Development economics: theory and practice
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| Main Authors: | , |
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| Format: | Book |
| Language: | English |
| Published: |
New York ; London
Routledge
[2021]
|
| Edition: | Second edition |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | xxiv, 548 Seiten Illustrationen 25 cm |
| ISBN: | 9780367456474 9780367456481 |
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| adam_text | Contents List of Figures and Tables Resources on the Companion Website Preface Acknowledgments Introduction Economic Development Development Economics Why Should We Be Interested in Development Economics? References 1 2 x¡¡ xix xxj xxiii 1 1 13 13 15 What Is Development? Indicators and Issues Seven Dimensions of Development Income and Income Growth Poverty and Hunger Inequality and Inequity Vulnerability to Poverty Basic Needs: Human Development Sustainability in the Use of Natural Resources Quality of Life Development Goes beyond Income, but Can Income Growth Deliver Development? Conclusion: Development Is Multidimensional, so Can We Agree on What It Is? Concepts in this Chapter Review Questions: What Is Development? Indicators and Issues References 18 18 22 28 32 34 38 44 46 47 49 50 50 51 The State of Development Income Growth and the Convergence Club Poverty and Hunger Inequality Basic Human Needs Sustainability in Resource Use Quality of Life Conclusion Concepts in this Chapter Review Questions: The State of Development 54 54 59 65 69 72 75 79 79 79 References 80
CONTENTS vi I 3 History of Thought in Development Economics 82 Introduction: Why History Matters Basic Principles in Analyzing the History of Thought in Development Economics 82 84 Selected Schools of Thought in Development 4 101 References 102 Impart Evaluation of Development Policies and Programs 105 How Do We Know What Works for Development? Objectives and Overview of Impact Evaluation 105 Methods of Impact Evaluation 106 Experimental Design—RCT Matching Method to Construct Control Groups: Propensity Score Matching 108 Difference-In-Differences Method Generalization of the Diff-In-Diffs Approach: Rollouts with Panel Data Regression Discontinuity Designs Event Analysis and Event-Severity Analysis Instrumental Variables Estimation Making Impact Evaluation More Useful for Policy Purposes Qualitative Methods Concepts in this Chapter Review Questions: Impact Evaluation of Development Policies and Programs Appendix 4: Econometrics of Impact Analysis Randomization 101 102 105 115 117 121 123 126 127 129 130 130 131 131 132 Propensity Score Matching 132 Difference-In-Differences Staggered Entry with Panel Data: Rollout of a Program Regression Discontinuity Event Analysis 133 134 Instrumental Variables Estimation References 5 85 Conclusion Concepts in this Chapter Review Questions: History of Thought in Development Economics Poverty and Vulnerability Analysis Characterize Welfare: Choice of an Indicator of Wellbeing Separating the Poor from the Non-Poor: Choosing a Poverty Line (z) Poverty Profile and Aggregate Indicators Vulnerability Other Aspects of Poverty Correlates of
Poverty: Who Are the Poor? Where Do They Live? What Do They Do? How Do They Live? The Geography of Poverty: Poverty Maps Are There Behavioral Poverty Traps? Concepts in this Chapter Review Questions: Poverty and Vulnerability Analysis References 134 135 135 136 139 140 143 145 152 156 157 160 161 162 163 163
CONTENTS I vii Inequality and Inequity 166 Describing and Measuring Inequality 166 169 Decomposing Inequality Relationship Between Level of Income (GDPpc) and Inequality: Empirical Evidence on the Kuznets Inverted-U Curve 171 The Long-Term Evolution of Inequality 172 Pro-Poor Growth and the Growth Incidence Curve The Growth-lnequality-Poverty Development Triangle 174 What Roles for Ethnic Fractionalization and Genetic Diversity? 175 184 What Role for Equity in Development? 