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. The relationship between the proper level of fiscal decentralization and economic growth for 27 advanced and emerging … associated with lower growth rates, while expenditures decentralization could slightly encourage economic development. The … overall decentralization indicator adversely affected the growth, but that interconnection was not robust. The empirical …
Persistent link: https://www.econbiz.de/10012865398
This paper is interested in explaining the causes of the simultaneous evolution between economic growth and informality … rate is above (below) a threshold of 1.3577, economic growth reduces (increases) informal economic sector. The corruption …, public and private agents to fight corruption, in view of decreasing the informal economic sector through economic growth. …
Persistent link: https://www.econbiz.de/10012817802
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In diesem Beitrag wird zunächst das Wirtschaftswachstum Lateinamerikas im Zeitraum 1950-2001 im internationalen …This paper first analyzes the comparative economic growth performance of Latin America in the period 1950-2001. Then it …
Persistent link: https://www.econbiz.de/10011495369
other financial sectors has a disequalizing income effect. (2) Growth of informal and semi-formal financial sectors at the …
Persistent link: https://www.econbiz.de/10011409823
A large body of evidence suggests that poor countries tend to invest less (have lower PPP - adjusted investment rates) and to face higher relative prices of investment goods. It has been suggested that this happens either because these countries have lower TFP in the investment - good producing...
Persistent link: https://www.econbiz.de/10012727281
An important school of thought in institutional economics (the quot;Rights Hypothesisquot;) holds that economic growth … enjoyed substantial economic growth in recent years.There are many ways to interpret these observations. First, the hypothesis … not immediately apparent. Second, the hypothesis could be right and the observation of growth wrong: either the statistics …
Persistent link: https://www.econbiz.de/10012735634