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This paper estimates the potential income gains associated with greater gender parity in social institutions and the … cost of the current level of discrimination. Using cross-country analysis, it investigates how gender-based discrimination … in social institutions, measured by the OECD Development Centre’s Social Institutions and Gender Index (SIGI), affects …
Persistent link: https://www.econbiz.de/10011580786
This paper develops and applies a simple “conditional growth” framework to make long-term GDP projections for the world … market and pension reforms on future growth in employment levels. In the baseline projection, world GDP would grow in PPP …
Persistent link: https://www.econbiz.de/10012443085
In the euro area, there is mixed evidence that the GDP per capita of lower-income economies has been catching up with that of higher-income economies since the start of monetary union. The significant real convergence performance of some of the most recent members contrasts with that of the...
Persistent link: https://www.econbiz.de/10011755500
Over the last couple of decades, it has become a commonplace to claim that institutions matterʺ for economic development. Yet, institutions are not exogenous but the result of hu-man action. It is argued here that the values and norms held by substantial parts of society’s members are an...
Persistent link: https://www.econbiz.de/10003865933
The income convergence literature suggests that poor countries or regions can catch-up to rich ones conditional on sharing certain characteristics with rich countries or regions. Good institutions such as strong property rights and rule-of-law are key among those characteristics. Globalization...
Persistent link: https://www.econbiz.de/10012965667
Persistent link: https://www.econbiz.de/10009666507
This study investigates the impact of institutional quality on Foreign Direct Investment (FDI) inflows using panel data for low, lower-middle, upper-middle and high-income countries for the sample period of 1996-2016 using the system Generalized Method of Moments (GMM). The empirical results...
Persistent link: https://www.econbiz.de/10011972651
The so-called 'deep determinants' of economic growth and development (namely, geography, institutions, and integration) have been found to be decisive for the break out of stagnation and for explaining cross-country income differences by many empirical studies. However, so far, very little has...
Persistent link: https://www.econbiz.de/10012205937
This study looks at some non-conventional determinants of economic growth, with the help of the newly developed economic freedom index datasets of the Heritage Foundation/Wall Street Journal(HF/WSJ), which is a cumulative index derived from several sub-indices (trade freedom index, financial...
Persistent link: https://www.econbiz.de/10011448023
In this paper we use a transparent statistical methodology - synthetic control methods - to implement data-driven comparative studies about the impact of autocratic transition on real per capita GDP. The applied methodology compares the growth of countries that experienced a transition to...
Persistent link: https://www.econbiz.de/10003939967