185 Inclusive Growth 186 187 Concepts in this Chapter Review Questions: Inequality and Inequity References 187 International Trade and Industrialization Strategies 190 Trade Openness Gains from Trade: Why Countries Trade, but Not Everyone Gains 190 192 188 Absolute, Comparative, and Competitive Advantage 196 Trade Policy and Indicators of Protection 197 Using Trade Policy for Development: Tariffs and Subsidies 200 Dynamic Gains from Trade: Import-Substitution Industrialization as a Policy Gamble 203 Trade and Industrialization Strategies: How to Choose Is Trade Good for Growth? 207 204 Is Trade Good for Poverty Reduction? 208 Trade and the Environment 209 Trade and Food Security 213 Decline of the WTO and Threats to Multilateralism 214 Concepts in this Chapter 215 Review Questions: International Trade and Industrialization Strategies References 216 217 Explaining Economic Growth: The Macro Level 219 The Growth Puzzle Generic Modeling of Income Growth 219 219 Capital Accumulation for Growth: The Harrod-Domar Model 221 Productivity Growth and Factor Deepening: The Solow Model 225 230 Economic Growth and
Structural Transformation The Role of Agriculture in Growth: Dual-Economy Models 232 The Role of Agriculture in Growth: Other Models 236 Endogenous Economic Growth 238 Concepts in this Chapter Review Questions: Explaining Economic Growth—the Macro Level References 242 243 244 Exchange Rate Policies and Development 246 Trade, Financial Flows, and Exchange Rate 246 247 Exchange Rate Regimes
CONTENTS viii I 10 11 12 The Real Exchange Rate and Its Effect on Real Balances Two Examples of Exchange Rate Shocks “ Concepts in this Chapter Review Questions: Exchange Rate Policies and Development References 256 25$ The Economics of Farm Households 257 Importance of Farm Households Definitions of Farm Households 2^7 259 Farm Household Behavior Models 262 Responses to Market Signals: Separability Net Buyers, Net Sellers, and Food Security 265 266 Can the Family Farm Be Competitive and Survive? 267 Risk and Self-Insurance in Household Behavior 270 Intra-Household Allocation of Resources and Gender Roles 272 Concepts in this Chapter 274 Review Questions: The Economics of FarmHouseholds 275 References 275 Population and Development 278 Definitions: Demographic Concepts Some Data for World Population 278 282 History of World Population and Demographic Transition Causes of Population Growth Population Policy Other Issues in Population and Development Concepts in this Chapter 284 285 292 297 298 Review Questions: Population and Development References 298 299 Labor and Migration 301 3Q1 304 Labor and Employment Rural-Urban Migration 13 Extensions of the Model and EmpiricalResults Impacts of Migration Conclusion Concepts in this Chapter Review Questions: Labor and Migration References 311 3^g 322 Financial Services for the Poor The Generic Lender Problem 326 326 Commercial Banks Local Moneylenders, or Usurers Local Sources of Credit Based on Interlinkages in Value Chains Informal Institutions: ROSCAs Village Banks and Self-Help Groups The Microfinance Revolution: Group Lending
Յշ8 328 329 33O 33^ 332 322 323 323
I ¡x CONTENTS 14 15 MFIs with Individual Loans: Proximity Lending 334 Other Issues in Microfinance Lending 335 Impact Evaluations on Microfinance Lending 337 Increasing Savings: Offering Saving Opportunities and incentives Can the Poor Be Insured? The Promise of Index-Based Weather Insurance 338 340 Mobile Money and Digital Credit 346 Conclusions on MFIs: How Useful are they for Poverty Reduction? 347 Concepts in this Chapter 348 Review Questions: Financial Services for the Poor 349 References 350 Social Programs and Targeting 353 Determinants of Income and Paths out of Poverty 353 A Typology of Social Programs 354 The Targeting of Social Programs: Benefits and Costs 357 Errors in Targeting: Exclusion (Type I) and Inclusion (Type II) Errors 358 Targeting Methods Quality of Targeting 360 366 Other Issues in Implementation of Transfers 367 Using Social Safety Net Programs for Efficiency Gains and Growth 371 Impact Evaluation of Social Programs: Some Examples 372 The Debate over Cash Transfers vs. Development Programs for Poverty Reduction 374 Concepts in this Chapter 375 Review Questions: Social Programs and Targeting 375 References 376 Sustainable Development and the Environment 379 Links between Development, Resource Conservation, and Environmental Sustainability 16 379 Negative Externalities 381 Incomplete Property Rights 388 Public Goods Discounting: Private vs. Social, and Exponential vs. Hyperbolic 390 391 The Sustainability Objective 393 Dilemmas in the Environment-Development Relation 394 Introducing New Markets: Payments for Environmental Services 396 Concepts in
