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Andros Kourtellos, Thanasis Stengos and Chih ming Tan
''Do institutions rule? The role of heterogeneity in the institutions vs. geography debate''
( 2010, Vol. 30 No.3 )
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
Keywords: Threshold Regression, Endogenous Threshold Variables, Growth, Institutions, Geography.
JEL: O4 - Economic Growth and Aggregate Productivity: General
C5 - Econometric Modeling: General
Manuscript Received : Feb 11 2010 Manuscript Accepted : Jul 02 2010

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