The Institutional Profiles Database (IPD) produced by the Agence
Francaise de Developpement (AFD) has been carried out in 2001, 2006 and
2009, and a new wave is planned for 2012. Although the structure of the
surveys varies greatly between 2006 and 2009, the similarity of a
substantial proportion of the questions allows for exploring and
exploiting the panel components of the database. This paper presents
some general patterns of short-term institutional change, aided by a
conceptual classification of the institutional variables. It tests two
hypotheses in a preliminary way: a) that institutions tend to score
higher over time, and b) that institutions tend to converge across
countries. Additionally, it explores associations between institutions
and growth for the period 2001-2009.
Keywords: Institutional Profiles Database, Institutional change, Growth, Panel data.
JEL codes: O42, O50, C23