this Chapter Review Questions: Sustainable Development and the Environment 399 399 References 400 Common Property Resources and Determinants of Cooperation 402 Why Are There Common Property Resources? 402 Economics of CPR Use 404 Grounds for Pessimism about Cooperative Behavior 405 Cooperative Outcomes in Non-Cooperative Games 406 Determinants of Cooperation and Collective Action Why Secure Property Rights Over Land Matter for Economic Development 410 415 Concepts in this Chapter 416
CONTENTS Review Questions: Common Property Resources and Determinants of Cooperation 416 References 17 Human Capital: Education and Health ^® Why Are Education and Health Important for Development? Indicators and Status of Education Education and Growth What Determines the Levels of Schooling? Estimating the Return to Education Policy Issue: Conditional Cash Transfers Indicators and Status of Health What Determines Health Achievements? Impact of Health on Development Outcomes Issues in Health Policies: The Debate Around Subsidies Concepts in this Chapter Review Questions: Human Capital—Education and Health References 419 420 423 423 429 430 432 435 439 441 442 443 443 18 Agriculture for Development Agriculture for Development The State of World Agriculture Determinants of Agricultural Growth Food Security in Developing Countries The Political Economy of Agriculture for Development Concepts in this Chapter Review Questions: Agriculture for Development References 448 448 454 459 470 473 473 474 474 19 Development Aid and Its Effectiveness Overview Aid in a Historical Perspective The Evolution of Foreign Aid Fungibility of Foreign Aid Aid Effectiveness from a Macro Perspective Evaluating the Impact of Foreign Aid from a Micro Perspective The Practice of Foreign Aid Aid Strategies for Greater Effectiveness: What Can Be Done? The Debate on Foreign Aid Conclusion: Toward a New Aid Architecture Concepts in this Chapter Review Questions: Development Aid and Its Effectiveness References 477 477 478 481 483 483 486 487 491 494 496 499 500 500 20 Institutional Innovations and
Development Institutions and Development Assumptions Underlying New Institutional Economics Market Failures Induced by Transaction Costs Institutional Responses to Market Failures 503 503 504 505
I xi CONTENTS Mechanisms of Institutional Change 508 Examples of Institutional Innovations that Help Reduce Transaction Costs and/or Compensate for Market Failures 21 Index Concepts in this Chapter 510 515 Review Questions: Institutional Innovations and Development References 515 515 Political Economy and the Role of the State 518 Introduction Theories of the State 518 519 The Functionalist State 519 The Pluralist State: Public Choice 524 Economics of Public Authority: Rent-Seeking, Political Influence, and Corruption 534 Strategies to Limit Rent-Seeking Concepts in this Chapter 537 541 Review Questions: Political Economy and the Role oftheState 542 References 543 546
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| adam_txt |
Contents List of Figures and Tables Resources on the Companion Website Preface Acknowledgments Introduction Economic Development Development Economics Why Should We Be Interested in Development Economics? References 1 2 x¡¡ xix xxj xxiii 1 1 13 13 15 What Is Development? Indicators and Issues Seven Dimensions of Development Income and Income Growth Poverty and Hunger Inequality and Inequity Vulnerability to Poverty Basic Needs: Human Development Sustainability in the Use of Natural Resources Quality of Life Development Goes beyond Income, but Can Income Growth Deliver Development? Conclusion: Development Is Multidimensional, so Can We Agree on What It Is? Concepts in this Chapter Review Questions: What Is Development? Indicators and Issues References 18 18 22 28 32 34 38 44 46 47 49 50 50 51 The State of Development Income Growth and the Convergence Club Poverty and Hunger Inequality Basic Human Needs Sustainability in Resource Use Quality of Life Conclusion Concepts in this Chapter Review Questions: The State of Development 54 54 59 65 69 72 75 79 79 79 References 80
