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| Andros Kourtellos, Thanasis Stengos and Chih ming Tan |
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| ''Do institutions rule? The role of heterogeneity in
the institutions vs. geography debate'' |
| ( 2010, Vol. 30 No.3 ) |
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| We uncover evidence of substantial heterogeneity in the growth experience of countries using a structural threshold regression methodology. Our findings suggest that studies that seek to
promote mono-causal explanations in the institutions versus geography debate in growth are potentially misleading |
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| Keywords: Threshold Regression, Endogenous Threshold Variables, Growth, Institutions, Geography. |
JEL: O4 - Economic Growth and Aggregate Productivity: General
C5 - Econometric Modeling: General |
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| Manuscript Received : Feb 11 2010 | | Manuscript Accepted : Jul 02 2010 |
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