger (2009)

Blunt Instruments: On Establishing the Causes of Economic Growth | Published
Clemens, M. & S. Bazzi (2009/13)

Bonding and Bridging Social Capital and Economic Growth   
Beugelsdijk, S. & J.A. Smulders (2009)

A Multi-industry Model of Growth with Financing Constraints
Ilyina, A. & R.M. Samaniego (2009)

How Relevant Is Malthus for Economic Development Today?   
Weil, D.N. & J. Wilde (2009)

The New Kaldor Facts: Ideas, Institutions, Population, and Human Capital   
Jones, C.I. & P.M. Romer (2009)

Abstract: In 1961, Nicholas Kaldor used his list of six "stylized" facts both to summarize the patterns that economists had discovered in national income accounts and to shape the growth models that they were developing to explain them. Redoing this exercise today, nearly fifty years later, shows how much progress we have made. In contrast to Kaldor's facts, which revolved around a single state variable, physical capital, our six updated facts force consideration of four far more interesting variables: ideas, institutions, population, and human capital. Dynamic models have uncovered subtle interactions between these variables and generated important insights about such big questions as: Why has growth accelerated? Why are there gains from trade?

Yet Another Tale of Two Cities: Buenos Aires and Chicago
Campante, F. & E.L. Glaeser (2009)

The Century of Education   
Morrisson, C. & F. Murtin (2009)

The Missing Middle   
Krueger, A.O. (2009)

Disease and Development Revisited
Bloom, D.E., D. Canning & G. Fink (2009)

The organization of firms across countries
Bloom, N., R. Sadun & J. Van Reenen (2009)

Productivity Differences Between and Within Countries
Acemoglu, D. & M. Dell (2009)

The Potato's Contribution to Population and Urbanization: Evidence from an Historical Experiment
Nunn, N. & N. Qian (2009)

The growth effects of institutional instability   
Berggren, N., A. Bergh & C. BjørnskovExploring the links between corruption and growth   
Hodge, A., S. Shankar, D.S.P. Rao & A. DuhsMeasuring Economic Growth from Outer Space
Henderson, J.V., A. Storeygard & D.N. Weil (2009)

The geography of output volatility   
Malik, A. & J.R.W. Temple (2009)

Risk, Volatility, and the Global Cross-Section of Growth Rates
Burnside, C. & A. Tabova (2009)

International Differences in Longevity and Health and their Economic Consequences
Michaud, P-C., D. Goldman, D. Lakdawalla, A. Gailey & Y. Zheng (2009)

Too poor to grow   
Lopez, H. & L. Serven (2009)

Patience and Prosperity   
Strulik, H. (2009)

Pareto Distributions in Economics Growth Models   
Nirei, M. (2009)

State Capacity, Conflict and Development
Besley, T.J. & T. Persson (2009)

Disease, Institutions and Underdevelopment
Hasan, L. (2009)

Isolation and Development   
Ashraf, Q., O. Galor & O. Ozak (2009)

Generalized barriers to entry and economic development
Saviotti, P. & A. Pyka (2009)

The Neoclassical Optimal Growth Model Revisited: An Explicit Equation for the Saddle path
Khelifi, A.A. (2009)

Do all countries grow alike?   
Bos, J.W.B., C. Economidou, M. Koetter & J.W. Kolari (2009)

Structural policies and growth: Time series evidence from a natural experiment   
Eicher, T.S. & T. Schreiber (2009)

Comparative Economic Development: Insights from Unified Growth Theory | Published   
Galor, O. (2009/10)

Entrepreneurial innovation and economic growth   
Grossmann, V. (2009)

Child labor, education aid, and economic growth   
Kitaura, K. (2009)

Does foreign direct investment promote growth? Exploring the role of financial markets on linkages   
Alfaro, L., A. Chanda, S. Kalemli-Ozcan & S. Sayek (2009)

Long-run growth scenarios for the world economy   
Duval, R. & C. de la Maisonneuve (2010)

Resource Wealth, Innovation and Growth in the Global Economy   
Peretto, P.F. & S. Valente (2010)

Endogenous Growth Models in Open Economies: A Possibility of Permanent Current Account Deficits   
Harashima, T. (2009)

Further Comments on The Impact of the Asian Miracle on the Theory of Economic Growth
Fogel, R.W. (2010)

Financial Innovation and Endogenous Growth   
Michalopoulos, S., L. Lueven & R. Levine (2010)

The Economics of Growth   
Aghion, P. & P. Howitt (2010)

