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Inclusive Institutions, Innovation and Economic Growth: Estimates for European Countries

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Figure

Figure 1: Basic model simulation results
Figure 2 reports the outcomes of a shock to technology (Panels a and b) and a shock to private capital
Table 1: Levin-Lin-Chu and Im-Pesaran-Shin tests for unit-root in heterogeneous panels
Table 2: Baseline specifications: pooled results in first differences
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