Showing 1 - 10 of 608
This article makes three contributions to the literature. First, it provides new evidence of the impact of community monitoring interventions using a unique dataset from the Citizen Visible Audit (CVA) program in Colombia. In particular, this article studies the effect of social audits on...
Persistent link: https://www.econbiz.de/10011286688
We provide a theory of how growth, corruption, and a low-powered public-sector pay scale coexist in a stable … widespread corruption. …
Persistent link: https://www.econbiz.de/10011907238
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/10013463872
This paper examines the relationship between political competition and financial development across a global sample of 127 countries, with a particular focus on developed and democratic OECD countries. Building on the theoretical frameworks of Acemoglu and Robinson (2006) and Besley et al....
Persistent link: https://www.econbiz.de/10015067022
We develop a model of Schumpeterian growth where political connections with long-term politicians can be exploited by low-quality producers to defend their monopoly position and prevent innovation and entry of high-quality competitors. Through personal relationships developed with the incumbent...
Persistent link: https://www.econbiz.de/10008824493
This paper addresses two hot topics of the contemporary debate, social capital and economic growth. Our theoretical analysis sheds light on decisive but so far neglected issues: how does social capital accumulate over time? Which is the relationship between social capital, technical progress and...
Persistent link: https://www.econbiz.de/10008809690
Public-private collaboration in productive development policy in Costa Rica frequently takes the form of policy co-governance …. This paper analyzes five cases of co-governance: tourism, fisheries, rice, coffee, and the attraction of foreign direct … investment (FDI). When co-governance has been used in conjunction with market discipline and as a means to discover and remove …
Persistent link: https://www.econbiz.de/10011285641
Tax policy is among the most common and relevant instruments in the toolkit of policy-makers when thinking about promoting growth, yet there is not compelling evidence regarding its effect in Latin American countries. Using a variety of approaches, we estimate the effects on growth of the most...
Persistent link: https://www.econbiz.de/10011303246
This paper explores the link between Brazil's political institutions and its disappointing productivity and growth in recent decades. Although political institutions provide the president with incentives and the instruments to pursue monetary stability and fiscal discipline they simultaneously...
Persistent link: https://www.econbiz.de/10011294491
This paper presents an integrated overview of the literature linking institutions, financial development and economic growth. From the large body of research on institutional development, the paper first selects those contributions that make it possible to study the role of institutional...
Persistent link: https://www.econbiz.de/10011290078