We study the role of tax share and transparency of governance on growth and stagnation. A local government maximizes … above them, the economy will achieve perpetual growth. …

This paper presents an analysis of the effect of bureaucratic corruption on economic growth through a public finance …. Corruption takes the form of the embezzlement of public funds, the effect of which is to increase the government’s reliance on … seigniorage finance. This leads to an increase in inflation which, in turn, reduces capital accumulation and growth. At the …

reduce the growth rate of the public capital stock. We also show that, in the interior equilibrium, the private asset can …

A new line of theoretical and empirical literature emphasizes the pivotal role of fair institutions for growth. We … dramatic drop in cooperation (and growth), when inequality is increased by a selfserving dictator. No such effect is observed … adverse growth effect of the interaction between the degree and the genesis of inequality. We conclude that economies giving …

We estimate the effect of broadband infrastructure, which enables high-speed internet, on economic growth in the panel … 10 percentage-point increase in broadband penetration raises annual per-capita growth by 0.9-1.5 percentage points …

educated labor force, provision of administrative and judicial services, the control of corruption and crime, and the stability …

Investment in network infrastructure can boost long-term economic growth in OECD countries. Moreover, infrastructure … investment can have a positive effect on growth that goes beyond the effect of the capital stock because of economies of scale … the links between infrastructure and growth and the role of public policies, reports the results on the links with growth …

-wide transaction costs has been a critical factor in sustaining growth since 1800. The paper sets out a model of infrastructure …