Institutions and Economic Growth in the Resources Intensive Use Economies

Taisya Pogodaeva () and Nadezhda Senchenko ()
Additional contact information
Taisya Pogodaeva: Tyumen State University
Nadezhda Senchenko: Tyumen State University

A chapter in Country Experiences in Economic Development, Management and Entrepreneurship, 2017, pp 105-123 from Springer

Abstract: Abstract Nowadays the opinion that there are other essential factors except capital, labor and access to technology as in Solow model is quite widespread. In this way many economists and scientists consider institutional environment as one of the key elements that form countries’ socio-economic development. This work is aimed to develop the empirical case that economic development in the resources intensive use economies depends on institutions. The role of institutions is not the same in every group of resources intensive use economies that we divided them according their level of income. In the paper, we investigate the institutions influence on economic development of resources intensive use economies according different level of income. Our analysis reveals the increasing influence of institutional variables on the economic growth in accordance with the rise of income.

Keywords: Institutions; Economic growth; The resources intensive use countries (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:eurchp:978-3-319-46319-3_6

Ordering information: This item can be ordered from
http://www.springer.com/9783319463193

DOI: 10.1007/978-3-319-46319-3_6

Access Statistics for this chapter

More chapters in Eurasian Studies in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().