| A Review of Institutions Rule: The Primacy of Institutions over Geography and Integration in Economic Development Contributor(s): Hartlieb, Peter (Author) |
|
 |
ISBN: 3668150230 ISBN-13: 9783668150232 Publisher: Grin Verlag OUR PRICE: $36.01 Product Type: Paperback Published: March 2016 |
| Additional Information |
| BISAC Categories: - Business & Economics | Economics - General |
| Physical Information: 0.07" H x 5.83" W x 8.27" (0.11 lbs) 28 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: Seminar paper from the year 2015 in the subject Business economics - Economic Policy, grade: 1,7, Technical University of Darmstadt (Fachgebiet Internationale Wirtschaft), language: English, abstract: Rodrik, Subramanian, and Trebbi (2002) contribute to the discussion on the impact of geography, institutions and international trade on cross-national differences in income levels. They find that only institutions exert a significant direct impact on incomes. Meanwhile, international trade has no direct effect and geography has at best weak direct effects on incomes. Examining its empirical framework, I find that the way the study measures geography is inadequate and that the framework therefore does not treat the three "deeper determinants" equally in the sense of giving the geography-hypothesis a smaller chance to prevail. Based on this finding, the underlying structure is adjusted and developed further to provide an improved basis for future analyses. |
