Siddiqui, Danish Ahmed; Ahmed, Qazi Masood - In: Structural Change and Economic Dynamics 24 (2013) C, pp. 18-33
This study examines how institutional indicators influence economic growth in a theoretical framework proposed by North (1981). Thirty-one indicators each covering 84 countries over a span of 5 years have been used to extract factors based on principal component analysis. Factors based on these...