Institutions and economic development: a Granger causality analysis of panel data evidence
This study examines the causal relationship between institutions and economic development using a panel Granger causality test. The study incorporates two institutional datasets, the International Country Risk Guide (ICRG) and World Governance Indicators (WGI). The empirical results based on 60 coun...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2013
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| Online Access: | http://psasir.upm.edu.my/id/eprint/28315/ http://psasir.upm.edu.my/id/eprint/28315/1/Institutions%20and%20economic%20development.pdf |