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-2004, by taking into account the spatial effects due to both institutions and geography. These effects have been modeled by … substantive spatial externalities. Within this framework, the country-specific institutions are strongly and positively related to …
Persistent link: https://www.econbiz.de/10008476227
Persistent link: https://www.econbiz.de/10013190847
of institutions. The direct influence of geography on per capita incomes is robust to the inclusion of a sub …
Persistent link: https://www.econbiz.de/10010288513
This paper analyzes the determinants of local institutions and distribution of political power within a constant 'macro …
Persistent link: https://www.econbiz.de/10005039651
we show that differences in biogeographic initial conditions and in geography largely account for the different timings … nations today. The effects of biogeography and geography on the wealth of nations are partly mediated by the quality of … presentday institutions, but are also partly independent of institutional quality. <p> …
Persistent link: https://www.econbiz.de/10005771214
This paper analyzes the determinants of local institutions and distribution of political power within a constant ‘macro …
Persistent link: https://www.econbiz.de/10005011896
Washington Consensus doctrine. The new mantra from the Washington Consensus Mark 2 is “get the institutions right.” The danger is … that an elastic definition of the term “institutions” will render the current mantra intellectually vacuous. 3. While …. 5. The Washington Consensus does not recognize the constraints that geography and ecology could set on the growth …
Persistent link: https://www.econbiz.de/10005556001
Washington Consensus doctrine. The new mantra from the Washington Consensus Mark 2 is “get the institutions right.” The danger is … that an elastic definition of the term “institutions” will render the current mantra intellectually vacuous. 3. While …. 5. The Washington Consensus does not recognize the constraints that geography and ecology could set on the growth …
Persistent link: https://www.econbiz.de/10005118852
We estimate the respective contributions of institutions, geography, and trade in determining income levels around the … institutions 'trumps' everything else. Once institutions are controlled for, measures of geography have at best weak direct effects … world, using recently developed instruments for institutions and trade. Our results indicate that the quality of …
Persistent link: https://www.econbiz.de/10005667122
, geography has also affected colonization policies and, therefore, institutional outcomes. Using non-colonized countries as a … the historical determinants of institutions with the sizeable direct impact of geographic endowments on development. …
Persistent link: https://www.econbiz.de/10010283609