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; development ; growth ; competition ; contestability …This paper argues that economic competition and political contestability are two key determinants of the successful … development of the Swiss economy in the nineteenth and twentieth century. We describe how Switzerland evolved from a relatively …
Persistent link: https://www.econbiz.de/10003845180
different growth trajectories if they differently motivate risk-taking. Historically, risk sharing institutions were selected … based on their cultural and institutional compatibility and not their unforeseen growth implications. We simulate our growth … previous growth-theoretic models to highlight that transitions can transpire even in the absence of exogenous productivity …
Persistent link: https://www.econbiz.de/10010278525
different growth trajectories if they differently motivate risk-taking. Historically, risk sharing institutions were selected … based on their cultural and institutional compatibility and not their unforeseen growth implications. We simulate our growth … previous growth-theoretic models to highlight that transitions can transpire even in the absence of exogenous productivity …
Persistent link: https://www.econbiz.de/10008926963
a major determinant of the comparatively slow development of resource- or land-abundant regions like South America and …, development is faster in a democratic system. We also endogenize the trade regime and demonstrate that, in political equilibrium …
Persistent link: https://www.econbiz.de/10010273741
a major determinant of the comparatively slow development of resource- or land-abundant regions like South America and …, development is faster in a democratic system. We also endogenize the trade regime and demonstrate that, in political equilibrium …
Persistent link: https://www.econbiz.de/10010261261
a major determinant of the comparatively slow development of resource- or land-abundant regions like South America and …, development is faster in a democratic system. We also endogenize the trade regime and demonstrate that, in political equilibrium …
Persistent link: https://www.econbiz.de/10013318979
a major determinant of the comparatively slow development of resource- or land-abundant regions like South America and …, development is faster in a democratic system. We also endogenize the trade regime and demonstrate that, in political equilibrium …
Persistent link: https://www.econbiz.de/10013319119
a major determinant of the comparatively slow development of resource- or land-abundant regions like South America and …, development is faster in a democratic system. We also endogenize the trade regime and demonstrate that, in political equilibrium …
Persistent link: https://www.econbiz.de/10002388591
a major determinant of the comparatively slow development of resource- or land-abundant regions like South America and …, development is faster in a democratic system. We also endogenize the trade regime and demonstrate that, in political equilibrium …
Persistent link: https://www.econbiz.de/10011450834
Industrial policies, such as infrastructure investments and export tariffs, affect the allocation of labor and incomes across sectors, attracting substantial lobbying efforts by special interest groups. Yet, the link between structural change and lobbying remains underexplored. Using more than...
Persistent link: https://www.econbiz.de/10014575605