Four essays on institutions and economics
Estás aquí:
- Autor: Laura López Gómez
- Director/es: Arielle Beyaert, José García Solanes
- Defensa: 18/10/2019 - Facultad de Economía y Empresa. Universidad de Murcia
- Tribunal: Máximo Camacho Alonso, María Dolores Guilló Fuertes, Ana María Cuadros Ramos
- Calificación: Sobresaliente cum laude
- Ver publicaciones relacionadas
ABSTRACT
The objective of this thesis is to analyse how institutional quality affects economic performance at different levels. We use various econometric techniques to study institutional convergence in the eurozone countries; we next carry out counterfactual analysis to determine to what extent the implementation of the single currency affected the level of corruption in the eurozone countries. The next step is to analyse the effect of institutional quality on long-term growth. Finally, we study the impact of institutions at an international level in two different aspects: we first evaluate the relationship between institutions and tourism demand at country level and second the spatial effects of the tourism demand.
WP_Query Object
(
[query] => Array
(
[post_type] => publicaciones
[meta_key] => _wpcf_belongs_tesis_id
[meta_value] => 2650
)
[query_vars] => Array
(
[post_type] => publicaciones
[meta_key] => _wpcf_belongs_tesis_id
[meta_value] => 2650
[error] =>
[m] =>
[p] => 0
[post_parent] =>
[subpost] =>
[subpost_id] =>
[attachment] =>
[attachment_id] => 0
[name] =>
[pagename] =>
[page_id] => 0
[second] =>
[minute] =>
[hour] =>
[day] => 0
[monthnum] => 0
[year] => 0
[w] => 0
[category_name] =>
[tag] =>
[cat] =>
[tag_id] =>
[author] =>
[author_name] =>
[feed] =>
[tb] =>
[paged] => 0
[preview] =>
[s] =>
[sentence] =>
[title] =>
[fields] =>
[menu_order] =>
[embed] =>
[category__in] => Array
(
)
[category__not_in] => Array
(
)
[category__and] => Array
(
)
[post__in] => Array
(
)
[post__not_in] => Array
(
)
[post_name__in] => Array
(
)
[tag__in] => Array
(
)
[tag__not_in] => Array
(
)
[tag__and] => Array
(
)
[tag_slug__in] => Array
(
)
[tag_slug__and] => Array
(
)
[post_parent__in] => Array
(
)
[post_parent__not_in] => Array
(
)
[author__in] => Array
(
)
[author__not_in] => Array
(
)
[ignore_sticky_posts] =>
[suppress_filters] =>
[cache_results] => 1
[update_post_term_cache] => 1
[lazy_load_term_meta] => 1
[update_post_meta_cache] => 1
[posts_per_page] => 10
[nopaging] =>
[comments_per_page] => 50
[no_found_rows] =>
[order] => DESC
)
[tax_query] => WP_Tax_Query Object
(
[queries] => Array
(
)
[relation] => AND
[table_aliases:protected] => Array
(
)
[queried_terms] => Array
(
)
[primary_table] => wp_posts
[primary_id_column] => ID
)
[meta_query] => WP_Meta_Query Object
(
[queries] => Array
(
[0] => Array
(
[key] => _wpcf_belongs_tesis_id
[value] => 2650
)
[relation] => OR
)
[relation] => AND
[meta_table] => wp_postmeta
[meta_id_column] => post_id
[primary_table] => wp_posts
[primary_id_column] => ID
[table_aliases:protected] => Array
(
[0] => wp_postmeta
)
[clauses:protected] => Array
(
[wp_postmeta] => Array
(
[key] => _wpcf_belongs_tesis_id
[value] => 2650
[compare] => =
[compare_key] => =
[alias] => wp_postmeta
[cast] => CHAR
)
)
[has_or_relation:protected] =>
)
[date_query] =>
[request] =>
SELECT SQL_CALC_FOUND_ROWS wp_posts.ID
FROM wp_posts INNER JOIN wp_postmeta ON ( wp_posts.ID = wp_postmeta.post_id )
WHERE 1=1 AND (
( wp_postmeta.meta_key = '_wpcf_belongs_tesis_id' AND wp_postmeta.meta_value = '2650' )
) AND ((wp_posts.post_type = 'publicaciones' AND (wp_posts.post_status = 'publish')))
GROUP BY wp_posts.ID
ORDER BY wp_posts.post_date DESC
LIMIT 0, 10
[posts] => Array
(
[0] => WP_Post Object
(
[ID] => 3628
[post_author] => 19
[post_date] => 2023-03-01 13:11:02
[post_date_gmt] => 2023-03-01 12:11:02
[post_content] => Purpose – This paper aims to apply regression-tree analysis to capture the nonlinear effects of corruption on economic growth. Using data of 103 countries for the period 1996–2017, the authors endogenously detect two distinct areas in corruption quality in which the members share the same model of economic growth. Design/methodology/approach – The authors apply regression tree analysis to capture the nonlinearity of the influences. This methodology allows us to split endogenously the whole sample of
countries and characterize the different ways through which corruption impacts economic growth in each group of countries. Findings – The traditional determinants of economic growth have different impacts on countries depending on their level of corruption, which, in turn, confirms the parameter heterogeneity of the Solow model found in other strands of the literature. Originality/value – The authors apply a new approach to a worldwide sample obtaining novel results. [post_title] => Corruption, quality of institutions and growth [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => corruption-quality-of-institutions-and-growth [to_ping] => [pinged] => [post_modified] => 2023-03-07 13:12:15 [post_modified_gmt] => 2023-03-07 12:12:15 [post_content_filtered] => [post_parent] => 0 [guid] => http://doctoradodecide.com/?post_type=publicaciones&p=3628 [menu_order] => 0 [post_type] => publicaciones [post_mime_type] => [comment_count] => 0 [filter] => raw ) [1] => WP_Post Object ( [ID] => 2661 [post_author] => 19 [post_date] => 2019-09-10 12:21:51 [post_date_gmt] => 2019-09-10 10:21:51 [post_content] => In this paper, we analyzes institutional convergence across eurozone economies with data of six institutional variables for the period December 1998- July 2018. The underlying motivation is that institutional factors, apart from affecting economic performance in the short-run, are key determinants of the long run per-capita income levels of the countries. We apply the third-generation panel unit root test developed by Bai and Carrion-I-Silvestre (2009) to test for stochastic convergence and complete the results with distribution dynamics analysis. We find that no convergence has taken place either across the members of the whole eurozone, or in any of the several sub-groups of this area considered in the analysis; we also detect a general institutional degradation in the peripheral and Eastern countries with respect to the best positioned countries. We also find that the Eastern members of the eurozone suffered backsliding in Investment Profile since their accession to the euro area, but not in the other five institutional indicators. Our results suggest some policy prescriptions that would require a new approach towards the implementation of the European cohesion policies. [post_title] => Do institutions of the euro area converge? [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => do-institutions-of-the-euro-area-converge [to_ping] => [pinged] => [post_modified] => 2023-03-07 13:07:54 [post_modified_gmt] => 2023-03-07 12:07:54 [post_content_filtered] => [post_parent] => 0 [guid] => http://doctoradodecide.com/?post_type=publicaciones&p=2661 [menu_order] => 0 [post_type] => publicaciones [post_mime_type] => [comment_count] => 0 [filter] => raw ) ) [post_count] => 2 [current_post] => -1 [in_the_loop] => [post] => WP_Post Object ( [ID] => 3628 [post_author] => 19 [post_date] => 2023-03-01 13:11:02 [post_date_gmt] => 2023-03-01 12:11:02 [post_content] => Purpose – This paper aims to apply regression-tree analysis to capture the nonlinear effects of corruption on economic growth. Using data of 103 countries for the period 1996–2017, the authors endogenously detect two distinct areas in corruption quality in which the members share the same model of economic growth. Design/methodology/approach – The authors apply regression tree analysis to capture the nonlinearity of the influences. This methodology allows us to split endogenously the whole sample of
countries and characterize the different ways through which corruption impacts economic growth in each group of countries. Findings – The traditional determinants of economic growth have different impacts on countries depending on their level of corruption, which, in turn, confirms the parameter heterogeneity of the Solow model found in other strands of the literature. Originality/value – The authors apply a new approach to a worldwide sample obtaining novel results. [post_title] => Corruption, quality of institutions and growth [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => corruption-quality-of-institutions-and-growth [to_ping] => [pinged] => [post_modified] => 2023-03-07 13:12:15 [post_modified_gmt] => 2023-03-07 12:12:15 [post_content_filtered] => [post_parent] => 0 [guid] => http://doctoradodecide.com/?post_type=publicaciones&p=3628 [menu_order] => 0 [post_type] => publicaciones [post_mime_type] => [comment_count] => 0 [filter] => raw ) [comment_count] => 0 [current_comment] => -1 [found_posts] => 2 [max_num_pages] => 1 [max_num_comment_pages] => 0 [is_single] => [is_preview] => [is_page] => [is_archive] => 1 [is_date] => [is_year] => [is_month] => [is_day] => [is_time] => [is_author] => [is_category] => [is_tag] => [is_tax] => [is_search] => [is_feed] => [is_comment_feed] => [is_trackback] => [is_home] => [is_privacy_policy] => [is_404] => [is_embed] => [is_paged] => [is_admin] => [is_attachment] => [is_singular] => [is_robots] => [is_favicon] => [is_posts_page] => [is_post_type_archive] => 1 [query_vars_hash:WP_Query:private] => 17480b9232468c68811a7e77efe959b8 [query_vars_changed:WP_Query:private] => [thumbnails_cached] => [allow_query_attachment_by_filename:protected] => [stopwords:WP_Query:private] => [compat_fields:WP_Query:private] => Array ( [0] => query_vars_hash [1] => query_vars_changed ) [compat_methods:WP_Query:private] => Array ( [0] => init_query_flags [1] => parse_tax_query ) )
