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In this paper we explore current understandings of the influence of political rights, among historical legacies, on economic development. We construct variables for selected political regimes for 1811-2010. We find significant association between individual rights and economic growth. We argue...
Persistent link: https://www.econbiz.de/10013044507
Democracy's indicators and Economic Growth. Protection of the Private property rights requires, first and foremost, due … the free speech; religious freedom and other "political rights" should be respected. Democracy, as political competition …
Persistent link: https://www.econbiz.de/10014159690
This study investigates: (i) the effect of foreign direct investment (FDI) on total factor productivity (TFP) and economic growth dynamics, and (ii) the relevance of value added from three economic sectors in modulating the established effect of FDI on TFP and economic growth dynamics. The...
Persistent link: https://www.econbiz.de/10012799011
The objective of this study is to examine the effect of political inclusion on democracy in Africa. The results of the … analyses through the OLS, system GMM, IV-Tobit and IV-2SLS show that gender political inclusion enhances democracy in Africa …. This result is robust across alternative specifications of political inclusion and democracy. Besides, the results equally …
Persistent link: https://www.econbiz.de/10013348474
We ask why working hours in the rich world have not declined more sharply or even risen at times since the early 1980s, despite a steady increase in productivity, and why they vary so much across rich countries. We use an internationally comparable database on working hours (Bick et al., 2019)...
Persistent link: https://www.econbiz.de/10012938927
We ask why working hours in the rich world have not declined more sharply or even risen at times since the early 1980s, despite a steady increase in productivity, and why they vary so much across rich countries. We use an internationally comparable database on working hours (Bick et al., 2019)...
Persistent link: https://www.econbiz.de/10013347218
Discussions on how to organize European labour markets are one of the key public policy issues of today. In European policy debates, the most important concepts seem to be ‘flexicurity' and the ‘transitional labour market.' In this report we examine the cross-country variation in the...
Persistent link: https://www.econbiz.de/10013100066
components in the development of the continent: law, democracy and quality of government. Political regimes of democracy, polity …-stability, regulation quality and rule of law. Findings indicate democracy has an edge over autocracy while the later and polity overlap. A … democracy that takes into account only the voice of the majority is better in government quality than autocracy, while a …
Persistent link: https://www.econbiz.de/10010693285
propensity to effect policies that favour the development of financial intermediary depth, activity and size. Democracy has … policies towards financial development. As a policy implication, once democracy is initiated, it should be accelerated (to edge …
Persistent link: https://www.econbiz.de/10010693299
to effect policies that favour the development of financial intermediary depth, activity and size. Democracy has … promoting financial development when compared with autocracies. Once democracy is initiated, it should be accelerated (to edge …
Persistent link: https://www.econbiz.de/10011118419