The role of institutions in promoting economic growth and development has generated considerable interest among … researchers and practitioners in recent years. This paper explores the role of state institutions in promoting growth using a GMM … econometric model. Specifically it attempted to test impact of two dimensions of institutions on growth using recently developed …

Zak & Knack (2001) demonstrate that interpersonal trust substantially impacts economic growth, and that sufficient … for trust-raising policies when policy-makers seek to stimulate economic growth. Policies examined include those that …

This paper investigates the determinants of economic growth emphasizing the role of institutional quality, social … fragmentation, and increasing global integration on recent growth experience. Our longitudinal data consists of 103 countries … the security of property rights has played a critical role in promoting economic growth. Ethnic heterogeneity has been a …

Using threshold estimation techniques, this study examines whether the growth effect of stock market development … jurisdictions during the post-crisis period. The results demonstrate that the impact of stock market liquidity on growth is positive …, the paper also documents a positive growth effect of market size when property rights and minority shareholders protection …

This paper investigates the determinants of economic growth emphasizing the role of institutional quality, social … fragmentation, and increasing global integration on recent growth experience. Our longitudinal data consists of 103 countries … the security of property rights has played a critical role in promoting economic growth. Ethnic heterogeneity has been a …

Barro (1991) and the Gastil indices, by comparing their effects both on growth and private investment. The results provide … substantial support for the position that the institutional roots of growth and convergence are significant. The marked …

growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank … in the World Values Survey, and democracy, all of which are good for growth as reflected in the purchasing power of per …

The consensus in growth literature has recognized the significant effects of institutions (including social capital and … political institutions) towards economic growth. Utilizing the World Value Survey (WVS)’s trust variable that has often been … of social capital beyond the WVS trust indicator. The results also indicate that political institutions effect on growth …