Abstract: This comprehensive introduction to economic growth presents the main facts and puzzles about growth, proposes simple methods and models needed to explain these facts, acquaints the reader with the most recent theoretical and empirical developments, and provides tools with which to analyze policy design. The treatment of growth theory is fully accessible to students with a background no more advanced than elementary calculus and probability theory; the reader need not master all the subtleties of dynamic programming and stochastic processes to learn what is essential about such issues as cross-country convergence, the effects of financial development on growth, and the consequences of globalization. The book, which grew out of courses taught by the authors at Harvard and Brown universities, can be used both by advanced undergraduate and graduate students, and as a reference for professional economists in government or international financial organizations. The Economics of Growth first presents the main growth paradigms: the neoclassical model, the AK model, Romer's product variety model, and the Schumpeterian model. The text then builds on the main paradigms to shed light on the dynamic process of growth and development, discussing such topics as club convergence, directed technical change, the transition from Malthusian stagnation to sustained growth, general purpose technologies, and the recent debate over institutions versus human capital as the primary factor in cross-country income differences. Finally, the book focuses on growth policies—analyzing the effects of liberalizing market competition and entry, education policy, trade liberalization, environmental and resource constraints, and stabilization policy—and the methodology of growth policy design.

Financial constraints and innovation: Why poor countries don't catch up
Gorodnichenko, Y. & M. Schnitzer (2010)

The Real Exchange Rate and Growth Revisited: The Washington Consensus Strikes Back?
Berg, A. & Y. Miao (2010)

The Relationship Between Health and Growth: When Lucas Meets Nelson-Phelps
Aghion, P., P. Howitt & F. Murtin (2010)

Financial constraints and innovation: Why poor countries don't catch up
Gorodnichenko, Y. & M. Schnitzer (2010)

Microeconomic Approaches to Development: Schooling, Learning, and Growth   
Rosenzweig, M.R. (2010)

Civic Capital as the Missing Link
Guiso, L., P. Sapienza & L. Zingales (2010)

Economic Growth with Bubbles
Martin, A. & J. Ventura (2010)

The Fertility Transition Around the World - 1950-2005   
Strulik, H. & S. Vollmer (2010)

Volatility and growth: Credit constraints and the composition of investment   
Aghion, P., G-M. Angeletos, A. Banerjee & K. Manova (2010)

Endogenous Growth: A Kaldorian Approach   
Setterfield, M. (2010)

Measuring financial access around the world   
Kendall, J., N. Mylenko & A. Ponce (2010)

Civic Capital as the Missing Link
Guiso, L., P. Sapienza & L. Zingales (2010)

Understanding the mechanisms of economic development | Published
Deaton, A.S. (2010)

Quantifying the Impact of Financial Development on Economic Development
Greenwood, J., J.M. Sanchez & C. Wang (2010)

A New Data Set of Educational Attainment in the World, 1950-2010
Barro, R.J. & J-W. Lee (2010)

Project finance as a driver of economic growth in low-income countries   
Kleimeier, S. & R. Versteeg (2010)

Competing Engines of Growth: Innovation and Standardization
Acemoglu, D., G. Gancia & F. Zilibotti (2010)

The Economics of International Differences in Educational Achievement   SURVEY PAPER
Hanushek, E.A. & L. Woessmann (2010)

The Dynamics of Knowledge Diversity and Economic Growth   
Berliant, M. & M. Fujita (2010)

Does a Leapfrogging Growth Strategy Raise Growth Rate? Some International Evidence   
Wang, Z., S-J. Wei & A. Wong (2010)

Using Mixed Methods in Monitoring and Evaluation: Experiences from International Development
Bamberger, M., V. Rao & M. Woolcock (2010)

Measuring Financial Access around the World
Kendall, J., N. Mylenko & A. Ponce (2010)

Micro Efficiency and Macro Growth
Nallari, R. & N. Bayraktar (2010)

The translog growth model   
Østbye, S. (2010)

Growth and capital deepening since 1870: Is it all technological progress?   
Madsen, J.B. (2010)

How Does Colonial Origin Matter for Economic Performance in sub-Saharan Africa?
Agbor, J.A., J. W. Fedderke & N. Viegi (2010)

Health, Demographic Transition and Economic Growth
Jorgensen, O.H. (2010)

What Explains Schooling Differences Across Countries?   
Ripoll, M. & J.C. Cordoba (2010)

