The literature on the relationship between the size of government and economic growth is
full of seemingly contradictory findings. This conflict is largely explained by variations in …

Corruption is a symptom of weak institutional quality and could have potentially adverse
effects on economic growth. However, heterogeneity in reported findings makes it difficult to …

We assemble data on government ownership of banks around the world. The data show that
such ownership is large and pervasive, and higher in countries with low levels of per capita …

Renewable energy is a variable influencing CO 2 emission. Previous studies investigated its
effects on CO 2 emission in the European Union (EU) countries using classical …

A global consensus exists emphasizing the need to curtail carbon emissions to preserve the
environment and promote sustainable development. In this study, we investigate the impact …

How important a good ESG performance is for GDP per capita? In this paper we examine
the economic effect of environmental, social and governance (ESG) performance in 29 …

We provide new empirical evidence on the relationship between inward foreign direct
investment (FDI) and total factor productivity (TFP) growth using cross-country data for 51 …

This study analyzes the effects of corruption on economic growth for different levels of
economic freedom. The effects of corruption on the economy, which can increase or …

Problems associated with cronyism, corporatism, and policies that favor the elite over the
masses have received increasing attention in recent years. Political Capitalism explains that …

The literature on institutions and economic growth shows a close relationship between the
quality of institutions and prosperity. This paper examines the impact of institutions on …