Empirical studies of the impact of geography and institutions on growth and development at the international level have … both geography and institutions, are very important for economic development, having significant effects lasting hundreds …

Many cross-country studies acknowledge the indispensable role of institutions in promoting economic growth and in … sustaining economic development. So, their emphases have shifted to determine the most influential institution(s) in order to be … specific. While these papers are widespread in the recent literature, the role of institutions within-country level has not …

countries, focusing on within-country effects of geography and institutions. I find that several geographic factors have … no evidence of a positive effect of subnational institutions on within-country differences in income, whether … institutions are measured by property rights protection, corruption control, law and order, or regulatory efficiency …

economic development. To answer this question, a new concept of the institutions-augmented Solow model is constructed. The … institutions-augmented Solow model fits the empirical data very well. It turns out that differences in physical capital, human … differences in economic development among the countries of the world. According to the institutions-augmented Solow model, the …

institutions, natural resource rents cease to have a negative impact on long-term growth. Institutions in resource-based economies …

We explore a newly available dataset on quality of growth to investigate the effect of institutions on growth quality … in 93 developing countries for the period 1990 to 2011. Quality of institutions is measured in term of political risk … established. First, institutions are positively related to the quality of growth. Second, institutions have significantly …

This paper develops the empirical and theoretical case that differences in economic institutions are the fundamental … cause of differences in economic development. We first document the empirical importance of institutions by focusing on two … “quasi-natural experiments” in history, the division of Korea into two parts with very different economic institutions and …