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The ratings of economic and political institutions are well-known and widely used in the Social Science literature ….e., for a cross-section analysis). In this paper we propose two new indicators of institutional quality for 154 countries …. These indicators are constructed in a way that minimizes the subjectivity of the evaluations. Only the presence or absence …
Persistent link: https://www.econbiz.de/10010929542
Democracy's indicators and Economic Growth. Protection of the Private property rights requires, first and foremost, due … the free speech; religious freedom and other "political rights" should be respected. Democracy, as political competition …
Persistent link: https://www.econbiz.de/10010640684
Ratings evaluating the quality of institutions are widely known; they are generally used in academic and research … group of variables of our own, using evaluations of “political” institutions only to ascertain the presence or absence of a … Rule of Law Democracy and Limited Government (both are quite clearly defined in a formal manner) provides a long …
Persistent link: https://www.econbiz.de/10010640678
Democracy's indicators and Economic Growth. Protection of the Private property rights requires, first and foremost, due … the free speech; religious freedom and other "political rights" should be respected. Democracy, as political competition …
Persistent link: https://www.econbiz.de/10014159690
institutions only to ascertain the presence or absence of a certain phenomenon (yes/no). Such a set of variables makes a cross …-section analysis feasible. The countries' experience in Rule of Law Democracy and Limited Government (both are quite clearly defined in … propose a thoroughly simple rating based on combining the proposed variables with indices and indicators which have already …
Persistent link: https://www.econbiz.de/10013064317
The ratings of economic and political institutions are well-known and widely used in the Social Science literature ….e., for a cross-section analysis). In this paper we propose two new indicators of institutional quality for 154 countries …. These indicators are constructed in a way that minimizes the subjectivity of the evaluations. Only the presence or absence …
Persistent link: https://www.econbiz.de/10013047445
Democracy's indicators and Economic Growth. Protection of the Private property rights requires, first and foremost, due … the free speech; religious freedom and other "political rights" should be respected. Democracy, as political competition …
Persistent link: https://www.econbiz.de/10010739648
political institutions (Democracy) and economic institutions (Rule of Law). One of the main findings of this paper is that the …, which is in keeping with previous results. These results provide further support for the hypothesis that institutions …
Persistent link: https://www.econbiz.de/10010744239
In this paper we explore current understandings of the influence of political rights, among historical legacies, on economic development. We construct variables for selected political regimes for 1811-2010. We find significant association between individual rights and economic growth. We argue...
Persistent link: https://www.econbiz.de/10011398228
In this paper we explore current understandings of the influence of political rights, among historical legacies, on economic development. We construct variables for selected political regimes for 1811-2010. We find significant association between individual rights and economic growth. We argue...
Persistent link: https://www.econbiz.de/10011375104