Hidden Bibliographic Details
| Other authors / contributors: | Subramanian, Arvind.
Trebbi, Francesco.
International Monetary Fund. African Department.
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| ISBN: | 1451904983
9781451904987
1462325637
9781462325634
1452749175
9781452749174
1282108719
9781282108714
9786613802064
6613802069
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| Notes: | Includes bibliographical references (pages 45-46).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | 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 the quality of institutions "trumps" everything else. Controlling for institutions, geography have at best weak direct effects on incomes, although it has a strong indirect effect through institutions. Similarly, controlling for institutions, trade has a negative, albeit, insignificant direct effect on income, although trade too has a positive effect on institutional quality. We relate our results to recent literature, and where differences exist, trace their origins to choices on samples, specification, and instrumentation.
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| Other form: | Print version: Rodrik, Dani. Institutions rule. [Washington, D.C.] : International Monetary Fund, ©2002
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| Standard no.: | 10.5089/9781451904987.001
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