Kourtellos, Andros; Stengos, Thanasis; Tan, Chih ming - In: Economics Bulletin 30 (2010) 3, pp. 1710-1719
We uncover evidence of substantial heterogeneity in the growth experience of countries using a structural threshold regression methodology. Our findings suggest that studies that seek to promote mono-causal explanations in the institutions versus geography debate in growth are potentially misleading