Do Institutions Rule? The Role of Heterogeneity in the Institutions vs. Geography Debate

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Do Institutions Rule? The Role of Heterogeneity in the Institutions vs. Geography Debate

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Andros Kourtellos
Thanasis Strengos
Chih Ming Tan

Additional information is available for the following registered author(s):

Chih Ming Tan

Abstract

We uncover evidence of substantial heterogeneity in the growth experience of countries using a structural threshold regression methodology. Our findings suggest that studies that seek to promote mono-causal explanations in the institutions versus geography debate in growth are potentially misleading.

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Paper provided by Department of Economics, Tufts University in its series Discussion Papers Series, Department of Economics, Tufts University with number 0735.

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Date of creation: 2009
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Handle: RePEc:tuf:tuftec:0735

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Find related papers by JEL classification:
C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
O43 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth

This paper has been announced in the following NEP Reports:

NEP-ALL-2009-09-26 (All new papers)
NEP-FDG-2009-09-26 (Financial Development & Growth)
NEP-PKE-2009-09-26 (Post Keynesian Economics)

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Other versions:
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