Advanced Search
MyIDEAS: Login

Distinguished Lecture on Economics in Government: Big Bills Left on the Sidewalk: Why Some Nations Are Rich, and Others Poor

Contents:

Author Info

  • Mancur Olson
Registered author(s):

    Abstract

    Some research presumes that, when rational parties bargain, nothing is left on the table, so that social outcomes are efficient and leave countries on the frontiers of their aggregate production functions. A study of differences in per capita incomes across countries shows that this cannot be the case. Countries' endowments of natural and human resources do not explain any significant part of the variation in incomes and the mobility of capital assures that it is impartially available to all countries. National differences in the quality of policies and institutions across countries mainly account for differences in per capita incomes.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.aeaweb.org/articles.php?doi=10.1257/jep.10.2.3
    Download Restriction: no

    Bibliographic Info

    Article provided by American Economic Association in its journal Journal of Economic Perspectives.

    Volume (Year): 10 (1996)
    Issue (Month): 2 (Spring)
    Pages: 3-24

    as in new window
    Handle: RePEc:aea:jecper:v:10:y:1996:i:2:p:3-24

    Note: DOI: 10.1257/jep.10.2.3
    Contact details of provider:
    Email:
    Web page: http://www.aeaweb.org/jep/
    More information through EDIRC

    Order Information:
    Web: http://www.aeaweb.org/subscribe.html

    Related research

    Keywords:

    Find related papers by JEL classification:

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. George J. Borjas, 1988. "Self-Selection and the Earnings of Immigrants," NBER Working Papers 2248, National Bureau of Economic Research, Inc.
    2. Barro, Robert J, 1991. "Economic Growth in a Cross Section of Countries," The Quarterly Journal of Economics, MIT Press, vol. 106(2), pages 407-43, May.
    3. George J. Stigler, 1971. "The Theory of Economic Regulation," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 3-21, Spring.
    4. Becker, Gary S, 1983. "A Theory of Competition among Pressure Groups for Political Influence," The Quarterly Journal of Economics, MIT Press, vol. 98(3), pages 371-400, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Volchik Vyacheslav, 2011. "Facilities Of Original Institutional Economics In Research Of Institutional Changes," Вопросы регулирования экономики, CyberLeninka & Общество с ограниченной ответственностью «Гуманитарные перспективы», vol. 2(3), pages 24-38.
    2. Alejandro Diaz Bautista & Mauro Diaz Dominguez, 2004. "Capital Humano y Crecimiento Económico en México (1970-2000). Human Capital and Economic Growth in Mexico," Urban/Regional 0405008, EconWPA.
    3. Hugh-Jones, David, 2010. "Interstate Competition and Political Stability," CAGE Online Working Paper Series 26, Competitive Advantage in the Global Economy (CAGE).
    4. Lee Lane & W. Montgomery, 2014. "An institutional critique of new climate scenarios," Climatic Change, Springer, vol. 122(3), pages 447-458, February.
    5. Groot, H.L.F. de & Schaik, A.B.T.M. van, 1997. "Unemployment and catching up: Europe vis à vis the USA," Open Access publications from Tilburg University urn:nbn:nl:ui:12-73836, Tilburg University.
    6. Huw Lloyd-Ellis & Nicolas Marceau, 1998. "Getting Over the Hump: A Theory of Crime, Credit and Accumulation," Cahiers de recherche CREFE / CREFE Working Papers 65, CREFE, Université du Québec à Montréal.
    7. Henrekson, Magnus, 2014. "Entrepreneurship, Innovation and Human Flourishing," Working Paper Series 999, Research Institute of Industrial Economics, revised 15 Jan 2014.
    8. Boettke, Peter, 2011. "An Anarchist's reflection on the political economy of everyday life," MPRA Paper 32374, University Library of Munich, Germany.
    9. Law, Siong Hook & Lim, Thong Cheen & Ismail, Normaz Wana, 2013. "Institutions and economic development: A Granger causality analysis of panel data evidence," Economic Systems, Elsevier, vol. 37(4), pages 610-624.
    10. MacKenzie, D.W., 2008. "The use of knowledge about society," Journal of Economic Behavior & Organization, Elsevier, vol. 67(3-4), pages 678-688, September.
    11. Christopher Ellis & John Fender, 2006. "Corruption and Transparency in a Growth Model," International Tax and Public Finance, Springer, vol. 13(2), pages 115-149, May.
    12. Petersen, Elizabeth H., 2002. "Economic Policy, Institutions And Fisheries Development In The Pacific," 2002 Annual meeting, July 28-31, Long Beach, CA 19606, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    13. Ram, Rati, 1997. "Tropics and economic development: An empirical investigation," World Development, Elsevier, vol. 25(9), pages 1443-1452, September.
    14. Ileana Tache & Gheorghita Dinca & Melinda Keul, 2008. "Fiscal policy making in the new EU post-communist countries," EKONOMIAZ, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, vol. 69(03), pages 80-107.
    15. Slangen, Louis H.G. & van Kooten, G. Cornelis & Suchanek, Pavel, 2002. "Institutions of sustainability in Central and Eastern European Countries," 2002 International Congress, August 28-31, 2002, Zaragoza, Spain 24797, European Association of Agricultural Economists.
    16. Huber, Claus & Wirl, Franz, 1998. "The Polluter Pays versus the Pollutee Pays Principle under Asymmetric Information," Journal of Environmental Economics and Management, Elsevier, vol. 35(1), pages 69-87, January.
    17. Alejandro Diaz-Bautista, 2005. "Regional Cluster Analysis in the Mexican Telecommunications Sector. Impact of Economies of Agglomeration, Clusters and networking in medium-sized Mexican Telecommunication firms," Urban/Regional 0511013, EconWPA.
    18. William Lazonick, 2010. "Entrepreneurial Ventures and the Developmental State: Lessons from the Advanced Economies," Working Papers id:3167, eSocialSciences.
    19. Bleischwitz, Raimund, 2003. "Governance of sustainable development: Towards synergies between corporate and political governance strategies," Wuppertal Papers 132, Wuppertal Institute for Climate, Environment and Energy.
    20. Andrzej P. Dabkowski, 2011. "Entrepreneurship and Economic Growth: An Investigation into the Relationship between Entrepreneurship and Total Factor Productivity Growth in the EU," CASE Network Studies and Analyses 427, CASE-Center for Social and Economic Research.

    Lists

    This item is featured on the following reading lists or Wikipedia pages:
    1. Economic Growth

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:aea:jecper:v:10:y:1996:i:2:p:3-24. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jane Voros) or (Michael P. Albert).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.