Intrinsic Openness and Endogenous Institutional Quality
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Quality of public institutions has been recognized as a crucial determinant of macroeconomic outcomes. We propose that a country's intrinsic level of openness (due to population size, geography, or exogenous trade opportunities) affects its incentives in investing in better institutions. We present
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美国国家经济研究局创建时间：
2017-11-01
