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Cited by 3,926

The DOI matches its Crossref record; 5 of the 5 references it cites were found in a registry or an index.

Do Institutions Cause Growth?

Open access
Glaeser, Edward L., La Porta, Rafael, Lopez-de-Silanes, Florencio, Shleifer, Andrei·2004·Journal of Economic Growth
DOI 10.1023/b:joeg.0000038933.16398.ed
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Abstract

We revisit the debate over whether political institutions cause economic growth, or whether, alternatively, growth and human capital accumulation lead to institutional improvement. We find that most indicators of institutional quality used to establish the proposition that institutions cause growth are constructed to be conceptually unsuitable for that purpose. We also find that some of the instrumental variable techniques used in the literature are flawed. Basic OLS results, as well as a variety of additional evidence, suggest that (a) human capital is a more basic source of growth than are the institutions, (b) poor countries get out of poverty through good policies, often pursued by dictators, and (c) subsequently improve their political institutions.

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Metadata

Authors
Glaeser, E. L., La Porta, R., Lopez-de-Silanes, F., & Shleifer, A.
Venue
Journal of Economic Growth
Publisher
Springer Science and Business Media LLC
Published
2004-09
Volume
9
Issue
3
Pages
271-303
ISSN
  • 1381-4338 (ISSN-L)
  • 1573-7020
DOI
10.1023/b:joeg.0000038933.16398.ed
OpenAlex
W2890314743
Cited by
3,926
References
5
FWCI
315.28
Type
journal article
Language
en
Open access
bronze

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

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