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measure the single dimensions affects economic growth. The results show that over all, institutions promote growth in long run …
Persistent link: https://www.econbiz.de/10008567670
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 …
Persistent link: https://www.econbiz.de/10008567678
institutional reforms have differential growth effects in monarchies and republics. A set of Barrotype regressions show that there … are no significant growth differences between the two regime types and that the effects of incremental reforms do not …
Persistent link: https://www.econbiz.de/10004992685
concise overview of the report in the eight areas it covers: poverty, education, employment and inequality, energy, the …
Persistent link: https://www.econbiz.de/10011185571
the need to establish economic democracy as basis for introducing political democracy. Economic democracy also increases … currently deny economic democracy because they allow concentrated control of money, realty, pension funds and share ownership …
Persistent link: https://www.econbiz.de/10014160868
This paper throws new light on the relationship between income and democracy. Using data for 162 countries over 1960 … political instability, while other potential mechanisms, such as education, investment and inequality, lack comparable empirical … support. These findings are robust to, among others, using night-lights instead of GDP, different democracy measures and …
Persistent link: https://www.econbiz.de/10013412764
What was the impact of urban political structure on economic inequality in preindustrial times? I document that more … closed political institutions were associated with higher economic inequality in a panel of early modern German cities. To … inequality. To mitigate concerns about reverse causality, I exploit the Thirty Years' War (1618-1648) as a plausibly exogenous …
Persistent link: https://www.econbiz.de/10013192123
High-quality data on state-level inequality and incomes, panel data on corruption convictions, and careful attention to … of inequality, which indicate diminished prospects facing those convicted of corruption. In US states over 25 years we … show that inequality and higher government relative wages significantly and robustly produce less corruption. This reverses …
Persistent link: https://www.econbiz.de/10010320993
What was the impact of urban political structure on economic inequality in preindustrial times? I document that more … closed political institutions were associated with higher economic inequality in a panel of early modern German cities. To … inequality. To mitigate concerns about reverse causality, I exploit the Thirty Years' War (1618-1648) as a plausibly exogenous …
Persistent link: https://www.econbiz.de/10013170896
and inequality in initial endowments. We find, consistent with theoretical predictions, that democracy breakdown is more …Many empirical studies have found a positive association between economic development and democracy survival across … question in a laboratory experiment with democracy defined in a narrow sense as the ability of citizens to invest freely in …
Persistent link: https://www.econbiz.de/10010902504