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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
A Review of "Institutions Rule: The Primacy of Institutions over Geography and Integration in Economic Development"

A Review of "Institutions Rule: The Primacy of Institutions over Geography and Integration in Economic Development"

Hartlieb, Peter

Paperback

Economics

ISBN10: 3668150230
ISBN13: 9783668150232
Publisher: Grin Verlag
Published: Mar 3 2016
Pages: 28
Weight: 0.11
Height: 0.07 Width: 5.83 Depth: 8.27
Language: English
Seminar paper from the year 2015 in the subject Business economics - Economic Policy, grade: 1,7, Technical University of Darmstadt (Fachgebiet Internationale Wirtschaft), language: English, abstract: Rodrik, Subramanian, and Trebbi (2002) contribute to the discussion on the impact of geography, institutions and international trade on cross-national differences in income levels. They find that only institutions exert a significant direct impact on incomes. Meanwhile, international trade has no direct effect and geography has at best weak direct effects on incomes. Examining its empirical framework, I find that the way the study measures geography is inadequate and that the framework therefore does not treat the three deeper determinants equally in the sense of giving the geography-hypothesis a smaller chance to prevail. Based on this finding, the underlying structure is adjusted and developed further to provide an improved basis for future analyses.

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