Estimating an Institutional Structure in Economic Growth Using GMM Dynamic Panel Data Method
Subject Areas : Labor and Demographic Economicsmohammad nadiri 1 , teymoor mohammadi 2
1 - دانشجوی دکتری دانشگاه علامه طباطبایی
2 - استادیار دانشگاه علامه طباطبایی
Keywords: growth, institutions, ICRG indicator, Good governance dynamic panel data,
Abstract :
One of the most important questions in economics is the huge differences between various societies in welfare and development level. According to the new institutional economics, institutions have a fundamental role in development and economic performance. In this paper, we, empirically, are going to investigate the link between institutions and development worldwide during 1980-2009 using dynamic panel data method. Seven ICRG and good governance indexes are used as institutions indicators. Estimation results represent that institutions have a great influence on economic growth.
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پیوست
کشورهای مورد آزمون در مدل:
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