مساهمة المؤسسات و الحوكمة في تعزيز النمو الاقتصادي : دلائل من عينة من الدول المتقدمة

Abstract EN

The objective of this work is to investigate the effects of institutional quality on the per capita GDP growth, in order to explain the cross-country income differences and to determine the challenges facing investment and economic growth process.

Within the framework of the neoclassical growth model, this study integrates a broad set of institutional measures, to evaluate the performance of a sample of high-income countries during the period 1996-2015.

Initial income, initial human capital, population growth rate are the state variables used in the study.

Investment ratio and Institutions are the control and environmental variables.

Results indicate that institutions have a positive and significant effect on economic growth.

Government effectiveness, control of corruption, and voice and accountability are the most significant institutions that explain the important variations in economic growth rates in the developed countries.