variables, we find that (i) resource abundance, constitutions and institutions determine resource dependence, (ii) resource …

This research explores the origins of the variation in the prevalence and nature of political institutions across globe … of political institutions across regions and societies. The study establishes that, while human diversity has amplified … the beneficial e.ects of institutions, mitigating the adverse e.ects of non-cohesiveness, its simultaneous contribution to …

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 …