Journal ArticleDOI
Convergence, divergence, or multiple steady states? New evidence on the institutional development within the European Union
Linda Glawe,Helmut Wagner +1 more
TLDR
In this paper, the formation of institutional convergence clusters using Phillips and Sul's (2007, 2009) log t-test over the period 2002 to 2018 is analyzed. And the authors find that institutional convergence clubs are formed mainly on the basis of geographic region; in particular, the northwest-southeast divide.About:
This article is published in Journal of Comparative Economics.The article was published on 2021-09-01. It has received 14 citations till now. The article focuses on the topics: Convergence clubs & European union.read more
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Journal ArticleDOI
Divergence Tendencies in the European Integration Process: A Danger for the Sustainability of the E(M)U?
Linda Glawe,Helmut Wagner +1 more
TL;DR: The authors provides an overview of the empirical evidence for these convergence and divergence developments and develops policy implications (the challenges and possible ways out) and provides policy implications for the European integration process with the aim of reducing the differences in income and/or living standards between the participating countries over time.
Journal ArticleDOI
Schooling Ain’t Learning in Europe: A Club Convergence Perspective
Linda Glawe,Carlos A. Méndez +1 more
TL;DR: The authors investigated the human capital convergence dynamics within the EU over the period 1990-2016 using a nonlinear dynamic factor model and identified four convergence clubs with respect to learning outcomes, and the divergence across those four clubs is increasing over time.
Journal ArticleDOI
Does Financial Development, Globalisation and Institutional Quality Drive the Income Convergence in the Central and Eastern European Union Countries?
TL;DR: In this paper , the authors proposed an analysis of the impact of economic and financial development and globalization on the income gap in 11 Central and Eastern European (CEE) countries (Bulgaria, Croatia, Czechia, Estonia, Latvia, Lithuania, Poland, Romania, Slovak Republic and Slovenia) for the period of 1996 to 2019, taking into consideration institutional factors.
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Theoretical analysis of development traps: On the example of Russia
Adam Golub,Vladimir Potashnikov +1 more
TL;DR: In this paper , a theoretical analysis of the development trap in the Ramsey model with a convex-concave production function is presented, where the convexity of the function is the cause of multiple equilibria.
References
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Journal ArticleDOI
Why Do Some Countries Produce so Much More Output Per Worker than Others
TL;DR: This paper showed that differences in physical capital and educational attainment can only partially explain the variation in output per worker, and that a large amount of variation in the level of the Solow residual across countries is driven by differences in institutions and government policies.
Journal ArticleDOI
The Colonial Origins of Comparative Development: An Empirical Investigation
TL;DR: Acemoglu, Johnson, and Robinson as discussed by the authors used estimates of potential European settler mortality as an instrument for institutional variation in former European colonies today, and they followed the lead of Curtin who compiled data on the death rates faced by European soldiers in various overseas postings.
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Why do Some Countries Produce So Much More Output Per Worker than Others
Robert E. Hall,Charles I. Jones +1 more
TL;DR: This article showed that the differences in capital accumulation, productivity, and therefore output per worker are driven by differences in institutions and government policies, which are referred to as social infrastructure and called social infrastructure as endogenous, determined historically by location and other factors captured by language.
Journal ArticleDOI
Increasing Returns, Path Dependence, and the Study of Politics
TL;DR: In this paper, the authors conceptualized path dependence as a social process grounded in a dynamic of increasing returns, and demonstrated that increasing returns processes are likely to be prevalent and that good analytical foundations exist for exploring their causes and consequences.
Journal ArticleDOI
Institutions and economic performance: cross‐country tests using alternative institutional measures
Stephen Knack,Philip Keefer +1 more
TL;DR: The authors compared more direct measures of the institutional environment with both the instability proxies used by Barro (1991) and the Gastil indices, by comparing their effects both on growth and private investment.
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