• Growth, Institutions and Productivity: An empirical analysis using the Bayesian approach 

      Luoma, Arto; Luoto, Jani; Siivonen, Erkki
      VATT-tutkimuksia : 104 (Valtion taloudellinen tutkimuskeskus VATT, 07.11.2003)
      In this paper we explore how the environment offered by institutions influences long-run growth. In order for the estimation results to be trustworthy we control the reliability of the estimates in several ways. Firstly, ...