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The causes and consequences of corruption have attracted much attention in recent years by both academics and policy makers. Central in the discussion on the impact of corruption are perception-based indices. While informative, these indices are ordinal in nature and hence provide no indication...
Persistent link: https://www.econbiz.de/10005125948
Using panel regression for the period 1970-2000 the paper analyzes whether globalization has influenced the OECD … endogeneity of the regressors, the results show that globalization (measured by an index covering 23 variables) did not generally … decrease the leeway for independent economic policy. Globalization even increased implicit tax rates on capital (as calculated …
Persistent link: https://www.econbiz.de/10005076616
Using the KOF Index of Globalization and two indices of economic freedom, we empirically analyze whether globalization …-2004 period. According to our results, physical integrity rights significantly and robustly increase with globalization and …
Persistent link: https://www.econbiz.de/10008727302
According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure … globalization (“compensation hypothesis”). Employing two different datasets and various measures of globalization, we analyze … whether globalization has indeed influenced the composition of government expenditures. For a sample of 108 countries, we …
Persistent link: https://www.econbiz.de/10005766280
The paper presents an index of globalization covering its three main dimensions: economic integration, social … globalization as well as sub-indexes constructed to measure the single dimensions on economic growth are analyzed empirically. The … results show that globalization promotes growth - but not to an extent necessary to reduce poverty on a large scale. The …
Persistent link: https://www.econbiz.de/10005556005