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.
- Language
-
Englisch
- Bibliographic citation
-
Series: HWWI Research Paper ; No. 1-18
- Classification
-
Wirtschaft
- Subject
-
sustainable development
adjusted net saving
genuine saving
institutions
resource curse
settler mortality
- Event
-
Geistige Schöpfung
- (who)
-
Stöver, Jana
- Event
-
Veröffentlichung
- (who)
-
Hamburgisches WeltWirtschaftsInstitut (HWWI)
- (where)
-
Hamburg
- (when)
-
2009
- Handle
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Stöver, Jana
- Hamburgisches WeltWirtschaftsInstitut (HWWI)
Time of origin
- 2009
Other Objects (12)
Do Institutions Affect Citizens' Selection into Politics?
Do institutions affect social preferences? Evidence from divided Korea
Do Institutions Affect Social Preferences? Evidence from Divided Korea
How Do Institutions Affect the Impact of Natural Disasters?
How do laws and institutions affect recovery rates on collateral?
How enforcement institutions affect markets
Capital Market Institutions and Venture Capital: Do They Affect Unemployment and Labour Demand?
How labor market institutions affect technological choices
Do Sanctions Affect Growth?
Financial sustainability for private higher education institutions
Do Leaders Affect Ethical Conduct?
Do government purchases affect unemployment?
Do Institutions Affect Citizens' Selection into Politics?
Do institutions affect social preferences? Evidence from divided Korea
Do Institutions Affect Social Preferences? Evidence from Divided Korea
How Do Institutions Affect the Impact of Natural Disasters?
How do laws and institutions affect recovery rates on collateral?
How enforcement institutions affect markets
Capital Market Institutions and Venture Capital: Do They Affect Unemployment and Labour Demand?
How labor market institutions affect technological choices
Do Sanctions Affect Growth?
Financial sustainability for private higher education institutions
Do Leaders Affect Ethical Conduct?
Do government purchases affect unemployment?
Do Institutions Affect Citizens' Selection into Politics?
Do institutions affect social preferences? Evidence from divided Korea
Do Institutions Affect Social Preferences? Evidence from Divided Korea
How Do Institutions Affect the Impact of Natural Disasters?
How do laws and institutions affect recovery rates on collateral?
How enforcement institutions affect markets
Capital Market Institutions and Venture Capital: Do They Affect Unemployment and Labour Demand?
How labor market institutions affect technological choices
Do Sanctions Affect Growth?
Financial sustainability for private higher education institutions
Do Leaders Affect Ethical Conduct?