Kose, M. Ayhan; Prasad, Eswar S.; Taylor, Ashley D. - 2009
data as
a fixed institutional variable.
c. Regulation: We use an index of the rigidity of labor regulations from the … fixed regulation variable.
d. Trade openness: We use the sum of exports and imports of goods and services, expressed
as … the
illustrative threshold indicators for financial depth, trade openness, institutional quality,
regulation and macro …