economic aspects. Specifically it attempted to classify and measure various types of institutions based on a theoretical …

Johansen-Juselius cointegration technique and the Granger causality test. The study results indicate that Institutions and … the causality between Institutions and growth is uni-directional. However, there is no short run causality from … Institutions to growth and vice versa. Therefore, as a policy implication that institutional quality may cause to the sustainable …

measure the single dimensions affects economic growth. The results show that over all, institutions promote growth in long run … institutions. …

The role of institutions in promoting economic growth and development has generated considerable interest among … researchers and practitioners in recent years. This paper explores the role of state institutions in promoting growth using a GMM … econometric model. Specifically it attempted to test impact of two dimensions of institutions on growth using recently developed …