Institutional Infrastructure and Economic Performance: Dynamic Panel Data Evidence

Siong Hook Law1, A.N. Bany‐Ariffin2
1Department of Economics, Faculty of Economics and Management, University Putra Malaysia, Selangor, Malaysia
2Department of Accounting and Finance, Faculty of Economics and Management, University Putra Malaysia, Selangor, Malaysia

Tóm tắt

Từ khóa


Tài liệu tham khảo

Acemoglu D, Johnson S, Robinson JA (2001) The colonial origins of comparative development: an empirical investigation. Am Econ Rev 91:1369–1401

Acemoglu D, Johnson S, Robinson JA (2004) Institutions as the fundamental cause of long-run growth. National Bureau of Economic Research Working Paper No. 10481

Arellano M, Bond S (1991) Some tests of specification for panel data: Monte carlo evidence and an application to employment equations. Rev Econ Stud 58:277–297

Assane D, Grammy A (2003) Institutional framework and economic development: international evidence. Appl Econ 35:1811–1817

Barro RJ (1997) Determinants of economic growth: a cross-country empirical study. Harvard Institute for International Development Discussion Paper 579

Barro RJ, Sala-i-Martin X (1995) Economic growth. McGraw-Hill, New York

Bernanke B, Gurkaynak RS (2001) Is growth exogenous? Taking Mankiw, Romer and Weil seriously. National Bureau of Economic Research Working Papar No. 8365

Bessler DA, Loper N (2001) Economic development: evidence from directed graphs. Manchester Sch 69:457–476

Bils M, Klenow P (1998) Does schooling cause growth or the other way around? National Bureau of Economic Research Working Paper: 6393

Block SA (2001) Does Africa grow differently? J Develop Econ 65:443–467

Blomstrom M, Lipsey R, Zejan M (1996) Is fixed investment the key to economic growth? Q J Econ 111:269–276

Brunt L (2007) Property rights and economic growth: evidence from a natural experiment. CEPR Discussion Papers No. 6404

Butkiewicz JL, Yanikkaya H (2006) Institutional quality and economic growth: maintenance of the rule of law or democratic institutions, or both? Econ Modell 23:648–661

Chong A, Calderon C (2000a) Causality and feedback between institutional measures and economic growth. Econ Polit 12:69–81

Chong A, Calderon C (2000b) Institutional quality and income distribution. Econ Dev Cult Change 48:761–786

Clague C (1993) Rule obedience, organizational loyalty, and economic development. J Inst Theor Econ 149:393–414

Clarke GRG (2001) How the quality of institutions affects technological deepening in developing countries? Country Economics Department Working Paper No. 2603, World Bank

Easterly W, Levine R (1997) Africa’s growth tragedy: policies and ethnic divisions. Q J Econ 112:1203–1250

Glaeser EL, La Porta R, Lopez-de-Silane F, Shleifer A (2004) Do institutions cause growth? National Bureau of Economic Research Working Paper No. 10568

Hall R, Jones C (1999) Why do some countries produce so much more output per worker than others? Q J Econ 114:83–116

Hausman J (1978) Specification tests in econometrics. Econometrica 46:1251–1271

Knack S, Keefer P (1995) Institutions and economic performance: cross-country tests using alternative institutional measures. Econ Polit 7:207–227

Keefer P, Knack S (1997) Why don’t poor countries catch up? A cross national test of institutional explanation. Econ Inq 35:590–602

Kostevc C, Redek T, Susjan A (2007) Foreign direct investment and institutional environment in transition economies. Trans Stud Rev 14:40–54

Nelson RR, Sampat BN (2001) Making sense of institutions as a factor shaping economic performance. J Econ Behav Organ 44:31–54

North DC (1990) Institutions, institutional change, and economic performance. Cambridge University Press, Cambridge

Olson M (1996) Distinguished lecture on economics in government: big bills left on the sidewalk: why some nations are rich, and others poor. J Econ Perspect 10:3–24

Pesaran MH, Shin Y, Smith RP (1999) Pooled mean group estimation of dynamic heterogeneous panels. J Am Stat Assoc 94:621–634

Rodrik D (1997) TFPG controversies, institutions and economic performance in East Asia. National Bureau of Economic Research Working Paper No. 5914

Rodrik D, Subramanian A, Trebbi F (2002) Institutions rule: the primacy of institutions over geography and integration in economic development. National Bureau of Economic Research Working Paper No. 9305

Vukotic V, Bacovic M (2006) Economic freedom and economic growth in South East Europe. Trans Stud Rev 13:81–91