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Can limited government be a driving force of economic development? This idea goes back to Montesquieu, and is closely related to recent research in institutional economics. Measuring limited government with the Henisz political constraints index, and economic development with income per capita,...
Persistent link: https://www.econbiz.de/10005687639
Can limited government be a driving force of economic development? This idea goes back to Montesquieu, and is closely related to recent research in institutional economics. Measuring limited government with the Henisz political constraints index, and economic development with income per capita,...
Persistent link: https://www.econbiz.de/10003746834
Can limited government be a driving force of economic development? This idea goes back to Montesquieu, and is closely related to recent research in institutional economics. Measuring limited government with the Henisz political constraints index, and economic development with income per capita,...
Persistent link: https://www.econbiz.de/10009959079
In this paper, a comparison is made of the level of economic development between South Asia and East Asia, and the East Asian Development Model (EADM) is analysed as well as empirically examined. Several development indicators reveal that South Asia in general is far behind East Asian countries...
Persistent link: https://www.econbiz.de/10010903983
This paper argues that the conflicts that afflicted the Western Balkan region in the 1990s pushed the countries into the European ‘super-periphery’, characterised by deindustrialisation and high unemployment, ethnic and regional fragmentation, political turmoil, and instability. Integration...
Persistent link: https://www.econbiz.de/10010938620
The comparison of the periods of rapid economic growth in China since 1978 and India since 1992 markedly show different patterns of development and structural change. However, both countries experienced some advantages of "relative economic backwardness" and some aspects of the "fordist model of...
Persistent link: https://www.econbiz.de/10005002393
Recently, for the first time, international data on IQ scores across countries have become available. The new data opens up the exciting possibility of using cross country analysis to study IQ and its determinants. One important potential determinant of IQ is income inequality. The purpose of...
Persistent link: https://www.econbiz.de/10005062992
What obstacles prevent the most productive technologies from spreading to less developed economies from the world’s technological frontier? In this paper, we seek to shed light on this question by quantifying the geographic and human barriers to the transmission of technologies. We argue that...
Persistent link: https://www.econbiz.de/10014025608
Thailand and the Republic of Korea were developing at a similar pace during the 1960s. However, the Republic of Korea’s economic development rapidly expanded from the 1970s onward, leaving Thailand lagging far behind. This paper investigates the labor productivity slowdown in Thailand using a...
Persistent link: https://www.econbiz.de/10014333419
This paper aims at estimating the effect of different types of institutions on economic development. To tackle the endogeneity problem that is prevalent, an identification strategy exploiting the heteroskedasticity in the data is used. This also allows to analyze the reverse effect, running from...
Persistent link: https://www.econbiz.de/10010558830