Showing 1 - 10 of 9,045
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/10012468125
are perceived to be less "efficient." In this paper I develop a theory of public contracting that accommodates these stark …
Persistent link: https://www.econbiz.de/10012464415
This study examines the changes in labor market institutions and outcomes across (ECD countries in the past two decades and relates indicators of the institutions to outcomes. It has four findings. First, there has been an increased divergence in labor market institutions, with unionisation...
Persistent link: https://www.econbiz.de/10012476507
its incentives in investing in better institutions. We present a simple theory and extensive empirical evidence validating …
Persistent link: https://www.econbiz.de/10012453661
's institutional deficiencies, yet China is now one of the world's largest FDI destinations. This incongruity characterizes China …
Persistent link: https://www.econbiz.de/10012465214
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/10012470069
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/10012458913
We develop a framework that examines the organizational challenges faced by central rulers governing large territories, where administrative power needs to be delegated to local elites. We describe how economic change can motivate rulers to empower different elites and emphasize the interaction...
Persistent link: https://www.econbiz.de/10014576570
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/10012460929
, developing innovative real-world outcomes measures, and using a pre-analysis plan to bind our hands against data mining. The …
Persistent link: https://www.econbiz.de/10012461646