Institutions-growth spatial dependence: An empirical test

Do institutions spatially affect growth? By employing a neoclassical growth model with institutional controls and augmenting the model with a formal spatial framework, this study finds evidence that institutions has spatial spillover effect on economic growth based on a panel observation from 58 developing countries for the period between 1985-2008. This study also shows that the spatial lag model is the most appropriate to model the spillover effect.

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Year of publication:	2012-10-25
Authors:	Ahmad, Mahyudin ; Hall, Stephen G.

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Ahmad, Mahyudin and Hall, Stephen G. (2012): Institutions-growth spatial dependence: An empirical test. Forthcoming in: Procedia - Social and Behavioral Sciences (1 December 2012)
Classification:	R10 - General Regional Economics. General ; O43 - Institutions and Growth ; C31 - Cross-Sectional Models; Spatial Models
Source:	BASE

Persistent link: https://www.econbiz.de/10015234454