Narrow search
Showing 1 - 10 of 840
Cover Image
Can integrity replace institutions? : theory and evidence
Aharonovitz, Gilad D.; Skuza, Nathan; Fahs, Faysal - 2009
Institutions are important for proper economic performance, but are replaceable by trust or other social norms. We show … that when proper institutions and trust are missing, integrity of the individuals can replace them. We construct a model of … a transactions-based economy with contracts preceding the transactions, and show that any one of (1) institutions, (2 …
Persistent link: https://www.econbiz.de/10010265978
Cover Image
A Simultaneous Equation Model of Globalization, Corruption, Democracy, Human Development and Social Progress
Mishra, Sudhanshu K. - 2018
, measures of democracy, human development, corruption perception index and per capita income, which in turn jointly influence … 2-SLS. Empirically, it has been established that globalization, democracy, human development and low level of corruption …
Persistent link: https://www.econbiz.de/10012929066
Cover Image
Complementary institutions and economic development : an experimental study
Kloosterman, Andrew; Schotter, Andrew - In: Games and economic behavior 99 (2016), pp. 186-205
Persistent link: https://www.econbiz.de/10011771472
Cover Image
Can integrity replace institutions? : theory and evidence
Aharonovitz, Gilad D.; Skuza, Nathan; Fahs, Faysal - 2009
Institutions are important for proper economic performance, but are replaceable by trust or other social norms. We show … that when proper institutions and trust are missing, integrity of the individuals can replace them. We construct a model of … a transactions-based economy with contracts preceding the transactions, and show that any one of (1) institutions, (2 …
Persistent link: https://www.econbiz.de/10003872201
Cover Image
Growth vs. Level Effect of Population Change on Economic Development : An Inspection into Human-Capital-Related Mechanisms
Boucekkine, Raouf - 2012
This paper studies the different mechanisms and the dynamics through which demography is channeled to the economy. We analyze the role of demographic changes in the economic development process by studying the transitional and the long-run impact of both the rate of population growth and the...
Persistent link: https://www.econbiz.de/10013112451
Cover Image
Non-Linearity in the Finance-Growth Nexus : Evidence from Indonesia
Soedarmono, Wahyoe - 2016
This paper investigates the finance-growth nexus where bank credit is decomposed into investment, consumption, and working capital credit. From a panel dataset of provinces in Indonesia, it documents that higher financial development measured by financial deepening and financial intermediation...
Persistent link: https://www.econbiz.de/10013005195
Cover Image
Two stages of economic development
Gong, Gang - 2016
This study suggests that the development process of a less-developed country can be divided into two stages, which demonstrate significantly different properties in areas such as structural endowments, production modes, income distribution, and the forces that drive economic growth. The two...
Persistent link: https://www.econbiz.de/10011576858
Cover Image
A contribution to the theory of fertility and economic development
Gori, Luca; Sodini, Mauro - 2018
The aim of this research is to build on a theory for explaining economic development in a (neoclassical) growth model with endogenous fertility. The economy is comprised of overlapping generations of rational and identical individuals and identical competitive firms producing with a...
Persistent link: https://www.econbiz.de/10012130325
Cover Image
Two Stages of Economic Development
Gong, Gang - 2017
We suggest that the development process of a less-developed country can be divided into two stages, which demonstrate significantly different properties in areas such as structural endowments, production modes, income distribution, and the forces that drive economic growth. The two stages of...
Persistent link: https://www.econbiz.de/10012966411
Cover Image
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