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of the impact of conflict point to negative gross domestic product (GDP) growth of -12 percent on average over 2011 …-18, resulting in a GDP contraction to about one-third of the 2010 level. In post-conflict simulation scenarios, the growth drivers … stable resolution of the conflict is achieved …
Persistent link: https://www.econbiz.de/10012113903
This study examines the critical interplay between institutional and cultural backgrounds and their collective impact on economic development, suggesting that their synchronized evolution-timing, pace, and direction-boosts economic development, while misalignment hinders it. It seeks to...
Persistent link: https://www.econbiz.de/10014635955
This paper investigates the Becker-Woessmann (2009) argument that Protestants were more prosperous in nineteenth-century Prussia because they were more literate, a version of the Weber thesis, and shows that it cannot be sustained. The econometric analysis on which Becker and Woessman based...
Persistent link: https://www.econbiz.de/10012947349
the historical determinants of institutions with the sizeable direct impact of geographic endowments on development …
Persistent link: https://www.econbiz.de/10013315896
economic development, notably institutions and geography. This paper sheds a different light on these determinants. We use … spatial econometrics to analyse the importance of the geography of institutions. We show that it is not only absolute … for a country's gdp per capita. Apart from a country's own institutions, institutions in neighboring countries turn out to …
Persistent link: https://www.econbiz.de/10013317516
We propose a development-compatible refunding system designed to mitigate climate change. Industrial countries pay an initial fee into a global fund. Each country chooses its national carbon tax. Part of the global fund is refunded to developing and industrial countries, in proportion to the...
Persistent link: https://www.econbiz.de/10013039305
This paper examines whether the federal structure of aid-receiving countries matters in explaining aid effectiveness. Following the decentralization theorem, the devolution of powers should increase aid effectiveness, since local decision-makers are better informed about local needs. At the same...
Persistent link: https://www.econbiz.de/10013316311
Using a sample of 193 countries from 2010 to 2019, this study investigates the impact of institutional quality index (IQI) and information and communication technology (ICT) on inclusive growth. The study engaged the panel spatial correlation consistent (PSCC-FE), instrumental...
Persistent link: https://www.econbiz.de/10014318738
In what sense are institutions a deep determinant of growth? In this paper, we address this question by examining the … factors in which institutions affect market integration more than market integration affects institutions. It was …
Persistent link: https://www.econbiz.de/10012980591
. Our results hold true when using indicators capturing the quality of economic institutions in lieu of indicators of … political institutions …
Persistent link: https://www.econbiz.de/10013092229