A MODEL OF GROWTH AUGMENTED WITH INSTITUTIONS

被引:7
作者
Aixala, Jose [1 ]
Fabro, Gema [1 ]
机构
[1] Univ Zaragoza, Appl Econ, Zaragoza, Spain
关键词
D O I
10.1111/j.1468-0270.2007.00758.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper shows that the inclusion of institutional indicators in a traditional model of growth substantially improves its explanatory capacity. The results have implications for economic policy, because not all the dimensions of institutional quality influence growth to the same extent. A large sample of 165 countries and estimation methods with instrumental variables are used to solve endogeneity problems.
引用
收藏
页码:71 / 74
页数:4
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