Arbeitspapier
Do institutions affect sustainability?
This paper shows a significant and causal positive relationship between good institutions and sustainability. Sustainability is measured by the indicator of adjusted net saving (ANS) and institutional quality by an average of six dimensions of governance. An instrumental variable is used to rule out reverse causality. Conducting the regression accordingly on the national savings rate yields a much weaker and smaller effect. This suggests that the saving of non-physical capital is influenced more strongly by institutional quality than that of physical capital. This further supports the explanation of the 'resource curse' by institutions.
- Sprache
-
Englisch
- Erschienen in
-
Series: HWWI Research Paper ; No. 1-18
- Klassifikation
-
Wirtschaft
- Thema
-
sustainable development
adjusted net saving
genuine saving
institutions
resource curse
settler mortality
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Stöver, Jana
- Ereignis
-
Veröffentlichung
- (wer)
-
Hamburgisches WeltWirtschaftsInstitut (HWWI)
- (wo)
-
Hamburg
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Stöver, Jana
- Hamburgisches WeltWirtschaftsInstitut (HWWI)
Entstanden
- 2009
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