Busse, Matthias; Groizard, José Luis - Departament d'Economia Aplicada, Facultat de Ciències … - 2006
overall trade is not the most appropriate measure for technology diffusion as a source of productivity growth and propose to …Recent evidence on the respective contributions of institutions and trade to income levels across countries has … demonstrated that – once endogeneity is considered – institutional quality clearly dominates the effect of trade. We argue that …