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We examine a panel of 70 countries during 1966-2010 and utilize Reinhart and Rogoff crisis dates to estimate the effects of crises on the size and scope of government over both 5-year and 10-year horizons. We also estimate cross-section regressions using 40-year (1970-2010) changes in government...
Persistent link: https://www.econbiz.de/10013035187
There have been profound changes in both political and economic institutions in Africa economies over the last 20 years. These changes vary from one country to another. This study contributes to the literature on microfinance profitability by examining whether profitability depends on the...
Persistent link: https://www.econbiz.de/10013037915
While there are many methods to measure the competitiveness of an economy, most of these concepts ignore the fact that competitiveness can change not only because of market processes such as wage negotiation but also because of political decision making. Governments that compete with others for...
Persistent link: https://www.econbiz.de/10013080284
Purpose: According to the New Institutional View, the main reason for the great difference between countries in terms of growth, development and economic welfare is their institutional structures and foundations. Creating a stable structure in human relationships, institutions reduce insecurity,...
Persistent link: https://www.econbiz.de/10012643383
This study contributes to the empirical literature on regional economic performance by analyzing the role of political … empirical findings broadly suggest that political institutions have a critical role in explaining the economic performance of …-run regional performance. This finding remains robust to different specifications and additional controls. …
Persistent link: https://www.econbiz.de/10012813905
country's inflation performance. Examining a cross-section of up to 69 countries, we are able to show that granting a central … bank more autonomy does not necessarily lead to better inflation performance. To lower inflation by increasing independence …
Persistent link: https://www.econbiz.de/10009012047
Africa-China trade boomed since the 1990s, which some claim to have been driven by a search for oil. However, existing claims have largely provided anecdotal evidence to make such a point. Consequently, using panel data from UN COMTRADE classified sectorally of 18 African oil and other mineral...
Persistent link: https://www.econbiz.de/10013314237
The article is devoted to the study of the problems of the transformations in the forest use system over the past 30 years for depressive lumber cutting territories (in the case of the Republic of Karelia). One of the ways to understood problems is through the prism of the system of...
Persistent link: https://www.econbiz.de/10013314439
Purpose: According to the New Institutional View, the main reason for the great difference between countries in terms of growth, development and economic welfare is their institutional structures and foundations. Creating a stable structure in human relationships, institutions reduce insecurity,...
Persistent link: https://www.econbiz.de/10013323929
The diversity of the labour market in the Visegrad Group countries is presented in the article from an institutional perspective. Institutions such as different tax and transfer policies, employment protection legislation, or active and passive labour market policies can affect not only the...
Persistent link: https://www.econbiz.de/10012419194