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No one true path: uncovering the interplay between geography, institutions, and fractionalization in economic development.
- Source :
- Journal of Applied Econometrics; Nov/Dec2010, Vol. 25 Issue 7, p1100-1127, 28p, 2 Diagrams, 7 Charts, 1 Graph
- Publication Year :
- 2010
-
Abstract
- Do institutions rule when explaining cross-country divergence? By employing regression tree analysis to uncover the existence and nature of multiple development clubs and growth regimes, this paper finds that to a large extent they do. However, the role of ethnic fractionalization cannot be dismissed. The findings suggest that sufficiently high-quality institutions may be necessary for the negative impact on development from high levels of ethnic fractionalization to be mitigated. Interestingly, I find no role for geographic factors-neither those associated with climate nor physical isolation-in explaining divergence. There is also no evidence to suggest a role for religious fractionalization. Copyright © 2009 John Wiley & Sons, Ltd. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 08837252
- Volume :
- 25
- Issue :
- 7
- Database :
- Complementary Index
- Journal :
- Journal of Applied Econometrics
- Publication Type :
- Academic Journal
- Accession number :
- 55255601
- Full Text :
- https://doi.org/10.1002/jae.1102