Economic Growth

This paper proposes a new instrument for institutional quality—the salary of colonial governors—to investigate whether variations in the quality of British colonial rule continue to have an impact on the economic performance of former colonies. Governors' salaries provide a good...

In this paper we argue that modeling the cross-country distribution of per capita income as a mixture distribution provides a natural framework for the detection of convergence clubs. The framework yields tests for the number of component distributions that are...