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We consider the relationship between tourism and economic growth for Latin American countries since 1985 until 1998. The analysis proposed is based on a panel data approach and the Arellano-Bond estimator for dynamic panels. We obtain estimates of the relationship between economic growth and...
Persistent link: https://www.econbiz.de/10011600070
This paper examines the short and long-run average causal impact of catastrophic natural disasters on economic growth by combining information from comparative case studies. The counterfactual of the cases studied is assessed by constructing synthetic control groups, taking advantage of the fact...
Persistent link: https://www.econbiz.de/10010246562
evidence ignores the importance of institutional quality and results are likely to be biased by omitted variable problems. In … datasets and controls the robustness of previous results on growth and tourism in the presence of several institutional quality … variables. By means of descriptive statistics and some simple cross-country regressions we confirm that the quality of …
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Public-private collaboration in productive development policy in Costa Rica frequently takes the form of policy co-governance: an autonomous institution in charge of policy for a particular economic sector is created, with a board of directors comprising representatives from both the public and...
Persistent link: https://www.econbiz.de/10011285641
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
We illuminate several important aspects of the nature and causes of growth and institutional change. To do this, we focus on the role resource pressures have played in the historic development of Hawaii's institutions. We discuss the Hawaiian story in the context of the natural co-evolution of...
Persistent link: https://www.econbiz.de/10010350824