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Property Rights and their Impact on the Wealth of Nations-A Cross-Country Study

Heitger, Bernhard - Institut für Weltwirtschaft (IfW) - 2003

This paper investigates the quality of property rights and long-term economic growth in an international cross-section of countries in 1975-1995. The empirical tests indicate that the impact of private property rights on growth is positive and simultaneously determined. Correcting for the...

Persistent link: https://www.econbiz.de/10005818861

Accession Incentives for Institutional Change in Post-Socialist Countries – Cross-Section and Country Evidence from NATO Enlargement

Schweickert, Rainer; Kauschke, Jonas; Heitmann, Hanno - Institut für Weltwirtschaft (IfW) - 2010

debate among NATO members, is of special relevance for the peaceful transition of other post-socialist countries, e …

Persistent link: https://www.econbiz.de/10008592857

The Concept of a World Economic Order

Siebert, Horst - Institut für Weltwirtschaft (IfW) - 2008

This paper studies the concept of an international economic order, i.e. an institutional arrangement of international rules. Such rules emerge from negative experiences – historical disasters – that inflict severe hardship on people. A taxonomy for rules reducing transaction costs is...

Persistent link: https://www.econbiz.de/10005076106

China ; Understanding a New Global Economic Player

Siebert, Horst - Institut für Weltwirtschaft (IfW) - 2006

This paper analyzes China's economic performance in the last 25 years and discusses its prospect for growth in the future. China has enjoyed high annual GDP growth rates of about ten percent in the last 25 years. Exports and investment were the two driving forces of the growth process. FDI plays...

Persistent link: https://www.econbiz.de/10005700542

Investment behavior in dynamic computable general equilibrium models for transition economies

Piazolo, Daniel - Institut für Weltwirtschaft (IfW) - 1998

This paper suggests a method of approximating the development of investment in transition economies through an … investment in transition countries. In contrast to standard adjustment costs, which predict a sharp rise in investment due to the …

Persistent link: https://www.econbiz.de/10009276188

Gaining credibility and enhancing economic growth through regional integration: The case for EU membership of Eastern Europe

Piazolo, Daniel - Institut für Weltwirtschaft (IfW) - 1997

Trade between Eastern and Western Europe has increased considerably in the last years. Given this market-induced development, why should it be necessary to advance institutional integration? This paper argues that Central and Eastern European countries (CEECs) can potentially enhance the...

Persistent link: https://www.econbiz.de/10009276477

Regulatory Choices and Commitment ; Challenges for Electricity Market Regulation in Kosovo

Kumkar, Lars - Institut für Weltwirtschaft (IfW) - 2002

This paper aims at describing the choices to be made in selecting and implementing a reform model for the electricity industry and to derive some implications for the situation in Kosovo. The paper argues that the appropriate reform model depends on the circumstances in the considered...

Persistent link: https://www.econbiz.de/10005755163

Subsidization and Structural Change in Eastern German Transition: Did Economic Policy Meet Its Objectives?

Gerling, Katja - Institut für Weltwirtschaft (IfW) - 2000

Economic policy interventions of a scale as effected in eastern Germany can be expected to have a significant impact on the economy, which may be in accordance with the objectives of the policy measures or manifest itself in distortions of several kinds. This paper analyzes the structural...

Persistent link: https://www.econbiz.de/10005755271

Large-Scale Transition of Economic Systems – Do CEECs Converge Towards Western Prototypes?

Ahlborn, Markus; Ahrens, Joachim; Schweickert, Rainer - Institut für Weltwirtschaft (IfW) - 2014

performance. We acknowledge for the transition aspect by looking at cluster history and principal component analysis for periods … of transition. Our analysis reveals that there is consolidation rather than convergence with CEECs being divided in …

Persistent link: https://www.econbiz.de/10011082311

Untangling the Quality of Governance from the Level of Income: Are Sub-Saharan African Countries Governed Well?

Gundlach, Erich; Hartmann, Susanne - Institut für Weltwirtschaft (IfW) - 2005

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