Quality of governance has been found to be significant in economic growth. We investigate whether the quality of governance matters equally across all levels of economic development using a threshold technique. We find that the quality of governance i...
Quality of governance has been found to be significant in economic growth. We investigate whether the quality of governance matters equally across all levels of economic development using a threshold technique. We find that the quality of governance is most significant for only a subset of relatively poor countries, while education is most significant for the poorest countries and region is most significant for the wealthiest.