Showing 1 - 10 of 1,627
Does trade improve institutions and contribute to long run growth? I develop a theory of trade, in which trade liberalization provides incentive to change institutions in two ways. On the one hand, trade leads to specialization according to comparative advantage, expanding the industries that do...
Persistent link: https://www.econbiz.de/10011478180
Persistent link: https://www.econbiz.de/10011711847
We present a simple model that illustrates how democracy may improve the quality of economic institutions. The model further suggests that institutional quality varies more across autocracies than across democracy and that the positive effect of democracy on institutional quality is increasing...
Persistent link: https://www.econbiz.de/10012236426
Persistent link: https://www.econbiz.de/10010403294
Persistent link: https://www.econbiz.de/10013264644
Persistent link: https://www.econbiz.de/10012306342
estimation results show a statistically significant and economically relevant positive effect of holding a county capital status …
Persistent link: https://www.econbiz.de/10011866401
conducted adopting fixed effects methodologies (including a Mundlak procedure on a Negative Binomial random effects estimation … probability to receive any investment (binary process). The relation between FDIs and Mafia follows a more insightful pattern, as … projects, implying the investment of higher volumes of money. Similarly, higher levels of corruption are associated with larger …
Persistent link: https://www.econbiz.de/10011514693
Persistent link: https://www.econbiz.de/10011975434
Persistent link: https://www.econbiz.de/10012101215