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Deep determinants of economic growth

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  • Sambit Bhattacharyya

Abstract

A survey of the recent literature on cross country development reveals that there is an agreement on the key role played by institutions in explaining variation in the level of income per capita. Rodrik et al. (NBER Working Paper No. w8119, February, 2002) goes further to argue the primacy of institutions over integration and geography in a level accounting framework. The robustness of this result is checked by changing the dependent variable from level to growth and find that the same holds true.

Suggested Citation

  • Sambit Bhattacharyya, 2004. "Deep determinants of economic growth," Applied Economics Letters, Taylor & Francis Journals, vol. 11(9), pages 587-590.
  • Handle: RePEc:taf:apeclt:v:11:y:2004:i:9:p:587-590
    DOI: 10.1080/1350485042000228826
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    Citations

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    Cited by:

    1. Sambit Bhattacharyya, 2009. "Root Causes of African Underdevelopment," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 18(5), pages 745-780, November.
    2. Johannes Fedderke & John Luiz & Raphael Kadt, 2008. "Using fractionalization indexes: deriving methodological principles for growth studies from time series evidence," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 85(2), pages 257-278, January.
    3. Dodd, Mark C., 2014. "Intertemporal discounting as a risk factor for high BMI: Evidence from Australia, 2008," Economics & Human Biology, Elsevier, vol. 12(C), pages 83-97.
    4. LICERIO, Enedina & FULLERTON, Thomas M. Jr. & CLARK, Don P., 2010. "Empirical Evidence Regarding Regulatory Burdens And Global Income Performance," Estudios Economicos de Desarrollo Internacional, Euro-American Association of Economic Development, vol. 10(2), pages 5-32.
    5. Cavusoglu, Nevin, 2012. "LISREL growth model on direct and indirect effects using cross-country data," Economic Modelling, Elsevier, vol. 29(6), pages 2362-2370.

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