political institutions are the key determinant of economic development. The main finding of this paper is that the focus on the … primacy of legal and political institutions may be misplaced and that business-friendly economic policies (proxied for here by …

Institutions are a major field of interest in the study of development processes. The authors contribute to this … discussion concentrating our research on political institutions and their effect on the non-income dimensions of human …

, and crops affect economic development only through institutions or policies? We test the endowment, institution, and … development through institutions. We find no evidence that tropics, germs, and crops affect country incomes directly other than … through institutions, nor do we find any effect of policies on development once we control for institutions …