The ratings of political institutions are well-known and widely used in academic literature. These ratings are mostly … indices predict economic growth better than those commonly used, primarily because they include information about institutions …

This paper contributes to the debate on the relationship between human capital, institutions, and economic growth. The … paper first develops a micro-foundation model linking institutions to human capital. The advantage of our modeling strategy … improvements in the quality of institutions foster human capital accumulation, decrease income inequality and change the historical …

This paper estimates the effect of institutions on economic growth in Sub-Saharan Africa over the period 1995-2007. We … that countries with good institutions grew faster than countries with poor institutions. Using external instruments, 2SLS … regressions point to a causal impact. Our findings are consistent with the view that institutions are a root cause of economic …

technology and institutions into the developing countries that host them. …