Do the models of institutional quality differ according to the income level of the countries? The case of the low-income countries

• Autores: Gema Fabro Esteban, José Aixalá Pastó
• Localización: Hacienda Pública Española / Review of Public Economics, ISSN 0210-1173, Nº 206, 2013, págs. 11-26
• Idioma: inglés
• DOI: 10.7866/hpe-rpe.13.3.1
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• Resumen

  • 2013SummaryThis paper contributes to the debate about which factors determine the institutional quality of coun-tries. it uses explanatory economic, socio-political and cultural variables for three sub-samples ofcountries with different income level. The results validate the hypothesis that establishes there is notan only valid model of institutional quality for all countries. moreover, the limited explanatory ca-pacity of the model for the low-income level sub-sample of countries has motivated the incorpora-tion of other variables related to colonial origins, geographical location or life expectancy. The re-sults validate the theoretical arguments that propose the use of these variables

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