The Atlas of World Hunger   
Bassett, T.J. & A. Winter-Nelson (2010)

Abstract: If hunger were simply a matter of food production, no one would go without. There is more than enough food produced annually to provide every living person with a healthy diet, yet so many suffer from food shortages, unsafe water, and malnutrition every year. That’s because hunger is a complex political, economic, and ecological phenomenon. The interplay of these forces produces a geography of hunger that Thomas J. Bassett and Alex Winter-Nelson illuminate in this empowering book. The Atlas of World Hunger uses a conceptual framework informed by geography and agricultural economics to present a hunger index that combines food availability, household access, and nutritional outcomes into a single tool—one that delivers a fuller understanding of the scope of global hunger, its underlying mechanisms, and the ways in which the goals for ending hunger can be achieved. The first depiction of the geography of hunger worldwide, the Atlas will be an important resource for teachers, students, and anyone else interested in understanding the geography and causes of hunger. This knowledge, the authors argue, is a critical first step toward eliminating unnecessary suffering in a world of plenty.

Catastrophic Natural Disasters and Economic Growth   
Cavallo, E., S. Galiani, I. Noy & J. Pantano (2010)

Government Revenues and Economic Growth in Weakly Institutionalised States   
Oechslin, M. (2010)

Confucianism and the East Asian Miracle
Liang, M-Y. (2010)

Shadow Economies All over the World: New Estimates for 162 Countries from 1999 to 2007   
Schneider, F., A. Buehn & C.E. Montenegro (2010)

Development through synergistic reforms   
Rauch, J.E. (2010)

Real convergence and its illusions   
Kolasa, M. (2010)

Diagnostics before Prescription
Rodrik, D. (2010)

Uneven Growth: A Framework for Research in Development Economics
Ray, D. (2010)

Does Culture Matter?   SURVEY PAPER
Fernandez, R. (2010)

Beyond GDP? Welfare across Countries and Time
Jones, C.I. & P.J. Klenow (2010)

The World Distribution of Productivity: Country TFP Choice in a Nelson-Phelps Economy
Damsgaard, E.F. & P. Krusell (2010)

Culture, Institutions and the Wealth of Nations
Gorodnichenko, Y. & G. Roland (2010)

World Food Demand   
Gao, G. (2010)

Product Complexity and Economic Development   
Abdon, A., M. Bacate, J. Felipe & U. Kumar (2010)

Legal Institutions and Economic Development   
Beck, T.H.L. (2010)

How misleading is linearization? Evaluating the dynamics of the neoclassical growth model   
Atolia, M., S. Chatterjee & S.J. Turnovsky (2010)

The Fertility Transition Around the World - 1950-2005   
Strulik, H. & S. Vollmer (2010)

Inequality and growth: the neglected time dimension   
Halter, D., M. Oechslin & J. Zweimüller (2010)

Before the Great Divergence? Comparing the Yangzi Delta and the Netherlands at the Beginning of the Nineteenth Century
Li, B. & J.L. van Zanden (2010)

Learning the Wealth of Nations
Buera, F., A. Monge-Naranjo & G.E. Primiceri (2010)

Institutions, Capital, and Growth   
Hall, J.C., R.S. Sobel & G.R. Crowley (2010)

Living Standards and Mortality since the Middle Ages
Kelly, M. & C. O'Gráda (2010)

A growth-cycle model of Solow–Swan type, I   
Dohtani, A. (2010)

Diseases, infection dynamics, and development   
Chakraborty, S., C. Papageorgiou & F.P. Sebastián (2010)

Subjective Well-Being, Income, Economic Development and Growth
Sacks, D.W., B. Stevenson & J. Wolfers (2010)

Understanding Transitory Rainfall Shocks, Economic Growth and Civil Conflict
Miguel, E. & S. Satyanath (2010)

Subjective well-being, income, economic development and growth   
Sacks, D.W., B. Stevenson & J. Wolfers (2010)

Mashup Indices of Development
Ravallion, M. (2010)

Comprehensive Wealth, Intangible Capital, and Development
Ferreira, S. & K. Hamilton (2010)

IMF Applications of Purchasing Power Parity Estimates
Silver, M. (2010)

Growth Through Heterogeneous Innovations
Akcigit, U. & W.R. Kerr (2010)

The Political Economy of Human Development   
Harding, R. & L. Wantchekon (2010)

Is History a Blessing or a Curse? International Borrowing without Commitment, Leapfrogging and Growth Reversals   
Boucekkine, R. & P.A. Pintus (2010)

