Empirical results from a random-effects regression model show that ethnic heterogeneity has a negative effect on growth. The negative effect is seen largely in the hampering of efficiency improvements, but not capital accumulation.

Ethnic heterogeneity influences economic growth through various channels such as efficiency improvement, capital accumulation, and technological progress. However, it is open to discussion exactly how ethnic heterogeneity affects these channels. Hence, this paper attempts to examine the effects...

A growing number of studies have explored the influence of institution on the outcomes of disasters and accidents from the viewpoint of political economy. This paper focuses on the probability of the occurrence of disasters rather than disaster outcomes. Using panel data from 98 countries, this...

A growing number of works have explored the influence of institution on the outcomes of disasters and accidents from the viewpoint of political economy. This paper focuses on the probability of the occurrence of disasters rather than disaster outcomes. Using panel data from 98 countries, this...

This paper uses inter-country panel data obtained during the period 1990 to 2010 to examine how the occurrence of natural disasters has affected corruption within the public sector. There are a number of major findings from this study. (1) Natural disasters lead to corruption within the public...

Empirical results through a fixed effects regression model show that government size has a negative effect on growth mainly through hampering capital accumulation. When a sample is divided into OECD and non-OECD countries, the negative effect of government size on capital accumulation persists...