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Showing papers in "Journal of Development Economics in 2002"


Journal ArticleDOI
TL;DR: In this paper, a new and very simple mechanism to explain why natural resource abundance may lower income and welfare is developed, and it is shown that the drop in income as a result of this is higher than the increase in income from the natural resource.

815 citations


Journal ArticleDOI
TL;DR: In this article, the authors show that the traditional village order, where it exists, provides the basic land rights required to stimulate small-scale investment, and they cast doubt on the existence of a systematic influence of land tenure security on investment.

628 citations


Journal ArticleDOI
TL;DR: The authors used household surveys for India's 15 major states spanning 1960-1994 to study how the sectoral composition of economic growth and initial conditions interact to influence how much growth reduced consumption poverty.

618 citations


Journal ArticleDOI
TL;DR: In this paper, the authors argue that problems with mis-specification and the diversity of liberalisation indices used are in part responsible for the inconclusiveness of the evidence on its growth enhancing effects.

550 citations


Journal ArticleDOI
TL;DR: In this article, the authors show that more than half of returning migrants are economically active after return, and most of them engage in entrepreneurial activities, and develop a model, where migrants decide simultaneously about the optimal migration duration, and their after-return activities.

457 citations


BookDOI
TL;DR: In this article, the authors examine the role of governance measured by level of corruption and quality of bureaucracy and ask how it affects the relationship between public spending and outcomes, and find that public health spending lowers child and infant mortality rates in countries with good governance.

408 citations


Journal ArticleDOI
TL;DR: Harrison, Love, and McMillan as discussed by the authors show that foreign direct investment is associated with a reduction in firm-level financing constraints, while portfolio investment has no impact on firms' financing constraints.

376 citations


Journal ArticleDOI
TL;DR: In this article, two non-exclusive hypotheses about what motivates remittances sent by Dominican migrants to their rural parents in the Sierra are tested: (a) an insurance contract taken by parents with their migrant children and (b) an investment by migrants in potential bequests.

359 citations


Journal ArticleDOI
TL;DR: In this article, the authors present evidence in support of a particular growth process of firms that is consistent with a missing middle in the size distribution of manufacturing firms in African countries, which is explained by size and age effects as a result of efficiency exploiting through scale enlargements and learning.

313 citations


Journal ArticleDOI
Steven A. Block1
TL;DR: In this article, the authors present cross-country evidence that political business cycles are alive and well in the nascent democracies of the developing world and find that increasingly frequent elections are associated with reversals of fiscal and monetary policy reform, indicating a potential conflict between political and economic reform.

308 citations


Journal ArticleDOI
TL;DR: This article used panel data from 464 traditional rice plots in Cote D'Ivoire to show that controlling for heterogeneous environmental production conditions significantly changes inferences, perhaps especially with respect to smallholder rice farmers' estimated technical inefficiency.

Journal ArticleDOI
TL;DR: In this paper, the authors show that poor complementary public capital significantly reduces private investment in public infrastructure services, and that firms can substitute for deficient public services by investing in complementary capital themselves.

Journal ArticleDOI
TL;DR: The authors examine the effects of local inequality on property and violent crime in South Africa and find that crime rates are 20-30 percent higher in police station jurisdictions that are the wealthiest among their neighbors, suggesting that criminals travel to neighborhoods where the expected returns from burglary are highest.

Journal ArticleDOI
TL;DR: This article examined the duration and magnitude of cycles in world commodity prices and found that there is an asymmetry in commodity price cycles, as price slumps last longer than price booms, and how far prices fall in a slump is slightly larger than how far they tend to rebound in a subsequent boom.

Journal ArticleDOI
TL;DR: In this paper, the authors investigated the impact of the heterogeneity of the labor force on the spatial distribution of activities by applying the tools of discrete choice theory to an economic geography model and found that taste heterogeneity acts as a strong dispersion force.

Journal ArticleDOI
TL;DR: In this paper, the efficiency of insurance markets in the Pakistan Punjab by examining how crop choices are affected by the presence of price and yield risk is examined, and a reduced-form and structural model of crop choices is presented.

Journal ArticleDOI
TL;DR: In this paper, the authors estimate the relative impact of demand and supply side determinants of rural primary school enrolment in Mozambique, and show that building more schools or raising adult literacy will have a larger impact on primary school enrollment rates than interventions that raise household income.

Journal ArticleDOI
TL;DR: In this article, the authors consider the effect on local resource extraction of an ambitious, government initiated community forestry program in Nepal and evaluate its impact on the extraction of wood for fuel.

Journal ArticleDOI
TL;DR: In this article, the impact of financial liberalization on fixed investment in Mexico using establishment-level data from the manufacturing sector is examined, and an innovative approach explores the role of real estate as collateral and addresses a potential censoring problem.

Journal ArticleDOI
TL;DR: In this paper, income inequality within and between counties in rural China is assessed using household data from samples covering 18 provinces in 1988 and 1995, and the approach enables them to aggregate average income and income inequality to the levels of provinces and the three regions comprising eastern, central and western China.

Journal ArticleDOI
TL;DR: In this article, a simple and tractable model of occupational choice in the presence of credit market imperfections is presented, which examines the effect of parameters governing technology and transaction costs, and history, in terms of the initial wealth distribution, in determining the long-term wealth distribution and the level of per capita income of an economy.

Journal ArticleDOI
TL;DR: In this paper, the authors examine the interaction between credit markets, trade sanctions and the incidence of child labour in a two-good, two-period model with unequally wealthy households.

Journal ArticleDOI
TL;DR: This article presented a model in which a developing country may reduce inflationary expectations by pegging its exchange rate to the currency of an advanced country, at the expense of forgoing its ability to compensate for real exchange rate shocks.

Journal ArticleDOI
TL;DR: In this paper, the authors propose an explanation of the configuration of mutual insurance groups and of the quality of insurance within each group on the basis of two types of transaction costs: association costs in establishing links with insurance partners and extraction costs in using these links to implement insurance transfers.

Journal ArticleDOI
TL;DR: The typical victims of property crime in Latin America come from rich and middle class households and tend to live in larger and faster growing cities as discussed by the authors, which is a reflection of the inability of many cities in the region to keep up with the increasing demands for public safety brought about by a hasty and disorderly urbanization process.

Journal ArticleDOI
TL;DR: In this paper, the effect of the change from a fixed to a floating exchange rate regime that took place in Mexico in December 1994 had on the currency composition of corporate debt, and whether a fixed-to-fixed exchange-rate regime biases corporate borrowing towards foreign currency due to an implicit exchange rate guarantee given by the government.

Journal ArticleDOI
TL;DR: In this paper, the authors empirically test for a causal and negative long-run relation between political instability and economic growth but find no evidence of such a relationship, and they conclude that there is a contemporaneous negative relationship but also that, in the long run and ignoring institutional factors, the group of African countries plays the determining role.

Journal ArticleDOI
TL;DR: In this article, the authors quantified the factors underlying the allocations of food aid by the Ethiopian government, together with local and international non-governmental organizations (NGOs), both across rural regions and to households within regions.

Journal ArticleDOI
TL;DR: In this article, the authors estimate production functions using panel data on Indian manufacturing firms and find a statistically significant impact of imported technologies on productivity, especially on account of imports of disembodied technology.

Journal ArticleDOI
Martin Ravallion1
TL;DR: In this paper, the authors identify conditions under which the urban sector's share of the poor population in a developing country will be a strictly increasing and strictly convex function of its share of total population.