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We investigate the possible interaction effects that the extent of property rights protection and separation of powers in a political system have on economic growth. Using analysis of panel data from more than countries over the period 1970-2010 we find that the growth effects of property rights...
Persistent link: https://www.econbiz.de/10011112508
Building on previous work by Chiquiar (2005) we study the impact of the ejido communal property system on economic growth in the Mexican states. The average growth rate of state per capita GDP is negatively related to the share of state land in the communal ejido system during some of the...
Persistent link: https://www.econbiz.de/10011171772
There are two innovations in the paper as compared to the previous literature on democracy and growth. First, we … consider not only the level of democracy, but also changes in this level in the 1970s-1990s as measured by increments of … Freedom House political rights indices. Second, the distinction is made between democracy and law and order (order based on …
Persistent link: https://www.econbiz.de/10008543528
level of democracy is taken into account, but also changes in this level in the 1970s-1990s as measured by the political … rights indices of the Freedom House. Second, the distinction is made between the rule of law and democracy, the rule of law …
Persistent link: https://www.econbiz.de/10008543783
There are two innovations in the paper as compared to the previous literature on democracy and growth. First, we … consider not only the level of democracy, but also changes in this level in the 1970s-1990s as measured by increments of … Freedom House political rights indices. Second, the distinction is made between democracy and law and order (order based on …
Persistent link: https://www.econbiz.de/10008494207
The recent empirical growth literature has proposed three underlying fundamental determinants of economic growth, namely, physical geography, economic integration, and institutional quality. This paper unpacks the final determinant into both political-economic institutions as well as the...
Persistent link: https://www.econbiz.de/10005836612
We present in this paper the panel econometrics estimation approach of measuring the technical change and total factor … variances has been used for the estimation of the translog production functions. Two alternative formulations of technical …
Persistent link: https://www.econbiz.de/10005233841
In this paper,we divide fixed capital stock into domestic fixed capital stock and foreign fixed capital stock (FDI stock), then by consideration of the environmental deletion, we make use of the BM productivity index to decompose the source of economic growth from 1998 to 2011. The findings show...
Persistent link: https://www.econbiz.de/10011107622
Persistent link: https://www.econbiz.de/10001980162
Persistent link: https://www.econbiz.de/10001700087