This paper studies correlates and determinants of direct democracy institutions (DDIs), such as referendums and initiatives, based on the premise that constitutions themselves are endogenous. Our sample covers as many as 132 countries from 1950 to 2006. We find that the likelihood that a country...

Economists are often skeptical concerning the economic effects of various forms of human rights: it has been argued that basic human rights can make the legal system less efficient but also that extensive social rights are incompatible with market economies. It is argued here that basic human...

It is argued that government credibility is an important resource and that it can be improved by delegating decision-making competence beyond the nation-state. It is hypothesized that such delegation should result in higher income and growth. Some former British colonies retained the Judicial...

The economic effects of federalism are unclear: some papers find that federalism has strong positive effects on a number of economically relevant variables, others find negative effects. The results often crucially hinge upon the proxies for federalism used. In this paper, we critically survey...

This paper explores the idea that institutional details matter and that attempts to estimate the economic effects of federalism by employing a simple dummy variable neglect potentially important institutional details. Based on a principal component analysis, seven aspects of both federalism and...

This paper is based on the conjecture that institutional details matter and that attempts to estimate the economic effects of federalism by drawing on a simple dummy variable neglect potentially important institutional details. Based on a pricipal component analysis, seven aspects of both...

Die veränderten ökonomischen Rahmenbedingungen im Zuge der sich seit Anfang der 1990er Jahre beschleunigenden Globalisierung des Wirtschaftens stellen neue Anforderungen sowohl an die 'Regionalpolitik für die Regionen', also die regionale Strukturpolitik durch EU, Bund und Länder, als auch...

Sozialkapital lässt sich aus der Mikro-, Meso- und Makroperspektive betrachten. Aus der Mikroperspektive umfasst es individuelle Vorteile sozialer Beziehungen. Die Mesoperspektive konzentriert sich auf geteilte Werte und Normen, die die Entstehung von Sozialkapital begünstigen. Die...