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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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Growth and distribution in low income economies: Modifying post Keynesian analysis in light of theory and history
Razmi, Arslan - 2015
Growth in low-income developing economies with large sectors charac- terized by underemployment is unlikely to be wage-led in the traditional neo-Kaleckian sense of the term. Output and employment in the sectors of the economy producing non-tradable output could be demand-led, how- ever, and...
Persistent link: https://www.econbiz.de/10011788883
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Is planet earth as a whole likely to be wage-led?
Razmi, Arslan - 2017
Evidence regarding the relationship between distribution, demand, and growth in the short run has been mixed. Open economy models that create the possibility of "beggar-thy-neighbor" growth offer one theoretical explanation for why this may be expected. Several authors have argued recently,...
Persistent link: https://www.econbiz.de/10011788914
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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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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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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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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
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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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Disaggregating the resource curse: Is the curse more difficult to dispel in oil states than in mineral states?
Azarchs, Timothy; Khitarishvili, Tamar - 2010
The hypothesis of the natural resource curse has captivated the economics profession, and since the mid-1990s has generated a large body of policymaking initiatives aimed at dispelling the curse. In this paper, we evaluate how the effect of resource abundance on economic growth has changed since...
Persistent link: https://www.econbiz.de/10010281737