This paper develops a model of costly firm creation in an economy with weak institutions, costly business environment …

This paper examines the integration of Chinese Communist Party membership and private entrepreneurship in China after … weaker market-supporting institutions. After the reform, Party affiliation is also shown to provide considerable private …, improved firms' performance. These political rents were larger in regions with weaker market-supporting institutions. …

and bad growth prospects, and that these adverse effects are more severe in volatile countries with bad institutions and … a resource boom reinforces rent grabbing and civil conflict especially if institutions are bad, induces corruption …-country ; panel and quasi-experimental evidence ; Dutch disease ; institutions ; corruption ; financial development ; volatility …

We discuss the effect of formal political institutions (electoral systems, fiscal decentralization, presidential and …

We propose and apply methods to quantify the impact of national institutions on international trade and development. We … are able to identify the direct impact of country-specific institutions on international trade within the structural … gravity framework. Our approach naturally addresses the prominent issue of endogenous institutions. The empirical analysis …

Is human capital a robust predictor of good institutions? Using a new institutional quality measure, the International …

This is Part 2 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth … that private-order institutions have not historically substituted for public-order ones in enabling markets to function …, clarify the growth effects of other institutions, including contract-enforcement mechanisms, guilds, communities, serfdom, and …

This is Part 1 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth … that private-order institutions have not historically substituted for public-order ones in enabling markets to function …, clarify the growth effects of other institutions, including contract-enforcement mechanisms, guilds, communities, serfdom, and …

all. Our empirical evidence does, however, support not only the "primacy of institutions" view, but also the important …