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227498

Institutional Quality and Economic Growth (An Empirical Analysis on MENA Region)

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Last updated: 04 Jan 2025

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Abstract

This research aims to investigate the influence of institutional quality on Economic growth in MENA region. The sample covers 23 MENA region countries for the period 1996-2018. Governance indicators are used as a proxy for institutional quality. Results suggest that the model adopted by Abou-Ali and M. Abdelfattah (2013), in which they use the Resource Curse Hypothesis model and the Environmental Kuznets Curve model simultaneously while taking into consideration the institutional quality, is best fitted to the data, so the research apply the methods of testing that used panel data approach of causality, and fixed and random effect model. Furthermore, findings of the research indicated a positive and significant effect of institutional quality on economic growth in high and middle-income countries in MENA region, sopolicymakers In MENA countries should reinforce the quality of their institutions by adopting good practice of governance and regulations. As the study prove that the proper rule of law enhances the business environment and hence improves foreign direct investment and help in promoting economic growth.  

DOI

10.21608/jsec.2022.227498

Keywords

Institutional Quality, Governance Indicators, Economic growth, MENA region. Mixed effect model

Authors

First Name

Salwa

Last Name

abdelaziz

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Affiliation

Lecturer of economics ,faculty of economics and political science,Cairo university

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Orcid

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First Name

Enas

Last Name

Ayman mohamed

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Affiliation

Departement of economics,Misr international university

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Volume

52

Article Issue

1

Related Issue

31916

Issue Date

2022-04-01

Receive Date

2021-07-27

Publish Date

2022-04-01

Page Start

325

Page End

354

Print ISSN

2636-2562

Link

https://jsec.journals.ekb.eg/article_227498.html

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https://jsec.journals.ekb.eg/service?article_code=227498

Order

9

Type

المقالة الأصلية

Type Code

914

Publication Type

Journal

Publication Title

المجلة العلمية للإقتصاد و التجارة

Publication Link

https://jsec.journals.ekb.eg/

MainTitle

Institutional Quality and Economic Growth (An Empirical Analysis on MENA Region)

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Article

Created At

22 Jan 2023