Flachaire, Emmanuel; García-Peñalosa, Cecilia; Konte, Maty - In: Journal of Comparative Economics 42 (2014) 1, pp. 212-229
After a decade of research on the relationship between institutions and growth, there is no consensus about the exact way in which these two variables interact. In this paper we re-examine the role that institutions play in the growth process using data for developed and developing economies...