Similar Search Results

Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development

Rodrik, Dani; Subramanian, Arvind; Trebbi, Francesco - C.E.P.R. Discussion Papers - 2002

We estimate the respective contributions of institutions, geography, and trade in determining income levels around the … world, using recently developed instruments for institutions and trade. Our results indicate that the quality of … institutions 'trumps' everything else. Once institutions are controlled for, measures of geography have at best weak direct effects …

Persistent link: https://www.econbiz.de/10005667122

Institutions For High-Quality Growth: What They Are And How To Acquire Them

Rodrik, Dani - C.E.P.R. Discussion Papers - 2000

This paper opens with a discussion of the types of institutions that allow markets to perform adequately. While we can … identify in broad terms what these are, there is no unique mapping between markets and the non-market institutions that … institutions. A range of evidence indicates that participatory democracies enable higher-quality growth. …

Persistent link: https://www.econbiz.de/10005791566

In Search of the Holy Grail: Policy Convergence, Experimentation and Economic Performance

Mukand, Sharun W.; Rodrik, Dani - C.E.P.R. Discussion Papers - 2002

We consider a model of policy choice in which appropriate policies depend on a country’s own circumstances, but the presence of a successful leader generates an informational externality and results in too little ‘policy experimentation’. Corrupt governments are reined in while honest...

Persistent link: https://www.econbiz.de/10005136734

The New Development Economics : We Shall Experiment, but How Shall We Learn?

Rodrik, Dani - 2008

Development economics is split between macro-development economists - who focus on economic growth, international trade, and fiscal/macro policies - and micro-development economists - who study microfinance, education, health, and other social programs. Recently there has been substantial...

Persistent link: https://www.econbiz.de/10012722694

Preface: Development Policy and Development Economics: An Introduction

Rodrik, Dani; Rosenzweig, Mark R. - In: Handbook of development economics : volume 5, (pp. xv-xxvii). 2010

Anyone who undertakes to produce a volume of surveys in economic development must confront the question: Does the world really need another one? The field changes over time and, one hopes, knowledge accumulates. So, one motive is the desire to cover the more recent advances. And indeed, economic...

Persistent link: https://www.econbiz.de/10014025725

Rule of Law, Democracy, Openness and Income: Estimating the Interrelationships

Rigobon, Roberto; Rodrik, Dani - C.E.P.R. Discussion Papers - 2004

We estimate the interrelationships among economic institutions, political institutions, openness, and income levels … openness and better institutions, but these effects are not very strong. Rule of law and democracy tend to be mutually …

Persistent link: https://www.econbiz.de/10005666734

On the Efficacy of Reforms: Policy Tinkering, Institutional Change and Entrepreneurship

Iyigun, Murat; Rodrik, Dani - C.E.P.R. Discussion Papers - 2004

We analyse the interplay of policy reform and entrepreneurship in a model where investment decisions and policy outcomes are both subject to uncertainty. The production costs of non-traditional activities are unknown and can only be discovered by entrepreneurs who make sunk investments. The...

Persistent link: https://www.econbiz.de/10005791665

Industrial Policy for the Twenty-First Century

Rodrik, Dani - C.E.P.R. Discussion Papers - 2004

Unlike what is commonly believed, the last two decades have not witnessed the twilight of industrial policy. Instead, incentives and subsidies have been refocused on exports and direct foreign investment, in the belief that these activities are the source of significant positive spillovers. The...

Persistent link: https://www.econbiz.de/10005124119

TFPG Controversies, Institutions, and Economic Performance in East Asia

Rodrik, Dani - C.E.P.R. Discussion Papers - 1997

The controversy over the appropriate partitioning of East Asian growth into accumulation versus technical change has overlooked a fundamental indeterminacy in measurement. As a result, we cannot rule out the possibility that East Asia has in fact experienced a tremendous amount of technological...

Persistent link: https://www.econbiz.de/10005124261

Second-Best Institutions

Rodrik, Dani - C.E.P.R. Discussion Papers - 2008

The focus of policy reform in developing countries has moved from getting prices right to getting institutions right …, and accordingly countries are increasingly being advised to move towards "best-practice" institutions. This paper argues … that appropriate institutions for developing countries are instead "second-best" institutions - those that take into …

Persistent link: https://www.econbiz.de/10005791758