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both political-economic institutions as well as the primarily political institution of democratic development. Using both … weakly positive relationship. Political economic institutions, however, remain positive and significant determinants of …
Persistent link: https://www.econbiz.de/10005836612
role of institutions and macroeconomic policies in determining this sequence. We analyze the joint effect of policies and … institutions on the frequency of the four growth regimes: stable growth, stagnation, crisis and miracle-like fast growth. The … results confirm the importance of institutions for growth but also show that macro-policies; inflation, trade openness, size …
Persistent link: https://www.econbiz.de/10008871185
The purpose of this paper is to empirically examine the contribution of trade liberalisation to differences in the level of prosperity across nations. We compare this with the relative contribution of institutional capacity to prosperity, as well as the role of human capital accumulation in that...
Persistent link: https://www.econbiz.de/10008876646
Corruption is a symptom and outcome of institutional deficiency, with potentially adverse effects on economic growth. This paper aims to provide a synthesis of the existing evidence on the relationship between corruption and economic growth - controlling for effect type, data sources, and...
Persistent link: https://www.econbiz.de/10009372561
foreign technologies and establish institutions favorable to economic growth. I explore the threshold between the seemingly … reaching a certain threshold, however, the primary driver of economic growth appears to shift from geography to institutions. …
Persistent link: https://www.econbiz.de/10009322660
on the roles of physical geography, climate, disease ecology, economic and political institutions, geopolitical relations …
Persistent link: https://www.econbiz.de/10008684900
, demography and institutions). Thus, at all stages of development, forcing economic production to spread evenly across areas is … response should be comprehensively total: institutions that unite, infrastructure that connects, interventions that target …
Persistent link: https://www.econbiz.de/10011107833
This paper highlights formally the interaction existing between the quality of institutional governance, the education sector and economic growth. More fundamentally, we show how the quality of institutional governance matters in giving directly the appropriate incentives for human capital...
Persistent link: https://www.econbiz.de/10011108339
This paper develops a political economy framework to explain the underlying financial mechanisms through which redistributive policies may affect both the relative level of per capita income growth rates, and the relative stability of growth paths across countries. It proposes that...
Persistent link: https://www.econbiz.de/10011108758
Do institutions spatially affect growth? By employing a neoclassical growth model with institutional controls and … augmenting the model with a formal spatial framework, this study finds evidence that institutions has spatial spillover effect on …
Persistent link: https://www.econbiz.de/10011109064