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institutions, geography, and integration on per capita income. Concerning theoretical reasoning, emphasis is on the emergence of … institutions and their effect on economic growth. However, institutions can appear in different shapes since political, legal, and …, a differentiation between formal and informal institutions is made. Informal institutions are defined as beliefs …
Persistent link: https://www.econbiz.de/10010300070
This paper presents an integrated overview of the literature linking institutions, financial development and economic … impact of institutions on growth through financial development. …
Persistent link: https://www.econbiz.de/10011314189
supporting institutions such as property rights and rule of law. But how do these two aspects of the institutional environment …
Persistent link: https://www.econbiz.de/10011559134
This paper investigates institutions for the creation and transmission of knowledge as efficient resource allocation … society to preserve two different institutions, partly rival and partly complementary, and examines the major policy …
Persistent link: https://www.econbiz.de/10011608341
This paper revisits the tragedy of the commons when agents have different capabilities in both production and encroachment activities, and can allocate their time between them. Under fairly general assumptions on production and encroachment technologies, an individual's expected income is convex...
Persistent link: https://www.econbiz.de/10011608842
This paper examines the effect of trade integration and comparative advantage on one of a country’s institutions, which …
Persistent link: https://www.econbiz.de/10011615926
This paper presents econometric evidence of the effects of economic incentives and institutions on national aggregate …-1995. We find strong impacts of both incentives and institutions on private agricultural R&D investment, and including …
Persistent link: https://www.econbiz.de/10009443114
Policy interest since the early 1980s has focused in different ways on the crea-tion of a large, productive, taxable economy - in which entrepreneurship plays a role for employment, income growth and innovation. The current understanding of various forms of entrepreneurship remains incomplete,...
Persistent link: https://www.econbiz.de/10010271774
We develop entrepreneurship and institutional theory to explain variation in different types of entrepreneurship across individuals and institutional contexts. Our framework generates hypotheses about the negative impact of higher levels of corruption, weaker property rights and especially...
Persistent link: https://www.econbiz.de/10010274639
The paper tries to improve our understanding on the role of institutions in development by critically examining the … current orthodox discourse on institutions and highlighting some of its key problems. After discussing some definitional …
Persistent link: https://www.econbiz.de/10010279261