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...
Published in: | Journal of Policy Modeling |
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Main Author: | |
Format: | Article |
Language: | English |
Published: |
Elsevier B.V.
2017
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Online Access: | https://www.scopus.com/inward/record.uri?eid=2-s2.0-85026645806&doi=10.1016%2fj.jpolmod.2017.07.001&partnerID=40&md5=10bd2ba0d550b8d9624988107db32dea |