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translation of innovation into economic growth. It is suggested that generating a development strategy designed to improve social …, quality of life indicators and economic growth in the Italian regions. Previous studies stress the importance of institutional … literature, we consider a three-sector model of semi-endogenous growth with negative externalities depending on structural and …
Persistent link: https://www.econbiz.de/10009370176
This research explores the origins of loss aversion and the variation in its prevalence across regions, nations and ethnic group. It advances the hypothesis and establishes empirically that the evolution of loss aversion in the course of human history can be traced to the adaptation of...
Persistent link: https://www.econbiz.de/10011800629
cause of differences in economic development. We first document the empirical importance of institutions by focusing on two … with political institutions and the distribution of resources as the state variables. These variables themselves change …. Economic institutions encouraging economic growth emerge when political institutions allocate power to groups with interests in …
Persistent link: https://www.econbiz.de/10014023781
beneficial in early stages of development, generated in later stages a hurdle for human capital accumulation and economic growth … from an agrarian to an industrial economy, generating diverging growth patterns across countries. Land abundance, which was … of industrialization affected the transition to modern growth and has brought about changes in the ranking of countries …
Persistent link: https://www.econbiz.de/10005792428
The links between the development of human potential and its various structures on one hand, and economic growth and … development, on the other hand, represent a concern of exceptional importance for contemporary economic theory. Concerning the … economic growth, but also a virtual receiver of the output of economic activities. On one hand, economic growth affects the …
Persistent link: https://www.econbiz.de/10010897084
Praktisch alle wirtschaftlich entwickelten Länder der Welt sind demokratisch. Sind demokratische Strukturen also kausal für wirtschaftlichen Wohlstand und Wachstum? Oder ist es vielmehr der wirtschaftliche Entwicklungsstand eines Landes, der eine Demokratie erst ermöglicht? Dieser Artikel...
Persistent link: https://www.econbiz.de/10005822946
specialists have little occasion to go back to revisit the pioneers. In the field of economic development, Albert Hirschman is …
Persistent link: https://www.econbiz.de/10005769881
the process of development. A simple general equilibrium model of rent-seeking political elites with two productive …
Persistent link: https://www.econbiz.de/10005124016
approach, which considers that inequality inflicts direct and indirect costs to economic development. An endogenous-growth … of all equilibria is acontinuum which can be parameterized by a simple index of income inequality. The growth rate is … ambiguously related to the inequality index. However, under some reasonable assumptions, the growth rate dependence on this index …
Persistent link: https://www.econbiz.de/10005043701
In this multi-country study, sample countries selected from each segment of development levels areanalysed in terms of …, transition countries, Asian countries and Middle-East countries had been analysed and compared in terms of their development … paths and factors that determined their development levels such as real wages, foreign capital, trade, deficits and other …
Persistent link: https://www.econbiz.de/10005406760