Thanh, Thuy Vu; Zouikri, Messaoud; Deffains, Bruno - In: CESifo economic studies : CESifo, a joint initiative of … 60 (2014) 3, pp. 613-652
Formal and informal institutions are often viewed as complements or substitutes in empirical and theoretical studies. In this article, we find no evidence of complementary or substitutive relationships in our empirical analysis of the relationship between formal and informal decentralization...