Verfügbarkeit: Institutions Rule

Institutions Rule: The Primacy of Institutions Over Integration and Geography in Economic Development

We estimate the respective contributions of institutions, geography, and trade in determining cross-country income levels using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions ""trumps"" everything else. Controlling...

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1. Verfasser:	Subramanian, Arvind (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 2002
Schriftenreihe:	IMF Working Papers Working Paper No. 02/189
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Zusammenfassung:	We estimate the respective contributions of institutions, geography, and trade in determining cross-country income levels using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions ""trumps"" everything else. Controlling for institutions, geography have at best weak direct effects on incomes, although it has a strong indirect effect through institutions. Similarly, controlling for institutions, trade has a negative, albeit, insignificant direct effect on income, although trade too has a positive effect on institutional quality. We relate our results to recent literature, and where differences exist, trace their origins to choices on samples, specification, and instrumentation
Beschreibung:	1 Online-Ressource (46 p)
ISBN:	1451859627 9781451859621

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spelling	Subramanian, Arvind Verfasser aut Institutions Rule The Primacy of Institutions Over Integration and Geography in Economic Development Subramanian, Arvind Washington, D.C International Monetary Fund 2002 1 Online-Ressource (46 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 02/189 We estimate the respective contributions of institutions, geography, and trade in determining cross-country income levels using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions ""trumps"" everything else. Controlling for institutions, geography have at best weak direct effects on incomes, although it has a strong indirect effect through institutions. Similarly, controlling for institutions, trade has a negative, albeit, insignificant direct effect on income, although trade too has a positive effect on institutional quality. We relate our results to recent literature, and where differences exist, trace their origins to choices on samples, specification, and instrumentation Online-Ausg Rodrik, Dani Sonstige oth Trebbi, Francesco Sonstige oth http://elibrary.imf.org/view/IMF001/03614-9781451859621/03614-9781451859621/03614-9781451859621.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Subramanian, Arvind Institutions Rule The Primacy of Institutions Over Integration and Geography in Economic Development
title	Institutions Rule The Primacy of Institutions Over Integration and Geography in Economic Development
title_auth	Institutions Rule The Primacy of Institutions Over Integration and Geography in Economic Development
title_exact_search	Institutions Rule The Primacy of Institutions Over Integration and Geography in Economic Development
title_exact_search_txtP	Institutions Rule The Primacy of Institutions Over Integration and Geography in Economic Development
title_full	Institutions Rule The Primacy of Institutions Over Integration and Geography in Economic Development Subramanian, Arvind
title_fullStr	Institutions Rule The Primacy of Institutions Over Integration and Geography in Economic Development Subramanian, Arvind
title_full_unstemmed	Institutions Rule The Primacy of Institutions Over Integration and Geography in Economic Development Subramanian, Arvind
title_short	Institutions Rule
title_sort	institutions rule the primacy of institutions over integration and geography in economic development
title_sub	The Primacy of Institutions Over Integration and Geography in Economic Development
url	http://elibrary.imf.org/view/IMF001/03614-9781451859621/03614-9781451859621/03614-9781451859621.xml
work_keys_str_mv	AT subramanianarvind institutionsruletheprimacyofinstitutionsoverintegrationandgeographyineconomicdevelopment AT rodrikdani institutionsruletheprimacyofinstitutionsoverintegrationandgeographyineconomicdevelopment AT trebbifrancesco institutionsruletheprimacyofinstitutionsoverintegrationandgeographyineconomicdevelopment

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