Democracy, Investment and Economic Growth
The main purpose of this paper is to identify the relationship between democracy, investment and economic growth for a sample of 11 countries from the MENA region during the period 2000-2009, by using a dynamic panel data model. The democracy’ effect on the contribution of investment to economic gro...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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EconJournals
2012-01-01
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| Series: | International Journal of Economics and Financial Issues |
| Subjects: | |
| Online Access: | http://www.econjournals.com/index.php/ijefi/article/view/108/pdf |
| _version_ | 1797923344633298944 |
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| author | Hadhek Zouhaier Kefi Mohamed Karim |
| author_facet | Hadhek Zouhaier Kefi Mohamed Karim |
| author_sort | Hadhek Zouhaier |
| collection | DOAJ |
| description | The main purpose of this paper is to identify the relationship between democracy, investment and economic growth for a sample of 11 countries from the MENA region during the period 2000-2009, by using a dynamic panel data model. The democracy’ effect on the contribution of investment to economic growth has been the subject of a second empirical study within the framework of this research paper. The main outcomes drawn by these two empirical tests prove that there is a significant link between on the one hand the democracy and investment and on the other hand between civil liberties and economic growth. The outcomes also highlight a positive interaction between political rights and investment. |
| first_indexed | 2024-04-10T14:45:03Z |
| format | Article |
| id | doaj.art-b80d6f75a152402286d4aa5d1b150f99 |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T14:45:03Z |
| publishDate | 2012-01-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-b80d6f75a152402286d4aa5d1b150f992023-02-15T16:07:56ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382012-01-0123233240Democracy, Investment and Economic GrowthHadhek ZouhaierKefi Mohamed KarimThe main purpose of this paper is to identify the relationship between democracy, investment and economic growth for a sample of 11 countries from the MENA region during the period 2000-2009, by using a dynamic panel data model. The democracy’ effect on the contribution of investment to economic growth has been the subject of a second empirical study within the framework of this research paper. The main outcomes drawn by these two empirical tests prove that there is a significant link between on the one hand the democracy and investment and on the other hand between civil liberties and economic growth. The outcomes also highlight a positive interaction between political rights and investment.http://www.econjournals.com/index.php/ijefi/article/view/108/pdfPolitical rightsCivil libertiesInvestmentEconomic growthDynamic panel |
| spellingShingle | Hadhek Zouhaier Kefi Mohamed Karim Democracy, Investment and Economic Growth International Journal of Economics and Financial Issues Political rights Civil liberties Investment Economic growth Dynamic panel |
| title | Democracy, Investment and Economic Growth |
| title_full | Democracy, Investment and Economic Growth |
| title_fullStr | Democracy, Investment and Economic Growth |
| title_full_unstemmed | Democracy, Investment and Economic Growth |
| title_short | Democracy, Investment and Economic Growth |
| title_sort | democracy investment and economic growth |
| topic | Political rights Civil liberties Investment Economic growth Dynamic panel |
| url | http://www.econjournals.com/index.php/ijefi/article/view/108/pdf |
| work_keys_str_mv | AT hadhekzouhaier democracyinvestmentandeconomicgrowth AT kefimohamedkarim democracyinvestmentandeconomicgrowth |