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We estimate the respective contributions of institutions, geography, and trade in determining cross-country income levels using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions ""trumps"" everything else. Controlling for...
Persistent link: https://www.econbiz.de/10014401492
We examine the effects of aid on growth-- in cross-sectional and panel data--after correcting for the bias that aid … evidence of a positive (or negative) relationship between aid inflows into a country and its economic growth. We also find no …: what aspects of aid offset what ought to be the indisputable growth enhancing effects of resource transfers? Thus, our …
Persistent link: https://www.econbiz.de/10014400078