{"product_id":"a-review-of-institutions-rule-the-primacy-of-institutions-over-geography-and-integration-in-economic-development-von-peter-hartlieb","title":"A Review of \"Institutions Rule: The Primacy of Institutions over Geography and Integration in Economic Development\"","description":"\u003cp\u003eSeminar 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. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eExamining 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.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783668150232\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9783668150232","offer_id":39442132435037,"sku":"9783668150232","price":18.95,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/cffa266a-6968-4bfd-91fe-503ac78dda8b.jpg?v=1778300892","url":"https:\/\/shop.autorenwelt.de\/en\/products\/a-review-of-institutions-rule-the-primacy-of-institutions-over-geography-and-integration-in-economic-development-von-peter-hartlieb","provider":"Autorenwelt Shop","version":"1.0","type":"link"}