Institutions Rule : The Primacy of Institutions over Integration and Geography in Economic Development »
Series: IMF Working Papers
Author(s): Arvind Subramanian , Francesco Trebbi , and Dani Rodrik
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 2002
Keywords: Institutions, integration, geography, equation, statistics, dummy variable, equations, samples, Macroeconomic Analyses of Economic Development, Capitalist Systems: Political Economy
We estimate the respective contributions of institutions, geography, and trade in determining cross-country income levels using recently developed instruments for institutions and trade. Our results indicate that t...