Showing 1 - 10 of 497
This paper aims to analyze the relationship between institutional quality, corruption level, and economic development …. The methodology makes use of cross-national data developed by the World Bank on perceived levels of corruption … investigate the impact of both institutional framework quality and corruption on economic development. A significant addition to …
Persistent link: https://www.econbiz.de/10013074413
protection (with corruption as an element), access to finance and infrastructure, and the existence of a strong agglomeration …
Persistent link: https://www.econbiz.de/10013163637
corruption. It shows that an improvement in institutional quality reduces the shadow economy and affects the corruption market …. The exact relationship between corruption and institutional quality is, however, ambiguous and depends on the relative … effectiveness of the institutional quality in the shadow and corruption markets. The predictions of the model are empirically tested …
Persistent link: https://www.econbiz.de/10014066711
This paper attempts to shed light on some of the unstated assumptions of the varieties of capitalism framework by comparing it with its 'close relative'-that is, transaction cost economics-as well as neoclassical economics. These comparisons show that, within the varieties of capitalism...
Persistent link: https://www.econbiz.de/10012762192
Theoretical models of the Kuznets Curve have been purely analytical with little contribution towards an understanding of the timing of the process and the presence of additional mechanisms affecting its timing. This paper proposes an agent-based version of Acemoglu and Robinson's model of the...
Persistent link: https://www.econbiz.de/10012057437
The article will focus on regional diversity of the Polish Labor Market from institutional perspective. The Polish Labor Market is geographically diverse in terms of unemployment and employment rates, and also in terms of economic development. At the end of 2013 the difference between the lowest...
Persistent link: https://www.econbiz.de/10012002447
This paper seeks to examine the relationship and the interaction between institutions, policy and the labour market in the light of the ideas of the first generation of institutional economists, who, in contrast to neoclassicals, conceived of the economy as a nexus of institutions, underlining,...
Persistent link: https://www.econbiz.de/10012156339
This chapter summarizes the case for considering money as a legal institution. The Western liberal tradition, represented here by John Locke’s iconic account of money, describes money as an item that emerged from barter before the state existed. Considered as an historical practice, money is...
Persistent link: https://www.econbiz.de/10014153950
The mechanism for correcting the innovation institutions in Russia and Ukraine, which follows from the game model, is proposed. History of origins of innovation institutions in Russia and Ukraine is described. The necessary conditions for the innovator and the company are obtained. The markers...
Persistent link: https://www.econbiz.de/10014041830
The paper aims to examine policy-anchor hypotheses by analysing the impact of WTO accession process on domestic economic policies and institutions of newly acceded WTO members. It shows that the process of obtaining WTO membership, under certain circumstances, can lead to a positive improvement...
Persistent link: https://www.econbiz.de/10003875277