Showing 1 - 10 of 41
level of human development and lower level of corruption, and thus provides a useful explanation of the Arab Spring and …
Persistent link: https://www.econbiz.de/10010956049
democratic political system. This is shown by using the Gastil democracy index from Freedom House. First, the basic pattern of … correlations reveals that a good deal of the short- to medium-run causality appears to be from democracy to income. Then a set of … extreme biogeographic instruments is used to demon¬strate that the long-run causality is from income to democracy. The long …
Persistent link: https://www.econbiz.de/10005566175
two views. Property rights do affect development as suggested by the PoI. However, democracy is mainly an effect of …
Persistent link: https://www.econbiz.de/10005566215
This study investigates the role of government activity in economic growth, arguing that economic systems are important and that, therefore, one size of government does not fit all countries. Taking a panel of 111 countries over the years from 1971 to 2010, we consider clusters of economic...
Persistent link: https://www.econbiz.de/10010886882
We argue that the literature on government size suffers from neglecting the role of governance both as a driving and a limiting factor for government spending. Cross-country evidence for a sample of 126 developed and developing countries averaging data for the period 2003-07 reveals that better...
Persistent link: https://www.econbiz.de/10009276632
In recent years, a lot of rules concerning government expenditures as well as tax revenues were changed in Germany. Government expenditures in relation to GDP were reduced, income tax rates were lowered and the budget deficit declined. The structure of government expenditures changed in favor of...
Persistent link: https://www.econbiz.de/10005566190
In order to identify convergence patterns among the group of Central and Eastern European Countries (CEECs) we analyze clusters of traditional OECD countries, i.e. EU-15 plus Norway and Switzerland, Anglo-Saxon non-EU countries plus Japan, and CEECs based on macro data on government regulation...
Persistent link: https://www.econbiz.de/10011082311
In recent years, a lot of rules concerning government expenditures as well as tax revenues were changed in Germany. Government expenditures in relation to GDP were reduced, income tax rates were lowered and the budget deficit declined. The structure of government expenditures changed in favor of...
Persistent link: https://www.econbiz.de/10005818915
Learning-by-exporting proponents argue that exporting increases productivity by exposing producers to new technologies or through product quality upgrading. This study is based on the observation that the technological superiority and severity of product quality requirements are not the same in...
Persistent link: https://www.econbiz.de/10010886992
We used a recursive modeling approach to study whether investors could, in real time, have used information on the comovement of stock markets to forecast stock returns in European stock markets for high-technology firms. We used weekly data on returns in the Neuer Markt, the Nouveau Marché,...
Persistent link: https://www.econbiz.de/10005755170