作者: Erich Gundlach
DOI: 10.2139/SSRN.549164
关键词:
摘要: I reconsider the primacy of institutions over geography as an explanatory factor cross-country differences in economic performance, which has recently been postulated by Acemoglu et al. (2001) and others. My estimates show that reported missing direct performance effects a measure such malaria prevalence are not robust to alternative specifications samples. Unbiased relative difficult obtain due lack independent instrumental variables. Conditional on restricted effect institutions, my suggest exhibits large negative impact Sachs (2003)