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Can limited government be a driving force of economic development? This idea goes back to Montesquieu, and is closely related to recent research in institutional economics. Measuring limited government with the Henisz political constraints index, and economic development with income per capita,...
Persistent link: https://www.econbiz.de/10005687639
Abstract: This paper estimates the relationship between various sub-indicators of economic freedom and life satisfaction for 122 countries. The estimation results show that life satisfaction is positively related to the quality of the legal system and protection of property rights. For poor...
Persistent link: https://www.econbiz.de/10011092452
I address David Albouy's (2006) critique of the data constructed by Daron Acemoglu, Simon Johnson and James Robinson (2001). The contribution of this paper is to instrument for settler mortality rates that are collected from historical sources - and that may be measured with error - with a...
Persistent link: https://www.econbiz.de/10008925019
I address David Albouy's (2006) critique of the data constructed by Daron Acemoglu, Simon Johnson and James Robinson (2001). The contribution of this paper is to instrument for settler mortality rates that are collected from historical sources - and that may be measured with error - with a...
Persistent link: https://www.econbiz.de/10005091309
In a seminal contribution, Acemoglu, Johnson, and Robinson (2001) argue property-rights institutions powerfully affect national income, using estimated mortality rates of early European settlers to instrument capital expropriation risk. However 36 of the 64 countries in their sample are assigned...
Persistent link: https://www.econbiz.de/10005720595
The paper presents most recent estimates on the field of cross national digital gaps, in terms of application new information and communication technologies. The author proposes a way of measurement of the digital gaps among countries. The methodology is mainly based on the taxonomy principles,...
Persistent link: https://www.econbiz.de/10011259287
This paper compares the level of economic development in South Asia and East Asia, and explores the features of East Asian Development experiences and existing situation in South Asia. Several development indicators such as per capita income, human development index and millennium development...
Persistent link: https://www.econbiz.de/10010729099
The paper provides quantitative estimates of the productive capacities of the countries in the Asia- Pacific region and their evolution in the past 25 years. It updates the results for 2009 presented in the ESCAP’s Economic and Social Survey of Asia and the Pacific 2011 and details the...
Persistent link: https://www.econbiz.de/10010890746
Building productive capacities is a top priority for least developed countries to promote development and graduate from the status of least developed country. This paper discusses the challenges and the opportunities for these countries to build their productive capacities. It argues that the...
Persistent link: https://www.econbiz.de/10010903954
This paper approaches inclusive development in South and South-West Asia through the framework of structural transformation and productive capacities. It discusses the opportunities for these countries to build their productive capacities through product diversification and presents a list of...
Persistent link: https://www.econbiz.de/10010903957