Determinants of institutional quality: an empirical exploration

IF 3.3 3区经济学 Q1 DEVELOPMENT STUDIES

Journal of Economic Policy Reform Pub Date : 2020-04-02 DOI:10.1080/17487870.2020.1719102

J. Alonso, Carlos Garcimartín, Virmantas Kvedaras

引用次数: 12

Abstract

ABSTRACT Recent literature has underlined the role that institutions play in the process of development, making it essential to understand why differences exist in the quality of institutions across countries. The goal of this study is to investigate the determinants of institutional quality. Our results confirm that institutional quality is conditioned by variables that can be modulated by public policy, such as income per capita, international openness, education, taxation, and patterns of income (re)distribution. Our conclusions differ from the pessimistic outlooks of works highlighting deterministic factors, such as colonial or geographical factors, as determinants of institutional quality.

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制度质量的决定因素:实证探索

最近的文献强调了制度在发展过程中所起的作用，这使得理解各国制度质量差异的原因变得至关重要。本研究的目的是探讨制度质量的决定因素。我们的研究结果证实，制度质量受到可以通过公共政策调节的变量的制约，如人均收入、国际开放程度、教育、税收和收入(再)分配模式。我们的结论不同于那些强调决定性因素(如殖民或地理因素)作为制度质量决定因素的作品的悲观观点。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Economic Policy Reform Multiple-

CiteScore

6.60

自引率

0.00%

发文量

期刊介绍： The Journal of Economic Policy Reform focuses on the analysis of economic policy reform. The journal draws upon what lessons can be learned from the successes and failures of countries undertaking reforms and how existing theories can be developed to shed light on positive as well as normative aspects of the reform process. The Journal of Economic Policy Reform encourages work from economists and political economy analysts on policies to promote growth and reduce poverty, intellectual property rights, aid versus trade, debt and debt relief, taxation and social security systems, surveys of key reform issues, as well as on corruption, democracy, emerging markets and the role of multilateral institutions.