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Agricultural productivity in 41 Sub-Saharan Africa (SSA) countries from 1960 to 1999 is examined by estimating a semi-nonparametric Fourier production frontier. Over the four decades the estimated rate of productivity change was 0.83% per year, although the average rate from 1985-99 was a strong...
Persistent link: https://www.econbiz.de/10005407719
recipient's level of income or quality of institutions and policies; we find that short-impact aid causes growth, on average … with stronger institutions or longer life expectancies (better health). We also find a significant negative relationship …
Persistent link: https://www.econbiz.de/10005408143
Economic policies and, particularly, fiscal policies are not designed and implemented in an “empty space”: the structural characteristics of the economic systems, the institutional architecture of societies, the cultural paradigm and the power relations between different social groups,...
Persistent link: https://www.econbiz.de/10005408434
Luego de examinar el marco teórico y conceptual de la teoría del crecimiento y del comercio internacional, se mide la eficacia de la apertura comercial impulsada por el TLCAN para fomentar el intercambio comercial. Asimismo, se evalúan los efectos de éste en el crecimiento económico de los...
Persistent link: https://www.econbiz.de/10005413001
De juridische bescherming van banken en aandeelhouders beïnvloedt de omvang en kwaliteit van het financiële systeem en daarmee de economische groei. Gebrekkige (juridische) instituties in transitie-economieën kunnen de economische ontwikkeling van deze landen dan ook afremmen. Zo dragen...
Persistent link: https://www.econbiz.de/10005413152
A growing body of theoretical and empirical work identifies the ability of a country's institutions to protect private … development. We add to this literature by analyzing the impact of institutions on financial development using data on the … the same formal institutional framework in the U.S., immigrants bring with them varied experiences with institutions in …
Persistent link: https://www.econbiz.de/10004977915
countries, as suggested by recent studies on the supremacy of institutions. Our empirical results show that the supremacy of … institutions does not hold. SSA countries appear to face very specific development problems. Given their geographic and economic … empirical evidence that appears to imply the supremacy of institutions. …
Persistent link: https://www.econbiz.de/10010886842
institutions and the institutional setting. For the polar cases of liberal economies and Scandinavian coordinated market economies …
Persistent link: https://www.econbiz.de/10010886882
Persistent link: https://www.econbiz.de/10005090856
I reconsider the primacy of institutions over geography as an explanatory factor of cross-country differences in … specifications and samples. Unbiased estimates of the relative performance effects of institutions and malaria prevalence are … difficult to obtain due to a lack of independent instrumental variables. Conditional on a restricted effect of institutions, my …
Persistent link: https://www.econbiz.de/10005076113