Econ 842 Fall 2021
Contents
Econ 842 Fall 2021#
Syllabus and Materials#
Syllabus: DevII Fall 2021
DevII-fall21: (private) github repository for sharing class materials and discussion.
Slides: Through 9/30. See below at the top of each new topic for links to relevant notebooks and other materials.
Topics, Readings, and Slides#
Introductions#
Notebooks: Lucas90
* Allen, R.C., 2011. Global economic history: a very short introduction. Oxford University Press. Chs 1-4.
* de Janvry, Alain, and Elisabeth Sadoulet. 2015. “History of thought in development economics,” chapter 3 in Development Economics: Theory and Practice. Routledge.
* Lucas, Robert E. “Why Doesn’t Capital Flow from Rich to Poor Countries?” American Economic Review (1990): 92-96.
Theoretical frames and empirical puzzles#
Notebooks: Vollrath, EdgeworthProduction
* Banerjee, A.V., Duflo, E., 2005. Chapter 7 “Growth Theory through the Lens of Development Economics”, in: Aghion, P., Durlauf, S.N. (Eds.), Handbook of Economic Growth. Elsevier, pp. 473–552.
* Gollin, Douglas, David Lagakos, and Michael E. Waugh. 2013. “The Agricultural Productivity Gap.” The Quarterly Journal of Economics 129 (2): 939–993. (link)
* Vollrath, Dietrich. “How Important Are Dual Economy Effects for Aggregate Productivity?” Journal of development economics 88, no. 2 (2009): 325-34.
Structural transformation#
Notebooks: Specific Factors, Structural Transformation, Harris-Todaro
* Matsuyama, K., 2008. Structural change. The new Palgrave dictionary of economics 2. [link]
* Gollin, Douglas, Stephen Parente, and Richard Rogerson. “The Role of Agriculture in Development.” American Economic Review (2002): 160-64. [link]
* Galor, Oded, and Omer Moav. 2006. “Das Human-Kapital: A Theory of the Demise of the Class Structure.” Review of Economic Studies 73 (1): 85–117. [link]
Matsuyama, K., 1992. Agricultural productivity, comparative advantage, and economic growth. Journal of economic theory 58, 317–334. [link]
J.R. Harris and M.P. Todaro, “Migration, unemployment and development: a two-sector model.” American Economic Review, March 1970, 60:1, 126-142.
Alvarez-Cuadrado, F., Poschke, M., 2011. Structural change out of agriculture: Labor push versus labor pull. American Economic Journal: Macroeconomics 3, 127–58.
Lewis, W Arthur. “Unlimited Supplies of Labour.” Manchester School (1954).
Institutions, Property Rights and Production Organization#
Notebooks: Coase, Farm Household Models
* North, Douglass. 1990. “An Introduction…” chapter 1 in Institutions, Institutional Change, and Economic Performance. Cambridge; New York: Cambridge University Press. [link]
* Binswanger, H.P., K. Deininger, and G. Feder. “Power, Distortions, Revolt and Reform in Agricultural Land Relations.” Handbook of development economics 3 (1995): 2659-2772. [link] (read to p2682)
Acemoglu, Daron, Simon Johnson, and James A. Robinson. 2005. “Institutions as a Fundamental Cause of Long-Run Growth.” Handbook of Economic Growth 1: 385–472. (read only sections 1 to 7.1, pp 387-441).
Bardhan, Pranab. 1989. “Alternative Approaches to the Theory of Institutions in Economic Development.” chapter 1 in The Economic Theory of Agrarian Institutions. OUP (link)
Acemoglu, D., 2003. Why not a political Coase theorem? Social conflict, commitment, and politics. Journal of comparative economics 31, 620–652. Alesina, A., Rodrik, D., 1994. Distributive Politics and Economic Growth. QJE 109, 465–490.
Persistence#
Notebooks: RD designs, Dell Mita study. Problem Set: Farm Household Models
* Dell, Melissa 2010. “The Persistent Effects of Peru’s Mining Mita.” Econometrica 78, no. 6 1863-903 [link]
* Nunn, Nathan. 2008. “The Long-Term Effects of Africa’s Slave Trades.” The Quarterly Journal of Economics 123 (1): 139–176 [link]
Voth, H.-J., 2021. Persistence–myth and mystery, The Handbook of Historical Economics. Elsevier, pp. 243–267.
Bubb, Ryan. 2013. “The Evolution of Property Rights: State Law or Informal Norms?” The Journal of Law & Economics 56 (3): 555–94.
Nunn, N., Qian, N., 2011. The potato’s contribution to population and urbanization: evidence from a historical experiment. The Quarterly Journal of Economics 126, 593–650.
Abad, Leticia Arroyo, and Noel Maurer. 2019. “The Long Shadow of History? The Impact of Colonial Labor Institutions on Economic Development in Peru.” manuscript, LINK
Property Rights and their Transformation#
Notebooks: Enclosure model (external site). Slides: intro, enclosure model
* Baker, M.J. and Jonathan Conning (2021) A Model of Enclosures: Efficiency, Coordination, and Conflict in the Transformation of Land Ownership, manuscript.
* Goldstein, M., Udry, C., 2008. The Profits of Power: Land Rights and Agricultural Investment in Ghana. Journal of Political Economy 116, 981–1022.
