cross-country income differences. This paper analyzesthe effects of institutions and innovations on country productivity … growth. The empiricalevidence shows that institutions and innovations matter, in particular for human capitalefficiency …. Without controlling for endogeneity the effect of innovations turns significantonly when aggregate institutions indexes or …

The paper aims to examine the role of institutions relative to economic policy and geography in explaining the … indicate that institutions matter in the context of specific economic policy mixes and geography related factors illustrated by … disease burden, etc. It demonstrates that relative influence of institutions varies across stages of development. …

The paper uses nonparametric methodology to examine the role of institutions in understanding differential levels of … impact of institutions on development. The preliminary cross-country findings show that (i) institutional quality positively … parametric results established in the literature, the nonparametric analysis lends further support to the view that institutions …

determinants. We add to the literature by investigating whether the degree to which economic institutions and policies are market …

exceptionalism: Sweden became rich because of well-functioning capitalist institutions, and inequality was low before the expansion …

entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity …