Journal of Comparative Economics 

TL;DR: In this paper, the authors introduced a new perspective on the role of corruption in economic growth and provided quantitative estimates of the impact of corruption on the growth and importance of the transmission channels.

TL;DR: In this paper, the determinants of FDI from Western countries, mainly in the European Union (EU), to Central and Eastern European ones were studied using a panel dataset of bilateral flows of foreign direct investment (FDI).

TL;DR: The authors empirically assesses two theories of why legal origin influences financial development, i.e., political and adaptation, and concludes that legal systems that adapt quic kly to minimize the gap between the contracting needs of the economy and the legal system's capabilities will foster financial development more effectively than would more rigid legal traditions.

TL;DR: This article provided empirical evidence on the links between infrastructure investment and economic growth in China using panel data from a sample of 24 Chinese provinces (excluding municipalities) throughout the 1985 to 1998 period, the estimation of a growth model shows that besides differences in terms of reforms and openness, geographical location and infrastructure endowment did account significantly for observed differences in growth performance across provinces.

TL;DR: The authors argue that to understand the basic tradeoff between the costs of disorder and those of dictatorship, one needs to understand how institutions exert profound influence on economic development and apply this logic to study the structure of efficient institutions, the consequences of colonial transplantation, and the politics of institutional choice.