Showing 1 - 10 of 415
-colonial autocratic institutions within ethnic groups and the emergence of autocratic institutions across countries. Diversity has … amplified the importance of institutions in mitigating the adverse e↵ects of non-cohesiveness on productivity, while … contributing to the scope for domination, leading to the formation of institutions of the autocratic type. …
Persistent link: https://www.econbiz.de/10011657148
We analyze the relationship between legal institutions, innovation and growth. We compare a rigid (law set ex …
Persistent link: https://www.econbiz.de/10010274865
We claim that a sequential mechanism linking history to development exists: first, history defines the quality of social capital; then, social capital determines the level of corruption; finally, corruption affects economic performance. We test this hypothesis on a dataset of Italian provinces,...
Persistent link: https://www.econbiz.de/10010293919
institutions precede crises and, interestingly, positive reforms occur thereafter. Strong institutions shorten the duration of … interaction effect suggests they can be offset by appropriate institutions. …
Persistent link: https://www.econbiz.de/10010333418
Institutions are important for proper economic performance, but are replaceable by trust or other social norms. We show … that when proper institutions and trust are missing, integrity of the individuals can replace them. We construct a model of … a transactions-based economy with contracts preceding the transactions, and show that any one of (1) institutions, (2 …
Persistent link: https://www.econbiz.de/10010265978
After a decade of research on the relationship between institutions and growth, scholars in this field seem to be … divided. Economic institutions perform well in growth regressions and a body of literature argues that this supports the key … importance of institutions for development. Other authors maintain that the type of constraints that the recent theoretical …
Persistent link: https://www.econbiz.de/10010274856
of institutions. Yet via unification, East Germany had immediate access to credible, high quality institutions. This … paper argues that success in a capitalist economy depends not only on high quality institutions but also on finding one …
Persistent link: https://www.econbiz.de/10010274948
institutions. We find that landownership concentration, a proxy for the institution of serf labor, has a negative effect on …
Persistent link: https://www.econbiz.de/10010278836
all. Our empirical evidence does, however, support not only the “primacy of institutions” view, but also the important …
Persistent link: https://www.econbiz.de/10011431209
This study exploits the confiscation and auctioning off of Church property that occurred during the French Revolution to assess the role played by transaction costs in delaying the reallocation of property rights in the aftermath of fundamental institutional reform. French districts with a...
Persistent link: https://www.econbiz.de/10012314909