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Using data on institutional quality and the KOF Globalization Index, we examine over 100 countries from1992 to2010 to analyze the relationship between economic and social globalization and six measures of institutional quality, thereby testing Montesquie’s doux commerce thesis, that economic...
Persistent link: https://www.econbiz.de/10014151070
This paper analyzes the relationship between three dimensions (economic, social, and political) of globalization and life expectancy using a panel of 92 countries covering the 1970-2005 period. Using different estimation techniques and sample groupings, we find that economic globalization has a...
Persistent link: https://www.econbiz.de/10014151072
Using World Bank data on institutional quality and the KOF Globalization Index, we examine over 100 countries from 1992 to 2010 to analyze the relationship between economic and social globalization and six measures of institutional quality. Theoretically, the incentives of elites to respond to...
Persistent link: https://www.econbiz.de/10014149444
Private universities, as opposed to publicly financed ones, are dominant in some countries and almost non-existent in others. We develop a dynamic model to demonstrate that private providers emerge as soon as they can profitably sell an elite signal to the most highly talented. As private...
Persistent link: https://www.econbiz.de/10014059355
The literature on the relationship between the size of government and economic growth is full of seemingly contradictory findings. This conflict is largely explained by variations in definitions and the countries studied. An alternative approach - of limiting the focus to studies of the...
Persistent link: https://www.econbiz.de/10014187531
This paper asks whether the sensitivity of market long-term interest rates and credit ratings is associated with cross-country differences in informal institutions, measured by social trust. We note a number of theoretical mechanisms that could imply that similar objective problems are more...
Persistent link: https://www.econbiz.de/10013030372
In our 2011 survey of the literature in the Journal of Economic Surveys on the effect of government size on economic growth in wealthy countries we find a relatively consistent pattern: an increase in government size by 10 percentage points is associated with a 0.5 to 1 percentage point lower...
Persistent link: https://www.econbiz.de/10013030929
The discussion of the growth consequences of socialism has fulminated for a century, sparked off by the Calculation Debate in the 1920s and 30s, and has concerned the performance of the Soviet Union in the 1950s and the mixed development in the 1990s after communism collapsed in Central and...
Persistent link: https://www.econbiz.de/10015054235
Persistent link: https://www.econbiz.de/10008491863
Using data from the World Value Survey we examine first and second generation immigrants’ attitudes towards income inequality and redistribution. We find that first generation immigrants are on average less favorable to redistribution compared to non-immigrants. This effect is particularly...
Persistent link: https://www.econbiz.de/10004980179