Medina, Eva; Montes-Gan, Vicente J. - In: Journal of applied economics 21 (2018) 1, pp. 44-66
The purpose of this research is to provide empirical evidence about what institutions are most likely to favor development in its different stages. Firstly, we identify the three development stages that prevailed in the world between 1996 and 2011 according to the income classification of the...
