Institution, investissements et croissance dans l’UEMOA: une approche panel VAR
Institution, investments and growth in WAEMU: a panel VAR approach
MPRA Paper from University Library of Munich, Germany
The objective of this work was to assess the effects of governance on the dynamics of private investment, public and economic growth in WAEMU between 2002-2012. From a PanelVAR, the econometric results of the different models show that socio-political instability, corruption and regulation of economic activity have been constraints for investment and economic growth. On the other hand, they show that political instability reduces the externalities of public investment on private investment in the Union.
Keywords: Keywords: Investments; Growth; Institution; WAEMU; PanelVAR (search for similar items in EconPapers)
JEL-codes: H50 K00 O40 (search for similar items in EconPapers)
Date: 2015-02-01, Revised 2017-06-01
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:82417
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