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Structural reform waves and economic growth

Marrazzo, Pasquale Marco; Terzi, Alessio - 2017

At a time of slow growth in several advanced and emerging countries, calls for more structural reforms are multiplying. However, estimations of the short- and medium-term impact of these reforms on GDP growth remain methodologically problematic and still highly controversial. We contribute to...

Persistent link: https://www.econbiz.de/10011853299

An empirical analysis of state fragility and growth: The impact of state ineffectiveness and political violence

Ferreira, Ines A. - 2018

The role of the state in promoting development is well established in the institutional economics literature. Yet, in recent decades the attention has been turned to the opposite side of the spectrum. Facing high levels of poverty and showing a slower progress in achieving development outcomes,...

Persistent link: https://www.econbiz.de/10011943836

Re-examining the Middle-Income Trap Hypothesis: What to Reject and What to Revive?

Han, Xuehui; Wei, Shang-Jin - 2015

Why do some economies grow faster than others? Do economies in the middle-income range face especially difficult challenges producing consistent growth? Using a transition matrix analysis on decade-level growth rates, we find that the data clearly reject the idea that middle-income economies...

Persistent link: https://www.econbiz.de/10011432856

State Capacity, National Economic Policies and Local Development: The Russian State in the Southern Urals

Asmus, Gerda; Franck, Raphaël - 2022

This study analyzes how state capacity shapes the local impact of national policies by exploiting a quasi-natural experiment in the regional expansion of the state. It uses the local discontinuity created by the boundary of the largest peasant rebellion in 18th century Russia where the state...

Persistent link: https://www.econbiz.de/10013177650

Does Governance Cause Growth? Evidence from China

Wilson, Ross - 2015

This study uses heterogeneous panel Granger causality tests to investigate the causal relationships between quality of governance and economic growth at the provincial level in China during the reform era. I find a significant and positive effect of economic growth on subsequent quality of...

Persistent link: https://www.econbiz.de/10013208723

Institutional hierarchies and economic growth: A bundled approach

Helfer, Helena - 2022

Theoretical and empirical evidence on the relationship between institutions and economic prosperity remains ambiguous … bundled approach for measuring institutions. This approach takes into account interrelations in form of hierarchies between … political, economic and the societal institutions and thereby adds to the literature that deals with the mechanisms of economic …

Persistent link: https://www.econbiz.de/10013465066

Alberto Alesina (1957-2020): Man, Researcher, Professor of Economics, Popularizer

Vindigni, Andrea - 2023

This paper offers an overview of Alberto Alesina's life and of his scholarly work (§ 1 and 2). It will be argued, that Alberto would have entirely deserved the award of the Nobel Prize for Economic Science, except only for his premature passing away. His foundational contribution was the...

Persistent link: https://www.econbiz.de/10014469531

Factor Shares, Redistribution and Growth in a Captured Democracy

Vindigni, Andrea - 2024

A model of endogenous growth is presented, based on productive public expenditures, and featuring some degree of income inequality, and polarization in policy preferences. The main innovation lays in the political process determining capital taxation that relies, both on voting and on "influence...

Persistent link: https://www.econbiz.de/10014469727

Impact of economic freedom on the growth rate: A panel data analysis

Hussain, Mohammed Ershad; Haque, Mahfuzul - In: Economies 4 (2016) 2, pp. 1-15

This study looks at some non-conventional determinants of economic growth, with the help of the newly developed economic freedom index datasets of the Heritage Foundation/Wall Street Journal(HF/WSJ), which is a cumulative index derived from several sub-indices (trade freedom index, financial...

Persistent link: https://www.econbiz.de/10011708717

Legal conflicts of interest of the revolving door

Brezis, Elise S. - 2017

This paper analyzes the conflicts of interest arising from the "revolving door". The revolving door is a common phenomenon, and it is unlikely that most of it can be explained by "regulatory capture", a practice that is unlawful. Therefore, there is a need for a new framework. This paper...

Persistent link: https://www.econbiz.de/10011785716