How does Shleifer use cross-country regressions?
My colleagues and I frequently employ cross-country regressions to identify empirical patterns and test hypotheses about institutions and economic outcomes. We gather data across many countries on variables like legal rules, investor protections, and economic performance, then use statistical methods to see if there are systematic relationships. This allows us to move beyond anecdotal evidence and make more robust claims about the drivers of economic development and market behavior.
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