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The role of the government in entrepreneurship development : evidence from Bosnia and Herzegovina
Dzafić, Zijad; Babajić, Amra - In: Economic review : journal of economics & business 14 (2016) 1, pp. 68-79
as main agents of entrepreneurship in the BiH. …
Persistent link: https://www.econbiz.de/10012012467
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Stronger property rights enforcement does not hurt social welfare : a comment on Gonzalez’ “Effective Property Rights, Conflict and Growth (JET, 2007)”
Yoo, Yoon-ha - 2013
In his recent paper in JET, Gonzalez (2007) issues a warning that gradual improvement in property rights enforcement may sometimes backfire and hurt social welfare through its unintended instigation of appropriative activities. By introducing a new property-rights parameter within the...
Persistent link: https://www.econbiz.de/10009778507
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Effective Property Rights, Conflict and Growth
Gonzalez, Francisco M. - 2009
This paper shows how the interaction between conflict and growth can give rise to a nonmonotone relationship between property rights and social welfare. This interaction is illustrated in a model of endogenous growth in which equilibrium diversion of resources is the cost of securing effective...
Persistent link: https://www.econbiz.de/10014199843
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Chapter 5. Domestic Institutions as a Source of Comparative Advantage
Nunn, Nathan; Trefler, Daniel - In: Handbook of international economics : Volume 4, (pp. 263-315). 2014
Domestic institutions can have profound effects on international trade. This chapter reviews the theoretical and … empirical underpinnings of this insight. Particular attention is paid to contracting institutions and to comparative advantage … advantage to domestic institutions. …
Persistent link: https://www.econbiz.de/10014025381
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What makes a revolution?
MacCulloch, Robert - 1999 - Draft
A fundamental requirement of market economies is the security of ownership claims to property. Yet history is littered with cases of challenges to these claims. A large literature has found contradictory evidence for the effect of income and income inequality on revolt, possibly due to omitted...
Persistent link: https://www.econbiz.de/10010519062
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Insecure property rights and growth : the roles of appropriation costs, wealth effects, and heterogeneity
Long, Ngo Van; Sorger, Gerhard - 2004
We extend the model of insecure property rights by Tornell and Velasco (1992) and Tornell and Lane (1999) by adding three features: (i) extracting the common property asset involves a private appropriation cost, (ii) agents derive utility from wealth as well as from consumption, and (iii) agents...
Persistent link: https://www.econbiz.de/10011450350
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Do institutions Matter for economic performance? : theoretical insights and evidence from Turkey
Çetin, Tamer; Çicen, Yildirim B.; Eryigit, Kadir Y. - 2016
This paper studies whether institutions matter for economic performance. For this aim, we first construct a simple … framework illustrating how to examine the interaction between institutions and economic performance from a different point of … interaction between institutions and economic performance in Turkey. Co-integration analysis finds a long-run relationship between …
Persistent link: https://www.econbiz.de/10011558534
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Chapter 2 Growth with Quality-Improving Innovations: An Integrated Framework
Aghion, Philippe; Howitt, Peter - 2005
In this chapter we argue that the endogenous growth model with quality-improving innovations provides a framework for analyzing the determinants of long-run growth and convergence that is versatile, simple and empirically useful. Versatile, as the same framework can be used to analyze how growth...
Persistent link: https://www.econbiz.de/10014023785
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Neo-institutionalism is not yet a scientific success : a reply to Barry Weingast
McCloskey, Deirdre N. - In: Scandinavian economic history review 65 (2017) 2, pp. 116-123
Persistent link: https://www.econbiz.de/10012008762
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From institutions to financial development and growth : what are the links?
Fernández, Andrés; Tamayo, César E. - 2015
This paper presents an integrated overview of the literature linking institutions, financial development and economic … impact of institutions on growth through financial development. …
Persistent link: https://www.econbiz.de/10011290078