THE EFFECTS OF RENT SEEKING ACTIVITIES ON ECONOMIC GROWTH IN MIDDLE-INCOME COUNTRIES

Zi Wen Vivien Wong (), Fanyu Chen (), Siong Hook Law and Normaz Wana Ismail ()
Additional contact information
Zi Wen Vivien Wong: Universiti Tunku Abdul Rahman, Malaysia
Fanyu Chen: Universiti Tunku Abdul Rahman, Malaysia
Normaz Wana Ismail: Universiti Putra Malaysia, Malaysia.

Bulletin of Monetary Economics and Banking, 2022, vol. 25, issue 2, 215-234

Abstract: This study investigates the effects of rent seeking activities on economic growth in 53 middle-income countries. Our data span the period 2011 to 2020. We use the generalized method of moments estimator to examine the effects of rent-seeking activities on economic growth. Our study also includes several control variables, namely democratic accountability, public debt, human capital, foreign direct investment, capital stock, population, research and development expenditure and trade openness. The empirical results suggest that rent-seeking activities impede economic growth in middle-income ountries

Keywords: Rent-seeking; Economic growth; System generalized method of moment estimator; Middle-income trap; Middle-income countries (search for similar items in EconPapers)
JEL-codes: E02 H63 O43 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://bulletin.bmeb-bi.org/cgi/viewcontent.cgi?article=1892&context=bmeb (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:idn:journl:v:25:y:2022:i:2e:p:215-234

DOI: 10.21098/bemp.v25i2.1863

Access Statistics for this article

Bulletin of Monetary Economics and Banking is currently edited by Paresh Narayan

More articles in Bulletin of Monetary Economics and Banking from Bank Indonesia Contact information at EDIRC.
Bibliographic data for series maintained by Lutzardo Tobing ( this e-mail address is bad, please contact ) and Jimmy Kathon ().