Rigobon, Roberto; Rodrik, Dani - In: The Economics of Transition 13 (2005) 3, pp. 533-564
We estimate the interrelationships among economic institutions, political institutions, openness, and income levels, using identification through heteroskedasticity (IH). We split our cross-national dataset into two sub-samples: (i) colonies versus non-colonies; and (ii) continents aligned on an...