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Institutional Quality and Economic Growth: Application on Dynamic Panel Data (GMM)
[Qualité institutionnelle et Croissance économique : Application sur données de Panel dynamique (GMM)]

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  • Abderraouf Ben Ahmed Mtiraoui

    (Université de Sousse)

Abstract

The objective of this paper is to study the impact of institutional quality on economic growth in the MENA region specifically and in other regions in general while showing some institutional shortcomings for our study region. Theoretically, we treat a review of the literature which takes into consideration the classic institutional approach of North (1990) and also the approach of Kaufmann, Kraay and Mastruzzi (2003). Empirically, we study the impact of institutional quality on growth. On the basis of a sample made up of 99 countries, observed over a well-defined period, we estimate a dynamic panel model according to the Arellano and Bond (1998) approach. The results do not support the hypothesis that institutional quality is the engine of economic growth.

Suggested Citation

  • Abderraouf Ben Ahmed Mtiraoui, 2020. "Institutional Quality and Economic Growth: Application on Dynamic Panel Data (GMM) [Qualité institutionnelle et Croissance économique : Application sur données de Panel dynamique (GMM)]," Post-Print hal-02740504, HAL.
    • Handle: RePEc:hal:journl:hal-02740504
    Note: View the original document on HAL open archive server: https://hal.science/hal-02740504
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    Keywords

    .Institution; Economic Growth; The Dynamic Panel Data (GMM); Institution; Croissance Economique; Données du Panel Dynamique (GMM);
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