Showing 1 - 10 of 16
What explains the range of situations in which individuals cooperate? This paper studies a model where individuals respond to incentives but are also influenced by norms of good conduct inherited from earlier generations. Parents rationally choose what values to transmit to their offspring, and...
Persistent link: https://www.econbiz.de/10010264316
argue that existing studies on the impact of natural disasters on economic development have several important limitations …
Persistent link: https://www.econbiz.de/10012018202
economic development, and find that democracies grow faster than autocracies. Furthermore, we illustrate how the estimation …
Persistent link: https://www.econbiz.de/10011815823
In transition and developing countries, we observe rather high levels of corruption even if they have democratic political systems. This is surprising from a political economy perspective, as the majority of people generally suffers from high corruption levels. Our model is based on the fact...
Persistent link: https://www.econbiz.de/10010261273
1950s. Finally, we turn to the determinants of a broad array of development indicators for the year 1960 and for the 1960 …
Persistent link: https://www.econbiz.de/10009321839
We construct a simple model where political elites may block technological and institutional development, because of a … replaced. Fearing replacement, political elites are unwilling to initiate change, and may even block economic development. We … show that elites are unlikely to block development when there is a high degree of political competition, or when they are …
Persistent link: https://www.econbiz.de/10005124137
We investigate the impact of slavery on the current performances of the US economy. Over a cross section of counties, we find that the legacy of slavery does not affect current income per capita, but does affect current income inequality. In other words, those counties that displayed a higher...
Persistent link: https://www.econbiz.de/10008680759
-specific pre-colonial institutions in shaping comparative regional development in Africa. We utilize information on the spatial … we document a positive cross-sectional association between national institutions and regional economic development … regional development. The positive within country effect of pre-colonial institutions also obtains in regions of partitioned …
Persistent link: https://www.econbiz.de/10008683528
We investigate the role of national institutions on regional development in a novel framework. We exploit the fact that … correlation between formal national institutions and economic development has to be carefully interpreted. …
Persistent link: https://www.econbiz.de/10011084103
We examine the link between pre-colonial statehood and contemporary regional African development, as reflected in …-country analysis reveals a strong positive correlation between pre-colonial political centralization and contemporary development (and …
Persistent link: https://www.econbiz.de/10011084301