Corporate governance and economic growth

Aviral Tiwari

Economics Bulletin, 2010, vol. 30, issue 4, 2825-2841

Abstract: We estimated the impact of the performance of corporate governance on economic growth in a cross-country framework in two specifications. For analysis we have employed log liner model. We found that performance of corporate governance is significantly negatively related to the economic growth in both specification and in all models and hence it matters not only for the current year but it continues to persistent in future also. Addition to it, we found that role played by human capital is insignificant but physical capital and government final consumption expenditure plays significantly positive role in the economic growth of cross-section of countries. We also find that impact of life expectancy and fertility rate is negative and positive on economic growth respectively. We found that trade does not has significant impact on the economic growth in cross-section of countries.

Keywords: Corporate governance; Economic growth; Cross-country (search for similar items in EconPapers)
JEL-codes: C3 G3 (search for similar items in EconPapers)
Date: 2010-10-29
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.accessecon.com/Pubs/EB/2010/Volume30/EB-10-V30-I4-P260.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-10-00462

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().