reduce the growth rate of the public capital stock. We also show that, in the interior equilibrium, the private asset can …

reduce the growth rate of the public capital stock. We also show that, in the interior equilibrium, the private asset can …

The role of institutions in promoting economic growth and development has generated considerable interest among … researchers and practitioners in recent years. This paper explores the role of state institutions in promoting growth using a GMM … econometric model. Specifically it attempted to test impact of two dimensions of institutions on growth using recently developed …

The goal of this paper is to propose a simple paradigm for understanding rent seeking and corruption in the growth … economy is shown to fall into a trap of high rent seeking/corruption and low growth. Agents' perceptions about the external …, income distribution, and growth, as well as the design of tax/growth policies in the presence of rent seeking/corruption. …

corruption-friendly setting caused by a weak institutional framework. We argue that corrupt elites exploit this given … corruption. …

This article shows within a simple growth model how the make up of society affects economic performance when property … resources either peacefully or through contest. For the case of symmetric groups it is shown that economic growth is generated … its intensity and the rate of economic growth depend on social fractionalizaton, general productivity of the economy, and …

Data on the growth performances of countries with similar comparative (dis)advantage and political institutions reveal … a striking variation across world regions. While some former autocracies such as the East Asian growth miracles have …