This paper examines whether growth regressions should incorporate dualism and structural change. If there is a … factor productivity. The paper develops empirical growth models that allow for this effect in a more flexible way than … labour can explain a significant fraction of the international variation in TFP growth. …

explain why presidential democracy leads to faster growth than parliamentary democracy. Third, it is important to distinguish … growth effect of democracy. …

contribution to growth. Estimates of the long-run numeracy development of most countries in Asia, the Middle East, Africa, America … numeracy as measured by the age-heaping strategy for long-run economic growth. In a variety of specifications, numeracy … mattered quite strongly for growth patterns around the globe. …

This paper presents an analysis of the effect of bureaucratic corruption on economic growth through a public finance … seigniorage finance. This leads to an increase in inflation which, in turn, reduces capital accumulation and growth. At the …

. We challenge this view by arguing that a number of judicial procedures foster economic growth by increasing the … economic growth of 15 judicial procedures. Employing a standard growth model, we find in a cross-section of 67 countries that … timeliness, writtenas opposed to oralprocedures, and the right to counsel have a positive effect on growth, whereas the number of …

between political stability and economic growth which is stronger and empirically more robust in countries with high … bureaucratic costs. Motivated by these results, which contrast with previous contributions, we develop a model of growth with … between the probability that the incumbent politician remains in office and average economic growth in the presence of high …

-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 autocracy with the growth of a convex combination of similar countries that …

and short-term planning horizon can also lead to such underinvestment. Subsequently, banks can stimulate growth …

After a decade of research on the relationship between institutions and growth, scholars in this field seem to be … divided. Economic institutions perform well in growth regressions and a body of literature argues that this supports the key … literature describes are the more stable political institutions, and these have been found to play no role in empirical growth …