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The economics of inclusion: Building an argument for a shared society
Valenti, Michael A.; Giovannoni, Olivier - 2013
institutions on development, the costs of fractionalization, and research on the policies of social inclusion around the world. …
Persistent link: https://www.econbiz.de/10010318655
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The growth effects of institutional instability
Berggren, Niclas; Bergh, Andreas; Bjørnskov, Christian - 2009
Both institutional quality and institutional stability have been argued to stimulate economic growth. But to improve institutional quality, a country must endure a period of institutional change, which implies at least a little and possibly a lot of institutional instability. We investigate the...
Persistent link: https://www.econbiz.de/10013208542
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Promiscuous elites and economic development
Brezis, Elise S. - 2012
This paper analyzes the interconnection between elites and its effects on economic growth. For decades, the bureaucratic elite has been joining the business elite after leaving office, and this in growing numbers. This relationship has been termed the revolving door in English, pantouflage in...
Persistent link: https://www.econbiz.de/10010335988
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Does Governance Cause Growth? Evidence from China
Wilson, Ross - 2015
This study uses heterogeneous panel Granger causality tests to investigate the causal relationships between quality of governance and economic growth at the provincial level in China during the reform era. I find a significant and positive effect of economic growth on subsequent quality of...
Persistent link: https://www.econbiz.de/10013208723
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Legal conflicts of interest of the revolving door
Brezis, Elise S. - 2017
This paper analyzes the conflicts of interest arising from the "revolving door". The revolving door is a common phenomenon, and it is unlikely that most of it can be explained by "regulatory capture", a practice that is unlawful. Therefore, there is a need for a new framework. This paper...
Persistent link: https://www.econbiz.de/10011785716
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Heterogeneous convergence
Young, Andrew T.; Higgins, Matthew J.; Levy, Daniel - 2013
We use U.S. county-level data to estimate convergence rates for 22 individual states. We find significant heterogeneity. E.g., the California estimate is 19.9 percent and the New York estimate is 3.3 percent. Convergence rates are essentially uncorrelated with income levels.
Persistent link: https://www.econbiz.de/10010335973
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Federal, state, and local governments: Evaluating their separate roles in US growth
Higgins, Matthew J.; Young, Andrew T.; Levy, Daniel - 2008
We use US county level data (3,058 observations) from 1970 to 1998 to explore the relationship between economic growth and the extent of government employment at three levels: federal, state and local. We find that increases in federal, state and local government employments are all negatively...
Persistent link: https://www.econbiz.de/10010336011
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Growth and Convergence across the US: Evidence from County-Level Data
Higgins, Matthew J.; Levy, Daniel; Young, Andrew T. - 2005
We use U.S. county data (3,058 observations) and 41 conditioning variables to study growth and convergence. Using OLS and 3SLS-IV we report on the full sample and metro, non-metro, and 5 regional samples: (1) OLS yields convergence rates around 2 percent; 3SLS yields 6–8 percent; (2)...
Persistent link: https://www.econbiz.de/10013204752
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Energy Dependency and Long-Run Growth
Novelli, Giacomo - 2022
We investigate whether the degree of energy dependency of countries influences their macroeconomic performance in terms of long-run growth. Specifically, we study whether the impact of energy price changes on economic growth differs depending on a country's degree of energy dependency. There are...
Persistent link: https://www.econbiz.de/10013470533
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Do institutions Matter for economic performance? Theoretical insights and evidence from Turkey
Çetin, Tamer; Çiçen, Yıldırım B.; Eryiğit, Kadir Y. - 2016
This paper studies whether institutions matter for economic performance. For this aim, we first construct a simple … framework illustrating how to examine the interaction between institutions and economic performance from a different point of … interaction between institutions and economic performance in Turkey. Co-integration analysis finds a long-run relationship between …
Persistent link: https://www.econbiz.de/10011696307