Master Course: Advanced Development Economics
November 2011-January 2012
I. Introduction
8/11 8-11
Lecture 1: Introduction and Development Challenges (3 hours)
AB
Chen, S., Ravallion, M. (2008), “The developing world is poorer than we thought, but no
less successful in the fight against poverty”, World Bank Policy Research Working Paper
no 4703, Washington DC.
Corden C.M., Findlay R., (1975), "Urban Unemployment, Intersectoral Capital Mobility
and Development Policy", Economica 42: 56-78.
Johnson, S., Ostry J.D. and Subramanian, A. (2007), The Prospect for Sustained Growth
in Africa: Benchmarking the Constraints, NBER Working Paper no 13120, Cambridge,
MA.
II. Growth issues
10/11 8-11
Lecture 2: Growth in Developing Economies REVISED
DD
Bloom. David and Jeffrey Williamson (1998) “Demographic Transitions and Economic
Miracles in Emerging Asia”. CAER Discussion Paper No. 40 and World Bank Economic
Review, 12 (3), 419-455.
Mankiw, N. G., Romer, D. and Weil, D. N. (1992). A contribution to the empirics of
economic growth. Quarterly Journal of Economics, 407-437.
Hausmann, Ricardo Klinger, Bailey Wagner, Rodrigo (2008) Doing Growth Diagnostics
in Practice: A ‘Mindbook’ CID Working Paper No. 177 September 2008
Williamson, J. (2009) Short History of the Washington Consensus, Law & Bus. Rev. Am.
15(7).
15/11 8-11
Lecture 3: Growth in Developing Economies (continued)
See lecture 1
DD
17/11 8-10
Lecture 4: Aid and Development
AB
Clemens, M., Radelet, S., Bhavnani, R. (2004), ”Counting chickens when they hatch: The
short-term effect of aid on growth”, Working Paper no 44, Center for Global
Development, Washington DC.
Arndt, Channing Jones, Sam and Finn Tarp (2009) “Aid and Growth: Have We Come
Full Circle?” Discussion Paper No. 09-22, Department of Economics, University of
Copenhagen.
18/11 8-10
Lecture 5: Institutions and Development
HCF
Acemoglu, D., S. Johnson, and J. Robinson (2004) “Institutions as the fundamental cause
of long-run growth” NBER Working Paper 10481, NBER.
III. Micro issues
29/11 8-10
Lecture 6: Education
MN
Robert Jensen: “The (Perceived) Returns to Education and the Demand for Schooling”
(2010). Quarterly Journal of Economics, 125 (2) May 2010: 515-548.
Esther Duflo, Pascaline Dupas, and Michael Kremer – choose any of the two versions
below. (The working paper is more elaborate and easier to understand, the published AER
article is the final version but is more technically difficult.)
“Peer Effects, Teacher Incentives, and the Impact of Tracking: Evidence from a
Randomized Evaluation in Kenya” (2011). American Economic Review, No. 101 (August
2011): 1739–1774.
or
“Peer Effects, Pupil-Teacher Ratios, and Teacher Incentives: Evidence from a
Randomized Evaluation in Kenya” (2007). Working paper version of the AER paper
above.
1/12 8-11
Lab 1: Exercise on health and education (3 hours)
ST and ES
2/12 14-16
Lecture 7: Property Rights and Household Behaviour
ASI
Besley, T. (1995) “Property rights and incentives: Theory and evidence from Ghana”,
Journal of Political Economy, 103(5), pp. 903-937.
Besley, T. and M. Ghatak (2009) “Property rights and economic development”, Centre
for Economic Policy Research Discussion Paper Series, no. 7243, Section 2.4.
Field, E. (2005) “Property rights and investment in urban slums”, Journal of the
European Economic Association, 3(2-3), pp. 279-290.
IV. Agricultural and Industrial Development
6/12 8-10
Lecture 8: Agriculture and Development
ST
Bandeira P. and J. M. Sumpsi, 2009, “Access to Land, Rural Development and Public
Action: The When and the How" Development Policy Review. 27 (1): 33-49.
Bigsten, A. and S. Tengstam, 2011, “Smallholder diversification and income growth in
Zambia”, forthcoming in Journal of African Economies
Duflo E., M. Kremer and J. Robinson, 2010, “Why don’t farmers use fertilizers:
Evidence from field experiments in western Kenya”, Working paper
Dorward A., J. Kydd, J. Morrison and I. Urey, 2004, “A policy agenda for pro-poor
agricultural growth”, World Development, 32 (1): 73-89
Seminars
8/12 8-11
Seminar 1: Aid and Development Policy
AB, DD
Student presentations of contrasting views on aid and development
Collier, P. (2007), The Bottom Billion, Oxford University Press, Oxford.
Easterly, W. (2006) The White Man’s Burden: Why the West’s Efforts to Aid the Rest
Have Done so Much Ill and so Little Good, Penguin, New York.
13/12 8-11
Seminar 2: Aid and Development Policy (continued)
AB, DD
See above
16/9 14-17
Lecture 9: Health
AL
Bleakly, H. (2010) “Health, Human Capital and Development”, draft for Annual
Economic Review, University of Chicago
Voluntary reading: Alderman et al. (2006), “Long term consequences of early childhood
malnutrition” Oxford Economic Papers, vol. 58, 450-474
20/12 8-10
Lecture 10: Business Environment and Firm Performance (2 hours)
MS
Bigsten, A., Söderbom, M. (2006), "What Have We Learned from a Decade of
Manufacturing Enterprise Surveys in Africa?",World Bank Research Observer, 21(2):
241-65.
Dollar, David, Mary Hallward-Driemeier and Taye Mengistae (2005). “Investment
Climate and Firm Performance in Developing Countries,” Economic Development and
Cultural Change vol. 54, No 1.
Page, John (2010). “Should Africa Industrialize?” mimeo. The Brookings Institution.
Available at
http://www.hgu.gu.se/Files/nationalekonomi/Sem/100517%20Page.pdf
22/12 8-10
Lecture 11: Credit & Micro Finance (2 hours)
MS
Banerjee, Abhijit, Esther Duflo, Rachel Glennerster and Cynthia Kinnan (2009). “The
miracle of microfinance? Evidence from a randomized evaluation,” mimeo. MIT.
Available at http://econ-www.mit.edu/files/4161
Cull, Robert, Asli Demirguc-Kunt & Jonathan Morduch (2009). ”Microfinance meets the
market,” Journal of Economic Perspectives 23(1), 167-192
Beck, Thorsten, Asli Demirguc-Kunt, and Patrick Honohan (2009). “Access to Financial
Services: Measurement, Impact, and Policies,” World Bank Research Observer 24(1),
119-145.
12/1 8-11
Lab 2: Computer Exercise on Firm Performance (3 hours)
Reading TBA.
17/1 13.30-16.30
Written exam
Teachers
AB
ASI
DD
ES
HCF
AL
MN
MS
ST
Arne Bigsten
Ann-Sofi Isaksson
Dick Durevall
Eyerusalem Siba
Heather Congdon-Fors
Annika Lindskog
Måns Nerman
Måns Söderbom
Sven Tengstam
ST + ?