ECONOMIC INSTITUTIONS AND HUMAN WELL-BEING: A CROSS-NATIONAL ANALYSIS

Seth W. Norton

25 citations0/0 files storedRePEc: Research Papers in Economics

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Culture, Economy, and Development Studies Economic Growth and Productivity Corruption and Economic Development

Abstract

Economic institutions are widely thought to be important in enhancing human well-being. Other scholars emphasize geography in determining economic deprivation and development. This paper examines both types of factors and finds that property rights and economic freedom substantially reduce poverty and enhance economic development.

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1991Institutions, Institutional Change and Economic Performance 1960The Problem of Social Cost 1992A Contribution to the Empirics of Economic Growth 2001Human Development Report 1999Why do Some Countries Produce So Much More Output Per Worker than Others?1997Does Social Capital Have an Economic Payoff? A Cross-Country Investigation 1999The quality of government 1995INSTITUTIONS AND ECONOMIC PERFORMANCE: CROSS‐COUNTRY TESTS USING ALTERNATIVE INSTITUTIONAL MEASURES

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