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Economic Freedom and Religion : An Empirical Investigation
Hillman, Arye L. - 2016
There has been much study of the consequences of economic freedom but, outside of the role of political institutions …, there has been little study of the determinants of economic freedom. We investigate whether religion affects economic … freedom. Our cross-sectional dataset includes 137 countries averaged over the period 2001-2010. Simple correlations show that …
Persistent link: https://www.econbiz.de/10012984498
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Geography, Institutions, and the Making of Comparative Development
Auer, Raphael - 2021
While the direct impact of geographic endowments on prosperity is present in all countries, in former colonies, geography has also affected colonization policies and, therefore, institutional outcomes. Using non-colonized countries as a control group, I re-examine the theories put forward by La...
Persistent link: https://www.econbiz.de/10013315896
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Engineering Crises : Favoritism and Strategic Fiscal Indiscipline
Saint-Paul, Gilles - 2017
place? We develop a political economy theory of the endogenous emergence of fiscal crises, based on the idea that the …
Persistent link: https://www.econbiz.de/10012946844
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Explaining Inequality between Countries : The Declining Role of Political Institutions
Hussey, Andrew - 2017
countries (representing 85 percent of the world population) from 1960-2012. Since 1988, inequality has marginally decreased …
Persistent link: https://www.econbiz.de/10012962120
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Geography Rules Too! Economic Development and the Geography of Institutions
Bosker, Erik Maarten; Garretsen, Harry - 2021
To explain cross-country income differences, research has recently focused on the so-called deep determinants of 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...
Persistent link: https://www.econbiz.de/10013317516
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A Multiplicity of Approaches to Institutional Analysis : Applications to the Government and the Arts
Frey, Bruno S. - 2009
Four types of 'economics' relevant for institutional analysis are distinguished: Standard Neoclassical Economics; Socio-Economics or Social Economics; New Institutional Economics; and Psychological Economics (often misleadingly called Behavioural Economics). The paper argues that an extension of...
Persistent link: https://www.econbiz.de/10013157653
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Democratic Redistribution and Rule of the Majority
Corneo, Giacomo - 2015
Does redistribution in democracies cater to the will of the majority? We propose a direct empirical strategy based on survey data that needs not assume that voters are guided by pecuniary motives alone. We find that most democracies implement the median voter's preferred amount of redistribution...
Persistent link: https://www.econbiz.de/10013030499
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Cross-Country Income Differences and Technology Diffusion in a Competitive World
Irmen, Andreas - 2012
-degenerate world income distribution. In accordance with the empirical literature, I find that country characteristics such as the … policies such as subsidies to innovation investments explain a country's position in the eventual world income distribution …
Persistent link: https://www.econbiz.de/10012754962
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Islamic Banking, Credit and Economic Growth : Some Empirical Evidence
Caporale, Guglielmo Maria - 2016
This paper examines the effects of Islamic banking on the causal linkages between credit and GDP by comparing two sets of seven emerging countries, the first without Islamic banks, and the second with a dual banking system including both Islamic and conventional banks. Unlike previous studies,...
Persistent link: https://www.econbiz.de/10012998263
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Can Integrity Replace Institutions? Theory and Evidence
Aharonovitz, Gilad D. - 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...
Persistent link: https://www.econbiz.de/10013157500