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institutions rather than with a poor level of institutional quality. Therefore, our results reconcile the importance of good … institutions and do not support the hopes that the countries can compensate for the poor institutional quality via undervaluation …
Persistent link: https://www.econbiz.de/10012389286
combine data on institutions with data on economic growth in order to determine which institutions are especially conductive … to growth. Our analysis is framed by the approach of a hierarchy of institutions in which political institutions provide … a framework in which contemporary political, economic and societal institutions develop and foster economic growht. This …
Persistent link: https://www.econbiz.de/10013465067
We investigate whether the degree of energy dependency of countries influences their macroeconomic performance in terms of long-run growth. Specifically, we study whether the impact of energy price changes on economic growth differs depending on a country's degree of energy dependency. There are...
Persistent link: https://www.econbiz.de/10013470533
The present paper assesses the interactions between innovation and economic institutions within the context of the … innovations on growth and inequality diminish as institutions increase in quality, and the effects of institutions can be … influenced by level of innovations. This indicates that while institutions and innovations can be inequality-inducing, their …
Persistent link: https://www.econbiz.de/10014480456
economic development. To answer this question, a new concept of the institutions-augmented Solow model is constructed. The … institutions-augmented Solow model fits the empirical data very well. It turns out that differences in physical capital, human … differences in economic development among the countries of the world. According to the institutions-augmented Solow model, the …
Persistent link: https://www.econbiz.de/10010436079
-colonial autocratic institutions within ethnic groups and the emergence of autocratic institutions across countries. Diversity has … amplified the importance of institutions in mitigating the adverse effects of non-cohesiveness on productivity, while … contributing to the scope for domination, leading to the formation of institutions of the autocratic type. …
Persistent link: https://www.econbiz.de/10011744530
institutions on development, the costs of fractionalization, and research on the policies of social inclusion around the world. …
Persistent link: https://www.econbiz.de/10010318655
The aim of this paper is to analyze the relationship between institutions, income distribution and growth in post …
Persistent link: https://www.econbiz.de/10011537886
We study the implications of two historical institutions, direct British rule, and the heterogeneous land tenure … institutions implemented by the British, on disparity in present day development using district level data from India. Using …
Persistent link: https://www.econbiz.de/10012582094
Public-private collaboration in productive development policy in Costa Rica frequently takes the form of policy co-governance: an autonomous institution in charge of policy for a particular economic sector is created, with a board of directors comprising representatives from both the public and...
Persistent link: https://www.econbiz.de/10011285641