Bhupatiraju, Samyukta; Verspagen, Bart - United Nations University-Maastricht Economic Research … - 2013
by using a broader set of definitions for institutions, geography and economic variables. We use a multi-faceted database … to measure institutions in an attempt to go beyond the single-dimension measures that are often employed. We find that … institutions trump other factors (geography and trade) when we use GDP per capita as an independent variable. When we expand the …