 Regional and institutional influences on the determinants of long-term economic growth in the OECDChristian Hiddink No 127, Discussion Papers from VATT Institute for Economic Research Abstract: This paper examines regional and institutional influences on the determinants of long-term economic growth in the OECD. We construct a growth equation based on the new growth model of Barro with a catch-up variable, total investments, total tax revenues exclusive social security benefits, primary and secondary school enrolment ratio's and population growth. We find that regional and institutional aspects have some substantial influences on determinants such as catch up, population growth, the level of subsidies and tax revenues exclusive social security benefits. So, next to direct effects of institutions on economic growth, there are also some indirect influences through economic determinants of growth. Keywords: Economic growth, OECD, Barro, Olson, Corporatism, Economic growth, Taloudellinen kasvu, Regional development, Aluekehitys, Taxation and Social Transfers, Julkisen talouden rahoitus ja tulonsiirrot, E200 - Macroeconomics: Consumption, Saving, Production, Employment, and Investment: General (includes measurement and data), F020 - International Economic Order; Noneconomic International Organizations; Economic Integration and Globalization: General, O100 - Economic Development: General, (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:fer:dpaper:127 Ordering information: This working paper can be ordered from Access Statistics for this paper More papers in Discussion Papers from VATT Institute for Economic Research Contact information at EDIRC. |
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