Institutional Quality, Resource Endowment, and Economic Growth: Evidence from Cross-Country Data

Helian Xu, Moga Tano Jilenga and Yuping Deng

Emerging Markets Finance and Trade, 2020, vol. 55, issue 8, 1754-1775

Abstract: We empirically examine the moderating role of institutional quality on resource curse effects. The estimated results provide significant evidence for the presence of spatial autocorrelation in economic growth. We also find that institutional quality affects both local and neighboring economies, with the relationship following a U-shaped pattern, and these nonlinear influences can be attributed to resource allocation effects for the former and demonstration effects for the latter. Additionally, resource endowment moderates the relationship between institutional quality and economic performance, with the modified relationship following an inverted U-shaped pattern; this influence stems from investment expansion effects and passivation effects.

Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/1540496X.2018.1496418 (text/html)
Access to full text is restricted to subscribers.

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:mes:emfitr:v:55:y:2020:i:8:p:1754-1775

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/MREE20

DOI: 10.1080/1540496X.2018.1496418

Access Statistics for this article

More articles in Emerging Markets Finance and Trade from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().