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The Devil is in the Shadow – Do Institutions Affect Income and Productivity or only Official Income and Official Productivity?
Dreher, Axel; Méon, Pierre-Guillaume; Schneider, Friedrich - CESifo - 2007
This paper assesses the relationship between institutions, output, and productivity, when official output is corrected for the size of the shadow economy. Our results confirm the usual positive impact of institutional quality on official output and total factor productivity, and its negative...
Persistent link: https://www.econbiz.de/10005094186
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The Global Joint Distribution of Income and Health
Wu, Ximing; Savvides, Andreas; Stengos, Thanasis - CESifo - 2008
We investigate the evolution of global welfare in two dimensions: income per capita and life expectancy. First, we … estimate the marginal distributions of income and life expectancy separately. More importantly, in contrast to previous … univariate approaches, we consider income and life expectancy jointly and estimate their bivariate global distribution for 137 …
Persistent link: https://www.econbiz.de/10005196304