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phenomenon with yet unclear impact. We develop a unified framework incorporating economic institutions, human capital and … which a positive change of a country's economic institutions can attract inflows of physical capital from abroad, leading to … institutions can lead to substantial divergence in income over time. We derive conditions under which a country receives inflows of …
Persistent link: https://www.econbiz.de/10012696550
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
of political institutions in mediating the corruption-growth relationship using panel data over one hundred countries for …
Persistent link: https://www.econbiz.de/10012102930
Both institutional quality and institutional stability have been argued to stimulate economic growth. But to improve institutional quality, a country must endure a period of institutional change, which implies at least a little and possibly a lot of institutional instability. We investigate the...
Persistent link: https://www.econbiz.de/10013158839
This paper estimates the potential income gains associated with greater gender parity in social institutions and the … in social institutions, measured by the OECD Development Centre’s Social Institutions and Gender Index (SIGI), affects … decomposition analysis indicates that gender-based discrimination in social institutions tends to reduce income per capita by …
Persistent link: https://www.econbiz.de/10011580786
process of improving the quality of life of the population is mainly the result from the interaction between institutions …
Persistent link: https://www.econbiz.de/10013078946
Persistent link: https://www.econbiz.de/10013369338
variables, we find that (i) resource abundance, constitutions and institutions determine resource dependence, (ii) resource …
Persistent link: https://www.econbiz.de/10003459205
This study examined the non-linear relationship between financial development and innovation using generalized method of moments (GMM) estimators for a panel data model. The sample comprised data for 75 developed and developing countries for the period 1996 to 2010. An inverted U-shaped...
Persistent link: https://www.econbiz.de/10011932490
This study articulates the interaction between institutional governance, education and economic growth. Given the current pursuit of education policy reforms and knowledge economy around the world, it is of policy relevance to theoretically analyze the main mechanisms by which the macroeconomic...
Persistent link: https://www.econbiz.de/10011596860