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We revisit the debate over whether political institutions cause economic growth, or whether, alternatively, growth and human capital accumulation lead to institutional improvement. We find that most indicators of institutional quality used to establish the proposition that institutions cause...
Persistent link: https://www.econbiz.de/10012468125
these models on a cross-section of 4,000 companies from around the world, which operate in 33 countries with different …
Persistent link: https://www.econbiz.de/10012472182
investors and of ownership concentration in corporate governance systems around the world …
Persistent link: https://www.econbiz.de/10012473302
We examine the relationship between urban characteristics in 1960 and urban growth (income and population) between 1960 and 1990. Our major findings are that income and population growth move together and both types of growth are (1) positively related to initial schooling, (2) negatively...
Persistent link: https://www.econbiz.de/10012473880
This paper presents two propositions about corruption. First, the structure of government institutions and the political process are a very important determinant of the level of corruption. In particular, weak governments which do not control their agencies would lead to ultra-high corruption...
Persistent link: https://www.econbiz.de/10012474584