Sustainability and the Measurement of Wealth
Arrow, K.J., P. Dasgupta, L.H. Goulder, K.J. Mumford & K. Oleson (2010)

Corruption and Development, Revisited   
Balboa, J.D. & S. Takenaka (2010)

Global Burden of Disease and Economic Growth   
Audibert, M., P. Combes Motel & A. Dragbo (2010)

Institutions and economic performance: What can be explained?   
Commander, S. & Z. Nikoloski (2010)

Does intellectual property rights reform spur industrial development?   
Branstetter, L., R. Fisman, C.F. Foley & K. Saggi (2011)

International Happiness   SURVEY PAPER
Blanchflower, D.G. & A.J. Oswald (2011)

Econometrics for grumblers: a new look at the literature on cross-country growth empirics      SURVEY PAPER
Eberhardt, M. & F. Teal (2011)

Misallocation, Economic Growth, and Input-Output Economics
Jones, C.I. (2011)

Classifications of Countries Based on Their Level of Development: How it is Done and How it Could be Done
Nielsen, L. (2011)

Contract Law and Development   
Boukouras, A. (2011)

Harnessing Windfall Revenues: Optimal Policies for Resource-Rich Developing Economies   
van der Ploeg, F. & A.J. Venables (2011)

The Long Term Consequences of Resource-Based Specialisation   
Michaels, G. (2011)

Good and Bad Institutions: Is the Debate Over? Cross-Country Firm-Level Evidence from the Textile Industry   
Bhaumik, S.K. & R. Dimova (2011)

Economic Growth and The Quality of Human Capital
Laabas, B. & R. Weshah (2011)

New Indicators for Tracking Growth in Real Time
Matheson, T. (2011)

Shining a Light on the Resource Curse: An Empirical Analysis of the Relationship Between Natural Resources, Transparency, and Economic Growth   
Williams, A. (2011)

Paths to Success: The Relationship Between Human Development and Economic Growth   
Suri, T., M.A. Boozer, G. Ranis & F. Stewart (2011)

Structural Development Accounting
Gancia, G.A., A. Müller & F. Zilibotti (2011)

Optimal timing of regime switching in optimal growth models: A Sobolev space approach   
Dogan, E., C.L. Van & C. Saglam (2011)

Infectious Diseases and Economic Growth      
Goenka, A., L. Liu & M-H. Nguyen (2011)

Abstract: This paper develops a framework to study the economic impact of infectious diseases by integrating epidemiological dynamics into a growth model. There is a two way interaction between the economy and the disease: the incidence of the disease affects labor supply and investment in health capital can affect the incidence and recuperation from the disease. Thus, both the disease incidence and the income levels are endogenous. The disease dynamics make the control problem non-convex and a new existence theorem is given. There are multiple steady states and the local dynamics of the model are fully characterized. A disease free steady state always exists, but it could be unstable. An endemic steady state may exist, in which the optimal health expenditure can be positive or zero depending on the parameters of the model. The interaction of the disease and economic variables is non-linear and can be non-monotonic. The model can also generate an endogenous positive correlation between income and the health expenditure share.

Intermediate Goods and Weak Links in the Theory of Economic Development
Jones, C.I. (2011)

Growth Accounting with Misallocation: Or, Doing Less with More in Singapore
Fernald, J. & B. Neiman (2011)

When Fast Growing Economies Slow Down: International Evidence and Implications for China
Eichengreen, B., D. Park & K. Shin (2011)

Leapfrogging, Growth Reversals and Welfare   
Boucekkine, R., G. Fabbri & P-A. Pintus (2011)

Embodied technological change, capital sectoral allocation and export-led growth
Araujo, R.A. & G.T. Lima (2011)

Industrial Catching Up in the Poor Periphery 1870-1975
Williamson, J.G. (2011)

Further evidence on finance-growth causality: A panel data analysis   
Bangake, C. & J.C. Eggoh (2011)

Poverty Traps, Economic Inequality and Delinquent Incentives   
Villa, E. & A. Salazar (2011)

Cumulative Causation in a Structural Economic Dynamic Approach to Economic Growth and Uneven Development
Araujo, R. (2011)

Sectoral composition and macroeconomic dynamics   
Alonso-Carrera, J., J. Caballé & X. Raurich (2011)

Diversity and Technological Progress
Acemoglu, D. (2011)

Settler skills and colonial development   
Fourie, J. & D. von Fintel (2011)

