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adaptation.A major theme of the paper is the role of economic institutions in growth and in the penultimate section, the links …This paper uses a comparative and historical framework to evaluate the growth performance of the West German economy … from the beginning of the post-war period in 1945 to the reunification of Germany in 1990. Cross-country growth equations …
Persistent link: https://www.econbiz.de/10005498051
The economic history of Argentina presents one of the most dramatic examples of divergence in the modern era. What happened and why? This paper reviews the wide range of competing explanations in the literature and argues that, setting aside deeper social and political determinants, the various...
Persistent link: https://www.econbiz.de/10011083510
generations shape values formation, economic outcomes and influences national institutions. We use a measure of family ties …, constructed from the World Values Survey, to review and extend the literature on the effect of family ties on economic behavior … growth, but they may provide relief from stress, support to family members and increased wellbeing. We argue that the value …
Persistent link: https://www.econbiz.de/10011083676
transportation improvements converged to create city growth. We assess the impact of institutions on growth by allowing two ways for … institutions to affect growth. Institutions can directly affect growth, or it can impact on trade, which in turn affects growth …. Once we separately quantify the link from institutions to trade, and trade to growth, the independent effect of …
Persistent link: https://www.econbiz.de/10011084605
This survey reviews the recent research on trust, institutions and economic development. It discusses the various … institutions and policies can affect trust and promote pro-social behaviors. …
Persistent link: https://www.econbiz.de/10011084699
How and why does distant political and economic history shape the functioning of current institutions? This paper … (as opposed to limited) morality are widespread in societies that were ruled by non-despotic political institutions in the … distant past. Second, well functioning institutions are often observed in countries or regions where individual values are …
Persistent link: https://www.econbiz.de/10005067364
We illustrate the ongoing research line on Growth, History, and Institutions, which adds to economic growth analysis a …. We conclude with policy implications of the Growth, History, and Institutions research line. … research strategy to the impact of colonization on growth, the extension of the franchise and the welfare state, the evolution …
Persistent link: https://www.econbiz.de/10005656343
each induce growth accelerations, but countries liberalizing their economy before extending political rights do better than … regime change have an independent effect on growth, and taking expectations into account helps identify a stronger growth …
Persistent link: https://www.econbiz.de/10005789020
European economic growth in the quarter of a century that ended in 1973 outstripped growth in any period of comparable … length before or since. The elements of Europe's growth miracle -- wage moderation, high investment and rapid export growth … economy, on the external side international agreements and supranational institutions -- that solved problems of commitment …
Persistent link: https://www.econbiz.de/10005792491
The controversy over the appropriate partitioning of East Asian growth into accumulation versus technical change has … Asian countries according to their growth performance. A parsimonious specification containing only initial income, initial … education, and institutional quality accounts for virtually all of the variation in the growth performance in the region, even …
Persistent link: https://www.econbiz.de/10005124261