Institutions Trade And Growth PDF Download
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Author | : David Dollar |
Publisher | : World Bank Publications |
Total Pages | : 36 |
Release | : 2003 |
Genre | : Economic development |
ISBN | : |
Download Institutions, Trade, and Growth Book in PDF, ePub and Kindle
Several recent papers have attempted to identify the partial effects of trade integration and institutional quality on long-run growth using the geographical determinants of trade and the historical determinants of institutions as instruments. The authors show that many of the specifications in these papers are weakly identified despite the apparently good performance of the instruments in first-stage regressions. Consequently, they argue that the cross-country variation in institutions, trade, and their geographical and historical determinants is not very informative about the partial effects of these variables on long-run growth.
Author | : David Dollar |
Publisher | : |
Total Pages | : 30 |
Release | : 2016 |
Genre | : |
ISBN | : |
Download Institutions, Trade, and Growth Book in PDF, ePub and Kindle
Several recent papers have attempted to identify the partial effects of trade integration and institutional quality on long-run growth using the geographical determinants of trade and the historical determinants of institutions as instruments. Dollar and Kraay show that many of the specifications in these papers are weakly identified despite the apparently good performance of the instruments in first-stage regressions. Consequently, they argue that the cross-country variation in institutions, trade, and their geographical and historical determinants is not very informative about the partial effects of these variables on long-run growth.This paper - a product of Investment Climate, Development Research Group - is part of a larger effort in the group to study institutions and development.
Author | : World Bank |
Publisher | : World Bank Publications |
Total Pages | : 196 |
Release | : 2002 |
Genre | : Developing countries |
ISBN | : 9780195216073 |
Download Building Institutions for Markets Book in PDF, ePub and Kindle
'Institutions fix the confines of and impose form upon the activities of human beings.' --Walton Hamilton, 'Institutions', 1932. The 'World Development Report 2002: Building Institutions for Markets' undertakes the complex issue of the basic institutions needed for markets to function properly. This year's 'World Development Report' goes beyond a simple examination of institutional structure and explores the functions of institutions. Recognizing that one size does not fit all, the report asks what do all institutions which support markets do? The answer is simple: Institutions channel information, define and enforce property rights, and increase or prevent competition. Understanding the functions that current institutions and their proposed replacements would provide is the first step. The report contends that once you have identified the institutional functions that are missing, you can then build effective institutions by following some basic principles: - Complement what exists already - in terms of other supporting institutions, human capacities, and technology. - Innovate to suit local norms and conditions. Experimenting with new structures can provide a country with creative solutions that work. - Connect communities of market players through open information flows and open trade. Open trade and information flows create demand for new institutions and improve the functioning of existing structures. - Compete among jurisdictions, firms, and individuals. Increased competition creates demand for new institutions as old ones lose their effectiveness. It also affects how people behave - improving institutional quality. These broad lessons and careful analyses, which links theory with pertinent evidence, are provided in the report. 'World Development Report 2002: Building Institutions for Markets' contains selected 'World Development Indicators'.
Author | : Stanley L. Engerman |
Publisher | : Cambridge University Press |
Total Pages | : 449 |
Release | : 2012 |
Genre | : Business & Economics |
ISBN | : 1107009553 |
Download Economic Development in the Americas Since 1500 Book in PDF, ePub and Kindle
Examines differences in the rates of economic growth in Latin America and mainland North America since the seventeenth century.
Author | : Sheilagh Ogilvie |
Publisher | : Cambridge University Press |
Total Pages | : 501 |
Release | : 2011-03-17 |
Genre | : Business & Economics |
ISBN | : 1139500392 |
Download Institutions and European Trade Book in PDF, ePub and Kindle
What was the role of merchant guilds in the medieval and early modern economy? Does their wide prevalence and long survival mean they were efficient institutions that benefited the whole economy? Or did merchant guilds simply offer an effective way for the rich and powerful to increase their wealth, at the expense of outsiders, customers and society as a whole? These privileged associations of businessmen were key institutions in the European economy from 1000 to 1800. Historians debate merchant guilds' role in the Commercial Revolution, economists use them to support theories about institutions and development, and policymakers view them as prime examples of social capital, with important lessons for modern economies. Sheilagh Ogilvie's magisterial new history of commercial institutions shows how scrutinizing merchant guilds can help us understand which types of institution made trade grow, why institutions exist, and how corporate privileges affect economic efficiency and human well-being.
