2005
DOI: 10.1257/0002828053828707
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In Search of the Holy Grail: Policy Convergence, Experimentation, and Economic Performance

Abstract: , and seminar participants at Harvard, the NBER, and the Board of Governors of the Fed for very helpful comments. The Ford and Rockefeller Foundations have provided financial support for this research, which we gratefully acknowledge. The views expressed in this paper are those of the authors and not necessarily those of the National Bureau of Economic Research.

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Cited by 133 publications
(56 citation statements)
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“…Policy-induced constraints on the diffusion of technology are analyzed by Prescott (1994, 2002). Policy experimentation and imitation across neighbors are studied by Mukand and Rodrik (2005). Unlike these contributions, we consider more broadly the barriers to the diffusion of technological and institutional characteristics in the very long run.…”
Section: Introductionmentioning
confidence: 99%
“…Policy-induced constraints on the diffusion of technology are analyzed by Prescott (1994, 2002). Policy experimentation and imitation across neighbors are studied by Mukand and Rodrik (2005). Unlike these contributions, we consider more broadly the barriers to the diffusion of technological and institutional characteristics in the very long run.…”
Section: Introductionmentioning
confidence: 99%
“…More broadly, analysing the diffusion of a new religious denomination, such as Protestantism after its emergence in the sixteenth century, contributes to the varied literature about spatial patterns of adoption of social phenomena. Economists, political scientists and sociologists have explored these topics in the context of technology adoption (Foster and Rosenzweig, 1995; Conley and Udry, 2010) or, closer to the topic of this article, of the spread of certain types of policies (Besley and Case, 1995; Mukand and Rodrik, 2005; Dobbin et al. , 2007) or of democratic institutions (Huntington, 1991; Markoff, 1996).…”
mentioning
confidence: 99%
“…However, many development economists have recently emphasized that it is unlikely that a simple set of policies can trigger development universally, and that appropriate policies differ across countries as they depend on cultural, historical and institutional circumstances (e.g., Lindauer and Pritchett, 2002;Mukand and Rodrik, 2005;Rodrik, 2006Rodrik, , 2007Rodrik, , 2010Rajan 2008). 2 In this paper I take the notion that appropriate policies differ across developing countries as a starting point, and I show that countries that would preform poorly anyway because of their poor economic and institutional pre-conditions tend to follow development paradigms more closely.…”
Section: Introductionmentioning
confidence: 99%
“…I present my argument using a simple two-period political economy model inspired by Mukand and Rodrik (2005), and Bhattacharyya and Hodler (2010). I follow the former in modeling country-specific optimal policies and corruption, and the latter in modeling political competition and institutions.…”
Section: Introductionmentioning
confidence: 99%