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Institutions and Economic Growth

Zouhaier Hadhek () and Mohamed Karim Kefi
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Mohamed Karim Kefi: ISTEC Business School, Paris, France.

Asian Economic and Financial Review, 2012, vol. 2, issue 7, 795-812

Abstract: The objective of this paper is to study the effect of institutional factors on economic growth of a set of 37 developed and developing countries for six successive periods of five years, from 1975 until 2000, using a static panel data model. The key findings generated by this empirical test stipulate a dominant effect exerted by economic institutions on economic growth of the total sample of countries and developed countries.

Keywords: political institutions; economic institutions; static panel data; economic growth. (search for similar items in EconPapers)
Date: 2012
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Handle: RePEc:asi:aeafrj:2012:p:795-812