institutional quality indices were constructed via Principal Component Analysis (PCA) to overcome the issue of multicollinearity …, which signals that DFI is vital for boosting economic growth. The interaction term between the DFI index and institutional … quality index also suggests a positive relationship, highlighting the need for the establishment of robust institutions and …

Firms' success depends on their ability to deal with formal institutional quality. Specifically, firms exposed to a …' institutional experience moderates the relationship between formal institutional quality and firms' performance. We argue that firms … with higher and more diverse institutional experience will adapt more efficiently to formal institutional quality, thus …

short run. Furthermore, the results reveal that institutional quality reinforced the positive effect of effective value …. This suggests that effective VAT policies and institutional quality applied in this study augment income inequality … run in SSA. Hence, a relevant policy to strengthen the tax system and improve institutional quality should be given …