Endogenous institutions and economic growth: evidence from China
نویسندگان
چکیده
منابع مشابه
Stock Market Development and Economic Growth: Empirical Evidence from China
It is important to understand the interplay between stock market and real economy to figure out the various channels through which financial markets drive economic growth. In the current study we investigate this relationship for Chinese economy, the fastest growing and largest emerging economy in the world. Using the methodology of unit root testing in the presence of structural breaks and usi...
متن کاملImpact of Environmental Quality Variables and Socio-Economic Factors on Human Health: Empirical Evidence from China
Carbon dioxide (CO2) is the foremost gas, emanated from human activities, and the best-known greenhouse gas, contributing to global warming, thus its negative effect on human health cannot be disregarded. The current paper investigates the relation between environmental quality variables, socio-economic factors, and human health from 1960 to 2014 in China, using Auto Regressive Distribution Lag...
متن کاملImpact of Environmental Quality Variables and Socio-Economic Factors on Human Health: Empirical Evidence from China
Carbon dioxide (CO2) is the foremost gas, emanated from human activities, and the best-known greenhouse gas, contributing to global warming, thus its negative effect on human health cannot be disregarded. The current paper investigates the relation between environmental quality variables, socio-economic factors, and human health from 1960 to 2014 in China, using Auto Regressive Distribution Lag...
متن کاملDemocratic Institutions and Economic Growth
The institutional structure of an economy is modeled as a portfolio. This model predicts that a sample of countries with highly diversi ed institutional structures should have a lower variance of economic growth rates than a sample of countries with homogeneous institutional structures. It also predicts that growth rates over time for individual countries with highly diversi ed institutional st...
متن کاملDecentralization in Financial Institutions: Theory and Evidence from China*
Decentralization facilitates more efficient use of local information but also can lead to agency problems and commitment failures. This paper develops simple models of a twotier hierarchy (the center vs. the local) to study the optimal division of lending authority between central and local bank managers. Using a unique data set collected by the authors from a survey of rural financial institut...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Financial Sciences
سال: 2020
ISSN: 2080-5993,2449-9811
DOI: 10.15611/fins.2020.1.05