Showing 1 - 7 of 7
Persistent link: https://www.econbiz.de/10011961742
We examine a panel of 70 countries during 1966-2010 and utilize Reinhart and Rogoff crisis dates to estimate the effects of crises on the size and scope of government over both 5-year and 10-year horizons. We also estimate cross-section regressions using 40-year (1970-2010) changes in government...
Persistent link: https://www.econbiz.de/10013035187
We use the Stansel (2013) metropolitan area economic freedom index and 25 conditioning variables to analyze the spatial relationships between institutional quality and economic outcomes across 381 U.S. metropolitan areas. Specifically, we allow for spatial dependence in both the dependent and...
Persistent link: https://www.econbiz.de/10013056465
We offer evidence of the role of continental orientation in the historical diffusion of technologies. Diamond (1997) argued that technologies spread more slowly North-South (N-S) than East-West (E-W) for two reasons. First, it was relatively costly for individuals to transport innovations when...
Persistent link: https://www.econbiz.de/10012899773
Successful constitutionalism is characterized by de jure Constitutional provisions de facto binding political agents. A growing literature seeks to quantify cross-country variation in Constitutional compliance and explore its determinants (e.g., Law & Versteeg 2013; Gutmann et al. 2022; Voigt 2021). We...
Persistent link: https://www.econbiz.de/10014358562
Rich economies are characterized by the coincidence of, on the one hand, high state capacity and, on the other, well-functioning markets and the rule of law. They have states that are powerful and centralized and yet also limited. Furthermore, relatively low rates of shadow economic activity and...
Persistent link: https://www.econbiz.de/10012851338
Why can some governments credibly commit to the rule of law and protection of property rights while others cannot? A potential answer involves deep historical traditions of institutions that constrain rulers. We explore whether experiences with representative assemblies in medieval/early modern...
Persistent link: https://www.econbiz.de/10012853802