Showing 1 - 10 of 12
We investigate how protectionist policies influence economic growth. Our empirical strategy exploits an extraordinary … economic growth in Sweden can be compared. We do not find evidence suggesting that protectionist policies influenced economic … growth and examine channels why. Tariffs increased government revenue. However, the results do not suggest that the …
Persistent link: https://www.econbiz.de/10012387616
The nexus between corruption and economic growth has been examined for a long time. Many empirical studies measured … 2012-2018 and re-examine the nexus between corruption and economic growth. The cumulative long-run effect of corruption on … growth is that real per capita GDP decreased by around 17% when the reversed CPI increased by one standard deviation. The …
Persistent link: https://www.econbiz.de/10012064480
We examine how structural reforms relate to income inequality. We employ many indicators of structural reforms and use … data for market and net income inequality. The dataset includes up to 135 countries since 1960. The results do not suggest … that market-oriented structural reforms were associated with rising income inequality in the full sample. Trade and …
Persistent link: https://www.econbiz.de/10012154916
-2014 and examine how austerity is associated with economic growth. The results show that depending on how austerity is measured …
Persistent link: https://www.econbiz.de/10011997341
We examine how fiscal rules influence economic growth. The results show that constitutional fiscal rules promoted … growth from the Industrial Revolution until World War II (1789-1950) and also increased modern economic growth (1985 … rules also increased economic growth at the sub-national level. …
Persistent link: https://www.econbiz.de/10012219378
We examine whether government ideology was correlated with the growth in military expenditure in Germany over the … growth in military expenditure increased by about 2.4 percentage points, when the ideology variable (right-wing) increased by …
Persistent link: https://www.econbiz.de/10010515371
Is human capital a robust predictor of good institutions? Using a new institutional quality measure, the International Property Rights Index (IPRI), we find that cognitive skill measures are significant, robust, and large in magnitude. We use two databases of cognitive skills: estimates of...
Persistent link: https://www.econbiz.de/10010354080
We examine how trade openness influences income inequality within countries. The sample includes 139 countries over the … trade openness on income inequality differs across countries. Trade openness tends to disproportionately benefit the … economies, trade openness increased income inequality, an effect that is driven by outliers. Our results suggest a strong effect …
Persistent link: https://www.econbiz.de/10012599018
Higher economic growth was generated during Democratic presidencies compared to Republican presidencies in the United … States. The question is why. Blinder and Watson (2016) explain that the Democratic-Republican presidential growth gap (D …-R growth gap) can hardly be attributed to the policies under Democratic presidents, but Democratic presidents - at least partly …
Persistent link: https://www.econbiz.de/10011663552
How globalisation influences social expenditure has been examined for industrialized countries. Globalisation has often been shown to be positively associated with social expenditure in established industrialized countries, a finding that corroborates the compensation hypothesis. Scholars have...
Persistent link: https://www.econbiz.de/10011927944