economic development. To answer this question, a new concept of the institutions-augmented Solow model is constructed. The … institutions-augmented Solow model fits the empirical data very well. It turns out that differences in physical capital, human … differences in economic development among the countries of the world. According to the institutions-augmented Solow model, the …

through institutional mechanisms. The purpose of this paper is to explore the relationship between social sector institutions … and basic institutions, taking into account the economic development of countries and the way in which they are formed. A … number of empiric studies confirmed significant role of institutions to provide conditions for economic development. In order …

This paper provides evidence on the moderating effects of institutions on the marginal effects of human capital …, improving the quality of institutions moderates the marginal effect of human capital on FDI inflows. Drawing on these findings …, policymakers in developing countries are advised to undertake a set of reforms to upgrade the quality of institutions, improve …

This paper presents an integrated overview of the literature linking institutions, financial development and economic … impact of institutions on growth through financial development. …