Institutions, Human Capital, and Development

In this article, we revisit the relationship among institutions, human capital, and development. We argue that empirical models that treat institutions and human capital as exogenous are misspecified, both because of the usual omitted variable bias problems and because of differential measurement er...

Full description

Bibliographic Details
Main Authors: Acemoglu, Daron (Contributor), Gallego, Francisco A. (Author), Robinson, James A. (Author)
Other Authors: Massachusetts Institute of Technology. Department of Economics (Contributor)
Format: Article
Language:English
Published: Annual Reviews, 2015-03-12T16:59:39Z.
Subjects:
Online Access:Get fulltext