Article,

Why don't poor countries catch up? A cross-national... (Cover story)

, and .
Economic Inquiry, 35 (3): 590 (1997)

Abstract

Focuses on the study which shows that the ability of poor countries in economic development is determined in large part by the institutional environment in which economic activities takes place. Measurement of institutional quality; Specification of institutions in a growth framework; Interaction of institutions and income on growth; Robustness issues that were considered in examining the results of the study; Conclusions drawn from the study.

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