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Nobel Prize Douglass North´s ideas have developed for a long time, since the beginning of the seventies to the end of the nineties. As his historical analysis developed, North became convinced of the positive relationship between economic growth and liberties. This paper tries to demonstrate...
Persistent link: https://www.econbiz.de/10004988691
Transaction costs have become a major topic of research in the last decades. However, there is still a great shortage of empirical approaches to their effects on the economic performance. A short review of these empirical studies indicates that the impact of transaction costs on economic growth...
Persistent link: https://www.econbiz.de/10005027165
activities, and the role of institutions on the environment among Asian countries for the period 2000-2018. The Environmental … regions can be moderated by good regulation when good institutional factors are in place. Thus, greenfield investments in the … presence of supporting institutions can be a viable source of green finance. In addition, our results also support the …
Persistent link: https://www.econbiz.de/10012163875
Persistent link: https://www.econbiz.de/10013483167
action costs and formal institutions (e.g., golden parachute agreements) can act as substitute factors in producing this …
Persistent link: https://www.econbiz.de/10005561787
Persistent link: https://www.econbiz.de/10013460053
This paper elaborates on how the global discourse on creative economy is interpreted in developing countries. We accomplish this by examining how the discourse has been institutionalized in several Indonesian cities. As an effect of decentralization, localities attempt to become a winner among...
Persistent link: https://www.econbiz.de/10011400019
This paper investigates whether social cohesion makes economic reforms more likely. First, we investigated whether social cohesion is a coherent concept by using a principal-component factor (PCF) analysis covering 16 indicators used to measure social cohesion in the previous literature for 40...
Persistent link: https://www.econbiz.de/10011411003
The concepts social innovation and social entrepreneurship have gained considerable attention both in different fields of academic research and in the context of the development of economic and social policies. However, despite its wide-spread use there does not exist a unique or at least widely...
Persistent link: https://www.econbiz.de/10011411011
institutions and regulation is delayed for the later stages. At this point of time, the hold-up problem is solved and this spurs …
Persistent link: https://www.econbiz.de/10010330019