01930cas a2200265 a 4500 AALejournalIMF002169 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451859621 1018-5941 BD-DhAAL BD-DhAAL Subramanian, Arvind. Institutions Rule : The Primacy of Institutions over Integration and Geography in Economic Development / Arvind Subramanian, Francesco Trebbi, Dani Rodrik. Washington, D.C. : International Monetary Fund, 2002. 1 online resource (46 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students We estimate the respective contributions of institutions, geography, and trade in determining cross-country income levels using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions "trumps" everything else. Controlling for institutions, geography have at best weak direct effects on incomes, although it has a strong indirect effect through institutions. Similarly, controlling for institutions, trade has a negative, albeit, insignificant direct effect on income, although trade too has a positive effect on institutional quality. We relate our results to recent literature, and where differences exist, trace their origins to choices on samples, specification, and instrumentation. Mode of access: Internet Rodrik, Dani. Trebbi, Francesco. IMF Working Papers; Working Paper ; No. 2002/189 Full text available on IMF http://elibrary.imf.org/view/journals/001/2002/189/001.2002.issue-189-en.xml IMF e-Library