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Governance and Growth: A Simple Hypothesis Explaining Cross-Country Differences in Productivity Growth

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Abstract

Cross-country evidence shows that a subset of developing countries isgrowing very rapidly, taking advantage of opportunities to ``catch-up'' atthe same time that other developing countries are growing slowly. We arguethat this is due to differences in the quality of governance. Inparticular we show that productivity growth is higher in better-governedcountries.

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Authors and Affiliations

  1. Department of Economics, University of Maryland, College Park, MD, 20742, U.S.A.

    Mancur Olson Jr., Naveen Sarna & Anand V. Swamy

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  1. Mancur Olson Jr.
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  2. Naveen Sarna
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  3. Anand V. Swamy
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Olson, M., Sarna, N. & Swamy, A.V. Governance and Growth: A Simple Hypothesis Explaining Cross-Country Differences in Productivity Growth. Public Choice 102, 341–364 (2000). https://doi.org/10.1023/A:1005067115159

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