570readings

Econ 570 Readings and Other materials

Here are some readings that are available on the web. I will also post other materials of interest.
First, for everybody

Leijonhufvud, Axel, Life Among the Econ, Western Economic Journal, 11, 1974: 327-337.

Here is a lecture by Paul Krugman on the The Rise and Fall of Development Economics.

Part One: Growth Readings

Ofer, Gur, “Development and Transition: Emerging, but Merging?” November 2000, mimeo.

Easterly, William, and Ross Levine, “It’s Not Factor Accumulation: Stylized Facts and Growth Models,” World Bank, 2001.

Hall, R.E., and C.I. Jones, “Why Do Some Countries Produce So Much More Output Per Worker Than Others?” NBER Working Paper, 6564, June 1999.

Galor, Oded and Omer Moav, “ Natural Selection and the Origin of Economic Growth,” mimeo, Hebrew University, January 2002.

Jones, Charles, "Was an Industrial Revolution Inevitable? Economic Growth Over the Very Long Run," Advances in Macroeconomics, Volume 1, Number 2 2001.

Acemoglu, Daron, Phillipe Aghion and Fabrizio Zilibotti, "Distance to Frontier, Selection, and Economic Growth," mimeo, June 2002.

Ricardo Hausmann, Lant Pritchett and Dani Rodrick, "Growth Accelerations," Working Paper, NBER 10566, June 2004.

Here is the paper by David Bloom and Jeffrey Williamson on Demographic Transitions and Economic Miracles in Asia.

The World Bank has just issued a new report Economic Growth in the 1990s: Learning from a Decade of Reform.

Here is an article on Schumpeterian growth models by Aghion and Howitt.

Part Two: Institutions

The Carnegie-Rochester Conference series published a recent volume on institutions and growth. You can link to the articles via a psu web account. Here are a couple of interesting ones:

Abhijit Banerjee has collected a set of papers on political economy and development.

William Easterly and Ross Levine, "Tropics, germs, and crops: how endowments influence economic development."

Daron Acemoglu, Simon Johnson, James Robinson and Yunyong Thaicharoen, "Institutional causes, macroeconomic symptoms: volatility, crises and growth."

Edward L. Glaeser, Rafael La Porta, Florencio Lopez-de-Silanes, and Andrei Shleifer, "Do Institutions Cause Growth?"

Cole, Ohanian, Riascos, and Schmitz study "Latin America in the Rearview Mirror."

Diego Restuccia and C. Urrutia, "Relative Prices and Investment Rates," Journal of Monetary Economics, 47, February 2001: 93-121.

Brad DeLong and Larry Summers ask "How Strongly Do Developing Economies Benefit from Equipment Investment?"

Gavin Wright and Jesse Czelusta discuss "Exorcising the Resource Curse: Minerals as a Knowledge Industry, Past, Present, and Future."

Here is a paper by Mehlum, Moene, and Torvik, on "Institutions and the Resource Curse."

Here is a paper by Robinson, Torvik, and Verdier, on the "Political Foundations of the Resource Curse."

Here is a paper by Alexeev and Conrad on the "Elusive Curse of Oil."

Here is the paper by Emily Oster on the Missing Women in Asia.

Here is a paper on the fiscal problems of Phillip II of Spain.

Here is a paper by Sussman and Yafeh testing the North-Weingast hypothesis.

Here is a paper by James Robinson on the North-Weingast hypothesis.

Ed Green discusses the role of private information and the origins of Parliamentary Government.

Part Three: Financial Liberalization Readings

Here is a new paper by Prasad, Rajan, and Subramanin on Foreign Capital and Economic Growth.

Here is the new working paper by Fisman and Love that discusses the Rajan and Zingales paper.

This is a new survey paper by Prasad, Rogoff, Wei, and Kose that discusses the Effects of Financial Globalization on Developing Countries.

Here is a paper by Gourinchas and Jeanne on Capital Mobility and Reform.

Here is a new paper that looks at the issue of monetary policy and insurance against financial crises by Caballero and Krishnamurthy.

Here is a paper by P. Aghion, P. Bachetta, and A. Banerjee on A Corporate Balance Sheet Approach to Currency Crises.

Here is a paper by C. Burnside, M. Eichenbaum, and S. Rebelo on Government Guarantees and Self-fulfilling Speculative Attacks.

Reuven Glick, Xueyan Guo and Michael Hutcheson examine "Currency Crises, Capital Account Liberalization, and Selection Bias."

The World Bank's Global Development Finance 2005 is available here.

Cristina Arellano examines "Default Risk, the Real Exchange Rate, and Income Fluctuations in Emerging Economies."

Here are the student papers and dates of presentations.

Part Four: Transition Readings

Kornai, Janos, Eric Maskin, and Gerard Roland, "Understanding the Soft Budget Constraint."

Kaufmann, Daniel and Aart Kraay, “Growth Without Governance,” World Bank Policy Research Working Paper, 2928, November 2002.

Useful Resources

The Global Corruption Report 2004 contains a cross-country index of corruption perceptions and research.

The Human Development Report contains lots of data about a wide variety of countries, and the human development index.

This site links to many Economic Growth resources.

The Penn World Tables dataset is availabe here.

To return to the Barry W. Ickes home page, click here.

This page was prepared by Barry W. Ickes
Last updated: August 2004
bwickes@psu.edu
http://econ.la.psu.edu/~bickes/index.htm