Several studies have examined the relationship between environmental degradation and economic growth. However, most of them did not take into account financial developments and institutional quality. Moreover, Stern (2004) noted that there are important econometric weaknesses in the earlier...

Ziel des Autors ist es, die Entstehung und den Wandel von Normen als Prozeß der Innovation und Diffusion zu erklären und nach Möglichkeiten der empirischen Überprüfung zu suchen. Dabei liegt ein besonderer Schwerpunkt auf den rechtlichen Institutionen und den bisher in der...

Based on five research papers, the dissertation "Institutions and Entrepreneurship" analyzes institutional influences on entrepreneurship, as well as determinants and effects of institutional change. In particular, the effects of implicit institutions, i.e. societal norms and values, on the...

The significance of global environmental issues have been further propelled to the forefront, with the current public awareness highlighted by the 2007 United Nations Intergovernmental Panel on Climate Change, Al Gore's global warming statements and the Stern review. As the most populous nation...

This paper is an attempt to analyze institutional change in the economy synthesizing the original and new methodologies of institutional economics. The concepts of social values, interest groups, and social capital are applied in this context in order to create a theoretical framework based on a...