State capture, income and institutional quality
Macha Kemperman and
Robert Lensink
Applied Economics Letters, 2008, vol. 15, issue 6, 423-426
Abstract:
This article argues that the impact of income on institutional quality depends on state capture, and that a rise in income contributes to institutional development only if the degree of state capture is low.
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:15:y:2008:i:6:p:423-426
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DOI: 10.1080/13504850600706172
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