It is well known that there is a strong positive correlation between per capita incomes and the quality of governance across countries. the authors propose an empirical strategy that allows separation of this correlation into (1) a strong positive causal effect running from better governance to higher per capita incomes, and, perhaps surprisingly at first, (2) a weak and even negative causal effect running in the opposite direction from per capita...
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INFORMATION
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2002/11/30
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Document de travail de recherche sur les politiques
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WPS2928
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1
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1
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2010/07/01
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Growth without governance
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per capita income
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