CONTENTS vi I 3 History of Thought in Development Economics 82 Introduction: Why History Matters Basic Principles in Analyzing the History of Thought in Development Economics 82 84 Selected Schools of Thought in Development 4 101 References 102 Impart Evaluation of Development Policies and Programs 105 How Do We Know What Works for Development? Objectives and Overview of Impact Evaluation 105 Methods of Impact Evaluation 106 Experimental Design—RCT Matching Method to Construct Control Groups: Propensity Score Matching 108 Difference-In-Differences Method Generalization of the Diff-In-Diffs Approach: Rollouts with Panel Data Regression Discontinuity Designs Event Analysis and Event-Severity Analysis Instrumental Variables Estimation Making Impact Evaluation More Useful for Policy Purposes Qualitative Methods Concepts in this Chapter Review Questions: Impact Evaluation of Development Policies and Programs Appendix 4: Econometrics of Impact Analysis Randomization 101 102 105 115 117 121 123 126 127 129 130 130 131 131 132 Propensity Score Matching 132 Difference-In-Differences Staggered Entry with Panel Data: Rollout of a Program Regression Discontinuity Event Analysis 133 134 Instrumental Variables Estimation References 5 85 Conclusion Concepts in this Chapter Review Questions: History of Thought in Development Economics Poverty and Vulnerability Analysis Characterize Welfare: Choice of an Indicator of Wellbeing Separating the Poor from the Non-Poor: Choosing a Poverty Line (z) Poverty Profile and Aggregate Indicators Vulnerability Other Aspects of Poverty Correlates of
Poverty: Who Are the Poor? Where Do They Live? What Do They Do? How Do They Live? The Geography of Poverty: Poverty Maps Are There Behavioral Poverty Traps? Concepts in this Chapter Review Questions: Poverty and Vulnerability Analysis References 134 135 135 136 139 140 143 145 152 156 157 160 161 162 163 163
CONTENTS I vii Inequality and Inequity 166 Describing and Measuring Inequality 166 169 Decomposing Inequality Relationship Between Level of Income (GDPpc) and Inequality: Empirical Evidence on the Kuznets Inverted-U Curve 171 The Long-Term Evolution of Inequality 172 Pro-Poor Growth and the Growth Incidence Curve The Growth-lnequality-Poverty Development Triangle 174 What Roles for Ethnic Fractionalization and Genetic Diversity? 175 184 What Role for Equity in Development? 185 Inclusive Growth 186 187 Concepts in this Chapter Review Questions: Inequality and Inequity References 187 International Trade and Industrialization Strategies 190 Trade Openness Gains from Trade: Why Countries Trade, but Not Everyone Gains 190 192 188 Absolute, Comparative, and Competitive Advantage 196 Trade Policy and Indicators of Protection 197 Using Trade Policy for Development: Tariffs and Subsidies 200 Dynamic Gains from Trade: Import-Substitution Industrialization as a Policy Gamble 203 Trade and Industrialization Strategies: How to Choose Is Trade Good for Growth? 207 204 Is Trade Good for Poverty Reduction? 208 Trade and the Environment 209 Trade and Food Security 213 Decline of the WTO and Threats to Multilateralism 214 Concepts in this Chapter 215 Review Questions: International Trade and Industrialization Strategies References 216 217 Explaining Economic Growth: The Macro Level 219 The Growth Puzzle Generic Modeling of Income Growth 219 219 Capital Accumulation for Growth: The Harrod-Domar Model 221 Productivity Growth and Factor Deepening: The Solow Model 225 230 Economic Growth and
Structural Transformation The Role of Agriculture in Growth: Dual-Economy Models 232 The Role of Agriculture in Growth: Other Models 236 Endogenous Economic Growth 238 Concepts in this Chapter Review Questions: Explaining Economic Growth—the Macro Level References 242 243 244 Exchange Rate Policies and Development 246 Trade, Financial Flows, and Exchange Rate 246 247 Exchange Rate Regimes
