Sustainable economic growth and Poverty alleviation is a principal objective of the developing countries. The present study aims to historically review of fiscal policy and its consequences for the economic development of the four South Asian economies i.e. Pakistan, India, Sri Lanka and...

Building on previous work by Chiquiar (2005) we study the impact of the ejido communal property system on economic growth in the Mexican states. The average growth rate of state per capita GDP is negatively related to the share of state land in the communal ejido system during some of the...

The objective of this paper is to discuss the relationship of the openness and the impact of institutional reforms in the participation of the product of individual countries in global output. Therefore, it is based on economic simulations, a type of alternative approach that uses mathematical...

We investigate the possible interaction effects that the extent of property rights protection and separation of powers in a political system have on economic growth. Using analysis of panel data from more than countries over the period 1970-2010 we find that the growth effects of property rights...

In this paper, we analyze the role of cooperation between firms through a model of growth and social capital. In a growth model à la Solow we incorporate the set of resources that a relational network has at its disposals, as a distinct production factor, and thus examine its dissemination...

This paper attempts to establish a theoretical foundation for regional policy. While mainstream economics tends to create a theory of even development, equilibrium, and market-induced harmony, this paper focuses on economic activities being qualitatively different as carriers of economic growth,...