Journal of Economic Development

Articles from Vol. 38, No. 1, March

DEPENDENCE OF ECONOMIC GROWTH ON CO^sub 2^ EMISSIONS
This paper examines the effects of CO^sub 2^ emissions on GDP by using a dynamic model for panel data from 19 OECD countries. The results indicate a significant decline in the dependence of economic growth on pollution, suggesting technological progress...
Female Autonomy in Rural North India: Impact of Economic, Social, and Political Factors
This paper attempts to answer a number of questions concerning factors which influence female autonomy as measured by mobility in rural north India (Uttar Pradesh). It is hypothesized that a female autonomy outside the home is influenced by social, economic,...
Financial Development and Economic Growth: A New Investigation
This article applies a Bayesian dynamic factor model to examine the relationship between financial development and economic growth from a new angle. We estimate the common, country, and idiosyncratic factors that drive the dynamics and co-movement of...
Middle-Class Consensus, Social Capital and the Fundamental Causes of Economic Growth and Development
This paper analyzes a heterogeneous-agents endogenous-growth model incorporating both transaction costs and social capital. An individual can either become an active part of the society's middle-class networks of trust and mutual co-operation, thus making...
Private Investment and Fiscal Policy in Pakistan
This paper has examined linear as well as non-linear impact of fiscal policy variables on private investment in Pakistan. The results imply that it's better to examine different aspects of fiscal policy instead of fiscal policy variables in aggregate...
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