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compared to the rest of the world. We focus on the role of the quality of informal institutions as measured by the World Value … Survey (WVS) and formal institutions as measured by the International Country Risk Guide (ICRG) and the World Governance … quality of institutions. The resulting specification is estimated on a sample of 74 developed and developing countries over …
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The risk perceived by investors is crucial in the decision to invest, in particular when it concerns a foreign country. The investment risk associated is a multi-faceted element given that it reflects many aspects that are relevant to (foreign) investors, such as the level of transparency,...
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institutional quality for three Maghreb countries (Algeria, Morocco and Tunisia), which we derive from fuzzy-set based …
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this change to the reversal in the nature of economic institutions, which eat underwent a series of growth …
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the quality of local institutions. Although the impact of national institutions on innovation is well-documented, the … China. We examine the adoption of these reforms between 2009 and 2016 as an exogenous shock to regional institutions. Our … highlights the critical role of government institutions in driving innovation across China, bringing to the fore important …
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