creates continuous and dichotomous indices. We use the SVM indices to investigate the effect of democratic institutions on … economic development, and find that democracies grow faster than autocracies. Furthermore, we illustrate how the estimation …

cause of differences in economic development. We first document the empirical importance of institutions by focusing on two …This paper develops the empirical and theoretical case that differences in economic institutions are the fundamental … “quasi-natural experiments” in history, the division of Korea into two parts with very different economic institutions and …

; comparative development …

We consider the relative contributions of changing technology and institutions for economic growth through the … the tool of stochastic frontier analysis, we find that both institutions and technology were important for the success of … the Danish dairy industry and, by implication, the growth and early development of the Danish economy. …

of good institutions (especially a high quality of regulation) can in part prevent this effect, which can be cautiously … institutions, these losses may be prevented or mitigated. …

This dissertation examines the role that institutions play in the existence of multiple equilibria in models of … economic development. In addition, it examines the dynamics of transition between such equilibria. In the first chapter of this … dissertation presents an empirical test for the role that human capital and institutions may play in transitions between equilibria …

's political institutions can alleviate the widely known resource curse.Raw material abundance affects per capita growth negatively …