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From:Journal of Economic Issues (Vol. 43, Issue 4) Peer-ReviewedThe aim of this paper is to quantify the importance of institutions in economic growth and to identify the factors that determine institutional quality. For this purpose, we estimate a system of simultaneous equations...
From:Journal of Economic Issues (Vol. 46, Issue 4) Peer-ReviewedThis paper examines the relative impact of economic freedom, civil liberties, and political rights on growth. A system of three simultaneous equations is used to unearth the channels through which these institutional...
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