Louis D. Brandeis and the Progressive Tradition

Levine, Daniel H.; Urofsky, Melvin I.

doi:10.2307/1860330

Cited by 13 publications

(18 citation statements)

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“…Sociopolitical instability leads to greater risk and uncertainty in contracting, enforcement, the structure of property rights, and tax and expenditure policies (Boettke & Coyne, 2003Dutta et al, 2013). This instability can hamper a nation's economic growth and development (Barro, 1996;Dutta et al, 2013;Jong-a-Pin, 2009;Levine & Renelt, 1992), decrease investment and generate inflation (Aisen & Veiga, 2006;Alesina & Perotti, 1996;Dutta et al, 2013), and negatively affect financial development (Dutta et al, 2013;Roe & Siegel, 2011). Unstable governments, and their lack of commitment to credible policies that encourage saving, hinder the efficient functioning of financial markets (Dutta et al, 2013;Roe & Siegel, 2011).…”

Section: Political Stabilitymentioning

confidence: 99%

Institutional factors affecting entrepreneurship: A QCA analysis

Sendra-Pons

Comeig

Mas‐Tur

2022

European Research on Management and Business Economics

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Section: Political Stabilitymentioning

confidence: 99%

Institutional factors affecting entrepreneurship: A QCA analysis

Sendra-Pons

Comeig

Mas‐Tur

2022

European Research on Management and Business Economics

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“…Firstly, the relationship between the growth rate of the real per capita income, the LCI and the corruption perception index are investigated empirically. The classic specification in cross‐country growth literature was used (Barro, 1991; Levine & Renelt, 1992; Mauro, 1995), and the econometric models of OLS and 2SLS are employed (as in Mauro, 1995, p. 695). The regression was performed on the average values for the period considered using cross‐section data, to avoid bias in the estimation due to potential problems of serial correlation, typical of time series analyses.…”

Section: Econometric Analysismentioning

confidence: 99%

The economic impact of legislative complexity and corruption: A cross‐country analysis

Vita

2021

Int. J Fin Econ

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This article analyses the relationship between corruption and legislative complexity, their impact on growth rate, and per capita income distribution. An econometric analysis is performed using a new index of legislative complexity, built in a way that makes it internationally comparable. In the dataset, 67 countries are considered, for a period of 21 years from 1995 to 2015. The OLS and 2SLS regressions are provided. The results of the econometric analysis support the hypothesis that legislative complexity is a constraint to growth, and that in countries with a long history of liberal democracy legislative complexity determines an income redistribution to the detriment of the poorer social classes.

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“…So, FDI increases the rate of technical progress in the host country through a "contagion" effect from the more advanced technology used by the foreign firms [22] and also contributes to the increase in "knowledge" applied to production in the host country [23]. However, there is a robust relationship between economic growth, FDI and human capital [24]. This means that the application of these more advanced technologies via FDIs also require the presence of a sufficient level of human capital in the host economy.…”

Section: The Model Of Effect Of Foreign Direct Investment In Economicmentioning

confidence: 99%

The Effect of Foreign Direc t Investment in Economic Growth from the Perspective of Nonlinear Dynamics

Volos¹,

Kyprianidis²,

Stouboulos³

2015

JESTR

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In today's globalized economy one of the most crucial factors for the economic growth of a country, especially of a developing country, is the foreign direct investment, not only because of the transfer of capital but also of technology. In this work, the effect of foreign direct investments in a county's economic growth by using tools of nonlinear dynamics is studied. As a model of the economic growth of a country, a well-known nonlinear discrete-time dynamical system, the Logistic map, is used. The system under study consists of two countries with a strong economic relationship. The source country of foreign direct investments is an industrialized, economically powerful and technologically advanced country that makes significant investments in the host country, which is a developing country and strong dependent from the source country. Simulation results of system's behavior and especially the bifurcation diagrams reveal the strong connection between the countries of the proposed system and the effect of foreign direct investments in the economic growth of the host country.

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Louis D. Brandeis and the Progressive Tradition

Cited by 13 publications

References 0 publications

Institutional factors affecting entrepreneurship: A QCA analysis

Institutional factors affecting entrepreneurship: A QCA analysis

The economic impact of legislative complexity and corruption: A cross‐country analysis

The Effect of Foreign Direc t Investment in Economic Growth from the Perspective of Nonlinear Dynamics

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