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Institutional differences across resource-based economies
Teksoz, Utku; Kalcheva, Katerina - 2016
institutions, natural resource rents cease to have a negative impact on long-term growth. Institutions in resource-based economies …
Persistent link: https://www.econbiz.de/10011472013
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Is productive entrepreneurship getting scarcer? : a reflection on the contemporary relevance of Baumol's typology
Minniti, Maria; Naudé, Wim; Stam, Erik - 2023
constraints on productive entrepreneurship would require that the decline in level-two institutions, such as democracy and science …We review Baumol's typology of productive, unproductive and destructive entrepreneurship. We argue that the typology is … the thesis that entrepreneurship has become less productive, due to the unintended effects of entrepreneurship policies …
Persistent link: https://www.econbiz.de/10014335837
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Stronger property rights enforcement does not hurt social welfare : a comment on Gonzalez’ “Effective Property Rights, Conflict and Growth (JET, 2007)”
Yoo, Yoon-ha - 2013
In his recent paper in JET, Gonzalez (2007) issues a warning that gradual improvement in property rights enforcement may sometimes backfire and hurt social welfare through its unintended instigation of appropriative activities. By introducing a new property-rights parameter within the...
Persistent link: https://www.econbiz.de/10009778507
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Which Institutions Encourage Entrepreneurial Growth Aspirations?
Estrin, Saul; Korosteleva, Julia; Mickiewics, Tomasz - 2012
Persistent link: https://www.econbiz.de/10010191026
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What makes a revolution?
MacCulloch, Robert - 1999 - Draft
A fundamental requirement of market economies is the security of ownership claims to property. Yet history is littered with cases of challenges to these claims. A large literature has found contradictory evidence for the effect of income and income inequality on revolt, possibly due to omitted...
Persistent link: https://www.econbiz.de/10010519062
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Insecure property rights and growth : the roles of appropriation costs, wealth effects, and heterogeneity
Long, Ngo Van; Sorger, Gerhard - 2004
We extend the model of insecure property rights by Tornell and Velasco (1992) and Tornell and Lane (1999) by adding three features: (i) extracting the common property asset involves a private appropriation cost, (ii) agents derive utility from wealth as well as from consumption, and (iii) agents...
Persistent link: https://www.econbiz.de/10011450350
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Do institutions Matter for economic performance? : theoretical insights and evidence from Turkey
Çetin, Tamer; Çicen, Yildirim B.; Eryigit, Kadir Y. - 2016
This paper studies whether institutions matter for economic performance. For this aim, we first construct a simple … framework illustrating how to examine the interaction between institutions and economic performance from a different point of … interaction between institutions and economic performance in Turkey. Co-integration analysis finds a long-run relationship between …
Persistent link: https://www.econbiz.de/10011558534
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From riches to rags, and back? : institutional change, financial development and economic growth in Argentina since the 1890s
Campos, Nauro; Karanasos, Menelaos; Tan, Bin - 2014
explanations highlight, mainly, the roles of trade openness, political institutions, financial integration, financial development …
Persistent link: https://www.econbiz.de/10010440609
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The lag structure of the impact of business ownership on economic performance in OECD countries
Carree, Martin Anthony (contributor);  … - 2006 - This version: August 2006
This note investigates the impact of changes in the number of business owners on three measures of economic performance, viz. employment growth, GDP growth and labor productivity growth. Particular attention is devoted to the lag structure. The analysis is performed at the country level for 21...
Persistent link: https://www.econbiz.de/10011280365
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FDI and growth in the MENA countries : are the GCC countries different?
Gammoudi, Mouna; Cherif, Mondher; Asongu, Simplice A. - 2016
of institutions. These results are confirmed with both annual data and five year average data. …
Persistent link: https://www.econbiz.de/10011496344