Showing 1 - 10 of 17
We present a common analytical framework for evolutionary and institutional economics, conceived as the study of systems that do not tend toward, nor necessarily fluctuate around, a steady state. Using an evolutionary equation, we derive an analytical theory of the relation between resource...
Persistent link: https://www.econbiz.de/10010602519
This presidential address to the Association for Evolutionary Economics was delivered at the annual meeting in San Diego, California, on January 5, 2013.
Persistent link: https://www.econbiz.de/10010663294
The aim of the paper is to investigate the relationship between institutions and development ethics. In a value context …, the center of the discussion between institutions and development ethics is based on confronting ethics as "means of the … dynamisms of the instruments utilized by development agents in achieving these ends: the >i>means.>/i> A common acceptable …
Persistent link: https://www.econbiz.de/10005258385
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
-arousing strategies. We argue that these costly envy-related behaviors impede or stimulate economic development. …
Persistent link: https://www.econbiz.de/10008742861
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