Les canaux clés de transmission de l’effet de la gouvernance à la croissance économique: cas pratique de la Tunisie
The main transmission channels of governance effect on economic growth: practical case of Tunisia
Adnene Ben Rejeb
MPRA Paper from University Library of Munich, Germany
Abstract:
This article highlights the main components of governance responsible for economic prosperity in developed countries, in order to examine their effects for the particular case of Tunisia. Within this framework, we have succeeded, thanks to a vector model with error correction, to show the positive effect of the components of the governance on the economic growth, in the case of Tunisia, like has been proven for most developed countries. In particular, from a perspective of reconciling the macroeconomic and institutional spheres, we have succeeded in showing that this effect can be fostered and amplified by taking account of certain key channels, which make it possible to establish the link between governance and economic growth. GDP. In this regard, we found four, of which two were tested on Tunisia, which led us to the assertion of a channels of transmission of the impact of governance on economic growth, that is investment, through wchich circulate the effect of « government stability » and « corruption ».
Keywords: Governance; economic growth; transmission channel; cointegration; vector error correction model. (search for similar items in EconPapers)
JEL-codes: O10 (search for similar items in EconPapers)
Date: 2022, Revised 2021
New Economics Papers: this item is included in nep-ara
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:114780
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