Showing 1 - 10 of 4,101
We study the implications of two historical institutions, direct British rule, and the heterogeneous land tenure … institutions implemented by the British, on disparity in present day development using district level data from India. Using …
Persistent link: https://www.econbiz.de/10012508730
phenomenon with yet unclear impact. We develop a unified framework incorporating economic institutions, human capital and … which a positive change of a country's economic institutions can attract inflows of physical capital from abroad, leading to … institutions can lead to substantial divergence in income over time. We derive conditions under which a country receives inflows of …
Persistent link: https://www.econbiz.de/10012696550
This paper contributes to the debate on the relationship between human capital, institutions, and economic growth. The … paper first develops a micro-foundation model linking institutions to human capital. The advantage of our modeling strategy … improvements in the quality of institutions foster human capital accumulation, decrease income inequality and change the historical …
Persistent link: https://www.econbiz.de/10010594717
We construct and estimate a unified model combining three of the main sources of cross-country income disparities: differences in factor endowments, barriers to technology adoption and the inappropriateness of frontier technologies to local conditions. The key components are different types of...
Persistent link: https://www.econbiz.de/10009739171
The paper reexamines Lipset's theory of democratization, by distinguishing the role of (economic) development from that of education, inequality, and (natural) resources. We highlight two contrasting effects of education and human capital accumulation. On the one side, education prompts economic...
Persistent link: https://www.econbiz.de/10011587539
We construct and estimate a unified model combining three of the main sources of cross-country income disparities: differences in factor endowments, barriers to technology adoption and the inappropriateness of frontier technologies to local conditions. The key components are different types of...
Persistent link: https://www.econbiz.de/10014184424
simultaneously examining the relationship between institutions, human capital, and provincial economic development, we find that … endogeneity problems regarding the institutions-development and human capital-development relationship. …
Persistent link: https://www.econbiz.de/10012205955
This research argues that variations in the interplay between cultural assimilation and cultural diffusion have played a significant role in giving rise to differential patterns of economic development across the globe. Societies that were geographically less vulnerable to cultural diffusion,...
Persistent link: https://www.econbiz.de/10014051236
Objective: The objective of the article is to test the bidirectional association of institutions and entrepreneurship … role of institutions in entrepreneurial activity, while ignoring the role of entrepreneurship in the building of … institutions. We estimate how institutions and entrepreneurship relate to each other and contribute to economic growth. For the …
Persistent link: https://www.econbiz.de/10012520176
This study articulates the interaction between institutional governance, education and economic growth. Given the current pursuit of education policy reforms and knowledge economy around the world, it is of policy relevance to theoretically analyze the main mechanisms by which the macroeconomic...
Persistent link: https://www.econbiz.de/10011596860