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Institution, investissements et croissance dans l’UEMOA: une approche panel VAR
[Institution, investments and growth in WAEMU: a panel VAR approach]

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  • RAMDE, Fousseni

Abstract

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.

Suggested Citation

  • RAMDE, Fousseni, 2015. "Institution, investissements et croissance dans l’UEMOA: une approche panel VAR [Institution, investments and growth in WAEMU: a panel VAR approach]," MPRA Paper 82417, University Library of Munich, Germany, revised 01 Jun 2017.
    • Handle: RePEc:pra:mprapa:82417
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    More about this item

    Keywords

    Keywords: Investments; Growth; Institution; WAEMU; PanelVAR;
    All these keywords.

    JEL classification:

    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • K00 - Law and Economics - - General - - - General (including Data Sources and Description)
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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