mechanisms, the existing evidence suggests that cultural traits and formal institutions are both key in understanding historical …

several country-specific characteristics, including the quality of institutions. …

economic development. To answer this question, a new concept of the institutions-augmented Solow model is constructed. The … institutions-augmented Solow model fits the empirical data very well. It turns out that differences in physical capital, human … differences in economic development among the countries of the world. According to the institutions-augmented Solow model, the …

constraints on productive entrepreneurship would require that the decline in level-two institutions, such as democracy and science …

We study the implications of two historical institutions, direct British rule, and the heterogeneous land tenure … institutions implemented by the British, on disparity in present day development using district level data from India. Using …

new de facto indicator for the rule of law. It is the first such indicator to take the quality of legal norms explicitly … all. Our empirical evidence does, however, support not only the "primacy of institutions" view, but also the important …

new de facto indicator for the rule of law. It is the first such indicator to take the quality of legal norms explicitly …