Transportation costs, agricultural productivity, and cross-country income differences   
Adamopoulos, T. (2011)

Barriers to entry and development   
Herrendorf, B. & A. Teixeira (2011)

Historical Evidence on the Finance-Trade-Growth Nexus | Published   
Bordo, M.D. & P.L. Rousseau (2011/12)

Law and Economy in Traditional China: A "Legal Origin" Perspective on the Great Divergence
Ma, D. (2011)

Dynamics and Stagnation in the Malthusian Epoch | Published
Ashraf, Q. & O. Galor (2011)

The Demographic Transition: Causes and Consequences
Galor, O. (2011)

The Role of Law in Economic Growth: A Literature Review      SURVEY PAPER
Xu, G. (2011)

Human Capital, Technology Adoption and Development
Cosar, A.K. (2011)

Inequality, Human Capital Formation and the Process of Development
Galor, O. (2011)

Evolution and the Growth Process: Natural Selection of Entrepreneurial Traits
Galor, O. & S. Michalopoulos (2011)

Trade costs, wage difference, and endogenous growth   
Tanaka, A. & K. Yamamoto (2011)

Delay differential neoclassical growth model   
Matsumoto, A. & F. Szidarovszky (2011)

Life and Growth
Jones, C.I. (2011)

Information Rigidity in Growth Forecasts: Some Cross-Country Evidence
Loungani, P., H. Stekler & N.T. Tamirisa (2011)

Does demographic change matter for growth?   
Lia, P-J. (2011)

Government size and growth: A survey and interpretation of the evidence      SURVEY PAPER
Bergh, A. & M. Henrekson (2011)

Which Dimensions of Culture Matter for Long-Run Growth?
Gorodnichenko, Y. & G. Roland (2011)

Did globalization drive convergence? Identifying cross-country growth regimes in the long run   
Di Vaio, G. & K. Enflo (2011)

The "Out of Africa" Hypothesis, Human Genetic Diversity, and Comparative Economic Development | Published
Ashraf, Q. & O. Galor (2011/13)

What Determines Productivity?
Syverson, C. (2011)

Natural Resources: Curse or Blessing?
van der Ploeg, F. (2011)

A Matter of Time: Revisiting Growth Convergence in Developing Countries   
Andersson, F.N.G., D. Edgerton & S. Opper (2011)

The correlation between human capital and morality and its effect on economic performance: theory and evidence
Balan, D.J. & S. Knack (2011)

Decomposition of the effect of government size on growth   
Yamamura, E. (2011)

How Gender Inequalities Hinder Development: Cross-Country Evidence   
Ferrant, G. (2011)

Growth, Colonization, and Institutional Development: In and Out of Africa
Bertocchi, G. (2011)

Long-Term Barriers to the International Diffusion of Innovations
Spolaore, E. & R. Wacziarg (2011)

Does Female Empowerment Promote Economic Development?
Doepke, M. & M. Tertilt (2011)

Globalization, Structural Change and Productivity Growth
McMillan, M.S. & D. Rodrik (2011)

Human Capital and Regional Development
Gennaioli, N., R. La Porta, F. Lopez-de-Silanes & A. Shleifer (2011)

Is infrastructure capital productive? A dynamic heterogeneous approach
Calderón, C., E. Moral-Benito & L. Servén (2011)

A unified theory of structural change   
Guilló, M.D., C. Papageorgiou & F. Perez-Sebastian (2011)

Productivity volatility and the misallocation of resources in developing economies
Asker, J., A. Collard-Wexler & J. De Loecker (2011)

Growth Empirics without Parameters   
Henderson, D.J., C. Papageorgiou & C.F. Parmeter (2012)

From Tradition to Modernity: Economic Growth in a Small World   
Lindner, I. & H. Strulik (2011)

The Future of Economic Convergence
Rodrik, D. (2011)

A Further Examination of the Export-Led Growth Hypothesis   
Dreger, C. & D. Herzer (2011)

Efficiency-Adjusted Public Capital and Growth
Gupta, S., A. Kangur, C. Papageorgiou & A.A. Wane (2011)

No Country for Old Men: Aging Dictators and Economic Growth   
Jong-A-Pin, R. & J.O. Mierau (2011)

The Africa-Dummy in Growth Regressions   
Köhler, M., S. Sperlich & J. Vortmeyer (2011)

Industry Switching in Developing Countries   
Newman, C., J. Rand & F. Tarp (2011)

Human Capital and Growth: Specification Matters   
Sunde, U. & T. Vischer (2011)

