Institutions and economic development: a Granger causality analysis of panel data evidence

Institutions and economic development: a Granger causality analysis of panel data evidence

This study examines the causal relationship between institutions and economic development using a panel Granger causality test. The study incorporates two institutional datasets, the International Country Risk Guide (ICRG) and World Governance Indicators (WGI). The empirical results based on 60 coun...

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Bibliographic Details
Main Authors: Law, Siong Hook, Lim, Thong Cheen, Ismail, Normaz Wana
Format: Article
Language:English
Published: Elsevier 2013
Online Access:http://psasir.upm.edu.my/id/eprint/28315/1/Institutions%20and%20economic%20development.pdf

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