Corruption and Economic Growth
TLDR
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.About:
This article is published in Journal of Comparative Economics.The article was published on 2001-03-01 and is currently open access. It has received 1289 citations till now. The article focuses on the topics: Corruption & Human capital.read more
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Financial Intermediation and Growth: Causality and Causes
TL;DR: In this article, the authors evaluate whether the level of development of financial intermediaries exerts a casual influence on economic growth, and they find that financial intermediary development has a large causal impact on growth.
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Financial intermediation and growth: Causality and causes ☆
TL;DR: In this article, the authors evaluate whether the level of development of financial intermediaries exerts a casual influence on economic growth and whether cross-country differences in legal and accounting systems (such as creditor rights, contract enforcement, and accounting standards) explain differences in financial development.
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Law, Finance, and Economic Growth
TL;DR: The authors examined how the legal environment affects financial development, and then asked how this in turn is linked to long-run economic growth, finding that financial intermediaries are better developed in countries with legal and regulatory systems that give a high priority to creditors receiving the full present value of their claims on corporations, enforce contracts effectively, and promote comprehensive and accurate financial reporting by corporations.
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Business cycles: A methodological approach
TL;DR: Acemoglu et al. as mentioned in this paper showed that business cycles are both less volatile and more synchronized with the world cycle in rich countries than in poor ones, and they developed two alternative explanations based on the idea that comparative advantage causes rich countries to specialize in industries that use new technologies operated by skilled workers, while poor countries specialize in traditional technologies operate by unskilled workers.
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The resource curse hypothesis and its transmission channels
TL;DR: In this article, the authors examined empirically the direct and indirect effects of natural resource abundance on economic growth and found that natural resources have a negative impact on growth if considered in isolation, but a positive direct impact if other explanatory variables, such as corruption, investment, openness, terms of trade, and schooling, are included.
References
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Technical change and the aggregate production function
TL;DR: In this article, the authors proposed a method to improve the performance of the system by using the information of the user's interaction with the system and the system itself, including the interaction between the two parties.
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Corruption and Growth
TL;DR: In this paper, a newly assembled data set consisting of subjective indices of corruption, the amount of red tape, the efficiency of the judicial system, and various categories of political stability for a cross section of countries is analyzed.
Book
Political Order in Changing Societies
TL;DR: This now-classic examination of the development of viable political institutions in emerging nations is a major and enduring contribution to modern political analysis as mentioned in this paper, and its Foreword, Francis Fukuyama assesses Huntington's achievement, examining the context of the original publication as well as its lasting importance.
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Political Order in Changing Societies.
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A sensitivity analysis of cross-country growth regressions
Robert A. Levine,David Renelt +1 more
TL;DR: In this article, the authors study whether the conclusions from existing studies are robust or fragile when small changes in the list of independent variables occur, and they find that although "policy"appears to be importantly related to growth, there is no strong independent relationship between growth and almost every existing policy indicator.