Eye Disease and Development   
Andersen, T.B., C-J. Dalgaard & P. Selaya (2011)

The role of demography on per capita output growth and saving rates   
Romero, M.S. (2011)

The Historical Fertility Transition: A Guide for Economists   SURVEY PAPER
Guinnane, T.W. (2011)

The determinants of income in a Malthusian equilibrium   
Sharp, P., H. Strulik & J. Weisdorf (2011)

The tyranny of international index rankings   
Høyland, B., K. Moene & F. Willumsen (2011)

Endogenous growth, monetary shocks and nominal rigidities   
Annicchiarico, B., A. Pelloni & L. Rossi (2011)

Growth, development and natural resources: New evidence using a heterogeneous panel analysis   
de V. Cavalcanti, T.V., K. Mohaddes & M. Raissi (2011)

Unconditional Convergence
Rodrik, D. (2011)

Weather, fertility, and land: land curse in economic development in a unified growth theory
He, Q. (2011)

Growth vs. level effect of population change on economic development: An inspection into human-capital-related mechanisms   
Boucekkine, R., B. Martinez & J.R. Ruiz-Tamarit (2011)

The Contribution of Chinese FDI to Africa's Pre Crisis Growth Surge
Weisbrod, A. & J. Whalley (2011)

Growth vs level effect of population change on economic development: An inspection into human-capital-related mechanisms   
Boucekkine, R., B. Martínez & R. Ruiz-Tamarit (2011)

The natural resource curse and economic transition   
Alexeev, M. & R. Conrad (2011)

Cultural Diversity, Geographical Isolation, and the Origin of the Wealth of Nations
Ashraf, Q. & O. Galor (2011)

A Note on Schooling in Development Accounting
Caselli, F. & A. Ciccone (2011)

‘Love of Wealth’ and Economic Growth   
Rehme, G. (2011)

The Future of Convergence   
Rodrik, D. (2011)

Who Shrunk China? Puzzles in the Measurement of Real GDP | Published   
Feenstra, R.C., H. Ma, J.P. Neary & D.S.P. Rao (2012)

The Diffusion of Microfinance
Banerjee, A., A.G. Chandrasekhar, E. Duflo, M.O. Jackson (2012)

Commodity Price Volatility and the Sources of Growth
Cavalcanti, T.V. de V., K. Mohaddes & M. Raissi (2012)

Investment and Growth in Rich and Poor Countries
Cheung, Y-W., M.P. Dooley & V. Sushko (2011)

Women Empowerment and Economic Development
Duflo, E. (2011)

Growth with a Fixed Factor   
Luttmer, E.G.J. (2012)

Technological Innovation, Resource Allocation, and Growth
Kogan, L., D. Papanikolaou, A. Seru & N. Stoffman (2012)

The role of institutions in cross-section income and panel data growth models: A deeper investigation on the weakness and proliferation of instruments   
Vieira, F., R. MacDonald & A. Damasceno (2012)

The Environment and Directed Technical Change   
Acemoglu, D., P. Aghion, L. Bursztyn & D. Hemous (2012)

Abstract: This paper introduces endogenous and directed technical change in a growth model with environmental constraints. The final good is produced from ``dirty'' and ``clean'' inputs. We show that: (i) when inputs are sufficiently substitutable, sustainable growth can be achieved with temporary taxes/subsidies that redirect innovation toward clean inputs; (ii) optimal policy involves both "carbon taxes" and research subsidies, avoiding excessive use of carbon taxes; (iii) delay in intervention is costly, as it later necessitates a longer transition phase with slow growth; and (iv) use of an exhaustible resource in dirty input production helps the switch to clean innovation under laissez-faire.

From Growth to Green Growth - a Framework
Hallegatte, S., G. Heal, M. Fay & D. Treguer (2012)

A Romerian Contribution to the Empirics of Economic Growth   
Bayraktar, B.S. & Y. Hakan Yetkiner (2012)

Big push or big failure? On the effectiveness of industrialization policies for economic development   
Bjorvatn, K. & N.D. Coniglio (2012)

Productivity Volatility and the Misallocation of Resources in Developing Economies   
Collard-Wexler, A., J. Asker & J. De Loecker (20120)

Migration, Human Capital Formation, and Growth: An Empirical Investigation   
Di Maria, C. & E.A. Lazarova (2012)

Productivity and the Welfare of Nations
Basu, S., L. Pascali, F. Schiantarelli & Luis Serven (2012)

