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Institutions-growth spatial dependence: An empirical test

Mahyudin Ahmad and Stephen Hall

MPRA Paper from University Library of Munich, Germany

Abstract: Do institutions spatially affect growth? By employing a neoclassical growth model with institutional controls and augmenting the model with a formal spatial framework, this study finds evidence that institutions has spatial spillover effect on economic growth based on a panel observation from 58 developing countries for the period between 1985-2008. This study also shows that the spatial lag model is the most appropriate to model the spillover effect.

Keywords: Institutions; economic growth; spatial dependence; spillover effect; spatial lag model (search for similar items in EconPapers)
JEL-codes: C31 O43 R10 (search for similar items in EconPapers)
Date: 2012-10-25
New Economics Papers: this item is included in nep-fdg, nep-geo and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:42360

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