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Abstract: The Worldwide Governance Indicators, reporting estimates of six dimensions of governance for over 200 countries between 1996 and 2005, have ...
The evidence from individual cases and from cross-country analysis supports the view that globalization leads to faster growth and poverty reduction i...
Revisiting the Evidence
Several recent papers have attempted to identify the partial effects of trade integration and institutional quality on long-run growth using the geogr...
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With the right method, aggregate indicators can provide useful estimates of basic governance concepts as well as measures of the imprecision of these ...
Abstract: This paper reports on the latest update of the Worldwide Governance Indicators (WGI) research project covering 212 countries and territories...
The authors challenge this view here and develop two alternative interpretations. Both are based on the notion that a bubble (the "dot-com" bubble) ha...
Cross-country Evidence
Growth is pro-poor if the poverty measure of interest falls. This implies three potential sources of pro-poor growth: (a) a high rate of growth of ave...
Updated Indicators for 2000-01
Updated governance indicators report estimates of six dimensions of governance for 175 countries in 2000-01. They can be compared with those construct...
In recent years, the growing interest of academics and policymakers in governance has been reflected in the proliferation cross-country indices measur...
Small states, no different from large states in income and growth, should receive the same policy advice large states do. Because of their greater ope...
Evidence from Plant-level Panel Data
In Colombia, Mexico, and Morocco, firms' past exposure to foreign knowledge through exports, imported imputs, and foreign direct investment does not h...
December 1995 A correction for spatial correlation in panel data. In many empirical applications involving combined time-series and cross-sectional da...
Aggregate and Individual Governance Indicators for 1996-2005
Abstract: The authors report on the latest version of the worldwide governance indicators, covering 213 countries and territories and measuring six di...
Does China's Zero Net Foreign Asset Position Make Economic Sense?
China in the past few years has emerged as a net foreign creditor on the international scene with net foreign assets slightly greater than zero percen...
Aggregate and Individual Governance Indicators, 1996-2006
This paper reports on the latest update of the Worldwide Governance Indicators (WGI) research project covering 212 countries and territories and measu...
Development Challenges in the New Century
The first volume in the China 2020 seven-volume set, China 2020: Development Challenges in the New Century, provides an overview of the country's stre...
A Cross-Country Study
We study the determinants of employment and wages in the public sector, using a new set of panel data for 34 LDCs and 21 OECD countries from 1972–99...
Over the past decade the United States has experienced widening current account deficits and a steady deterioration of its net foreign asset position....
Multilateral development banks are frequently accused of "defensive lending," the practice of extending new loans purely in order to ensure that exist...
"The authors examine the empirical evidence in support of the poverty trap view of underdevelopment. They calibrate simple aggregate growth models in ...
Business cycles are both less volatile and more synchronized with the world cycle in rich countries than in poor ones. We develop two alternative expl...
Answering the Critics
The Worldwide Governance Indicators, reporting estimates of six dimensions of governance for over 200 countries between 1996 and 2005, have become wid...
This paper examines the determinants of "debt distress," which they define as periods in which countries resort to exceptional finance in any of three...
Aggregate and Individual Governance Indicators for 1996???2005
The authors report on the latest version of the worldwide governance indicators, covering 213 countries and territories and measuring six dimensions o...
Evidence from Plant-Level Panel Data
What mechanisms most frequently transmit foreign technologies to developing country firms? Do these foreign technologies affect both productive effici...
An Examination of Retail Sales, 1929-1939
Simple welfare indices such as mean income are ubiquitous but not distribution sensitive. In contrast, existing distribution sensitive welfare indices...
The validity of instrumental variables (IV) regression models depends crucially on fundamentally untestable exclusion restrictions. Typically exclusio...