Why Does Per Capita Income Differ So Greatly across the World?

Christopher Neely

On the Economy from Federal Reserve Bank of St. Louis

Abstract: Economic research shows differences in capital, skills, productivity, and economic and political institutions play important roles in shaping the variation of output and income across countries.

Keywords: per capita income; capital; skills; productivity; economic institutions; political institutions; output; income (search for similar items in EconPapers)
Date: 2026-10-01
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:103883

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