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Persistent link: https://www.econbiz.de/10012605560
, geography has also affected colonization policies and, therefore, institutional outcomes. Using non-colonized countries as a … control group, I develop an empirical strategy that disentangles the partial effects of institutions and of endowments on … income. I find that institutions are the main determinant of development, but that endowments have a sizeable direct impact …
Persistent link: https://www.econbiz.de/10003882308
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experience a growth slowdown at the middle-income range. Although these so-called `deep determinants' such as geography and … institutions have been found to be decisive for the break out of stagnation and for explaining cross-country income differences by …
Persistent link: https://www.econbiz.de/10012205933
of institutions. The direct influence of geography on per capita incomes is robust to the inclusion of a sub … dependence on nineteenth-century mortality data. -- Agriculture ; geography ; growth ; institutions …
Persistent link: https://www.econbiz.de/10003867791
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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 …
Persistent link: https://www.econbiz.de/10010228513
institutions, natural resource rents cease to have a negative impact on long-term growth. Institutions in resource-based economies …
Persistent link: https://www.econbiz.de/10011472013
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 …
Persistent link: https://www.econbiz.de/10011407924