Iqbal, Nasir; Daly, Vince - In: Economic Modelling 37 (2014) C, pp. 16-22
This study empirically explores the growth effects of rent seeking activity (RSA) for a group of 52 developing/transitional countries, using a dynamic panel data approach. The modeling framework is a Mankiw–Romer–Weil (MRW) conditional convergence model with path dependence and augmented by...