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This study examines how institutional indicators influence economic growth in a theoretical framework proposed by North (1981). Thirty-one indicators each covering 84 countries over a span of 5 years have been used to extract factors based on principal component analysis. Factors based on these...
Persistent link: https://www.econbiz.de/10012869325
This paper presents an index of institutionalized social technologies for Pakistan, covering its two main dimensions namely Risk reducing technologies and Anti Rent seeking technologies and in turn covers several social, institutional, political and economic aspects. It is also analyzed...
Persistent link: https://www.econbiz.de/10012869348
This paper investigates relationship between institutional quality and economic performance in Pakistan using the Johansen-Juselius cointegration techniqueand the Granger causality test. The study results indicate that Institutions and growth are cointegrated and thus exhibit a reliable long run...
Persistent link: https://www.econbiz.de/10012869349
This paper used index of institutionalized social technologies (lIST) developed by Siddiqui and Ahmed (2018) as a proxy of institutions quality, to analyse their impact on Economic growth. This index was made up of two sub-indices namely Risk reducing technologies and Anti Rent seeking...
Persistent link: https://www.econbiz.de/10012829394