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party is still in power. By the standards of the Western democracies, China remains to be an authoritarian state. Taken …
Persistent link: https://www.econbiz.de/10011098835
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's political institutions can alleviate the widely known resource curse. Raw material abundance affects per capita growth … democracy and political rights, and also a lower level of educational attainment. These factors inhibit growth. On the other …
Persistent link: https://www.econbiz.de/10005419595
We consider the relative contributions of changing technology and institutions for economic growth through the … the tool of stochastic frontier analysis, we find that both institutions and technology were important for the success of … the Danish dairy industry and, by implication, the growth and early development of the Danish economy. …
Persistent link: https://www.econbiz.de/10009364591
We consider the relative contributions of changing technology and institutions for economic growth through the … the tool of stochastic frontier analysis, we find that both institutions and technology were important for the success of … the Danish dairy industry and, by implication, the growth and early development of the Danish economy. …
Persistent link: https://www.econbiz.de/10008693783
market economy, civic society and democracy, lasting already a generation. The process has evolved more by chance than by …
Persistent link: https://www.econbiz.de/10010739777
degrees) present for all components but that its possible reversal is mainly driven by the interaction between institutions … variability in the importance of resources over time. Finally, we address the issue of institutions being determined by our … resource measures and conclude that some resources certainly seem to influence institutional development, but that this is …
Persistent link: https://www.econbiz.de/10011123969
, demography and institutions). Thus, at all stages of development, forcing economic production to spread evenly across areas is … that the best policy responses vary across African countries (depending on their levels of development, endowments … both elusive and expensive. Policy makers should therefore identify and execute strategies that balance development …
Persistent link: https://www.econbiz.de/10011107833
. We look at three ‘levels’ of institutions and associated conjectures. The first concerns whether the political system …Institutions are now widely believed to be important in explaining performance. In this paper, we analyze whether … commonly used measures of institutions have any significant, measurable impact on performance, whether of countries or firms …
Persistent link: https://www.econbiz.de/10009643426