Showing papers in "Journal of Development Economics in 1996"

TL;DR: This article conducted causality tests between financial development and real GDP using recently developed time series techniques and found little support to the view that finance is a leading sector in the process of economic development.

TL;DR: In this paper, the authors compare the association between many popular proxies for openness and the rate of GDP growth, as well as the results from cross-section and panel estimation, controlling for country effects.

TL;DR: In this paper, the determinants and sustainability of the widespread private capital inflows to middle-income countries after 1989 are studied. And the key question is whether these flows are mostly "pulled" by attractive domestic conditions or "pushed" by unfavorable conditions in developed countries.

TL;DR: In this article, the authors developed a simple theoretical model, inspired by the case of Mexico, that explains the existence of such giant cities as a consequence of the strong forward and backward linkages that arise when manufacturing tries to serve a small domestic market.

TL;DR: This article examined the role of intellectual property rights in economic growth, utilizing cross-country data on patent protection, trade regime, and country-specific characteristics, and found that intellectual property protection is a significant determinant of economic growth.

TL;DR: In this paper, the level of human capital embodied in the proprietor, firm location, sector, and proprietor gender are found to be important determinants of growth in small-firm dynamics.

TL;DR: In this paper, the authors argue that technology is only implementable as the labor force has built up the corresponding skills, and that this explains part of the variation in the long-run growth effects of trade liberalization in newly industrializing countries.

TL;DR: This paper examined the link between various empirical indicators used in the literature to measure trade policy stance and found that, with minor exceptions, they are pairwise uncorrelated, raising obvious questions about their reliability in capturing some common aspect of trade policy and the interpretation of the empirical evidence on economic performance.

TL;DR: The authors examined the role of industry and occupation-specific effects in explaining the growing dispersion and found that despite the magnitude and pace of the reforms, industry specific effects explain little of the rising wage dispersion.

TL;DR: In this article, an evolutionary model of spatial economic development in which agglomeration economies and the hub effect of transport nodes interplay in the making of major cities is proposed.

TL;DR: In this article, the effects of financial intermediation on the growth of real GDP in LDCs by employing annual data for 71 countries over varying periods that generally span the 1960s and 1980s.

TL;DR: In this article, the authors present a theoretical and empirical assessment of the determinants of savings rates with special emphasis on Latin American savings rates, based on international comparisons, using data from 36 countries for 1970-1992.

TL;DR: In this paper, three models of credit markets -the permanent income model, upward sloping credit supply to individual borrowers, and constrained credit due to imperfect enforcement -were tested using credit market data and an experimental study of individuals' discount rates in south India.

TL;DR: In this paper, a simple two-period model of an agricultural household that both produces and consumes under price uncertainty at the time labor allocation decisions are made is presented, showing that a non-degenerate land distribution and price risk can together produce an inverse relationship, even absent any of the more common explanations.

TL;DR: In this paper, the relative importance of the role of technology versus that of institutional innovation in China's rural economy is analyzed. But, the authors focus on measuring the importance of technology vs. institutional innovation and do not consider the impact of decollectivization.

TL;DR: In this paper, the authors examined the accuracy and usefulness of estimated rates of return to schooling based on the standard human capital model of Becker and Mincer, and investigated whether failure to account for differences in ability and school quality lead to significant biases.

TL;DR: In this paper, the authors focus on the empirical implications of introducing schooling costs that increase with schooling level and find that the cost of advanced levels of education influences decisions at the primary-school level.

TL;DR: In this paper, the authors analyzed the relationship between bundling and transfer of know-how using Indian data and showed that tied sales of inputs may increase the efficiency of contracts involving the transfer of knowledge.

TL;DR: In this paper, the authors analyzed the role of capital market imperfections in investment decisions and investigated whether the financial reforms introduced in the 1980s in Ecuador succeeded in relaxing financial constraints.

TL;DR: In this article, a multiplier decomposition method focusing on poverty alleviation is presented. And the decomposition captures the various mechanisms and linkages through which a production sector's output contributes to poverty alleviated within a socioeconomic system represented by a Social Accounting Matrix (SAM).

TL;DR: In this paper, the authors adapted the recent methodology of Paxson to study saving rates in rural Pakistan and paid particular attention to differences in marginal rates of financial and physical saving and how these vary across income groups and by direction of income shocks.

TL;DR: This paper showed that a small, open economy may be trapped in an underdevelopment trap in which a shallow division of labor (i.e., a low variety of specialized inputs) is self-reinforcing.

TL;DR: In this paper, a cross-section of developing countries over the period 1980-1990 using a variety of measures of the quality of macroeconomic management was tested for a crosssection of developed countries over a period of time.

TL;DR: This article examined the shift from fixed to more flexible exchange rate regimes among countries in Latin America and the Caribbean and developed a stylized model of regime choice, based on the perceived losses from exchange rate misalignment incurred under fixed versus more flexible regimes.

TL;DR: In this article, the authors show that trade in goods can lead to a divergence of growth rates, and they also explore how these results are affected by trade in intermediate inputs or by multinational corporations, which may facilitate the diffusion of knowledge.

TL;DR: In this article, the authors use a dynamic monopolistic competition model to show that an economy that inherits a small range of specialized inputs can be trapped into a lower stage of develop- ment.

TL;DR: In this paper, the authors explore the trend of interprovincial inequality in the post-1978 reform era in China and the factors behind the dynamics of inter-provincial inequalities.

TL;DR: This study confirms the significant influence of sex and union status of the household head on household expenditure behaviors with implications for individual household members, with more positive outcomes among children despite differences in budget allocation and lower health expenditures.

TL;DR: The authors analyzed participation in rotating savings and credit associations using a national household survey from Taiwan and found that participation is highest among high-income households, indicating that roscas may be an alternative savings device to the formal financial sector.

TL;DR: In this article, the authors investigated the link between convergence and factor mobility and showed that convergence is more likely the greater the scope for scale economies and the lower the degree of labor mobility.