Economic Institutions and Social Progress
Name
pandp.20191081.pdf
Description
Published version
Size
576.66 KB
Format
Unknown
Checksum (MD5)
ffdfba79b94d1bdb994bebfb104cc345
Author(s)
Fehder, Daniel C.
Porter, Michael E.
Stern, Scott
Date Issued
May 2019
Journal
American Economic Association Papers and Proceedings
Publisher
American Economic Association
Citation
Fehder, Daniel C., Porter, Michael E. and Stern, Scott. 2019. "Economic Institutions and Social Progress." American Economic Association Papers and Proceedings, 109.
Version
Final published version
Abstract
Combining data from the social progress index and measures of economic institutions and performance, our analysis focuses on how changes in economic institutions and performance are related to subsequent changes in social progress (noneconomic dimensions of societal performance). We document a positive relationship between improved economic performance and subsequent social progress improvements, a separate impact of improved economic institutions on aspects of social progress that involve individual investment (such as education and health), and a noisy relationship between economic factors and those aspects of social progress related to issues of individual freedom and social inclusion.
MIT Department
Sloan School of Management
Terms of Use
Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use.
Persistent DSpace Link
DOI of Published Version
https://doi.org/10.1257/pandp.20191081
