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two views. Property rights do affect development as suggested by the PoI. However, democracy is mainly an effect of …The Grand Transition (GT) view claims that economic development is causal to institutional development, and that many … institutional changes can be understood as transitions occurring at roughly the same level (zones) of development. The Primacy of …
Persistent link: https://www.econbiz.de/10010265602
two views. Property rights do affect development as suggested by the PoI. However, democracy is mainly an effect of …The Grand Transition (GT) view claims that economic development is causal to institutional development, and that many … institutional changes can be understood as transitions occurring at roughly the same level (zones) of development. The Primacy of …
Persistent link: https://www.econbiz.de/10005566215
of the two views. Property rights do affect development as suggested by the PoI. However, democracy is mainly an effect …The Grand Transition (GT) view claims that economic development is causal to institutional development, and that many … institutional changes can be understood as tran¬sitions occurring at roughly the same level (zones) of development. The Primacy of …
Persistent link: https://www.econbiz.de/10005114065
two views. Property rights do affect development as suggested by the PoI. However, democracy is mainly an effect of …The Grand Transition (GT) view claims that economic development is causal to institutional development, and that many … institutional changes can be understood as transitions occurring at roughly the same level (zones) of development. The Primacy of …
Persistent link: https://www.econbiz.de/10012724134
resources. Yet much recent research regarding property rights and economic development treats the level of property rights … private property rights are a prerequisite for economic development. This article shows that it fundamentally matters whose … property rights for elites and foreign investors may be positively related to long-run development, property rights for …
Persistent link: https://www.econbiz.de/10014192289
that the aggregate measures of 'institutional quality' broadly used in the cross-country empirical development literature … prerequisite for economic development. This article demonstrates that it fundamentally matters whose property rights are secure. I …
Persistent link: https://www.econbiz.de/10014206054
Measures of corruption and income are highly correlated across countries. We use prehistoric measures of biogeography … corruption just as well as do actual incomes. This result demonstrates that the long-run causality is entirely from income to … corruption. Hence, there is a Corruption Transition: As countries get rich, corruption vanishes. …
Persistent link: https://www.econbiz.de/10010273171
democratic political system. This is shown by using the Gastil democracy index from Freedom House. First, the basic pattern of … correlations reveals that a good deal of the short- to medium-run causality appears to be from democracy to income. Then a set of … extreme biogeographic instruments is used to demonstrate that the long-run causality is from income to democracy. The long …
Persistent link: https://www.econbiz.de/10010263528
the long-run and the short- to medium-run effects. -- Paths of development ; democracy ; biogeography … democratic political system. This is shown by using the Gastil democracy index from Freedom House. First, the basic pattern of … correlations reveals that a good deal of the short- to medium-run causality appears to be from democracy to income. Then a set of …
Persistent link: https://www.econbiz.de/10003764598
democratic political system. This is shown by using the Gastil democracy index from Freedom House. First, the basic pattern of … correlations reveals that a good deal of the short- to medium-run causality appears to be from democracy to income. Then a set of … extreme biogeographic instruments is used to demonstrate that the long-run causality is from income to democracy. The long …
Persistent link: https://www.econbiz.de/10012722841