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There is a significant body of literature arguing that institutional quality is the key for long run economic growth and development. While the majority of these studies are based on cross-country growth regression, in our paper, we focus on the institution-economic growth nexus within a...
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efficiency of institutions in the sophistication of production in Latin America compared to economies with greater complexity … the continental part of Latin America and 10 countries with the greatest economic complexity according to the Atlas of … Economic Complexity Index. These countries are classified by their income level, data compiled by the United Nations …
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