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concerning the institutional convergence in relation to the EU integration, the institutional capital and the impact of the … implementation of the European integration strategy. * Study within the CEEX Programme Project No. 220/2006 Economic Convergence and … Role of Knowledge in Relation to the EU Integration . …
Persistent link: https://www.econbiz.de/10010529090
What motivates the United States when it casts votes in international organizations? Is there variation in American voting behavior from one IO to another? Answers to these questions have long suffered from the opaque manner by which many international organizations operate and the recalcitrance...
Persistent link: https://www.econbiz.de/10013083949
The close relationship between politics and enterprises made the revolving door wide open and reinforced business influence on political decisions. The paper analyses relationship between firm entry institutions and import competition inside the EU. Though there is a clear tendency for entry and...
Persistent link: https://www.econbiz.de/10010126706
This study presents compelling experimental evidence indicating that the core intertemporal choice anomalies, encompassing extreme short-run impatience, present bias, hyperbolicity, and transitivity violations, are primarily attributable to complexity rather than time or risk preferences....
Persistent link: https://www.econbiz.de/10014353104
In the centuries leading up to the Industrial Revolution, Western Europe gradually pulled ahead of other world regions in terms of technological creativity, population growth, and income per capita. We argue that superior institutions for the creation and dissemination of productive knowledge...
Persistent link: https://www.econbiz.de/10011455581
The institutional perspective of cross-country differences in economic outcomes gives contrasting explanations on the persistence of inefficient institutions in developing countries. Colonization, social fragmentation and the existence and use of natural resources are the most frequently...
Persistent link: https://www.econbiz.de/10013099017
Taking stock of the main approaches to explaining institutional change and its relationship with economic development, this paper proposes an original formal framework to analyze institutional evolution. Institutions have formal (F) and informal (N) aspects that may evolve at different paces,...
Persistent link: https://www.econbiz.de/10013039079
In this paper, we study the role of risk-sharing in entrepreneurship-driven innovation. Studying entrepreneurship and innovation entails modeling an occupational choice and an effort choice. Risk-sharing may increase the number of individuals who become entrepreneurs by limiting the downside...
Persistent link: https://www.econbiz.de/10013161870
Institutional change explains the change of institutions considered as rules and expectations that govern human …
Persistent link: https://www.econbiz.de/10012894942
This paper proposes a formal framework to analyze the process of institutional evolution in relation with economic progress. Institutions have both formal (F) and informal (N) aspects that may exhibit varying processes of change. N is hypothesized to evolve with the level of capital stock, as in...
Persistent link: https://www.econbiz.de/10013027500