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, follows a faster track and depends more on political power than on those policies' potential as engines for productivity … different groups' weight in policymaking, and the effect of the implied unbalance on aggregate productivity. Electoral weight … found that the resulting imbalance of policies damages aggregate productivity. …
Persistent link: https://www.econbiz.de/10010278278
This paper examines how the main characteristics of Argentina's policymaking process (PMP) affect the productivity of … illustrates the (negative) impact of Argentina's lowquality and myopic PMP equilibrium on productivity by examining two key areas …
Persistent link: https://www.econbiz.de/10010328219
Vietnam's industrial development since doi moi is a success, but only a partial one. This paper provides a political economy account of Vietnam's industrial growth since 1986. It shows that the key determinant of Vietnam's industrial growth lies in the relationship between the party-state and...
Persistent link: https://www.econbiz.de/10010494250
This paper explores the link between Brazil's political institutions and its disappointing productivity and growth in … and cuts in unprotected expenditures, which put a drag on productivity and growth. In a context of robust checks and … distortions that conspire against its realization. While some improvements in productivity and growth have occurred in the past …
Persistent link: https://www.econbiz.de/10011314042
productivity. Our integration indicator measures value chain trade within the Single Market relative to global value chain networks …. Using a simultaneous equation model, we find an overall positive effect of integration on labour productivity, which is …
Persistent link: https://www.econbiz.de/10013471794
How can industrial policies lead to bank distress? In the 1890s, when undergoing rapid state-led industrialisation, the Russian Empire grew by foreign capital inflows into national debt and by state procurement of industrial output. Concurrently, state policies incentivised, but did not compel,...
Persistent link: https://www.econbiz.de/10011933918
This paper reviews the political economy of extractive resources and the associated resources sector governance agenda. The consensus that good sector governance improves the developmental impacts of extractive resources exploitation is premised on the understanding that institutions matter for...
Persistent link: https://www.econbiz.de/10011654017
Formal conceptions of state capacity have mostly focused on indirect measures of state capacity – by, for instance, using the state's fiscal or extractive capacity as a proxy for its overall capacity. Yet, this input or extractive view of state capacity falls short, especially since...
Persistent link: https://www.econbiz.de/10014534301
Formal conceptions of state capacity have mostly focused on indirect measures of state capacity - by, for instance, using the state's fiscal or extractive capacity as a proxy for its overall capacity. Yet, this input or extractive view of state capacity falls short, especially since...
Persistent link: https://www.econbiz.de/10014513234
This paper presents an empirical examination of economic and institutional development. Utilizing a novel data set on American Indian tribal nations, we investigate how constitutional design affects economic development, while holding the broader legal and political environment fixed....
Persistent link: https://www.econbiz.de/10010287652