Bhattacharyya, Sambit - In: Applied Economics Letters 11 (2004) 9, pp. 587-590
A survey of the recent literature on cross country development reveals that there is an agreement on the key role played by institutions in explaining variation in the level of income per capita. Rodrik et al. (NBER Working Paper No. w8119, February, 2002) goes further to argue the primacy of...