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Intrinsic Openness and Endogenous Institutional Quality
Jiao, Yang - 2017
its incentives in investing in better institutions. We present a simple theory and extensive empirical evidence validating …
Persistent link: https://www.econbiz.de/10012942707
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Do Institutions Cause Growth?
Glaeser, Edward L.; La Porta, Rafael; Lopez de Silanes, … - 2021
We revisit the debate over whether political institutions cause economic growth, or whether, alternatively, growth and human capital accumulation lead to institutional improvement. We find that most indicators of institutional quality used to establish the proposition that institutions cause...
Persistent link: https://www.econbiz.de/10013227522
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Precedent and Legal Argument in U.S. Trade Policy : Do They Matter to the Political Economy of the Lumber Dispute?
Kalt, Joseph P. - 2021
economy are tested. Capture Theory de-emphasizes the role of institutional settings of the kind at work here: The outcomes of … before the Department of Commerce, this study finds more support for Capture Theory than for the New Institutionalism. An …
Persistent link: https://www.econbiz.de/10013310225
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Leaders and Followers : Perspectives on the Nordic Model and the Economics of Innovation
Stiglitz, Joseph E. - 2014
innovation. After identifying pervasive market failures in innovation, it explains why those associated with the Nordic model may … be particularly conducive to innovation, and demonstrates that, in general, the optimal policies of the leader should … industrial policies, public investments, and systems of social protection), not only leading to more innovation, but ensuring …
Persistent link: https://www.econbiz.de/10013047034
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Reshaping Institutions : Evidence on Aid Impacts Using a Pre-Analysis Plan
Casey, Katherine P. - 2011
Although institutions are believed to be key determinants of economic performance, there is limited evidence on how they can be successfully reformed. Evaluating the effects of specific reforms is complicated by the lack of exogenous variation in the presence of institutions; the difficulty of...
Persistent link: https://www.econbiz.de/10013125582
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Culture and Institutions
Alesina, Alberto F. - 2013
A growing body of empirical work measuring different types of cultural traits has shown that culture matters for a variety of economic outcomes. This paper focuses on one specific aspect of the relevance of culture: its relationship to institutions. We review work with a theoretical, empirical,...
Persistent link: https://www.econbiz.de/10013071464
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An Institutional Theory of Public Contracts : Regulatory Implications
Spiller, Pablo T. - 2010
are perceived to be less quot;efficient.quot; In this paper I develop a theory of public contracting that accommodates …
Persistent link: https://www.econbiz.de/10012758508
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Institutional Rules for Federations
Alesina, Alberto F.; Angeloni, Ignazio; Etro, Federico - 2021
We study the organization of federations - or international unions - which decide together the provision of certain public goods. The benefit of centralization depends on the internalization of the spillovers, that of decentralization on the adaptability to local differences. We individuate as...
Persistent link: https://www.econbiz.de/10013246981
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Institutions and Foreign Investment : China Versus the World
Fan, Joseph P. H. - 2013
Weak institutions ought to deter foreign direction investment (FDI), and mass media stories highlight China's institutional deficiencies, yet China is now one of the world's largest FDI destinations. This incongruity characterizes China's paradoxical growth. Cross-country regressions show that...
Persistent link: https://www.econbiz.de/10012753817
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Contractual Versus Non-Contractual Trade : The Role of Institutions in China
Feenstra, Robert C.; Hong, Chang; Ma, Hong; Spencer, … - 2021
Recent research has demonstrated the importance of institutional quality at the country level for both the volume of trade and the ability to trade in differentiated goods that rely on contract enforcement. This paper takes advantage of cross-provincial variation in institutional quality in...
Persistent link: https://www.econbiz.de/10013311926