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The influence of state institutions on economic growth dynamics is an important subject of analysis in economics … institutional economy (political and economic institutions). Nowadays in India and Pakistan we can observe relatively high rates of … economic growth. However, this states differ significantly in economic conditions that are defined by institutions. The sources …
Persistent link: https://www.econbiz.de/10011997504
Three important aspects of development—per capita income, state capabilities, and (the absence of) political violence—are correlated with each other at the country level. This article discusses the causes of such development clusters and highlights two explanations: common economic,...
Persistent link: https://www.econbiz.de/10011004693
variables, we find that (i) resource abundance, constitutions and institutions determine resource dependence, (ii) resource …
Persistent link: https://www.econbiz.de/10003459205
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that institutions have a first-order effect on growth cannot explain the persistent economic decadence of a country that in … precede inclusive institutions face a similar problem, since Argentina was one of the most educationally advanced countries in …
Persistent link: https://www.econbiz.de/10010518746
An important question in development studies is how abundance of natural resources affects long-term economic growth. No consensus answer, however, has yet emerged, with approximately 40% of empirical papers finding a negative effect, 40% finding no effect, and 20% finding a positive effect....
Persistent link: https://www.econbiz.de/10011432122
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An important question in development studies is how abundance of natural resources affects long-term economic growth. No consensus answer, however, has yet emerged, with approximately 40% of empirical papers finding a negative effect, 40% finding no effect, and 20% finding a positive effect....
Persistent link: https://www.econbiz.de/10011375693
Persistent link: https://www.econbiz.de/10011348409