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dc.contributor.authorVu, Trung V.
dc.date.available2019-10-10T01:44:24Z
dc.date.copyright2019-10
dc.identifier.citationVu, T. V. (2019). Does institutional quality foster economic complexity? (Economics Discussion Papers Series No. 1909). University of Otago. Retrieved from http://hdl.handle.net/10523/9664en
dc.identifier.issn1178-2293
dc.identifier.urihttp://hdl.handle.net/10523/9664
dc.description.abstractThis paper examines the extent to which the quality of institutions, measured by the Economic Freedom of the World index, helps shape cross-country differences in economic complexity. To this end, I employ the intensity of ultraviolet radiation (UV-R) to isolate an exogenous source of variation in institutions, which helps circumvent endogeneity concerns. Empirical results indicate that the exogenous component of institutional quality exerts a strong and robust positive effect on economic complexity. The findings prevail after performing a battery of robustness tests. Furthermore, I find that institutions affect economic complexity by inducing human capital accumulation and providing incentives for innovative activities.en_NZ
dc.format.mimetypeapplication/pdf
dc.language.isoenen_NZ
dc.publisherUniversity of Otagoen_NZ
dc.relation.ispartofseriesEconomics Discussion Papers Seriesen_NZ
dc.rightsAttribution-NonCommercial-ShareAlike 4.0 International*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/4.0/*
dc.subjectEconomic Complexityen_NZ
dc.subjectEconomic Freedomen_NZ
dc.subjectInstitutionsen_NZ
dc.subjectCapabilitiesen_NZ
dc.subjectProductive Structuresen_NZ
dc.titleDoes institutional quality foster economic complexity?en_NZ
dc.typeDiscussion Paperen_NZ
dc.date.updated2019-10-10T01:30:17Z
otago.schoolOtago Business School / Department of Economicsen_NZ
otago.openaccessOpenen_NZ
otago.relation.number1909en_NZ
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Attribution-NonCommercial-ShareAlike 4.0 International
Except where otherwise noted, this item's licence is described as Attribution-NonCommercial-ShareAlike 4.0 International