Bulletins

Disenchantment with the Washington Consensus has led to an emphasis on growth diagnostics. In the case of Brazil, the literature suggests three main factors impeding grow [...]

This paper develops a metric of structural transformation that can account for the production of new varieties of goods embodying advancements in technological know-how a [...]

A growth accounting method is used to analyze the sources of growth in China's rice, wheat, corn and soybeans, the four most important crops in China's grain sector, duri [...]

The effect on production, trade and well-being from the granting of market access, removing export subsidies, and eliminating trade-distorting forms of direct support to [...]

Does democratization imply faster growth, less corruption and less inefficiency? Past studies yield ambiguous results on the effects of democracy on economic performance [...]

Favorable conditions existed for world economic growth during the 1980s and early 1990s. Yet real GDP growth rates for 76 out of 87 countries included in this study decr [...]

We investigate the dynamics of nonrenewable resource abundance on economic growth and welfare in a two-country world. One country is endowed with a nonrenewable-resource [...]

In work published in the 1980's Yujro Hayami and I elaborated a theory of institutional innovations in which institutional changes are induced, on the demand side, by cha [...]