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This paper presents a survey of the literature on property rights and economic growth. It discusses different theoretical mechanisms that relate property rights to economic development. Lack of protection of property rights can result in slow economic growth through different channels:...
Persistent link: https://www.econbiz.de/10010320102
This paper investigates the determinants of economic growth emphasizing the role of institutional quality, social fragmentation, and increasing global integration on recent growth experience. Our longitudinal data consists of 103 countries covering the period 1992-2005. We find that democracies...
Persistent link: https://www.econbiz.de/10010282215
This paper argues that economic competition and political contestability are two key determinants of the successful … markets as well as a high degree of competition were crucial for the development of the Swiss economy. In addition, the Swiss …
Persistent link: https://www.econbiz.de/10010273431
strive for framework conditions that enable or even better facilitate innovation as well as dynamic competition. Ultimately …
Persistent link: https://www.econbiz.de/10011732761
indication of a strong impact of intermodal competition. This suggestion is confirmed by our empirical findings. …
Persistent link: https://www.econbiz.de/10011787823
This paper analyses the impact of transparency regulations on Super 95 and Diesel prices in Austria, France, and Germany to shed new light on the price effects of regulatory policies. To identify the effects of regulation, we use publicly available data from January 2005 to the end of December...
Persistent link: https://www.econbiz.de/10015408717
was affected by the action of some interest groups that pursued both state protection from competition and specific public …
Persistent link: https://www.econbiz.de/10010273796
This research paper discusses the role of institutions in the rapid growth and successful international integration of Switzerland during the late nineteenth and early twentieth century. In analysing the emergence and consolidation of the institutions whose existence was crucial, the paper looks...
Persistent link: https://www.econbiz.de/10010284737
rising unit labour costs, Poland has been able to improve its position in international competition by devaluing its own …
Persistent link: https://www.econbiz.de/10014377641