Flachaire, Emmanuel; Garcìa-Peñalosa, Cecilia; Konte, Maty - HAL - 2011
After a decade of research on the relationship between institutions and growth, scholars in this field seem to be … divided. Economic institutions perform well in growth regressions and a body of literature argues that this supports the key … literature describes are the more stable political institutions, and these have been found to play no role in empirical growth …