CONTENTS viii I 10 11 12 The Real Exchange Rate and Its Effect on Real Balances Two Examples of Exchange Rate Shocks “ Concepts in this Chapter Review Questions: Exchange Rate Policies and Development References 256 25$ The Economics of Farm Households 257 Importance of Farm Households Definitions of Farm Households 2^7 259 Farm Household Behavior Models 262 Responses to Market Signals: Separability Net Buyers, Net Sellers, and Food Security 265 266 Can the Family Farm Be Competitive and Survive? 267 Risk and Self-Insurance in Household Behavior 270 Intra-Household Allocation of Resources and Gender Roles 272 Concepts in this Chapter 274 Review Questions: The Economics of FarmHouseholds 275 References 275 Population and Development 278 Definitions: Demographic Concepts Some Data for World Population 278 282 History of World Population and Demographic Transition Causes of Population Growth Population Policy Other Issues in Population and Development Concepts in this Chapter 284 285 292 297 298 Review Questions: Population and Development References 298 299 Labor and Migration 301 3Q1 304 Labor and Employment Rural-Urban Migration 13 Extensions of the Model and EmpiricalResults Impacts of Migration Conclusion Concepts in this Chapter Review Questions: Labor and Migration References 311 3^g 322 Financial Services for the Poor The Generic Lender Problem 326 326 Commercial Banks Local Moneylenders, or "Usurers" Local Sources of Credit Based on Interlinkages in Value Chains Informal Institutions: ROSCAs Village Banks and Self-Help Groups The Microfinance Revolution: Group Lending
Յշ8 328 329 33O 33^ 332 322 323 323
I ¡x CONTENTS 14 15 MFIs with Individual Loans: Proximity Lending 334 Other Issues in Microfinance Lending 335 Impact Evaluations on Microfinance Lending 337 Increasing Savings: Offering Saving Opportunities and incentives Can the Poor Be Insured? The Promise of Index-Based Weather Insurance 338 340 Mobile Money and Digital Credit 346 Conclusions on MFIs: How Useful are they for Poverty Reduction? 347 Concepts in this Chapter 348 Review Questions: Financial Services for the Poor 349 References 350 Social Programs and Targeting 353 Determinants of Income and Paths out of Poverty 353 A Typology of Social Programs 354 The Targeting of Social Programs: Benefits and Costs 357 Errors in Targeting: Exclusion (Type I) and Inclusion (Type II) Errors 358 Targeting Methods Quality of Targeting 360 366 Other Issues in Implementation of Transfers 367 Using Social Safety Net Programs for Efficiency Gains and Growth 371 Impact Evaluation of Social Programs: Some Examples 372 The Debate over Cash Transfers vs. Development Programs for Poverty Reduction 374 Concepts in this Chapter 375 Review Questions: Social Programs and Targeting 375 References 376 Sustainable Development and the Environment 379 Links between Development, Resource Conservation, and Environmental Sustainability 16 379 Negative Externalities 381 Incomplete Property Rights 388 Public Goods Discounting: Private vs. Social, and Exponential vs. Hyperbolic 390 391 The Sustainability Objective 393 Dilemmas in the Environment-Development Relation 394 Introducing New Markets: Payments for Environmental Services 396 Concepts in
this Chapter Review Questions: Sustainable Development and the Environment 399 399 References 400 Common Property Resources and Determinants of Cooperation 402 Why Are There Common Property Resources? 402 Economics of CPR Use 404 Grounds for Pessimism about Cooperative Behavior 405 Cooperative Outcomes in Non-Cooperative Games 406 Determinants of Cooperation and Collective Action Why Secure Property Rights Over Land Matter for Economic Development 410 415 Concepts in this Chapter 416
CONTENTS Review Questions: Common Property Resources and Determinants of Cooperation 416 References 17 Human Capital: Education and Health ^® Why Are Education and Health Important for Development? Indicators and Status of Education Education and Growth What Determines the Levels of Schooling? Estimating the Return to Education Policy Issue: Conditional Cash Transfers Indicators and Status of Health What Determines Health Achievements? Impact of Health on Development Outcomes Issues in Health Policies: The Debate Around Subsidies Concepts in this Chapter Review Questions: Human Capital—Education and Health References 419 420 423 423 429 430 432 435 439 441 442 443 443 18 Agriculture for Development Agriculture for Development The State of World