The influence of state institutions on economic growth dynamics is an important subject of analysis in economics literature. The purpose of this article is to compare determinants of growth rate in India and Pakistan in the years 1988 to 2012. The subject of analysis will be factors associated...

The article is examines the impact of macroeconomic indicators, in particular: human capital, government spending, innovation, political and social stability, on economic growth. In total 12 different indicators describing the economical, political and social conditions are taken into account....