Do Institutions Cause Growth?
Опубликовано на портале: 05-11-2008
Journal of Economic Growth.
2004.
Vol. 9.
No. 3.
P. 271-303.
Тематические разделы:
We revisit the debate over whether political institutions cause economic growth, or whether, alternatively, growth and human capital accumulation lead to institutional improvement. We find that most indicators of institutional quality used to establish the proposition that institutions cause growth are constructed to be conceptually unsuitable for that purpose. We also find that some of the instrumental variable techniques used in the literature are flawed. Basic OLS results, as well as a variety of additional evidence, suggest that (a) human capital is a more basic source of growth than are the institutions, (b) poor countries get out of poverty through good policies, often pursued by dictators, and (c) subsequently improve their political institutions.
Ссылки
http://www.nber.org/papers/w10568.pdfhttp://papers.ssrn.com/sol3/papers.cfm?abstract_id=556370
http://mba.tuck.dartmouth.edu/pages/faculty/rafael.laporta/publications/LaPorta%20PDF%20Papers-ALL/Do%20Institutions%20Cause%20Growth/political2.5_complete_b.pdf
http://www.economics.harvard.edu/faculty/glaeser/files/Institutions_Growth.pdf
Ключевые слова
comparative economic systems democratic institution economic growth institutions law and economics political institutions property rights analysis
См. также:
International Journal of Social Economics.
1996.
Vol. 23.
No. 1.
P. 6-16.
[Статья]