Holden, Stein, Keijiro Otsuka, and Klaus Deininger. 2013. “Issues and Theoretical Framework,” Chapter 1 in Land Tenure Reform in Asia and Africa: Assessing Impacts on Poverty and Natural Resource Management. Springer. Read only pages 3-19.
Chen, C., 2017. Untitled Land, Occupational Choice, and Agricultural Productivity. American Economic Journal: Macroeconomics 9, 91–121.
De Janvry, A, K. Emerick, MG Gonzalez-Navarro, and E Sadoulet. 2015. “Delinking Land Rights from Land Use: Certification and Migration in Mexico.” The American Economic Review 105 (10): 3125–3149.
Platteau, J.-P., 1996. The evolutionary theory of land rights as applied to sub-Saharan Africa: a critical assessment. Development and change 27, 29–86.
Allen, R.C., 1992. “Introduction: Agrarian Fundamentalism and English Agricultural Development,” Chapter 1 in Enclosure and the yeoman: the agricultural development of the South Midlands 1450-1850. Oxford University Press. link
de Meza, D., and J.R. Gould. “The Social Efficiency of Private Decisions to Enforce Property Rights.” Journal of Political Economy 100 (1992): 561-80.
Weitzman, M.L., 1974. Free access vs private ownership as alternative systems for managing common property. Journal of Economic Theory 8, 225–234.
Misallocation Studies#
slides on Misallocation enclosure model
HK reaction paper by Swapnil and Victor
* Hsieh, C.-T., Klenow, P.J., 2009. Misallocation and Manufacturing TFP in China and India. Quarterly Journal of Economics 124, 1403–1448. link
We will also finish:
* Baker, M.J. and Jonathan Conning (2021) A Model of Enclosures: Efficiency, Coordination, and Conflict in the Transformation of Land Ownership, manuscript.
* Goldstein, M., Udry, C., 2008. The Profits of Power: Land Rights and Agricultural Investment in Ghana. Journal of Political Economy 116, 981–1022.
Financial contracting and intermediation, and household coping strategies#
* Conning, J., Udry, C., 2007. Rural Financial Markets in Developing Countries, in Evenson, R.E., et al (eds.), Handbook of Agricultural Economics, Vol. 3, Elsevier, North-Holland, pp. 2857–2908. [link]
* Banerjee, A, E. Duflo, R. Glennerster, and C. Kinnan (2015) The Miracle of Microfinance? Evidence from a Randomized Evaluation, American Economic Journal: Applied Economics, 7(1), pp. 22-53 [link], [data]
Incentives and Decentralization#
* Faguet, J.-P., (2014). “Decentralization and governance.” World Development 53, 2–13.
* Mansuri, G., Rao, V., 2004. Community-based and-driven development: A critical review. The World Bank Research Observer 19, 1–39.
- Bardhan, P., 2002. Decentralization of governance and development. Journal of Economic Perspectives 16, 185–205.
- Conning, J., Kevane, M., 2002. Community-based targeting mechanisms for social safety nets: A critical review. World development 30, 375–394.
Targeting, Capture, and Corruption#
* Galasso, E., Ravallion, M., 2005. Decentralized targeting of an antipoverty program. Journal of Public Economics 89, 705–727.
* Olken, Ben. (2007). “Monitoring Corruption: Evidence from a Field Experiment in Indonesia”, Journal of Political Economy, 115(2), 200-249.
* Pande, R., Olken, B., 2012. Corruption in Developing Countries. Annual Review of Economics 4, 479–509
- Bardhan, P.K., Mookherjee, D., 2000. Capture and governance at local and national levels. American economic review 90, 135–139.
Intrahousehold Resource Allocations (11/11)#
* Chiappori, P.-A., Mazzocco, M., 2017. Static and Intertemporal Household Decisions. Journal of Economic Literature 55, 985–1045. (focus on static models section)
* Strauss, J., Mwabu, G., Beegle, K., 2000. Intrahousehold allocations: a review of theories and empirical evidence. Journal of African Economies 9, 83–143. (link)
* Thomas, Duncan (1990), “Intra-household resource allocation: An Inferential Approach,” Journal of Human Resources 25: 635-664. [old but classic]
Haddad, L., Hoddinott, J., Alderman, H., 1997. _Intrahousehold resource allocation in developing countries: Models, Methods and Policies. John Hopkins University Press and International Food Policy Research Institute. (link) [optional additional reference]
Health, Nutrition, Gender and Empowerment (11/18)#
* Chattopadhyay, Raghabendra, and Esther Duflo. 2004. “Women as Policy Makers: Evidence from a Randomized Policy Experiment in India.” Econometrica 72 (5): 1409–43. [link]
* Deaton, Angus, and Jean Drèze. 2009. “Food and Nutrition in India: Facts and Interpretations.” Economic and Political Weekly, 42–65. [link]
* Jayachandran, S., Pande, R., 2017. Why are Indian children so short? The role of birth order and son preference. American Economic Review 107, 2600–2629. [link]
(optional) Aiyar, Anaka, and Joseph R. Cummins. 2021. “An Age Profile Perspective on Two Puzzles in Global Child Health: The Indian Enigma & Economic Growth.” Journal of Development Economics 148