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institutions precede crises and, interestingly, positive reforms occur thereafter. Strong institutions shorten the duration of … interaction effect suggests they can be offset by appropriate institutions. …
Persistent link: https://www.econbiz.de/10010333418
. According to our preferred interpretation, these events provide evidence that, under weak institutions, popular mobilization and …
Persistent link: https://www.econbiz.de/10011083238
This survey reviews the recent research on trust, institutions and growth. It discusses the various measures of trust … market and the product market. The last part reviews recent progress to identify how institutions and policies can affect …
Persistent link: https://www.econbiz.de/10010319479
) the role of institutions in mediating this impact, with special attention accorded the efficacy of the restraint on the …
Persistent link: https://www.econbiz.de/10010319796
This paper presents a survey of the literature on property rights and economic growth. It discusses different theoretical mechanisms that relate property rights to economic development. Lack of protection of property rights can result in slow economic growth through different channels:...
Persistent link: https://www.econbiz.de/10010320102
It is well established in the long-term development literature that deeply rooted institutions are the fundamental … to which the quality of institutions helps shape international differences in economic complexity – a novel measure of … development. The central hypothesis is that institutions are linked to higher degrees of economic complexity via strengthening …
Persistent link: https://www.econbiz.de/10012515749
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/10013208542
This paper compares more direct measures of the institutional environment with both the instability proxies used by Barro (1991) and the Gastil indices, by comparing their effects both on growth and private investment. The results provide substantial support for the position that the...
Persistent link: https://www.econbiz.de/10008530718
potential role for institutions in determining the strength ¨C and direction ¨C of the scale effect. Using cross-country data …, we find a significant interaction between property rights institutions and the effect of scale on long-run growth: In … countries with poor prop?erty rights institutions, scale is positively related with income per capita; where property rights …
Persistent link: https://www.econbiz.de/10008479251
conflict (civil war) and stagnation of income, increases with the weakness of political institutions, the population growth …
Persistent link: https://www.econbiz.de/10005769625