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Industrial growth and the quality of institutions : what do (transition) economies have to gain from the Rule of Law?
The authors empirically test the link between industrial growth and indicators of institutional quality. They find significant evidence that institutional quality affects inindustrial growth in 27 Asian and Latin American countries. Their results suggest that the development of the legal and regulatory framework works its way to industrial growth through both investment and total factor productivity.
| Link | http://www-wds.worldbank.…64258546&theSitePK=523679 |
|---|---|
| Author | Grigorian, D., Martinez, A. |
| Date | 30-Nov-2000 |
| Institute | World Bank |
| Tags | industry, transition, rule, of, law |
See also
- Ten years after: what is special about transition countries?
- Law and finance in transition economies
- Kyrgyz Republic - Country Economic Memorandum - Enhancing the prospects for growth and trade (Vol. 1 of 2) : Main report (Russian)
- Kyrgyz Republic - Country Economic Memorandum - Enhancing the prospects for growth and trade (Vol. 2 of 2) : Annexes (Russian)
- Microeconomic evidence of cMicroeconomic evidence of creative destruction in industrial and developing countriesreative destruction in industrial and developing countries
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