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This paper investigates the determinants of economic growth emphasizing the role of institutional quality, social fragmentation, and increasing global integration on recent growth experience. Our longitudinal data consists of 103 countries covering the period 1992-2005. We find that democracies...
Persistent link: https://www.econbiz.de/10010282215
We analyze the spread of policies dealing with international trafficking in human beings. Arguing that countries are unlikely to make independent choices, we identify pressure, externalities and learning or emulation as plausible diffusion mechanisms for spatial dependence in anti-trafficking...
Persistent link: https://www.econbiz.de/10010278580
individuals and the prevailing unemployment rate in the country impact perceptions of the effectiveness of democracy. We find that … personal joblessness experience translates into negative opinions about the effectiveness of democracy and it increases the … that democracies are ineffective, regardless of joblessness. People's beliefs about the effectiveness of democracy as …
Persistent link: https://www.econbiz.de/10010275889
. We find that emigration and human capital both increase democracy and economic freedom. This implies that unskilled …
Persistent link: https://www.econbiz.de/10010278546
democracy might differ systematically across countries. A replication of the estimation in a less restrictive empirical … democracy disappears once including country fixed effects. This paper tests the hypothesis that the effect of income on … framework provides evidence for significant but heterogeneous effects of income on democracy for former colonies and non …
Persistent link: https://www.econbiz.de/10010291403
This paper looks at the trade off between investment incentives and exit costs for the location of foreign direct investment (FDI). This issue does not appear to have been tackled in much detail in the literature. The analysis considers the effect of profit taxation (as a measure of investment...
Persistent link: https://www.econbiz.de/10010265567
We use a unique firm-level panel data set of multinational parents and their foreign affiliates to analyze whether profits are shared across borders within multinational firms. Using both fixed-effects and generalized method-of-moments estimators, affiliate wage levels are estimated to respond...
Persistent link: https://www.econbiz.de/10010262687
We establish the existence of strong media slant against foreign owners. Using a unique data set from nation-wide distributed quality newspapers in Germany, we find that a foreign firm that downsizes in Germany receives almost twice as much attention than a domestic firm. This quantitative slant...
Persistent link: https://www.econbiz.de/10010289889
This document examines foreign direct investment (FDI) when multinationals and labour unions bargain over labour contracts and lobby the self-interested government for taxation and labour market regulation. We demonstrate that right-to-manage bargaining predicts higher returns for FDI than does...
Persistent link: https://www.econbiz.de/10010261532
relationship according to which democracy is a determinant of economic development? Or is it, conversely, economic development that …
Persistent link: https://www.econbiz.de/10010267954