Showing 1 - 10 of 12
In this paper, we test the Rodrik et al (2004) framework to explain differences in development levels across countries by using a broader set of definitions for institutions, geography and economic variables. We use a multi-faceted database to measure institutions in an attempt to go beyond the...
Persistent link: https://www.econbiz.de/10010856330
National framework conditions mediate the effect of technological capabilities of firms on their productivity. Although this has been recognized in the literature for a long time, a quantitative test that explicitly considers this hypothesis has been lacking. Using a World Bank datasets of about...
Persistent link: https://www.econbiz.de/10010856344
This paper provides an analytic review of selected contributions to the study of institutions and economic growth. We review the contributions to the study of institutional determinants of long-run growth by Engerman and Sokoloff, and Acemoglu, Johnson and Robinson. We discuss the work of Rodrik...
Persistent link: https://www.econbiz.de/10010856392
This paper analyzes periods of economic stagnation in a panel of countries. We test if stagnation episodes are predicted by institutional factors and external/internal shocks, as is implied by recent theoretical contributions, and compare the impacts of these variables with those of traditional...
Persistent link: https://www.econbiz.de/10010856459
This paper defines economic slumps as a sequence of structural breaks exhibiting a specific pattern. We identify 58 such episodes between 1950 and 2008 among a large sample of countries, and then examine the phases of decline. In several countries declines last extremely long, and we suggest...
Persistent link: https://www.econbiz.de/10010856482
The empirical literature on economic growth agrees that institutions and governance are important determinants of long-run economic growth rates. As a stylized fact, this literature points to a strong correlation between the level of GDP per capita and the general development level of...
Persistent link: https://www.econbiz.de/10010712043
I take as a starting point that the location-specific assets of the home country determine to a significant degree firm-specific assets of its firms and MNEs. This strong bond persists because of the interdependence between actors within a system, which has a growing cross-border aspect due to...
Persistent link: https://www.econbiz.de/10010712165
Migrant-sending countries are increasingly exploring schemes where human capital of expatriates can be used for the benefit of the home country's socioeconomic development. This paper focuses on the mechanisms of emigration management and problematizes the government involvement in diaspora...
Persistent link: https://www.econbiz.de/10010712248
Despite a well-developed science and technology base and considerable industrial capacity during the soviet era, Russia has largely failed to create a competitive industrial sector despite two decades of transition. This paper seeks to understand why Russia has not succeeded despite having...
Persistent link: https://www.econbiz.de/10010712287
The notion of state capacity has attracted renewed interest over the last few years, in particular in the study of violent conflict. Yet, state capacity is conceived differently depending on whether the interest lies in the state's power to discourage violent conflict, in its ability to...
Persistent link: https://www.econbiz.de/10010712302