Institutions, Demography, and Economic Growth
نویسندگان
چکیده
منابع مشابه
Democratic Institutions and Economic Growth
The institutional structure of an economy is modeled as a portfolio. This model predicts that a sample of countries with highly diversi ed institutional structures should have a lower variance of economic growth rates than a sample of countries with homogeneous institutional structures. It also predicts that growth rates over time for individual countries with highly diversi ed institutional st...
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Growth theory has identified a plethora of determinants for development; however, the more carefully economists study institutions, the more crucial they seem to become for the growth process. For decades economists focused on physical/human capital as well as technical change as sources of the wealth of nations. Crises and failed transition experiments in the 1990s brought to light that even t...
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In this paper, we test the Rodrik et al (2004) framework to explain differences in development levels across countries by using a broader set of definitions for institutions, geography and economic variables. We use a multi-faceted database to measure institutions in an attempt to go beyond the single-dimension measures that are often employed. We find that institutions trump other factors (geo...
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Institutions affect the process of economic growth through their many indicators. The authors have checked the relationship between institutions and economic growth in selected countries of South Asia by using data from 1995 to 2010. The results of ‘Fixed Effects Estimation’ and ‘Generalize Method of Moments’ confirmed the significant positive relationship between institutions and economic grow...
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ژورنال
عنوان ژورنال: The Journal of Economic History
سال: 2016
ISSN: 0022-0507,1471-6372
DOI: 10.1017/s0022050716000486