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Same Same but Different? A Comparison of Institutional Models

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  • Hansson, Gustav

    ()
    (Department of Economics, School of Business, Economics and Law, Göteborg University)

Abstract

In the growing literature on the creation of institutions, the theories emphasizing colonial and legal origin, religious affiliation, Western European influence, and settler mortality, have been especially influential. The influence of these studies rests heavily on empirical modeling, which, since the theories are obviously closely related, might actually capture the same primary mechanism. It is therefore unclear whether the empirical relationships found are the same or if they are different. Therefore, this paper takes the empirical models seriously and discriminates amongst the existing models by using modeling selection criteria, tests of encompassing, and modeling selection.

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File URL: http://hdl.handle.net/2077/18719
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Bibliographic Info

Paper provided by University of Gothenburg, Department of Economics in its series Working Papers in Economics with number 329.

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Length: 34 pages
Date of creation: 19 Nov 2008
Date of revision:
Handle: RePEc:hhs:gunwpe:0329

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Postal: Department of Economics, School of Business, Economics and Law, University of Gothenburg, Box 640, SE 405 30 GÖTEBORG, Sweden
Phone: 031-773 10 00
Web page: http://www.handels.gu.se/econ/
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Keywords: institutions; colonial origin; non-nested tests; modeling selection;

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References

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  13. Grier, Robin M, 1999. " Colonial Legacies and Economic Growth," Public Choice, Springer, vol. 98(3-4), pages 317-35, March.
  14. Hansson, Gustav, 2006. "Institutions and their Measures: A Black Box of Goodies," Working Papers in Economics 206, University of Gothenburg, Department of Economics.
  15. Easterly, W & Levine, R, 1996. "Africa's Growth Tragedy : Policies and Ethnic Divisions," Papers 536, Harvard - Institute for International Development.
  16. Mauro, Paolo, 1995. "Corruption and Growth," The Quarterly Journal of Economics, MIT Press, vol. 110(3), pages 681-712, August.
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