Economic growth and convergence: Do institutional proximity and spillovers matter?
This paper extends the existing studies on institutions-growth nexus in two ways: firstly, it estimates a growth model that is spatially augmented to capture the countries’ dependence, and secondly it measures the countries’ dependence using a newly proposed concept called institutional proximity, i...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Elsevier B.V.
2017
|
Subjects: | |
Online Access: | View Fulltext in Publisher View in Scopus |