Trew, Alex - Centre for Dynamic Macroeconomic Analysis, University … - 2009
potential role for institutions in determining the strength ¨C and direction ¨C of the scale effect. Using cross-country data …, we find a significant interaction between property rights institutions and the effect of scale on long-run growth: In … countries with poor prop?erty rights institutions, scale is positively related with income per capita; where property rights …