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dc.contributor.authorHeitger, Bernharden_US
dc.coverage.temporal1975-1995en_US
dc.date.accessioned2009-01-28T15:00:18Z-
dc.date.available2009-01-28T15:00:18Z-
dc.date.issued2003en_US
dc.identifier.urihttp://hdl.handle.net/10419/17910-
dc.description.abstractThis paper investigates the quality of property rights and long-term economic growth in an international cross-section of countries in 1975?1995. The empirical tests indicate that the impact of private property rights on growth is positive and simultaneously determined. Correcting for the simultaneity bias reveals a regression coefficient which is quite remarkable: A doubling in the index of the quality of property rights leads to a more than doubling in per capita incomes. In addition, private property rights also impact the ?traditional? determinants of economic growth. Thus it seems appropriate to class private property rights with the ultimate sources of economic growth.en_US
dc.language.isoengen_US
dc.publisherKiel Institute for the World Economy (IfW) Kielen_US
dc.relation.ispartofseriesKieler Arbeitspapiere 1163en_US
dc.subject.jelO40en_US
dc.subject.ddc330en_US
dc.subject.keywordEconomic Growthen_US
dc.subject.keywordProperty Rightsen_US
dc.subject.keywordInstitutionsen_US
dc.subject.stwWirtschaftswachstumen_US
dc.subject.stwEigentumsrechten_US
dc.subject.stwInstitutionalismusen_US
dc.subject.stwSchätzungen_US
dc.subject.stwSozialprodukten_US
dc.subject.stwWelten_US
dc.titleProperty rights and their impact on the wealth of nations : a cross-country studyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn364353813en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:Publikationen von Forscherinnen und Forschern des IfW
Kieler Arbeitspapiere, IfW

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