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Can Trust Explain Social Capital Effect on Property Rights and Growth?
Hall, Stephen G; Ahmad, Mahyudin - Volkswirtschaftliche Fakultät, … - 2013
political institutions) towards economic growth. Utilizing the World Value Survey (WVS)’s trust variable that has often been … studies, this study shows that WVS’ trust data suffer severe missing observation problem and the panel fixed effect estimation … of social capital beyond the WVS trust indicator. The results also indicate that political institutions effect on growth …
Persistent link: https://www.econbiz.de/10011258083
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Revisiting the link between growth and federalism : a Bayesian model averaging approach
Asatryan, Zareh; Feld, Lars P. - 2013
Following the ambiguous results in the literature aimed at understanding the empirical link between fiscal federalism and economic growth, this paper revisits the question using a Bayesian Model Averaging approach. The analysis suggests that the failure to appropriately account for model...
Persistent link: https://www.econbiz.de/10009777597
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Revisiting the link between growth and federalism: A Bayesian model averaging approach
Asatryan, Zareh; Feld, Lars P. - 2013
Following the ambiguous results in the literature aimed at understanding the empirical link between fiscal federalism and economic growth, this paper revisits the question using a Bayesian Model Averaging approach. The analysis suggests that the failure to appropriately account for model...
Persistent link: https://www.econbiz.de/10010317892
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Revisiting the link between growth and federalism: A Bayesian model averaging approach
Asatryan, Zareh; Feld, Lars P. - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013
Following the ambiguous results in the literature aimed at understanding the empirical link between fiscal federalism and economic growth, this paper revisits the question using a Bayesian Model Averaging approach. The analysis suggests that the failure to appropriately account for model...
Persistent link: https://www.econbiz.de/10010957697
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Do Political Institutions Yield Multiple Growth Regimes?
Coyne, David; Tan, Chih Ming - Rimini Centre for Economic Analysis (RCEA) - 2012
We investigate the effects of political institutions on economic growth. We specifically explore this relationship while controlling for heterogeneity and model uncertainty. We use threshold regression (Hansen (2000)) to search for possible nonlinearities and/or interaction effects with respect...
Persistent link: https://www.econbiz.de/10010552632
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The fragility of social capital
Sabatini, Fabio; Antoci, Angelo; Sodini, Mauro - 2009
parameters representing the relevance of social interaction and trust in well-being and production. When material consumption and …
Persistent link: https://www.econbiz.de/10010279513
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Social capital, government expenditures, and growth
Ponzetto, Giacomo A. M.; Troiano, Ugo - Department of Economics and Business, Universitat … - 2012
We present a tractable stochastic endogenous growth model that explains how social capital influences economic development. In our model, social capital increases citizens' awareness of government activity. Hence, it alleviates the electoral incentives to under- invest in education, whose...
Persistent link: https://www.econbiz.de/10009652113
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The Fragility of Social Capital
Sabatini, Fabio; Antoci, Angelo; Sodini, Mauro - Fondazione ENI Enrico Mattei (FEEM) - 2009
parameters representing the relevance of social interaction and trust in well-being and production. When material consumption and …
Persistent link: https://www.econbiz.de/10005008018
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Social Capital, Government Expenditures, and Growth
Ponzetto, Giacomo AM; Troiano, Ugo - C.E.P.R. Discussion Papers - 2014
We present a tractable stochastic endogenous growth model that explains how social capital influences economic development. In our model, social capital increases citizens' awareness of government activity. Hence, it alleviates the electoral incentives to under-invest in education, whose returns...
Persistent link: https://www.econbiz.de/10011084642
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Institutions and economic growth: Summary and synthesis
Szirmai, Adam - United Nations University-Maastricht Economic Research … - 2013
This paper provides a review and synthesis of the findings of the second phase of a research project on institutions and long-run economic performance. It discusses research findings in five areas, namely (1) the relationship between institutional characteristics and the duration of economic...
Persistent link: https://www.econbiz.de/10010856310