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This paper provides an analytic review of selected contributions to the study of institutions and economic growth. We …, Johnson and Robinson. We discuss the work of Rodrik and others who focus on institutions and institutional reform and take … new theoretical frameworks by North, Wallis and Weingast and Khan that relate the structure of institutions to short …
Persistent link: https://www.econbiz.de/10010856392
some evidence which suggests that foreign owned firms located in countries with `good' institutions invest relatively more. …
Persistent link: https://www.econbiz.de/10010856457
This paper analyzes periods of economic stagnation in a panel of countries. We test if stagnation episodes are predicted by institutional factors and external/internal shocks, as is implied by recent theoretical contributions, and compare the impacts of these variables with those of traditional...
Persistent link: https://www.econbiz.de/10010856459
institutions before the crisis hits and, interestingly, of positive reforms thereafter. Strong institutions shorten the duration of … interaction effect suggests they can be offset by appropriate institutions. …
Persistent link: https://www.econbiz.de/10010856482
This article aims to highlight the first work of economist Nathan Nunn on slavery and colonization. Indeed, for the latter, these two historical facts, quantifiable consequences, have defined the path of economic development of African countries. Secondly, this paper discusses the findings of...
Persistent link: https://www.econbiz.de/10011260637
Both institutional quality and institutional stability have been argued to stimulate economic growth. But to improve institutional quality, a country must endure a period of institutional change, which implies at least a little and possibly a lot of institutional instability. We investigate the...
Persistent link: https://www.econbiz.de/10005245150
Both institutional quality and institutional stability have been argued to stimulate economic growth. But to improve institutional quality, a country must endure a period of institutional change, which implies at least a little and possibly a lot of institutional instability. We investigate the...
Persistent link: https://www.econbiz.de/10005245159
the quality of local institutions. Although the impact of national institutions on innovation is well-documented, the … China. We examine the adoption of these reforms between 2009 and 2016 as an exogenous shock to regional institutions. Our … highlights the critical role of government institutions in driving innovation across China, bringing to the fore important …
Persistent link: https://www.econbiz.de/10014632817
a concerted strategy between the State and companies, their associations and other institutions, produce significant …
Persistent link: https://www.econbiz.de/10009651582
The quality of contracting institutions has been thought to be of second-order importance next to the impact that good … property rights institutions can have on long-run growth. Using a large range of proxies for each type of institution, we find … a robust negative link between the quality of contracting institutions and long-run growth when we condition on property …
Persistent link: https://www.econbiz.de/10010610568