Institutions and Market Economies 2007
DOI: 10.1057/9780230389946_9
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Cited by 5 publications
(4 citation statements)
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“…2 Although most deep-determinants studies use income per capita to proxy economic development, a few studies examine the determinants of alternative measures. Batten and Martina (2007) analyse the effect of formal institutions and geography, as well as the degree of trade openness, on the Human Development Index and find the proportion of the population at risk of contracting malaria to be the most dominant deep determinant, in terms of both statistical significance and quantitative importance. Jones et al (2007) analyse the effect of formal institutions and some aspects of geography on life expectancy and school enrolment rates.…”
Section: Deep Determinants Of Economic Developmentmentioning
confidence: 99%
“…2 Although most deep-determinants studies use income per capita to proxy economic development, a few studies examine the determinants of alternative measures. Batten and Martina (2007) analyse the effect of formal institutions and geography, as well as the degree of trade openness, on the Human Development Index and find the proportion of the population at risk of contracting malaria to be the most dominant deep determinant, in terms of both statistical significance and quantitative importance. Jones et al (2007) analyse the effect of formal institutions and some aspects of geography on life expectancy and school enrolment rates.…”
Section: Deep Determinants Of Economic Developmentmentioning
confidence: 99%
“…7 Stock and Yogo (2005) derive critical values for different values of the number of included endogenous regressors (n), the number of (excluded) instrumental variables (K 2 ) and the desired maximal size of a 5 percent Wald test if using 2SLS. Stock and Yogo's tabulated critical values are for n up to 2, but, using the extended set of critical values for 2SLS in Batten and Martina (2007) with n = 3 and K 2 = 6, a value of the Cragg-Donald F-statistic, CD-F = 1.97 implies that the null hypothesis of weak instruments is not rejected in the case in which the maximum 2SLS size is no more than 15 percent, corresponding to a maximum size distortion of 10 percent.…”
Section: Discussionmentioning
confidence: 99%
“…However, a small number of studies, acknowledging that income per capita may be an imperfect proxy, examine the determinants of alternative measures of economic development. Batten and Martina (2007) analyse the effect of formal institutions and geography, as well as the degree of trade openness, on the Human Development Index and find the proportion of the population at risk of contracting malaria to be the most important deep determinant. Jones et al (2007) analyse the effect of formal institutions and some aspects of geography on life expectancy and school enrolment rates.…”
Section: Deep Determinants Of Economic Developmentmentioning
confidence: 99%
“…Within this strand of the literature, the work most closely related to ours is that of Batten and Martina (2006). These authors find that institutions generally lose their significance in explaining the Human Development Index (HDI), while geography and diseases (such as malaria) remain significant.…”
mentioning
confidence: 95%