Using individual data from Japan, this paper investigates how a neighbor’s immobility is associated with individual investment in social capital. It is found that local homeownership has a positive effect on individual investment and that this effect for individual homeowners is about 2.5...

We investigated whether natural disasters enhance efficiency improvement, capital accumulation, and technological progress. Furthermore, we examined whether the influence of natural disasters depends on the legal origin. By using long-term panel data, this paper decomposes productivity growth...

A growing number of studies have explored the influence of institution on the outcomes of disasters and accidents from the viewpoint of political economy. This paper focuses on the probability of the occurrence of disasters rather than disaster outcomes. Using panel data from 98 countries, this...

Persistent institutions, which are captured by legal origin, are considered to influence the occurrence and intensity of economic crises. However, little is known about how changes in legal origin affect processes of economic development. Using non-European country data, this paper investigates...

Using individual data from Japan, this paper investigates how a neighbor’s immobility is associated with individual investment in social capital. It is found that local homeownership has a positive effect on individual investment and that this effect for individual homeowners is about 2.5...

This paper uses individual data from Japan to explore how the circumstances of where a person resides is related to the degree of their investment in social capital. Controlling for unobserved area-specific fixed effects and various individual characteristics, I found; (1) Not only that...

This paper explores how the circumstances of where a person resides is related to the degree of their investment in social capital using individual data from Japan. Controlling for unobserved area-specific fixed effects and various individual characteristics, I found; (1) Not only that...

This paper uses individual data from Japan to explore how the circumstances of where a person resides are related to the degree of their investment in social capital. Controlling for unobserved area-specific fixed effects and various individual characteristics, I found; (1) Not only that...

This paper uses individual data from Japan to explore how the circumstances of where a person resides are related to the degree of their investment in social capital. Controlling for unobserved area-specific fixed effects and various individual characteristics, I found; (1) Not only that...

A growing number of works have explored the influence of institution on the outcomes of disasters and accidents from the viewpoint of political economy. This paper focuses on the probability of the occurrence of disasters rather than disaster outcomes. Using panel data from 98 countries, this...