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Diversity, institutions and economic...

Santacreu Vasut, Estefania.

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Diversity, institutions and economic outcomes.

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Diversity, institutions and economic outcomes./
Author:	Santacreu Vasut, Estefania.
Description:	85 p.
Notes:	Source: Dissertation Abstracts International, Volume: 71-09, Section: A, page: 3358.
Contained By:	Dissertation Abstracts International71-09A.
Subject:	Economics, General. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3413480
ISBN:	9781124141787

Diversity, institutions and economic outcomes.
Santacreu Vasut, Estefania.

Diversity, institutions and economic outcomes. - 85 p.

Source: Dissertation Abstracts International, Volume: 71-09, Section: A, page: 3358.

Thesis (Ph.D.)--University of California, Berkeley, 2010.

Why may social diversity be bad for growth? In this thesis, I argue that diversity affects the extent of information asymmetries that determine the design of contracts and institutions. Because information asymmetries generate information rents, these contracts and institutions foster lower economic growth and persist over time. I proceed as follows: First, I model the impact of workforce diversity on the design of contracts and the shape of the firm. I find that diversity decreases the incentives given in principal-agent interactions and multiplies the number of layers bureaucracies need. Furthermore, the relation between diversity and productivity is institution dependent. Second, I compare the spread of industrialization in Japan and British India; and I provide new evidence of the organization, managerial beliefs, and workforce diversity of the three biggest textile centers in Bombay province. I find that workforce diversity was pervasive in British India, but not in Japan, allowing the latter but not the former to introduce organizational improvements and develop. In British India, centers with higher workforce diversity had more supervisors per worker and their managers were the most likely to believe that their workers were lazy.

ISBN: 9781124141787Subjects--Topical Terms:

1017424
Economics, General.

Diversity, institutions and economic outcomes.
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100 1 $a Santacreu Vasut, Estefania. $3 1673779
245 1 0 $a Diversity, institutions and economic outcomes.
300 $a 85 p.
500 $a Source: Dissertation Abstracts International, Volume: 71-09, Section: A, page: 3358.
500 $a Adviser: J. Bradford DeLong.
502 $a Thesis (Ph.D.)--University of California, Berkeley, 2010.
520 $a Why may social diversity be bad for growth? In this thesis, I argue that diversity affects the extent of information asymmetries that determine the design of contracts and institutions. Because information asymmetries generate information rents, these contracts and institutions foster lower economic growth and persist over time. I proceed as follows: First, I model the impact of workforce diversity on the design of contracts and the shape of the firm. I find that diversity decreases the incentives given in principal-agent interactions and multiplies the number of layers bureaucracies need. Furthermore, the relation between diversity and productivity is institution dependent. Second, I compare the spread of industrialization in Japan and British India; and I provide new evidence of the organization, managerial beliefs, and workforce diversity of the three biggest textile centers in Bombay province. I find that workforce diversity was pervasive in British India, but not in Japan, allowing the latter but not the former to introduce organizational improvements and develop. In British India, centers with higher workforce diversity had more supervisors per worker and their managers were the most likely to believe that their workers were lazy.
590 $a School code: 0028.
650 4 $a Economics, General. $3 1017424
650 4 $a Economics, Commerce-Business. $3 626649
650 4 $a Economics, History. $3 1017418
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690 $a 0505
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710 2 $a University of California, Berkeley. $b Economics. $3 1673006
773 0 $t Dissertation Abstracts International $g 71-09A.
790 1 0 $a DeLong, J. Bradford, $e advisor
790 1 0 $a DeLong, J.Bradford $e committee member
790 1 0 $a Eichengreen, Barry $e committee member
790 1 0 $a Hermalin, Benjamin E. $e committee member
790 1 0 $a Cohen, Stephen S. $e committee member
790 $a 0028
791 $a Ph.D.
792 $a 2010
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3413480