Author | : Jean-Marie Baland |
Publisher | : Princeton University Press |
Total Pages | : 786 |
Release | : 2020-01-21 |
Genre | : Business & Economics |
ISBN | : 0691191212 |
Download The Handbook of Economic Development and Institutions Book in PDF, ePub and Kindle
"The essential role institutions play in understanding economic development has long been recognised and has been closely studied across the social sciences but some of the most high profile work has been done by economists many of whom are included in this collection covering a wide range of topics including the relationship between institutions and growth, educational systems, the role of the media and the intersection between traditional systems of patronage and political institutions. Each chapter covers the frontier research in its area and points to new areas of research and is the product of extensive workshopping and editing. The editors have also written an excellent introduction which brings together the key themes of the handbook. The list of contributors is stellar (Steven Durlauf, Throsten Beck, Bob Allen,and includes a diverse mix of Western and non Western, male and female scholars)"
Author | : W. Garside |
Publisher | : Springer |
Total Pages | : 366 |
Release | : 2007-11-09 |
Genre | : Business & Economics |
ISBN | : 0230389945 |
Download Institutions and Market Economies Book in PDF, ePub and Kindle
This book is a timely reminder of the more fundamental determinants of capital accumulation and innovation. It provides a mixture of conceptual, empirical, historical and methodological approaches to the relationship between institutions, institutional change and economic development.
Author | : Joseph F. Francois |
Publisher | : World Bank Publications |
Total Pages | : 38 |
Release | : 2007 |
Genre | : Aeronautics, Commercial |
ISBN | : |
Download Institutions, Infrastructure and Trade Book in PDF, ePub and Kindle
The authors examine the influence of infrastructure, institutional quality, colonial and geographic context, and trade preferences on the pattern of bilateral trade. They are interested in threshold effects, and so emphasize those cases where bilateral country pairs do not actually trade. The authors depart from the institutions and infrastructure literature in this respect, using selection-based gravity modeling of trade flows. They also depart from this literature by mixing principal components (to condense the institutional and infrastructure measures) with a focus on deviations in the resulting indexes from expected values for given income cohorts to control for multicollinearity. The authors work with a panel of 284,049 bilateral trade flows from 1988 to 2002. Matching bilateral trade and tariff data and controlling for tariff preferences, level of development, and standard distance measures, they find that infrastructure and institutional quality are significant determinants not only of export levels, but also of the likelihood exports will take place at all. Their results support the notion that export performance, and the propensity to take part in the trading system at all, depends on institutional quality and access to well-developed transport and communications infrastructure. Indeed, this dependence is far more important, empirically, than variations in tariffs in explaining sample variations in North-South trade.
Author | : Göte Hansson |
Publisher | : Routledge |
Total Pages | : 352 |
Release | : 2004-01-14 |
Genre | : Business & Economics |
ISBN | : 9780203168370 |
Download Trade, Growth and Development Book in PDF, ePub and Kindle
Since the end of the second world war the economic gap between rich and poor countries has steadily widened. Trade, Growth and Development examines this disparity and assesses the reasons why some developing countries have been more successful than others. The book is divided into four parts: Part I examines recent developments in the theory of trade, growth and economic development; Parts II to IV present an empirical analysis of policy and performance in Latin America, Asia and Africa. As well as offering an analysis of traditional economic factors the book also emphasises the role of politics and institutions in the process of economic development.
Author | : Tapio Palokangas |
Publisher | : Springer |
Total Pages | : 194 |
Release | : 2005-01-26 |
Genre | : Business & Economics |
ISBN | : 9783211007938 |
Download Growth, Trade and Economic Institutions Book in PDF, ePub and Kindle
Endogenous growth is examined from the viewpoint of economic history, institutions and international trade. The main results are the following. The variance in institutional quality can be explained by historical differences in biogeographical potential for early agriculture. The expansion of output can lead to dis-agglomeration. The patterns of growth are sensitive to the technology parameters of the capital-good industry. With capital intensive industries, the balanced growth path can exhibit local indeterminacy. Economies integrate, if the productivity of R&D does not vary too much for them. Other aspects examined are the equilibrium of a dynamic multi-sector economy, the political economy of employment protection and the relationship between technological change and the demand for skill-intensive activities.