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empower different elites and emphasize the interaction between local and nationwide institutions. We show that rising economic … growth in the centuries to follow. We provide empirical evidence for our core mechanisms and discuss how the model applies to …
Persistent link: https://www.econbiz.de/10014576570
, the timing and causes of the fairs' decline, and the institutions for securing property rights and enforcing contracts at … mechanisms, but was provided by public institutions. More generally, the success and decline of the Champagne fairs depended …
Persistent link: https://www.econbiz.de/10013125358
, the timing and causes of the fairs' decline, and the institutions for securing property rights and enforcing contracts at … mechanisms, but was provided by public institutions. More generally, the success and decline of the Champagne fairs depended …-order institutions ; community ; responsibility system …
Persistent link: https://www.econbiz.de/10009124151
Institutions - the structures of rules and norms governing economic transactions - are widely assigned a central role … in economic development. Yet economic history is still dominated by the belief that institutions arise and survive … because they are economically efficient. This paper shows that alternative explanations of institutions - particularly those …
Persistent link: https://www.econbiz.de/10013316895
quality. Drawing on the trust and corruption literature, several hypotheses about the effect of country size on trust are … having historically weaker representative institutions. However, controlling for political representation, country size has a …
Persistent link: https://www.econbiz.de/10013126964
country. This paper provides the first evidence that the positive effect of importing good institutions cancels out when the … receiving territories are characterized by cultural traits in conflict with those embedded in the imported institutions. We … French institutions in Protestant areas. Then, using hand-collected data on pre-Napoleonic reigns we show that kingdoms with …
Persistent link: https://www.econbiz.de/10011405198
institutions as well as its combination of macro-level and firm-level dimensions. Theoretically, we use the index to propose two … is contingent on the quality of governance, and (2) institutional complementarity has no impact on life expectancy in the … respective economies. We theorize the importance of governance quality as a crucial factor in the analysis of capitalist systems …
Persistent link: https://www.econbiz.de/10014133871
Persistent link: https://www.econbiz.de/10010412822
results suggest that (particularly state) institutions aresignificant for growth and, especially, foreign direct investment …Growth empirics with institutional measures is performed for 25 transition countries overthe period 1990-95. Estimation … is more likely to be a (direct) causation. Only inflation and war seem to have beenrelatively more important for growth …
Persistent link: https://www.econbiz.de/10011300556
The notion that foreign aid harms the institutions of recipient governments remains prevalent. We combine new … disaggregated aid data and various metrics of political institutions to re-examine this relationship. Long-run cross-section and … alternative dynamic panel estimators show a small positive net effect of total aid on political institutions. Distinguishing …
Persistent link: https://www.econbiz.de/10011342274