Recent empirical research has focused on the role of institutions in overall economic performance. This paper examines the impact of institutions on the relative performance of the service sector. Through cross-country level and growth regressions it establishes the following stylized fact: countries with better institutions have relatively larger and more dynamic service sectors. It suggests that regulatory and contract enforcing institutions play...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2006/10/01
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Рабочий документ в рамках исследования вопросов политики
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WPS4032
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1
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1
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2010/07/01
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Disclosed
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Do institutions matter more for services ?
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law