pooling applied to Blundell and Bond’s GMM system estimator. The areas of regulations (institutions) are measured by the … variable, and the type of nonlinear impact (concave vs. convex functions). There are many factors affecting both regulations …

growth only in countries with strong institutions: low corruption, strong rule of law, effective governments, and strong … institutions - that also receive more funds - may use such funds less efficiently or wisely. On the other hand, countries that …

investigate how product- and labor-market regulations, as well as the quality of regional governments that implement these … regulations, affect HGF development across European regions. Using data from Eurostat, OECD, WEF, and Gothenburg University, we …. Additionally, we find that the effect of labor- and product-market regulations ultimately depends on the quality of regional …

identify a link between sectoral growth asymmetries and the quality of domestic governance institutions. Especially differences …

in product and labor market regulations for long-term growth and for the adjustment to shocks. We show that with … product and labor market regulations. Less regulated economies are likely to have higher trend growth and recover faster from …