How institutional quality and economic f
β
George R. G. Clarke
π
Article
π
2001
π
John Wiley and Sons
π
English
β 141 KB
## Abstract This paper assesses the effect of institutional and economic factors on research and development (R&D) expenditures in developing countries. The paper finds that several measures of institutional quality are correlated with R&D expenditures. Since the institutional variables increase as