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Financial institutions and the wealth of nations: tales of development

Tong, Jian; Chenggang, Xu - London School of Economics (LSE) - 2004

Interactions between economic development and financial development are studied by looking at the roles of financial … institutions in selecting R&D projects (including for both imitation and innovation). Financial development is regarded as the … development stages of an economy. At higher development stages a financing regime with ex post selection capacity is more …

Persistent link: https://www.econbiz.de/10010928613

The role of freedom, growth and religion in the taste for revolution

MacCulloch, Robert; Pezzini, Silvia - London School of Economics (LSE) - 2002

of political freedoms versus economic development. This paper takes a new approach to provide an answer by using micro …

Persistent link: https://www.econbiz.de/10010928706

Do Middle Classes Bring Institutional Reforms?

Loayza, Norman; Rigolini, Jamele; Llorente, Gonzalo - Institute for the Study of Labor (IZA) - 2012

than those of lower poverty, lower inequality, or higher GDP per capita. …

Persistent link: https://www.econbiz.de/10011279274

Entrepreneurship, Reforms, and Development: Empirical Evidence

Baliamoune-Lutz, Mina - International Centre for Economic Research (ICER) - 2007

We examine how entrepreneurship and institutional and policy reforms affect development (proxied by the rate of growth …

Persistent link: https://www.econbiz.de/10004972546

The role of freedom, growth and religion in the taste for revolution

Pezzini, Silvia; MacCulloch, Robert - Dipartimento di Economia, Management e Metodi … - 2003

economic development. This paper takes a new approach toprovide an answer by using micro-data based on surveys of revolutionary …

Persistent link: https://www.econbiz.de/10005007323

Financial Institutions and The Wealth of Nations: Tales of Development

Tong, Jian; Xu, Chenggang - William Davidson Institute, University of Michigan - 2004

Interactions between economic development and financial development are studied by looking at the roles of financial … institutions in selecting R&D projects (including for both imitation and innovation). Financial development is regarded as the … evolution of the financing regimes. The e?ectiveness of R&D selection mechanisms depends on the institutions and the development …

Persistent link: https://www.econbiz.de/10005677512

The Organization of Production and Economic Development

Davis, Lewis S. - Economics Department, State University of New … - 1998

A formalization of the Coase-Williamson-Cheung theory of the firm is used to examine the trade-off between the firm and the market as institutions for organizing production in a dynamic, general equilibrium model with increasing returns to labor specialization. The model considers the...

Persistent link: https://www.econbiz.de/10005547940

The Division of Labor, Coordination Costs and the Growth of Government

Davis, Lewis S. - Economics Department, State University of New … - 1998

The paper develops a dynamic, general equilibrium model of specialization-driven growth in which the private cost of coordinating among specialists is a function of public expenditure on physical and institutional infrastructure. Growth is characterized by endogenous increases in labor...

Persistent link: https://www.econbiz.de/10005547942

The Role of Freedom, Growth and Religion in the Taste for Revolution

Pezzini, Silvia; MacCulloch, Robert - Royal Economic Society - RES - 2003

economic development. This paper takes a new approach to provide an answer by using micro-data based on surveys of …

Persistent link: https://www.econbiz.de/10005577162

Financial institutions and the wealth of nations: tales of development

Tong, Jian; Xu, Cheng-Gang - London School of Economics (LSE) - 2004

Persistent link: https://www.econbiz.de/10010745283