DOES THE IMPACT OF INSTITUTIONAL QUALITY ON ECONOMIC GROWTH DEPEND ON INITIAL INCOME LEVEL?

被引:23
作者
Aixala, Jose [1 ]
Fabro, Gema [1 ]
机构
[1] Univ Zaragoza, Appl Econ, Zaragoza, Spain
关键词
D O I
10.1111/j.1468-0270.2008.00844.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
The aim of this paper is to determine the most adequate institutional variables to introduce into a growth model, depending on the income levels of countries. The results show that, for rich countries, the rule of law is fundamental while, for poor countries, it is control of corruption. This has important implications for any agenda of institutional reform in either type of country.
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页码:45 / 49
页数:5
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