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Institutions and Foreign Investment : China versus the World
Fan, Joseph P.H. - 2007
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 China's FDI inflow is not exceptionally large, given the quality of its …
Persistent link: https://www.econbiz.de/10012465214
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Contractual Versus Non-Contractual Trade : The Role of Institutions in China
Feenstra, Robert C. - 2012
cross-provincial variation in institutional quality in China, and export data that distinguishes between foreign and …
Persistent link: https://www.econbiz.de/10012460929
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An Institutional Theory of Public Contracts : Regulatory Implications
Spiller, Pablo T. - 2008
The fundamental feature of private contracting is its relational nature. When faced with unforeseen or unexpected circumstances, private parties, as long as the relation remains worthwhile, adjust their required performance without the need for costly renegotiation or formal recontracting....
Persistent link: https://www.econbiz.de/10012464415
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Do Institutions Cause Growth?
Glaeser, Edward L. - 2004
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
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Institutional Rules for Federations
Alesina, Alberto - 2001
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
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Labor Market Institutions, Constraints, and Performance
Freeman, Richard B. - 1988
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
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Intrinsic Openness and Endogenous Institutional Quality
Jiao, Yang - 2017
Quality of public institutions has been recognized as a crucial determinant of macroeconomic outcomes. We propose that a country's intrinsic level of openness (due to population size, geography, or exogenous trade opportunities) affects its incentives in investing in better institutions. We...
Persistent link: https://www.econbiz.de/10012453661
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Culture and Institutions
Alesina, Alberto - 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/10012458913
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Organizing a Kingdom
Angelucci, Charles; Meraglia, Simone; Voigtländer, Nico - National Bureau of Economic Research - 2024
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
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Reshaping Institutions : Evidence on Aid Impacts Using a Pre-Analysis Plan
Casey, Katherine - 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/10012461646