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How does democracy cause growth?
Boese, Vanessa Alexandra; Eberhardt, Markus - 2023 - This version: July 6th, 2023
opportunities as well as the distribution of political power shaped by underlying institutions, in combination with the extent of … institutions which drive this relationship using data from the Varieties of Democracy project. We sketch how incentives and … selection into institutional change, and run horse races between underlying institutions. We find that freedom of expression …
Persistent link: https://www.econbiz.de/10014334859
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Welfare policy in the presence of unionised labour and internationally mobile firms
Rocha-Akis, Silvia; Schöb, Ronnie - 2009
In oligopolistic industries that are unionised and may be affected by offshoring, falling offshoring costs have a moderating effect on trade unions. They will accept lower sector wages in order to discourage mobile forms from leaving the country. Since such wages are independent of the workers'...
Persistent link: https://www.econbiz.de/10003931419
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Public R&D investment in economic crises
Pellens, Maikel; Peters, Bettina; Hud, Martin; Rammer, … - 2020 - This version: November 2020
We study the cyclicality of public R&D in 28 OECD countries (1995-2017). While procyclical on average, public R&D reacts asymmetrically over different phases of the business cycle and becomes acyclical during recessions. It is also heterogeneous across countries: Innovation leaders and followers...
Persistent link: https://www.econbiz.de/10012390728
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Social institutions and economic inequality : modeling the onset of the Kuznets curve
Alvarez-Pereira, Brais; Bale, Catherine S. E.; Furtado, … - 2015
Theoretical models of the Kuznets Curve have been purely analytical with little contribution towards an understanding of the timing of the process and the presence of additional mechanisms affecting its timing. This paper proposes an agent-based version of Acemoglu and Robinson's model of the...
Persistent link: https://www.econbiz.de/10012057437
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Reserve accumulation, growth and financial crises
Benigno, Gianluca; Fornaro, Luca - 2012
Persistent link: https://www.econbiz.de/10009671476
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Natural resources, demand for external finance and financial development
Hattendorff, Christian - 2014
The paper contributes to the ongoing debate on the natural resource curse, which postulates a negative link between natural resource abundance and economic growth. It shows empirically that resource-rich countries appear to have a less developed financial system and investigates a potential...
Persistent link: https://www.econbiz.de/10010433905
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Foreign direct investment and domestic entrepreneurship : blessing or curse?
Danakol, Seçil Hülya; Estrin, Saul; Reynolds, Paul; … - 2014
Persistent link: https://www.econbiz.de/10010356303
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The geography of inter-state resource wars
Caselli, Francesco; Morelli, Massimo; Rohner, Dominic - 2013
Persistent link: https://www.econbiz.de/10009746312
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China's emergence in the world economy and business cycles in Latin America
Cesa-Bianchi, Ambrogio; Pesaran, M. Hashem; Rebucci, … - 2012
The international business cycle is very important for Latin America's economic performance as the recent global crisis vividly illustrated. This paper investigates how changes in trade linkages between China, Latin America, and the rest of the world have altered the transmission mechanism of...
Persistent link: https://www.econbiz.de/10009627525
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International competition policy and economic development
Scherer, Frederic M. - 1996
During the past half century many nations have adopted policies whose function is to discourage cartels and other restrictive practices. Industrialized nations led the movement toward pro-competition policies, but more recently, developing nations have begun to join the parade. Initial steps...
Persistent link: https://www.econbiz.de/10011622490