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Does Institutions effect growth in Pakistan? An Empirical investigation

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  • Siddiqui, Danish Ahmed
  • Ahmed, Qazi Masood

Abstract

This paper presents an index of institutionalized social technologies for Pakistan, covering its two main dimensions namely Risk reducing technologies and Anti Rent seeking technologies and in turn covers several social, institutional, political and economic aspects. It is also analyzed empirically whether the overall index as well as sub-indexes constructed to measure the single dimensions affects economic growth. The results show that over all, institutions promote growth in long run for Pakistan. . Therefore for a policy implication, success of any policy could be influenced by the soundness of institutions.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 19744.

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Date of creation: 28 Dec 2009
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Handle: RePEc:pra:mprapa:19744

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Keywords: institutions; social technologies; pakistan; index; GMM; social capital; growth; narmalization; weighting; aggregation; rent seeking; risk;

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Cited by:
  1. Adnan Haider & Musleh ud Din & Ejaz Ghani, 2011. "Consequences of Political Instability, Governance and Bureaucratic Corruption on Inflation and Growth: The Case of Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 50(4), pages 773-807.

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