Atıf Sayısı
11
Görüntüleme
57
İndirme
27
The aim of this study is to analyze the relation between the institutional quality and economic growth via panel data analysis. The data from 83 countries was analyzed for four income groups by covering the years as 2000-2010. Apart from the previous studies, this application takes into consideration income groups of countries. According to the results, a causality relation for the low income group doesn't exist. On the other hand, one way causality relation exists from institutional quality towards economic growth in middle income groups, and bidirectional causality exists for high income group. In this respect, these results show that institutional quality policies which sustain economic growth could be effective apart from low level income groups
The aim of this study is to analyze the relationship between the institutional quality and economic growth via panel data analysis. The data from 83 countries was analyzed for four income groups by covering the years as 2000-2010. Apart from the previous studies, this application takes into consideration income groups of countries. According to the results, a causality relationship for the low income group does not exist. On the other hand, one way causality relationship exists from institutional quality towards economic growth in middle-income groups, and bidirectional causality exists for high-income group. In this respect, these results show that institutional quality policies that sustain economic growth could be effective apart from low-level income groups
Alan : Sosyal, Beşeri ve İdari Bilimler
Dergi Türü : Ulusal
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