, quality of life indicators and economic growth in the Italian regions. Previous studies stress the importance of institutional … literature, we consider a three-sector model of semi-endogenous growth with negative externalities depending on structural and … translation of innovation into economic growth. It is suggested that generating a development strategy designed to improve social …

, institutions have a greater influence on cryptocurrency trading. Corruption control, government stability, socioeconomic conditions … have a positive impact. On the other hand, in countries with higher financial literacy, the influence of institutions is … trading regardless of financial literacy. Furthermore, in countries with higher financial literacy, the growth of stock market …

political institutions affect the degree of uncertainty and transaction costs, we formally show they should affect the steady … growth, which is in line with the idea that economic development is driven by political development. Furthermore, only when …

unequal society. A majoritarian democracy redistributes resources from the collectivity toward relatively few people, and has … a relatively small government and low level of taxation. A consensual democracy redistributes resources toward a broader …

--efficiency, power, the role of markets, time, the nature of exchanges, and the importance of institutions. We argue that it is primarily …