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Corruption’s and Democracy’s effects on Economic Growth
Zaouali, Amira - Volkswirtschaftliche Fakultät, … - 2014
Economists have a long argue that political process such as democracy and corruption are important for economic growth …. Our objective in this paper is to demonstrate that one of democracy's indirect posititive effects is its ability to …
Persistent link: https://www.econbiz.de/10011107346
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Convergence Clubs determined by Economic History in Latin America
Quiroga, Barrientos; Andrea, Paola - Volkswirtschaftliche Fakultät, … - 2013
The concept of club convergence has been widely used in empirical analysis to group countries in clubs with similar development paths. However, there is no unified agreement on how to identify the clubs in the first place. In this paper, I argue that economic history can guide us to identify...
Persistent link: https://www.econbiz.de/10011110182
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Democracy, Inequality and Economic Development: The Case of Pakistan
Amir-ud-Din, Rafi; Rashid, Abdul; Ahmad, Shabbir - Volkswirtschaftliche Fakultät, … - 2008
In this paper, we made an attempt to understand the costs and benefits of democracy for economic growth in Pakistan by … analyzing the relationship between democracy and its various measures. Using instrumental variables and RALS (rth …-order autoregressive least squares) estimation techniques, it is shown that during the period 1972-2005, there is only a tenuous and …
Persistent link: https://www.econbiz.de/10008740584
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The Long-Term Effects of Protestant Activities in China
Chen, Yuyu; Wang, Hui; Yan, Se - Volkswirtschaftliche Fakultät, … - 2014
Does culture, and in particular religion, exert an independent causal effect on long-term economic growth, or do culture and religion merely reflect the latter? We explore this issue by studying the case of Protestantism in China during the late nineteenth and early twentieth centuries....
Persistent link: https://www.econbiz.de/10011258769
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Bank stock returns and economic growth
Cole, Rebel; Moshirian, Fari; Wu, Qionbing - Volkswirtschaftliche Fakultät, … - 2007
Previous research has established (i) that a country’s financial sector influence future economic growth and (ii) that stock market index returns affect future economic growth. We extend and tie together these two strands of the growth literature by analyzing the relationship between banking...
Persistent link: https://www.econbiz.de/10011259225
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Investissement, Contrôle de la corruption et Croissance économique dans la région MENA
Mtiraoui, Abderraouf - Volkswirtschaftliche Fakultät, … - 2015
This paper aims to study the interaction between the control of corruption, investment and economic growth in the MENA region. Our empirical essay attempts to clarify the direct and indirect control of corruption on economic growth through investment in the period 1984-2012 in the MENA region...
Persistent link: https://www.econbiz.de/10011266232
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The Institutions-Growth Nexus: Stages of Development
Nawaz, Saima - Volkswirtschaftliche Fakultät, … - 2011
panel data analysis model based on the SYS-GMM estimation procedure. The overall analysis of this study shows that …
Persistent link: https://www.econbiz.de/10009651394
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Endogenous human capital formation, distance to frontier and growth
Basu, Sujata; Mehra, Meeta K - Volkswirtschaftliche Fakultät, … - 2011
We examine human capital's contribution to economy-wide technological progress through two channels -- imitation and innovation -- innovation being more skilled-intensive than innovation. We develop a growth model considering an endogenous ability-driven skill acquisition decision of an...
Persistent link: https://www.econbiz.de/10010538856
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Bank stock returns and economic growth
Cole, Rebel; Moshirian, Fari; Wu, Qionbing - Volkswirtschaftliche Fakultät, … - 2007
Previous research has established (i) that a country’s financial sector influence future economic growth and (ii) that stock market index returns affect future economic growth. We extend and tie together these two strands of the growth literature by analyzing the relationship between banking...
Persistent link: https://www.econbiz.de/10005836488
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Federal, State, and Local Governments: Evaluating their Separate Roles in US Growth
Higgins, Matthew; Young, Andrew; Levy, Daniel - Volkswirtschaftliche Fakultät, … - 2009
We use US county level data (3,058 observations) from 1970 to 1998 to explore the relationship between economic growth and the extent of government employment at three levels: federal, state and local. We find that increases in federal, state and local government employments are all negatively...
Persistent link: https://www.econbiz.de/10005616935