Download ECON 8784-001 Seminar in Economic Development

Seminar in Economic Development
Economics 8784 Fall l 996
University of Colorado at Boulder
Professor Barry W. Poulson
Required Text
T.N. Srinivasan and Hollis Chenery, Handbook of Economic Development volume l.
(For students who have not taken an undergraduate course in economic development it 1s
recommended that you read textbook chapters on each of these topics, e.g. Poulson, Economic
Development:Private and Public Choice)
Readings
Each assignment is divided into two parts. The first part of the ~ igrunent is required reading for all
members of the seminar. These readings are drawn mainly from the required text and provide an
overall swvey of the issue. The second part of the assignment involves journal articles that wtll be
assigned to individual members of the seminar. The student will be required to provide a one to two
page summary of the article to members of the seminar, and to make an oral presentation critically
evaluating the article. These journal articles explore controversial issues relating to the topic, involvmg
empirical as weJI as theoretical contributions.
1. Conceptual Issues
Required Reading
Srinivasan, 'Introduction', Handbook of Economic Development,
Sen, 'The Concept of Development', Handbook of Economic
1989.
Development, 1989.
Assigned Readings
A. National Income Accounting and Developing Countries
Special Issue of the Journal of Development Economics V.44 June 1994
Srinivasan, Introduction
Data base for development analysis
Heston, A brief review of some data problems in using national accounts
data in level of output comparaison and growth
Ahmad. Improving interspatial and intertemporal comparqbility of national
accounts
Ruggles, Issues relating to the U.N. system of national acounts and
developing countries
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8 Measuring Social Welfare in Developing Countries
Kakwani, Perfonnancc in Jiving standards: an international comparison, JOE v4 I
1993 307-336
Nissan, Measuring relative social progress among nations. JOE v 18 1993 143-161
Ram, Composite indices of physical quality of life, basic needs fulfillment and
income. JDE vi l 1982 227-247
Achatya and Wall, An evaluation of the United Nations development index, Journal
of Economic and Social Meaurement, v20 nol p51-65
Gonnely, The human development index. in 1994: impact of income on country
rank, Journal of Economic and Social Measurement v21 no4 1995 p253256
McGillivray, The human development index: yet another redundant composite
development indicator, Asian Journal of Economics and Social Studies, vi l
nol 1992 p72-8l
Ven.katsubramanian, The human development index., Asian Journal of Economics
and Social Studies vl 1 not 1992 p82-85
Lind, Some thoughts on the human development index, Social Indicators Research
v27 nol 1991 p89-10l
Ogwang, The choice of principle variables for computing the human development
index, World Development v22 nol2 1994 p201 l-2014
II Political Economy and Development
Required Reading
Bardhan. Alternative Approaches to Development Econorni~ Handbook of Economic Development
Assigned Readings
Cardenas, Stabilization and Redistribution of coffee revenues: a political economy model of
commodity marketing boards, JOE v44 1994 p3Sl -380
Pack, Productivity or Politics: the determinants of the Indonesian tariff structure, JDE v44
1994 p44 I -4 51
Sturzeneggcr, Fiscal conservatism as a response to the debt crises, JDE v4S 1994 pJOS-324
Barlcley and McMillan. Political freedom and the response to economic incentives and labor
migration in Africa 1972-1987, JOE v45 1994 p393-406
Basu. Civil institutions and evolution: connncepts, critique, and models, JDE v46 1995 pl9-
33
Ill Theoretical Approaches to Development
Required Readings
Lewis, The Roots of Development Theory. Handbook of Economic Development, 1989.
Ranis, · Analytics of Development: Dualism', Handbook of Economic Development, 1989.
Stightz. Economic Organiation. Information. and Development. Handbook of Economic
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Development, 1989.
Assigned Readings
Farhang and Nissan, Comparative analysis of dualistic growth, JED v t 6 no2 Dec 1991 p61 • 75
De Gregoria, Economic growth in Latin America, JOE v 39 no l July 1992 p59-85
Taylor, Gap Models, JOE v 45 1994 p)7.J4
i!-Income Distribution and Poverty
Required Reading
Adelman and Robinson, Income distribution and development, Handbook of Economic Development
Assigned Readings
A. Income Inequality
Anand andKanbur, The Kuznets process and the inequality-development
relationship, IDE v40 nol Febl993 p25-S3
Tsuklolow, Aspects of inequality in Greece: Measurement, Decomposition and
intertemporal change, JOE v40 no I Feb 1993 p53-75
Deghan, Income distribution overurbanization and economic development:
evidence from a cross national study, JED v20 no J Junc 1995 p 15-37
Chow and Riju. Gini coefficient, Lorenze Curves and Lorenze Dominance Effect
An application to Korean income distribution data, JED v 19 no2 Dec 1994
p 47.fJ7
Rati, Economic development and income inequality: funher evidence on the U
curve hypothesis, World Development vt6 nol l 1988 pl371-1376
Persson and Tabellini. Is inequality harmful for growth, American Economic
Review v84 no3 1994 p600-621 ·
Clarke, More evidence on income distribution and growth, JOE v47 no2 Aug 1995
p403-429
B. Poverty
Gauraw and Ravallion, Growth and redistribution components of change in poverty
measures: A decomposition with application to Brazil and India in the
1980s. JOE v 38, 1992 p275-295
fields, Data for measuring poverty and inequality changes in the developing
countries, JDE v44 nol June 1994 p87-103
Gleuwe, targeting assistance to the poor: Efficient allocation of transfers when
household income is not obsrved, JDE v 38 1992 p297-323
Grootaert, Structural change and poverty in Africa: decomposition analysis for Cote
d Ivoire, IDE v47 no2 Aug 1995 p375-403
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V. Population and Migration
Required Reading
Birdsall. Economic Approaches to Population Growth, Handbook of Economic Development 1989.