Growth miracles and failures in a Markov switching classification model of growth   
Kerekes, M. (2012)

Industrial Policy and Competition
Aghion, P., M. Dewatripont, L. Du, A. Harrison & P. Legros (2012)

Catch-up and Fall-back through Innovation and Imitation
Benhabib, J., J. Perla & C. Tonetti (2012)

East Asian growth experience revisited from the perspective of a neoclassical model   
Lu, S-S. (2012)

How Deep Are the Roots of Economic Development?
Spolaore, E. & R. Wacziarg (2012)

Temperature Shocks and Economic Growth: Evidence from the Last Half Century
Dell, M., B.F. Jones & B.A. Olken (2012)

International Spillovers in a World of Technology Clubs   
Stöllinger, R. (2012)

Intangible Capital and Growth in Advanced Economies: Measurement and Comparative Results
Corrado, C., J. Haskel, M. Iommi & C. Jona-Lasinio (2012)

Resource Windfalls, Optimal Public Investment and Redistribution: The Role of Total Factor Productivity and Administrative Capacity
Arezki, R., A. Dupuy & A. Gelb (2012)

Institutions and long-run growth performance: An analytic literature review of the institutional determinants of economic growth      SURVEY PAPER
Bluhm, R. & A. Szirmai (2012)

The European Origins of Economic Development
Easterly, W. & R. Levine (2012)

Does Finance Cause Growth? Evidence from the Origins of Banking in Russia
Berkowitz, D., M. Hoekstra & K. Schoors (2012)

Factor Endowment, Structural Coherence, and Economic Growth
Che, N.X. (2012)

Germs, Social Networks and Growth      
Fogli, A. & L. Veldkamp (2012)

Abstract: Does the pattern of social connections between individuals matter for macroeconomic outcomes? If so, how does this effect operate and how big is it? Using network analysis tools, we explore how different social structures affect technology diffusion and thereby a country’s rate of technological progress. The network model also explains why societies with a high prevalence of contagious disease might evolve toward growth-inhibiting social institutions and how small initial differences can produce large divergence in incomes. Empirical work uses differences in the prevalence of diseases spread by human contact and the prevalence of other diseases as an instrument to identify an effect of social structure on technology diffusion.

Globalization, Brain Drain, and Development
Docquier, F. & H. Rapoport (2012)

Appropriate Technology, Human Capital and Development Accounting   
Chanda, A. & B. Farkas (2012)

Health, Human Capital Formation and Knowledge Production: Two Centuries of International Evidence
Madsen, J. (2012)

Non-linear Effects of Taxation on Growth
Jaimovich, N. & S. Rebelo (2012)

The Colonial Origins of Comparative Development: An Empirical Investigation: Comment   
Albouy, D.Y. (2012)

Abstract: Acemoglu, Johnson, and Robinson's (2001) seminal article argues property-rights institutions powerfully affect national income, using estimated mortality rates of early European settlers to instrument capital expropriation risk. However, 36 of the 64 countries in the sample are assigned mortality rates from other countries, often based on mistaken or conflicting evidence. Also, incomparable mortality rates from populations of laborers, bishops, and soldiers-often on campaign-are combined in a manner that favors the hypothesis. When these data issues are controlled for, the relationship between mortality and expropriation risk lacks robustness, and instrumental-variable estimates become unreliable, often with infinite confidence intervals.

The Colonial Origins of Comparative Development: An Empirical Investigation: Reply   
Acemoglu, D., S. Johnson & J.A. Robinson (2012)

Abstract: Acemoglu, Johnson, and Robinson (2001) established that economic institutions today are correlated with expected mortality of European colonialists. David Albouy argues this relationship is not robust. He drops all data from Latin America and much of the data from Africa, making up almost 60 percent of our sample, despite much information on the mortality of Europeans in those places during the colonial period. He also includes a "campaign" dummy that is coded inconsistently; even modest corrections undermine his claims. We also show that limiting the effect of outliers strengthens our results, making them robust to even extreme versions of Albouy's critiques.

