introduce a new theory as an extension of transaction cost economics to explain the relative merits of different governance …

, and input-output relations in the South. The main findings are: (i) Education and governance raise the level of TFP … directly; and (ii) education and governance also raise TFP through their interaction with foreign R&D in R …) that taking into account the interaction effects between trade, education and governance by reforming the policies …

This paper examines the impact of education, trade, governance and distance on technology diffusion and TFP in Latin …-2007). Findings are: i) TFP rises with education, trade, governance (ETG) and trade's R&D content, and falls with distance to the … (closest) North; ii) the East Asia - SAM education gap's impact equals that of trade plus governance; iii) an increase in SAM …

This paper examines the impact of North-South trade, education, governance and North-South distance, on technology … Great Recession (1976-2007). Findings are: i) TFP rises with education, trade, governance (ETG) and imports' R&D content … accounting for its TFP gap with East Asia; iii) the impact of the education gap equals the sum of the governance and openness …