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Slavery, education, and inequality
Bertocchi, Graziella; Dimico, Arcangelo - 2010
We investigate the impact of slavery on the current performances of the US economy. Over a cross section of counties, we find that the legacy of slavery does not affect current income per capita, but does affect current income inequality. In other words, those counties that displayed a higher...
Persistent link: https://www.econbiz.de/10010278600
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An Institutional Risk Analysis of the Kazakh Economy
Röhn, Oliver; Orazbayev, Sultan; Sarinzhipov, Aslan - 2009
This paper investigates the impact of institutions or structural policies on the volatilityof income or GDP per capita …
Persistent link: https://www.econbiz.de/10010312058
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Book Review - "Why Nations Fail" by Daron Acemoglu and James A. Robinson
Can, Raif - In: Central Bank Review 13 (2013) 1, pp. 83-88
institutions are the fundamental cause of the income inequality in today’s world. They make a distinction between inclusive and … extractive institutions in terms of their impact on a nation’s development. While inclusive political and economic institutions … spur economic prosperity, extractive ones explain why some nations are poor. This book intensely discusses how institutions …
Persistent link: https://www.econbiz.de/10010941574
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Slavery, education, and inequality
Bertocchi, Graziella; Dimico, Arcangelo - In: European Economic Review 70 (2014) C, pp. 197-209
We investigate the effect of slavery on the current level of income inequality across US counties. We find that a larger proportion of slaves over population in 1860 persistently increases inequality, and in particular inequality across races. We also show that a crucial channel of transmission...
Persistent link: https://www.econbiz.de/10010930996
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Corruption and economic growth: A meta-analysis of the evidence on low-income countries and beyond
Ugur, Mehmet; Dasgupta, Nandini - Volkswirtschaftliche Fakultät, … - 2011
Corruption is a symptom and outcome of institutional deficiency, with potentially adverse effects on economic growth. This paper aims to provide a synthesis of the existing evidence on the relationship between corruption and economic growth - controlling for effect type, data sources, and...
Persistent link: https://www.econbiz.de/10009372561
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Slavery, Education, and Inequality
Bertocchi, Graziella; Dimico, Arcangelo - Institute for the Study of Labor (IZA) - 2010
We investigate the impact of slavery on the current performances of the US economy. Over a cross section of counties, we find that the legacy of slavery does not affect current income per capita, but does affect current income inequality. In other words, those counties that displayed a higher...
Persistent link: https://www.econbiz.de/10008742948
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An Institutional Risk Analysis of the Kazakh Economy
Röhn, Oliver; Orazbayev, Sultan; Sarinzhipov, Aslan - ifo Leibniz-Institut für Wirtschaftsforschung an der … - 2009
This paper investigates the impact of institutions or structural policies on the volatilityof income or GDP per capita …
Persistent link: https://www.econbiz.de/10005046812
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Globalization and Income Convergence
Wolf, Kaitlyn R.; Young, Andrew T. - Department of Economics, College of Business and Economics - 2014
characteristics with rich countries. Good institutions such as strong property rights and rule-of-law are key amongst those … those institutions to developing countries. Worse, good informal institutions seem to be a necessary condition for formal … institutions to "stick". However, to the extent that good institutions can arise as a "spontaneous order" from individuals …
Persistent link: https://www.econbiz.de/10010796069
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Institutions, Foreign Direct Investment, and Domestic Investment: crowding out or crowding in?
Farla, Kristine; de Crombrugghe, Denis; Verspagen, Bart - United Nations University-Maastricht Economic Research … - 2013
Studies of the relationship between FDI and domestic investment levels reach contradictory findings. We revisit this empirical relationship and argue that some of the conflicting evidence may be explained by the use of poor proxies for the true underlying variables and by questionable...
Persistent link: https://www.econbiz.de/10010712201
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Institutions, the resource curse and the transition economies: further evidence
Spreafico, Marta - Dipartimenti e Istituti di Scienze Economiche, … - 2013
Based on the various works on the relevance of the institutional arrangements for a country’s economic performance, this paper studies the role and the determinants of the reform policies for the development paths of the transition countries. Looking at the U.S.S.R breakdown as an extremely...
Persistent link: https://www.econbiz.de/10010819049