| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP11322 |
| DP11322 Institutions vs. ‘First-Nature’ Geography – What Drives Economic Growth in Europe’s Regions? | |
| Andrés Rodríguez-Pose; Tobias Ketterer | |
| 发表日期 | 2016-06-10 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | The debate on whether institutions or geography prevail in driving economic growth has been rife (e.g. Sachs 2003 vs. Rodrik et al. 2004). Most of the empirical analyses delving into this debate have focused on world countries, whose geographical and institutional conditions differ widely. Subnational analyses considering groups of countries with, in principle, more similar institutional and geographical conditions have been limited and tended to highlight that geography is more important than institutions at subnational level. This paper aims to address whether this is the case by investigating how differences in institutional and ‘first-nature’ geographical conditions have affected economic growth in Europe’s regions in the period 1995-2009. In the analysis we use a newly developed dataset including regional quality of government indicators and geographical charactersitics and employ 2-SLS and IV-GMM estimation techniques with a number of regional historical variables as instruments. Our results indicate that at a regional level in Europe institutions rule. Regional institutional conditions – and, particularly, government effectiveness and the fight against corruption – play an important role in shaping regional economic growth prospects. This does not imply, however, that geography is irrelevant. There is evidence of geographical factors affecting regional growth, although their impact is dwarfed by the overriding influence of institutions. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Regional economic growth Institutions Geography Quality of government Nuts-2 regions Europe |
| URL | https://cepr.org/publications/dp11322 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/540138 |
| 推荐引用方式 GB/T 7714 | Andrés Rodríguez-Pose,Tobias Ketterer. DP11322 Institutions vs. ‘First-Nature’ Geography – What Drives Economic Growth in Europe’s Regions?. 2016. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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