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Published in 2020 at "Empirical Economics"
DOI: 10.1007/s00181-020-01934-z
Abstract: We examine the contribution of de jure and de facto institutional instability to long-run growth and development for a large panel of countries in the period 1820–2016. To this end, we extract the latent components…
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Keywords:
instability;
growth;
instability long;
institutional instability ... See more keywords