Filter by...
Reset all
Publications (18)
Working Paper
pdf
– Lessons from 19th-century America and 21st-century China
How do modern fiscal states arise? Perhaps the most dominant explanation, based on the European experience, is that democratic institutions that limited the extractive power of states—exemplified by the 1688 Glorious Revolution in England—paved the way for the rise of fiscal capacity and subsequent...
Blog
The tragedy for the Afghan people of the Taliban re-taking control of the country in August 2021 is the denouement of a process 20 years in the making. The sudden collapse of the Afghan government and the national security forces over the course of a few days is not a “surprise” to anyone, but was a...
Working Paper
pdf
There are sound theoretical reasons to expect clientelism to suppress economic growth: politicians who garner support by offering employment to voters and grassroots party members can do so more effectively when the voters’ participation constraint is met with low wages. Hence, clientelism can...
Working Paper
pdf
This paper analyses how inequality across counties in the United States of America has shaped the impact of the COVID-19 pandemic on the incidence of protests. The empirical analysis combines weekly data between January and December 2020 on levels of COVID-19-related policy stringency and protest...
Blog
– What can we learn from the experience of Vietnamese Americans?
Policy makers should see integration and upward mobility, and not simply placement and survival, as goals of resettlement of refugees. Our research on the integration of Vietnamese refugees in the United States shows that this population has demonstrated high levels of upward mobility. Drawing on...
Book Chapter
From the book:
Food Price Policy in an Era of Market Instability
Working Paper
pdf
Since 2006, global prices and price volatility for foodgrain commodities have spiked frequently and dramatically. Such spikes have had the heaviest economic and social impact on developing nations, where agriculture accounts for a sizable portion of economic activity. We demonstrate how US public...
Journal Article
– US FDI in Emerging Economies
Part of Journal Special Issue
FDI, Employment, and Growth in China and India
Blog
– Some Lessons for Developing Countries
William Lazonick Defined as the act of forming a new business, entrepreneurship is viewed as a prime way in which individualism can contribute to economic development. Recently The Economist depicted entrepreneurs as “global heroes” who can lead us out of the current economic crisis.[1] Nevertheless...
Working Paper
pdf
– US FDI in Emerging Economies
The paper investigates the impact of exchange rates on US foreign direct investment (FDI) flows to a sample of 16 emerging market countries using annual panel data for the period 1990-2002. Three separate exchange rate effects are considered: the value of the local currency (a cheaper currency...
Book Chapter
From the book:
Ownership and Governance of Enterprises
Journal Article
– The Silicon Valley Model
Part of Journal Special Issue
WIDER Symposium on Adaptive Efficiency and Evolving Diversity of Enterprise Ownership and Governance
Working Paper
pdf
– Determinants of Internet Adoption
This paper shows how organizational, technical, and environmental factors affected firm decisions to adopt Internet technologies during the early years of the commercialization of the Internet. Organizations that had made prior investments in client/server networks had a higher likelihood of...
Journal Article
– Geographic Concentration and Convergence of Internet Industries in the US
Part of Journal Special Issue
The New Economy
Working Paper
pdf
This paper analyzes the ‘Silicon Valley model’ as a novel economic institution in the domain of technological product system innovation such as computers. We focus on the information structural relationship as well as governance relationships between venture capitalists and a cluster of...
Working Paper
pdf
– Geographic Concentration and Convergence of Internet Industries in the US
This paper investigates the effect of information technology on industrial patterns of concentration and convergence. Information-technology intensive industries exhibit slower employment convergence than other industries. The regression estimates suggest that the highest-IT industries exhibit...
Displaying 16 of 18 results