摘要：AbstractDo institutions spatially affect growth? By employing a neoclassical growth model with institutional controls and augmenting the model with a formal spatial framework, this study finds evidence that institutions has spatial spillover effect on economic growth based on a panel observation from 58 developing countries for the period between1985-2008. This study also shows that the spatial lag model is the most appropriate to model the spillover effect.
关键词：Institutions;Economic growth;Spatial dependence;Spillover effect;Spatial lag model
