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, geography has also affected colonization policies and, therefore, institutional outcomes. Using non-colonized countries as a … control group, I develop an empirical strategy that disentangles the partial effects of institutions and of endowments on … income. I find that institutions are the main determinant of development, but that endowments have a sizeable direct impact …
Persistent link: https://www.econbiz.de/10003882308
Persistent link: https://www.econbiz.de/10010518018
There is a well-known debate about the role of institutions in explaining the long-term development of countries. We … believe there is value-added to consider the institutions hypothesis at the micro level within a country to analyze the exact … the emergence of institutions relevant for agricultural development, thereby incorporating insights from the literatures …
Persistent link: https://www.econbiz.de/10010255777
the interdependencies of institutions of different types and spatial scales. It aims at developing a conceptual framework … institutional change and economic evolution in regions. The paper offers a review on how institutions have been conceptualised in … the context of evolutionary economic geography, a proposal for understanding regional institutional frameworks and …
Persistent link: https://www.econbiz.de/10011487791
all. Our empirical evidence does, however, support not only the "primacy of institutions" view, but also the important …
Persistent link: https://www.econbiz.de/10011406570
While it is clear that financial depth and economic diversity are prerequisites for the realisation of growth and development objectives, heterogeneous factors that determines financial development remains imperfectly understood. This ambiguity in the structural relations between varied...
Persistent link: https://www.econbiz.de/10012603080
Measurement of both federalism and decentralization has been contentious. We introduce three new indicators reflecting important aspects of both federalism and decentralization. The three new indicators are the result of principal component analysis. When we try to identify their main...
Persistent link: https://www.econbiz.de/10011668291
This paper does three things. First, based on a limited number of theoretically established dimensions, it proposes a new de facto indicator for the rule of law. It is the first such indicator to take the quality of legal norms explicitly into account. Second, using this indicator we shed new...
Persistent link: https://www.econbiz.de/10011668293
experience a growth slowdown at the middle-income range. Although these so-called `deep determinants' such as geography and … institutions have been found to be decisive for the break out of stagnation and for explaining cross-country income differences by …
Persistent link: https://www.econbiz.de/10012205933
The so-called 'deep determinants' of economic growth and development (namely, geography, institutions, and integration …
Persistent link: https://www.econbiz.de/10012205937