Showing 1 - 10 of 14,517
It is widely believed that international wage differences are a result of international productivity differences. That … belief has been criticized by various economists for the differential in wages being much higher than in productivity …. Another criticism has been that productivity increases in developing countries have tended to lead to lower world prices for …
Persistent link: https://www.econbiz.de/10005551550
We investigate the possible interaction effects that the extent of property rights protection and separation of powers in a political system have on economic growth. Using analysis of panel data from more than countries over the period 1970-2010 we find that the growth effects of property rights...
Persistent link: https://www.econbiz.de/10011112508
As by product of economic growth, jobs are indeed transformational. In other words, efficiency increases as workers get better at what they do (as more productive jobs appear and less productive one disappear). In fact societies flourish as jobs bring together people from different ethnic and...
Persistent link: https://www.econbiz.de/10011107833
democracy and the fight against corruption on trade. We use a gravity model inspired and adapted from Anderson and van Wincoop … bilateral trade, before regressing the country fixed-effects to test for the consequences of democracy and the fight against …
Persistent link: https://www.econbiz.de/10005243414
, Governance and Democracy) were added to the 1-2-3 surveys carried out in 2001, 2002 or 2003 in major cities in eight countries …(english) New factors such as governance, ownership and citizen’s participation are now a central focus of development …
Persistent link: https://www.econbiz.de/10005416729
New factors such as governance, ownership and citizen’s participation are now a central focus of development programmes … development and for monitoring them in quantitative terms. Three specific modules (Multiple Dimensions of Poverty, Governance and … Democracy) were added to the 1-2-3 surveys carried out in 2001, 2002 or 2003 in major cities in eight countries (Benin, Burkina …
Persistent link: https://www.econbiz.de/10011072021
Relying on a large sample of countries, this paper quantifies the effect of political constraints, as measured by legislative control by the incumbent government, on the size of fiscal stimulus packages that have been put in place as reaction to the Great Recession. The results suggest that on...
Persistent link: https://www.econbiz.de/10010886176
Episodes of economic growth that lead to reductions in poverty and inequality are relatively rare in developing countries. In this paper, we examine the institutional foundations of such growth episodes. We argue that the institutional factors that lead to accelerations in economic growth will...
Persistent link: https://www.econbiz.de/10011009740
‘Constitutions and Commitments” has inspired the economic literature on the importance of “Legal origins” (LaPorta et al., 1998, 2008), which vindicates the notion that post-Glorious Revolution English institutions were particularly conducive to economic growth. More recently economists...
Persistent link: https://www.econbiz.de/10011259783
Institutions that serve the interests of an elite are often cited as an important reason for poor economic performance. This paper builds a model of institutions that allocate resources and power to maximize the payoff of an elite, but where any group that exerts sufficient fighting effort can...
Persistent link: https://www.econbiz.de/10009649750