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dc.contributor.authorAharonovitz, Gilad D.en_US
dc.contributor.authorSkuza, Nathanen_US
dc.contributor.authorFahs, Faysalen_US
dc.date.accessioned2009-09-02en_US
dc.date.accessioned2010-05-14T08:20:04Z-
dc.date.available2010-05-14T08:20:04Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/30477-
dc.description.abstractInstitutions are important for proper economic performance, but are replaceable by trust or other social norms. We show that when proper institutions and trust are missing, integrity of the individuals can replace them. We construct a model of a transactions-based economy with contracts preceding the transactions, and show that any one of (1) institutions, (2) trust, or (3) integrity, foster economic growth. We construct data of economic performance of social groups in Lebanon, measure integrity and other values of these groups, and use this data and data from Kenya to support one of the model's predictions. Policy implications are discussed.en_US
dc.language.isoengen_US
dc.publisherCESifo Münchenen_US
dc.relation.ispartofseriesCESifo working paper 2730en_US
dc.subject.jelA13en_US
dc.subject.jelC73en_US
dc.subject.jelE19en_US
dc.subject.jelO43en_US
dc.subject.jelZ10en_US
dc.subject.ddc330en_US
dc.subject.keywordeconomic developmenten_US
dc.subject.keywordinstitutionsen_US
dc.subject.keywordintegrityen_US
dc.subject.keywordLebanonen_US
dc.subject.keywordsocial normsen_US
dc.subject.keywordtrusten_US
dc.subject.stwEntwicklungen_US
dc.subject.stwInstitutionalismusen_US
dc.subject.stwVertrauenen_US
dc.subject.stwSoziale Normen_US
dc.subject.stwGlaubwürdigkeiten_US
dc.subject.stwTheorieen_US
dc.subject.stwLibanonen_US
dc.subject.stwKeniaen_US
dc.titleCan integrity replace institutions? : theory and evidenceen_US
dc.typeWorking Paperen_US
dc.identifier.ppn60800832Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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