Williamson, Migration and Urbanization, Handbook of Economic Development 1989.
Mark Rosenzweig., '1..abor Markets in Low Income Countries: Distortions. Mobility, and M igration",
Handbook of Economic Development.
Assigned Readings
4.
Demographic Change
Chanse, Population data bases in development economics, JOE v44 no l June l 994 p 13 1226
Donaldson. Fertility patterns of the transition onset: Insights of the living standard model,
JED v 16 no2 dee 1991
Crimmins, Easterlin, Jejeebhoy, and Srinivasan, New perspectives on the demographic
transition: A theoretical and empirical analysis of an Indian state. 1951-1975,
Economic Development and Cultural Change v 32. 1984 p227-253
B.
Labor Markets
Ezeala-Ha.rrison, An Application of the Efficiency-Wage Hypothesis to the Modeling of LDC
Labor Problems, IDE June 1988.
Richards, The Egyptian labor market revisited, JOE v 43 no2 April 1994 p239-26J
Skoufias, Labor market opporn.mities and intrafamily time aJlocations in rural households in
South Asia. JDE v40 no2 April 1993 p277-3 l I
Shariff et at, Forward falling labor supply implications for wage rigidity unemployment and
plan failure, JED v20 not June 1995p91-113.
l. Migration and Urbanization
Gupta, Foreign capital, income inequality. and welfare in a Harris Todaro model, JOE v45
]994 p407-414
.
Vyerben and Zeager, Comparing earnings profiles in urban areas of an LOC: rural to urban
migrants versus native workers, JDE v45 1994 pl77-199
Vernon Henderson." Urbaniution in a Developing Country; City Size and Population
Composition", JDE July Aug 1986.
S. M.Ashan and A.G. Ali, "Income Taxation Migration and Work Incentives in a Dual
Economy Model" DE Mar 1985.
Ulack, "Ties to Origin Remittances and Mobility Evidence from Rural and Urban
Areas in the Philippines", JDA APR 1986.
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VI Human Capital
Required Reading
Schultz, Education Investments and Returns, Handbook of Economic Development. 1989.
Behrman and Deolalikar, Health and Nutrition, Handbook of Economic Development, 1989.
Assigned Reading
A. Education
Lundquist, Economic development: the case of a missing market for human capital, JDE v40
no2 April 1993 p219-24 l.
Nehru et al , A new data base on human capital stock in developing and industrial countries,
sources, methodology, and results, JOE v 46 1995 p379-401
Behnnan and Rosenzweig. Caveat emptor: cross country daqt on education and labor force,
IDE v 44 nol June 1994 pl47.l73
Cox and Jimong, The relative effectiveness of private and public schools: evidence from two
developing countries, IDE v34 t 99 l p99- l 21
B. Health
Thomas and Straus. prices infrastucture household characteristics and child height, JDE v 39
no2 Oct 1992 p30l-33:3
Sours and Haddad, Are estimates of the calorie income elasticities too high? A recalibration
of the plausible range
Cebu srudy team, A child health production function estimated from longitudinal data. JOE
38 no2 apr. 1992 p323-353
Barerra, The interactive effects of mothers schooling and unsupplemented breast feeeding on
child health. JOE v34 1991 p81-98
Barrera, The role of maternal schooling and its interaction with public health programs in child
health production, JDE v32 1990 p69-91
Thomas et al, Child survival, height for age and household clwacteristicsd in Brazil, JDE v33
1990 pl97-234
VIISavings, Financial lntennediation and Capital Formation
Required Readings
Marie Gersovitz "Savings and Capital Formation", in Handbook of Economic Development 1989.
Clive Bell, "Credit Markets and Interlinked Transactions," Handbook of Economic Development 1989
Assigned Readings
A. Savings
Hahn, Do Koreans save optimaUy, JOE v47 n02 Aug 1995 p429-443
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Corbo, et al. Public policies and savings in developing countries, JDE v36 no 1 J99 t p89- I 15
Aghevh et. Al, The rote of savings in the world economy:recent trends and prospects, IMF
Occasional Papers, no67 1990 Washington D.C.
M.J Fry "Savings Investment Growth and the cost of Financial Repression, WO Apr 1980.
A Giovanni, The Interest Elasticity of Savings in Developing Countries, WO July 1983.
Molha.. Interest Rates Savings and Investment in Developing Countries: A Reeumination of
the McKinnon Shaw Hypothesis, IMF Staff Papers Mar 1986.
