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...

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Bibliographic Details
Main Authors: Ahmad, M. (Author), Hall, S.G (Author)
Format: Article
Language:English
Published: Elsevier B.V. 2017
Subjects:
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