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Legal institutions, innovation and growth
Anderlini, Luca; Felli, Leonardo; Immordino, Giovanni; … - 2011
We analyze the relationship between legal institutions, innovation and growth. We compare a rigid (law set ex-ante) legal system and a flexible one (law set after observing current technology). The flexible system dominates in terms of welfare, amount of innovation and output growth at...
Persistent link: https://www.econbiz.de/10009153886
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Institutions and economic growth in historical perspective : part 2
Ogilvie, Sheilagh C.; Carus, A. W. - 2014
the effects of each institution depend on its relationship with other components of the wider institutional system. Part 2 … explaining institutions, and applies the arguments established in earlier sections to the institution of serfdom. It concludes by …
Persistent link: https://www.econbiz.de/10010371915
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Institutions and economic growth in historical perspective : part 1
Ogilvie, Sheilagh C.; Carus, A. W. - 2014
the effects of each institution depend on its relationship with other components of the wider institutional system. Part 1 …
Persistent link: https://www.econbiz.de/10010371916