The Primacy of Institutions Reconsidered: The Effects of Malaria Prevalence in the Empirics of Development
AbstractI reconsider the primacy of institutions over geography as an explanatory factor of cross-country differences in economic performance, which has recently been postulated by Acemoglu et al. (2001) and others. My estimates show that the reported missing direct performance effects of a measure of geography such as malaria prevalence are not robust to alternative specifications and samples. Unbiased estimates of the relative performance effects of institutions and malaria prevalence are difficult to obtain due to a lack of independent instrumental variables. Conditional on a restricted effect of institutions, my estimates suggest that malaria prevalence exhibits a large negative direct impact on economic performance, as postulated by Sachs (2003) and others.
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Bibliographic InfoPaper provided by Kiel Institute for the World Economy in its series Kiel Working Papers with number 1210.
Length: 38 pages
Date of creation: May 2004
Date of revision:
Economic development; institutions; malaria prevalence;
Find related papers by JEL classification:
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-06-02 (All new papers)
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