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How i learned to stop worrying and love the crisis

Fidrmuc, Jan; Tichit, Ariane - 2012

We investigate the effects of economic crises on the subsequent economic performance, economic reform, democratization and institutional change. Our analysis is based on a sample of post-communist countries, most of which experienced severe economic crises during the 1990s. We find that the...

Persistent link: https://www.econbiz.de/10010280828

Impact of Colonial Institutions on Economic Growth and Development in India : Evidence from Night Lights Data

Ranjan, Priya; Talathi, Karan - 2021

We study the implications of two historical institutions, direct British rule, and the heterogeneous land tenure … institutions implemented by the British, on disparity in present day development using district level data from India. Using …

Persistent link: https://www.econbiz.de/10013231963

Distribution of natural resources, entrepreneurship, and economic development : growth dynamics with two elites

Falkinger, Josef; Grossmann, Volker - 2005

entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity … evidence on transition economies. …

Persistent link: https://www.econbiz.de/10010261348

Reform, uncertainty and spillovers: A gravity model approach

Fidrmuc, Jan; Karaja, Elira; Tichit, Ariane - 2012

Reforms often occur in waves, seemingly cascading from country to country. We argue that such reform waves may be driven by informational spillovers: uncertainty about the outcome of reform is reduced by learning from the experience of similar countries. We motivate this hypothesis with a simple...

Persistent link: https://www.econbiz.de/10010281046

Determinants of human development: Capturing the role of institutions

Binder, Michael; Georgiadis, Georgios - 2011

' persistent characteristics, such as their institutions. Among our findings are that macroeconomic policies affect development …

Persistent link: https://www.econbiz.de/10010274921

Top Lights - Bright Cities and Their Contribution to Economic Development

Bluhm, Richard - 2019

The commonly-used satellite images of nighttime lights fail to capture the true brightness of most cities. We show that night lights are a reliable proxy for economic activity at the city level, provided they are first corrected for top-coding. We present a stylized model of urban luminosity and...

Persistent link: https://www.econbiz.de/10012892172

Devotion and Development : Religiosity, Education, and Economic Progress in 19th-Century France

Squicciarini, Mara - 2020

This paper studies when religion can hamper diffusion of knowledge and economic development and through which mechanism. I examine Catholicism in France during the Second Industrial Revolution (1870-1914). In this period, technology became skill-intensive, leading to the introduction of...

Persistent link: https://www.econbiz.de/10012848322

Economic-social interaction in China

Lindbeck, Assar - 2008

This paper analyzes economic-social interaction in China in connection with the country's change of economic system. I define an economic system in terms of a multidimensional vector of broad institutional characteristics, and I emphasize that important features of the social development are...

Persistent link: https://www.econbiz.de/10010264279

Can integrity replace institutions? : theory and evidence

Aharonovitz, Gilad D.; Skuza, Nathan; Fahs, Faysal - 2009

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

Institutions and development : the interaction between trade regime and political system

Falkinger, Josef; Grossmann, Volker - 2004

This paper argues that openness to goods trade in combination with an unequal distribution of political power has been a major determinant of the comparatively slow development of resource- or land-abundant regions like South America and the Caribbean in the nineteenth century. We develop a...

Persistent link: https://www.econbiz.de/10010261261

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