Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/30477 
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dc.contributor.authorAharonovitz, Gilad D.en
dc.contributor.authorSkuza, Nathanen
dc.contributor.authorFahs, Faysalen
dc.date.accessioned2009-09-02-
dc.date.accessioned2010-05-14T08:20:04Z-
dc.date.available2010-05-14T08:20:04Z-
dc.date.issued2009-
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
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x2730en
dc.subject.jelA13en
dc.subject.jelC73en
dc.subject.jelE19en
dc.subject.jelO43en
dc.subject.jelZ10en
dc.subject.ddc330en
dc.subject.keywordeconomic developmenten
dc.subject.keywordinstitutionsen
dc.subject.keywordintegrityen
dc.subject.keywordLebanonen
dc.subject.keywordsocial normsen
dc.subject.keywordtrusten
dc.subject.stwEntwicklungen
dc.subject.stwInstitutionalismusen
dc.subject.stwVertrauenen
dc.subject.stwSoziale Normen
dc.subject.stwGlaubwürdigkeiten
dc.subject.stwTheorieen
dc.subject.stwLibanonen
dc.subject.stwKeniaen
dc.titleCan integrity replace institutions? : theory and evidence-
dc.typeWorking Paperen
dc.identifier.ppn60800832Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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