ENGLISH

Unbundling Institutions at the Local Level: Conflict, Institutions and Income in Burundi

By Voors Maarten J. , Bulte Erwin H.

Book information

Language
english
Format
PDF
Filesize
151 kB (154703 bytes)
Pages
\44
Topic
Economy
Library
twirpx
Time added
2017-08-07 07:01:42
Финансово-экономические дисциплины;Институциональн

Description

2008Abstract: We use a new dataset from Burundi to analyze the role of local institutions asdeterminants of income, distinguishing between three distinct dimensions of the institutionalframework: (i) property rights security, (ii) local political leadership and (iii) social capital.Using measures of conflict intensity during the civil war as instruments for local institutionalquality, we demonstrate that property rights security is the most significant driver of longtermincome. These insights extend earlier results from cross-country income regressions,and confirm the scope for institutional reform to lift African communities out of poverty.Keywords: Property rights security, social capital, local governance, civil war, economicgrowth, Africa

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