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

Andros Kourtellos, Thanasis Strengos and Chih Ming Tan ()

No 735, Discussion Papers Series, Department of Economics, Tufts University from Department of Economics, Tufts University

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.

Keywords: Threshold Regression; Endogenous Threshold Variables; Growth; Institutions; Geography (search for similar items in EconPapers)
JEL-codes: C21 C51 O47 O43 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-fdg and nep-pke
Date: 2009
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Persistent link: http://EconPapers.repec.org/RePEc:tuf:tuftec:0735

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