Evaluating Ingenious Instruments for Fundamental Determinants of Long-Run Economic Growth and Development

Empirical studies of the determinants of cross-country differences in long-run development are characterized by the ingenious nature of the instruments used. However, scepticism remains about their ability to provide a valid basis for causal inference. This paper examines whether explicit considerat...

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Bibliographic Details
Main Author: P. Dorian Owen
Format: Article
Language:English
Published: MDPI AG 2017-09-01
Series:Econometrics
Subjects:
Online Access:https://www.mdpi.com/2225-1146/5/3/38