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of the impact of conflict point to negative gross domestic product (GDP) growth of -12 percent on average over 2011 …-18, resulting in a GDP contraction to about one-third of the 2010 level. In post-conflict simulation scenarios, the growth drivers … stable resolution of the conflict is achieved …
Persistent link: https://www.econbiz.de/10012113903
This paper assesses the role of ideas in economic change, combining economic and historical analysis with insights from psychology, sociology and anthropology. Belief systems shape the system of categories ("pre-confirmatory bias") and perceptions (confirmatory bias), and are themselves...
Persistent link: https://www.econbiz.de/10013147216
differences through the dynamics of saving and investment. We posit that the drivers of economic development include institutions …
Persistent link: https://www.econbiz.de/10013074652
In this paper we revisit the relationship between institutions, human capital and development. We argue that empirical … models that treat institutions and human capital as exogenous are misspecified both because of the usual omitted variable … focus on historically-determined differences in human capital and control for the effect of institutions, the impact of …
Persistent link: https://www.econbiz.de/10013006662
We exploit differences in the mortality rates faced by European colonialists to estimate the effect of institutions on … different associated institutions. The choice of colonization strategy was, at least in part, determined by whether Europeans … likely to set up worse (extractive) institutions. These early institutions persisted to the present. We document evidence …
Persistent link: https://www.econbiz.de/10013236802
Although institutions are believed to be key determinants of economic performance, there is limited evidence on how … variation in the presence of institutions; the difficulty of empirically measuring institutional performance; and the temptation … the complex and multi-faceted subject. We evaluate one attempt to make local institutions more egalitarian by imposing …
Persistent link: https://www.econbiz.de/10013125582
transportation improvements converged to create city growth. We assess the impact of institutions on growth by allowing two ways for … institutions to affect growth. Institutions can directly affect growth, or it can impact on trade, which in turn affects growth …. Once we separately quantify the link from institutions to trade, and trade to growth, the independent effect of …
Persistent link: https://www.econbiz.de/10013086487
opportunities depends on the nature of institutions. When institutions are strong, new opportunities or windfalls can have positive … effects. But when institutions are weak they can have negative effects. We present a simple model to illustrate how … comparative statics are conditional on the nature of institutions and show how this perspective helps to unify a large number of …
Persistent link: https://www.econbiz.de/10013124230
We exploit information on compulsory schooling reforms in 11 European countries, implemented mostly in the 1960s and 70s, to identify the impact of education on religious adherence and religious practices. Using micro data from the European Social Survey, conducted in various years between 2002...
Persistent link: https://www.econbiz.de/10013046157
institutions …
Persistent link: https://www.econbiz.de/10013129186