Kelejian, Harry; Murrell, Peter; Shepotylo, Oleksandr - University of Maryland, Department of Economics - 2007
We examine spatial spillovers between countries in the development of institutions. Our dependent variables are three … measures of institutions that relate to politics, law, and governmental administration. The major explanatory variable on which … we focus is a spatial lag of the dependent variable, that is, the level of similar institutions in bordering countries …