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

Andros Kourtellos (andros@ucy.ac.cy), Thanasis Stengos and Chih Ming Tan

No 910, Working Papers from University of Guelph, Department of Economics and Finance

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 O43 O47 (search for similar items in EconPapers)
Pages: 10 pages
Date: 2009
New Economics Papers: this item is included in nep-fdg
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Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Do institutions rule? The role of heterogeneity in the institutions vs. geography debate (2010)
Working Paper: Do Institutions Rule? The Role of Heterogeneity in the Institutions vs. Geography Debate (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:gue:guelph:2009-10

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