The African Growth Miracle | Published   
Young, A. (2012)

Tax Composition and Growth: A Broad Cross-Country Perspective
Acosta Ormaechea, S. & J. Yoo (2012)

Looking into the black box of Schumpeterian growth theories: An empirical assessment of R&D races   
Venturini, F. (2012)

Accounting for development through investment prices   
Armenter, R. & A. Lahiri (2012)

Catch me if you learn: development-specific education and economic growth   
Cerina, F. & F. Manca (2012)

Colonialism and Economic Development in Africa
Heldring, L. & J.A. Robinson (2012)

Offshoring and Directed Technical Change
Acemoglu, D., G. Gancia & F. Zilibotti (2012)

Experience Matters: Human Capital and Development Accounting
Lagakos, D., B. Moll, T. Porzio & N. Qian (2012)

Brain Drain and Development Traps   
Bénassy, J.P. & E.S. Brézis (2012)

Social capital as an engine of growth: Multisectoral modelling and implications
Bofota, Y.B., R. Boucekkine & A.P. Bala (2012)

Non-linear Effects of Taxation on Growth
Jaimovich, N. & S. Rebelo (2012)

Public Policy and the Income-Fertility Relationship in Economic Development   
Kimura, M. & D. Yasui (2012)

Ecology, trade and states in pre-colonial Africa   
Fenske, J. (2012)

Middle-Income Growth Traps
Agénor, P-R. & O. Canuto (2012)

A Meta-Analytic Assessment of the Effects of Inequality on Growth   
Neves, P., S. Silva & O. AfonsoNeves, P., S. Silva & O. Afonso (2012)

Convergence and Modernization Revisited
Barro, R.J. (2012)

On the Link Between the Volatility and Skewness of Growth
Bekaert, G & A. Popov (2012)

Removing the constraints for growth: Some guidelines   
Calderón, C. & J.R. Fuentes (2012)

Technology Diffusion and Its Effects on Social Inequalities   
Magalhaes, M. & C. Hellström (2012)

On the dynamics of convergence in cross-country incomes   
Hashemi, F. (2013)

Top Incomes, Rising Inequality, and Welfare   
Lansing, K.J. & A. Markiewicz (2013)

Global income inequality by the numbers : in history and now -- an overview   
Milanovic, B. (2013)

Globalization and Income Inequality: A Panel Data Analysis of 68 Countries
Atif, S.M., M. Srivastav, M. Sauytbekova & U.K. Arachchige (2013)

The role of capital market efficiency in long-term growth: A quantitative exploration   
Lu, S-S. (2013)

Birthplace Diversity and Economic Prosperity
Alesina, A., J. Harnoss & H. Rapoport (2013)

Modernization of agriculture and long-term growth   
Yang, D.T. & X. Zhu (2013)

Taxation and Development   SURVEY PAPER
Besley, T.J. & T. Persson (2013)

Chronicle of a Decline Foretold: Has China Reached the Lewis Turning Point?
Das, M. (2013)

Trend shocks and economic development | Published      
Naoussi, C.F. & F. Tripier (2013)

Structural change and cross-country growth empirics
Eberhardt, M. & F. Teal (2013)

The Link Between Fundamentals and Proximate Factors in Development
Keller, W. & C.H. Shiue (2013)

What Do We Learn From Schumpeterian Growth Theory?
Aghion, P., U. Akcigit & P. Howitt (2013)

Growth and structural reforms: A new assessment   
Christiansen, L., M. Schindler & T. Tressel (2013)

Innovation, Intellectual Property Rights, and Economic Development: A Unified Empirical Investigation   
Hudson, J. & A. Minea (2013)

Growth and Structural Transformation
Herrendorf, B., R. Rogerson & A. Valentinyi (2013)

The Economic and Demographic Transition, Mortality, and Comparative Development   
Cervellati, M. & U. Sunde (2013)

The Emergence of Three Human Development Clubs   
Vollmer, S., H. Holzmann, F. Ketterer, S. Klasen & D. Canning (2013)

Development (paradigm) failures   
Hodler, R. & A. Dreher (2013)

Growth networks   
Kalia, R., J. Reyesa, J. McGeeb & S. Shirrell (2013)

Is newer better? Penn World Table Revisions and their impact on growth estimates   
Johnson, S., W. Larson, C. Papageorgiou & A. Subramanian (2013)

Zipf's law and maximum sustainable growth   
Malevergne, Y., A. Saichev & D. Sornette (2013)

Growth in Regions
Gennaioli, N., R. La Porta, F. Lopez de Silanes & A. Shleifer (2013)

Financial dependence, global growth opportunities, and growth revisited   
Manganelli, S. & A. Popov (2013)

Financial development and the sources of growth and convergence   
Badunenko, O. & D. Romero-Avila (2013)

The history augmented Solow model   
Dalgaard, C-J. & H. Strulik (2013)