Wijnbergen, Interest Rate Management in the LOCs JME Sept 1983.
Wijnbergen, Macroeconomic Effects of Changes in Bank Interest Rates Simulation Results
for South Korea. JDE Aug 1985.
AR. Roe, High Interest Rates: A New Conventional Wisdom for Development Policy. WD
Mar 1982.
Kapur, Inflation and Financial Deepening:Comment and Reply by Moore, IDE Oct 1989.
Cho, The Effect of Financial Liberaliution on the Efficiency of Credit Allocation: Some
evidence for Korea. JDE July 1988.
B Financial Intermediation
Ma and Smith. Credit market imperfections and economic development, theory and evidence,
JOE v 48 no2 p3S 1-389 .
Besley and Coate, Group lending. repayment incentives and social collateral, JDE v46 1995
pl-I 8
Jaen Yong Shinen,Financial factors 1n business fixed investment in Korea, JED. v 20 no I
Junel995 pl41 -153
Roubini and Martin, Financial repression and economic growth. JDE v 39 no 1 July 1992,
p5-31
Moriset, Does financial liberalization really jmprove . private investment in developing
countries. JOE v40 nol Feb 1993 133-151
Basant, Formal and infonnal financial markets and the neo structuralist critique of the
Financial liberalization strategy in less developed countries, JOE v38 1992 p63-77
Shrcsthon, lnstitutional credit as a catalyst for agricultural sector growth, evidence from
Nepal. JED vl7 no2 Dec 1992 pl37-l4S
Miller, Inflation, uncertainty, and the disappearance of financial markets: the Mexican
example. JED v 17 no 1 June 1992 p 131-153
Shafit, Modeling private investmnet in Egypt, JDE v39, no2. Oct 1992 p263-279
VUlStructural Change
Required Readings
Hollis Chenery, Introduction to Part 2. Handbook of Economic Development 1989.
Moshe Syrquin. Patterns of Structural Change, Ch. 7 in Handbook of Economic Development 1989.
Peter Timmer, The AgricultlD"81 Transformation. Ch. 8 in Handbook of Economic Development 1989.
Perkins and Syrquin, Large Countries: The Influence of Size, Handbook of Economic Development
1989.
.
Pack. lndustriali7.ation and Trade, Ch. 9, Handbook of Economic Development.
Westphal, Technological Change, Handbook of Economic Development 1989.
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Assigned readings
A Agriculture and Rural Development
Rozell and Boisvent. Control in a dynamic village economy the refonns and unbalanced
development in Chinas rural economy, IDE v46 1995 p233-252
Barban et. aJ., Agroexport production and peasant land access: Examining the dynamic
between adaptaion and accumulation. JOE v46 1995 pSS-107
Benjamin. Can unobserved land quality explain the invene productivity relationship, JOE v46
1995, p5 l-84
Sahu, A two season agricultural household model oof output and price uncertainty, JOE v45
1994 p245-269
Sadoulet, et. Al. Efficient share tenancy contracts under risk: the case of two rice growing
villages in Thailand. JDE v45 1994 p225-243
Bours, The effect of income on the demand for food in poor countries. Are our food
consumption databases giving us reliable estima~, IDE v44 no l June 94 p199-227
Evenson and Prag, Measuring food production with reference to South Asia, IDE v44 nol
June 94 pl33-199
Huang and Rozell, Technologial change: rediscovdering the engine of productivity change in
Chinas ruraJ economy, JDE v49 1996 ·p337-369
Skooufias, Risk and seasonality in an empirical model of the farm household, JED v 19 no2
Dec 94, p93- J 17
Ranios and Stewart, Rural nonagricultural activities in development theory and application,
JDE v40 not Feb 1993 p75-103
Gynnal·Brempong. RationaJity of the peasant farmer: response to changing policies, JED v18
not June 1993 pl87-209
Griever and Zeager, Agricultural price policy in a less developed economy with endogenous
urban wages, JED vl8 no1 June 1993 pl27-143
Sugiyanto and Yanagida. Supply response and price setting under Indonesian rice
intensification program. JED v18 no I June 1993
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Industry
Mcpherson, Growth of micro and small enterprises in southern Africa, JOE v48 no2 p253·279
Nugent, What explains the trend reversal in the size distribution of Korean manufacturing
establishments, JDE v48 no2 p22S-2S2
Pilat, Comparative productivity of Korean manufacturing 1967-1987. JOE v46 1995 pl23144
Fafchamps et al, Local demand investment multipliers and indUStrializ.ation: theory and
application to the Guatemalan highlands, JED v49 1996 p6 l-92
Bonelli, Growth and Productivity in Brazilian industry, JDE v39 1992 p85-l09
Lim. Industrial policy trade and productivity gains:South Korean evidence, JED v 18 no I June
1993 p53-81
Raut. Spillover and productivity growth. evidence fonn Indian private firms, JDE v48 nol CX't
1995 pl-25
(. . Services
Rask and Rask, The central role of services in economic development. Exteranlities growth
and public policy, JED vl9 no2 Dec 94 p139-159