Impact of Institutional Quality on Economic Growth

Many researchers believe that a country will undergo economic development when there is progress observed in the Worldwide Governance Indicators (WGI) e.g. there exists mechanisms for the voice and accountability, political stability is high, rule of law prevails and the nation is able to control co...

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Main Author: Khokhar, Sara Hussain
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2016
Online Access:https://eprints.nottingham.ac.uk/37525/
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author Khokhar, Sara Hussain
author_facet Khokhar, Sara Hussain
author_sort Khokhar, Sara Hussain
building Nottingham Research Data Repository
collection Online Access
description Many researchers believe that a country will undergo economic development when there is progress observed in the Worldwide Governance Indicators (WGI) e.g. there exists mechanisms for the voice and accountability, political stability is high, rule of law prevails and the nation is able to control corruption. The objective of this study is to explore the link between the quality of governance (WGI indicators) and economic growth (GDP). The study attempts to identify the effect of the good governance in the economic development of the Muslim states. A quantitative methodology approach has been adopted, i.e. an econometric model based on the examination of a panel data of good governance indicators for the period of 1996 to 2013. The analysis includes Bangladesh, Indonesia, Iran, Egypt, Pakistan, Lebanon, Malaysia, Turkey and Syria. The study concludes that economic development is positively related to governance. A number of steps have been suggested to improve efficiency of the government and governance structure of the countries.
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spelling nottingham-375252017-10-19T17:13:36Z https://eprints.nottingham.ac.uk/37525/ Impact of Institutional Quality on Economic Growth Khokhar, Sara Hussain Many researchers believe that a country will undergo economic development when there is progress observed in the Worldwide Governance Indicators (WGI) e.g. there exists mechanisms for the voice and accountability, political stability is high, rule of law prevails and the nation is able to control corruption. The objective of this study is to explore the link between the quality of governance (WGI indicators) and economic growth (GDP). The study attempts to identify the effect of the good governance in the economic development of the Muslim states. A quantitative methodology approach has been adopted, i.e. an econometric model based on the examination of a panel data of good governance indicators for the period of 1996 to 2013. The analysis includes Bangladesh, Indonesia, Iran, Egypt, Pakistan, Lebanon, Malaysia, Turkey and Syria. The study concludes that economic development is positively related to governance. A number of steps have been suggested to improve efficiency of the government and governance structure of the countries. 2016 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/37525/1/SaraHussainKhokhar-37525.pdf Khokhar, Sara Hussain (2016) Impact of Institutional Quality on Economic Growth. [Dissertation (University of Nottingham only)]
spellingShingle Khokhar, Sara Hussain
Impact of Institutional Quality on Economic Growth
title Impact of Institutional Quality on Economic Growth
title_full Impact of Institutional Quality on Economic Growth
title_fullStr Impact of Institutional Quality on Economic Growth
title_full_unstemmed Impact of Institutional Quality on Economic Growth
title_short Impact of Institutional Quality on Economic Growth
title_sort impact of institutional quality on economic growth
url https://eprints.nottingham.ac.uk/37525/