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Much evidence suggests individuals differ in their predisposition to cooperate, which is essentially a component of human capital. This paper examines the role of individual cooperative tendencies and their interactions with institutions in generating social trust; it also endogenizes...
Persistent link: https://www.econbiz.de/10009363365
This paper establishes a simple model of long run economic and political development, which is driven by the inherent technical features of dierent production factors and the political con.icts among factor owners on how to divide the outputs. The main production factor in economy evolves from...
Persistent link: https://www.econbiz.de/10009365197
This paper establishes a simple model of long run economic and political development, which is driven by the inherent technical features of dierent production factors, and political conicts among factor owners on how to divide the outputs. The main capital form in economy evolves from land to...
Persistent link: https://www.econbiz.de/10009365249
remarkable economic success of the People’s Republic of China (PRC). But is such confidence warranted? Recent history has seen …
Persistent link: https://www.econbiz.de/10011134342
remarkable economic success of the People’s Republic of China (PRC). But is such confidence warranted? Recent history has seen …
Persistent link: https://www.econbiz.de/10011134375