Globalization, institutions, and the ethnic divide: Recent longitudinal evidence

Arbeitspapier

This paper investigates the determinants of economic growth emphasizing the role of institutional quality, social fragmentation, and increasing global integration on recent growth experience. Our longitudinal data consists of 103 countries covering the period 1992-2005. We find that democracies have significantly outperformed autocracies over the sample period and the security of property rights has played a critical role in promoting economic growth. Ethnic heterogeneity has been a significant impediment to growth but religious and linguistic heterogeneity have not. Further, while economic globalization has had a general beneficial impact on economic growth, societies marked by greater ethnic heterogeneity have actually gained more from global integration. This suggests the importance of globalization in redressing the detrimental impact of ethnic cleavages in society (Hegre et al, 2003; Bhagwati, 2004; Mousseau and Mousseau, 2008; Dreher et al, 2008).

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IZA Discussion Papers ; No. 6459

Classification and Topics

• Classification: Wirtschaft ; Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence ; Institutions and Growth ; Capitalist Systems: Property Rights
• Subject: growth ; democracy ; property rights ; ethnic heterogeneity ; globalization ; Wirtschaftswachstum ; Institutionalismus ; Demokratie ; Eigentumsrecht ; Ethnische Beziehungen ; Globalisierung ; Multikulturelle Gesellschaft ; Schätzung ; Welt

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Wunnava, Phanindra V. ; Mitra, Aniruddha ; Prasch, Robert E.
• Event: Veröffentlichung
• (who): Institute for the Study of Labor (IZA)
• (where): Bonn
• (when): 2012

Further information

• Handle: http://hdl.handle.net/10419/58526
• URN: urn:nbn:de:101:1-201208065410
• Last update: 10.03.2025, 11:44 AM CET