Agriculture Determinants of Agricultural Growth Food Security in Developing Countries The Political Economy of Agriculture for Development Concepts in this Chapter Review Questions: Agriculture for Development References 448 448 454 459 470 473 473 474 474 19 Development Aid and Its Effectiveness Overview Aid in a Historical Perspective The Evolution of Foreign Aid Fungibility of Foreign Aid Aid Effectiveness from a Macro Perspective Evaluating the Impact of Foreign Aid from a Micro Perspective The Practice of Foreign Aid Aid Strategies for Greater Effectiveness: What Can Be Done? The Debate on Foreign Aid Conclusion: Toward a New Aid Architecture Concepts in this Chapter Review Questions: Development Aid and Its Effectiveness References 477 477 478 481 483 483 486 487 491 494 496 499 500 500 20 Institutional Innovations and
Development Institutions and Development Assumptions Underlying New Institutional Economics Market Failures Induced by Transaction Costs Institutional Responses to Market Failures 503 503 504 505
I xi CONTENTS Mechanisms of Institutional Change 508 Examples of Institutional Innovations that Help Reduce Transaction Costs and/or Compensate for Market Failures 21 Index Concepts in this Chapter 510 515 Review Questions: Institutional Innovations and Development References 515 515 Political Economy and the Role of the State 518 Introduction Theories of the State 518 519 The Functionalist State 519 The Pluralist State: Public Choice 524 Economics of Public Authority: Rent-Seeking, Political Influence, and Corruption 534 Strategies to Limit Rent-Seeking Concepts in this Chapter 537 541 Review Questions: Political Economy and the Role oftheState 542 References 543 546 |
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| owner | DE-739 DE-N2 DE-29 DE-473 DE-BY-UBG |
| owner_facet | DE-739 DE-N2 DE-29 DE-473 DE-BY-UBG |
| physical | xxiv, 548 Seiten Illustrationen 25 cm |
| publishDate | 2021 |
| publishDateSearch | 2021 |
| publishDateSort | 2021 |
| publisher | Routledge |
| record_format | marc |
| spelling | De Janvry, Alain 1939- Verfasser (DE-588)170032477 aut Development economics theory and practice Alain de Janvry and Elisabeth Sadoulet Second edition New York ; London Routledge [2021] © 2021 xxiv, 548 Seiten Illustrationen 25 cm txt rdacontent n rdamedia nc rdacarrier Entwicklungstheorie (DE-588)4121207-1 gnd rswk-swf Wirtschaftsentwicklung (DE-588)4066438-7 gnd rswk-swf Development economics Economic development Developing countries / Economic policy Developing countries / Social policy (DE-588)4123623-3 Lehrbuch gnd-content Entwicklungstheorie (DE-588)4121207-1 s Wirtschaftsentwicklung (DE-588)4066438-7 s DE-604 Sadoulet, Elisabeth 1945- Verfasser (DE-588)123520371 aut Digitalisierung UB Bamberg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=032875798&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | De Janvry, Alain 1939- Sadoulet, Elisabeth 1945- Development economics theory and practice Entwicklungstheorie (DE-588)4121207-1 gnd Wirtschaftsentwicklung (DE-588)4066438-7 gnd |
| subject_GND | (DE-588)4121207-1 (DE-588)4066438-7 (DE-588)4123623-3 |
| title | Development economics theory and practice |
| title_auth | Development economics theory and practice |
| title_exact_search | Development economics theory and practice |
| title_exact_search_txtP | Development economics theory and practice |
| title_full | Development economics theory and practice Alain de Janvry and Elisabeth Sadoulet |
| title_fullStr | Development economics theory and practice Alain de Janvry and Elisabeth Sadoulet |
| title_full_unstemmed | Development economics theory and practice Alain de Janvry and Elisabeth Sadoulet |
| title_short | Development economics |
| title_sort | development economics theory and practice |
| title_sub | theory and practice |
| topic | Entwicklungstheorie (DE-588)4121207-1 gnd Wirtschaftsentwicklung (DE-588)4066438-7 gnd |
| topic_facet | Entwicklungstheorie Wirtschaftsentwicklung Lehrbuch |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=032875798&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT dejanvryalain developmenteconomicstheoryandpractice AT sadouletelisabeth developmenteconomicstheoryandpractice |