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Institutions of conflict management and economic growth revisited: a short note |
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| Authors: | Friedrich Schneider Stefan D Haigner Stefan Jenewein Florian Wakolbinger |
| Institution: | 1. Department of Economics, University of Linz, Linz, Austria 3. Department of Public Economics, University of Innsbruck, Innsbruck, Austria 2. Gesellschaft für Angewandte Wirtschaftsforschung (GAW), Innsbruck, Austria |
| Abstract: | We study the effects of institutions of conflict management like corporatism, trust, civic norms and group membership on economic growth. By employing Schneider and Wagner’s (Kyklos 54:509–532, 2001) model and data from 1990–2011, we show that corporatism has (still) a positive coordination effect and a negative rent-seeking effect. The total effect is positive for most countries. |
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