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INSTITUTIONS AND THE LONG-RUN IMPACT OF EARLY DEVELOPMENT
Ang, James B. - Department of Econometrics and Business Statistics, … - 2012
of the variations in institutions. These indicators are adjusted with large-scale movements of people across … population have facilitated the diffusion of knowledge when they migrate. The exogenous component of institutions due to … early development and current economic performance works through the channel of institutions and that better institutions …
Persistent link: https://www.econbiz.de/10010615302
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Institutions and the long-run impact of early development
Ang, James B. - In: Journal of Development Economics 105 (2013) C, pp. 1-18
of the variations in institutions. These indicators are adjusted with large-scale movements of people across … population have facilitated the diffusion of knowledge when they migrate. The exogenous component of institutions due to … early development and current economic performance works through the channel of institutions and that better institutions …
Persistent link: https://www.econbiz.de/10010719888
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Are modern financial systems shaped by state antiquity?
Ang, James B. - In: Journal of Banking & Finance 37 (2013) 11, pp. 4038-4058
We demonstrate that existing differences in financial development between countries can be explained by the cumulative variations in their levels of state experience since 1AD. This dimension of early historical development has not been considered so far in studies that analyze the determinants...
Persistent link: https://www.econbiz.de/10010703240
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Institutions and the long-run impact of early development
Ang, James B. - In: Journal of development economics 105 (2013), pp. 1-18
Persistent link: https://www.econbiz.de/10010237442
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From optimal to stagnant growth: The role of institutions and culture
Petrakis, Panagiotis E.; Valsamis, Dionysis G.; Kafka, … - In: Journal of Innovation & Knowledge (JIK) 2 (2017) 3, pp. 97-105
Optimal growth requires pro-growth institutions and culture. In an optimal growth pattern, institutions and culture … facilitate entrepreneurship and innovation. In contrast, if the development and coevolution of institutions and culture are … and innovation activity. Policymakers should therefore plan and implement pro-growth structural changes to institutions …
Persistent link: https://www.econbiz.de/10011946731
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Risk-sharing and entrepreneurship
Kilström, Matilda; Roth, Paula - 2022
In this paper, we study the role of risk-sharing in entrepreneurship-driven innovation. Studying entrepreneurship and innovation entails modeling an occupational choice and an effort choice. Risk-sharing may increase the number of individuals who become entrepreneurs by limiting the downside...
Persistent link: https://www.econbiz.de/10013330003
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Institutions and Innovations as Sources of Productivity Growth Cross-Country Evidence
Strobel, Thomas - 2010
cross-country income differences. This paper analyzesthe effects of institutions and innovations on country productivity … growth. The empiricalevidence shows that institutions and innovations matter, in particular for human capitalefficiency …. Without controlling for endogeneity the effect of innovations turns significantonly when aggregate institutions indexes or …
Persistent link: https://www.econbiz.de/10010312133
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Contract enforcement and R&D investment : conference paper
Seitz, Michael; Watzinger, Martin - 2013
In this article we study the relation between the quality of contract enforcement and R&D investment across countries and industries. If companies invest successfully in R&D they are open for exploitation by their supplier if supply contracts are not enforceable. This hold-up problem can reduce...
Persistent link: https://www.econbiz.de/10010342222
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Risk-sharing and entrepreneurship
Kilström, Matilda; Roth, Paula - 2022
In this paper, we study the role of risk-sharing in entrepreneurship-driven innovation. Studying entrepreneurship and innovation entails modeling an occupational choice and an effort choice. Risk-sharing may increase the number of individuals who become entrepreneurs by limiting the downside...
Persistent link: https://www.econbiz.de/10013161870
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From optimal to stagnant growth : the role of institutions and culture
Petrakēs, Panagiōtēs E.; Valsamis, Dionysis G.; … - In: Journal of innovation & knowledge : JIK 2 (2017) 3, pp. 97-105
Optimal growth requires pro-growth institutions and culture. In an optimal growth pattern, institutions and culture … facilitate entrepreneurship and innovation. In contrast, if the development and coevolution of institutions and culture are … and innovation activity. Policymakers should therefore plan and implement pro-growth structural changes to institutions …
Persistent link: https://www.econbiz.de/10011847076