countries and characterize the different ways through which corruption impacts economic growth in each group of countries. Findings – The traditional determinants of economic growth have different impacts on countries depending on their level of corruption, which, in turn, confirms the parameter heterogeneity of the Solow model found in other strands of the literature. Originality/value – The authors apply a new approach to a worldwide sample obtaining novel results. [post_title] => Corruption, quality of institutions and growth [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => corruption-quality-of-institutions-and-growth [to_ping] => [pinged] => [post_modified] => 2023-03-07 13:12:15 [post_modified_gmt] => 2023-03-07 12:12:15 [post_content_filtered] => [post_parent] => 0 [guid] => http://doctoradodecide.com/?post_type=publicaciones&p=3628 [menu_order] => 0 [post_type] => publicaciones [post_mime_type] => [comment_count] => 0 [filter] => raw ) [1] => WP_Post Object ( [ID] => 2661 [post_author] => 19 [post_date] => 2019-09-10 12:21:51 [post_date_gmt] => 2019-09-10 10:21:51 [post_content] => In this paper, we analyzes institutional convergence across eurozone economies with data of six institutional variables for the period December 1998- July 2018. The underlying motivation is that institutional factors, apart from affecting economic performance in the short-run, are key determinants of the long run per-capita income levels of the countries. We apply the third-generation panel unit root test developed by Bai and Carrion-I-Silvestre (2009) to test for stochastic convergence and complete the results with distribution dynamics analysis. We find that no convergence has taken place either across the members of the whole eurozone, or in any of the several sub-groups of this area considered in the analysis; we also detect a general institutional degradation in the peripheral and Eastern countries with respect to the best positioned countries. We also find that the Eastern members of the eurozone suffered backsliding in Investment Profile since their accession to the euro area, but not in the other five institutional indicators. Our results suggest some policy prescriptions that would require a new approach towards the implementation of the European cohesion policies. [post_title] => Do institutions of the euro area converge? [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => do-institutions-of-the-euro-area-converge [to_ping] => [pinged] => [post_modified] => 2023-03-07 13:07:54 [post_modified_gmt] => 2023-03-07 12:07:54 [post_content_filtered] => [post_parent] => 0 [guid] => http://doctoradodecide.com/?post_type=publicaciones&p=2661 [menu_order] => 0 [post_type] => publicaciones [post_mime_type] => [comment_count] => 0 [filter] => raw ) ) [post_count] => 2 [current_post] => -1 [in_the_loop] => [post] => WP_Post Object ( [ID] => 3628 [post_author] => 19 [post_date] => 2023-03-01 13:11:02 [post_date_gmt] => 2023-03-01 12:11:02 [post_content] => Purpose – This paper aims to apply regression-tree analysis to capture the nonlinear effects of corruption on economic growth. Using data of 103 countries for the period 1996–2017, the authors endogenously detect two distinct areas in corruption quality in which the members share the same model of economic growth. Design/methodology/approach – The authors apply regression tree analysis to capture the nonlinearity of the influences. This methodology allows us to split endogenously the whole sample of
countries and characterize the different ways through which corruption impacts economic growth in each group of countries. Findings – The traditional determinants of economic growth have different impacts on countries depending on their level of corruption, which, in turn, confirms the parameter heterogeneity of the Solow model found in other strands of the literature. Originality/value – The authors apply a new approach to a worldwide sample obtaining novel results. [post_title] => Corruption, quality of institutions and growth [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => corruption-quality-of-institutions-and-growth [to_ping] => [pinged] => [post_modified] => 2023-03-07 13:12:15 [post_modified_gmt] => 2023-03-07 12:12:15 [post_content_filtered] => [post_parent] => 0 [guid] => http://doctoradodecide.com/?post_type=publicaciones&p=3628 [menu_order] => 0 [post_type] => publicaciones [post_mime_type] => [comment_count] => 0 [filter] => raw ) [comment_count] => 0 [current_comment] => -1 [found_posts] => 2 [max_num_pages] => 1 [max_num_comment_pages] => 0 [is_single] => [is_preview] => [is_page] => [is_archive] => 1 [is_date] => [is_year] => [is_month] => [is_day] => [is_time] => [is_author] => [is_category] => [is_tag] => [is_tax] => [is_search] => [is_feed] => [is_comment_feed] => [is_trackback] => [is_home] => [is_privacy_policy] => [is_404] => [is_embed] => [is_paged] => [is_admin] => [is_attachment] => [is_singular] => [is_robots] => [is_favicon] => [is_posts_page] => [is_post_type_archive] => 1 [query_vars_hash:WP_Query:private] => 17480b9232468c68811a7e77efe959b8 [query_vars_changed:WP_Query:private] => [thumbnails_cached] => [allow_query_attachment_by_filename:protected] => [stopwords:WP_Query:private] => [compat_fields:WP_Query:private] => Array ( [0] => query_vars_hash [1] => query_vars_changed ) [compat_methods:WP_Query:private] => Array ( [0] => init_query_flags [1] => parse_tax_query ) )
