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Faculty Publications
Determinants Of Governance Institutional Quality In Sub-Saharan Africa
Document Type
Article
Keywords
africa, economic development, institutional quality, Policy
Journal/Book/Conference Title
Applied Economics
Volume
53
Issue
18
First Page
2066
Last Page
2079
Abstract
The paper hypothesizes that the quality of institutions tends to evolve slowly and in a piecemeal nature over time. In this process policy is seen to be a mechanism through which this evolutionary process takes place. Policy influences intermediary variables, which in turn create opportunities for institutional innovation. There are two hypotheses derived from this analysis and tested empirically in the paper. It is hypothesized that improvements in institutional quality lead to increases in economic development (using two different measures). It is also hypothesized that changes in intermediary variables resulting from policy changes lead to improvements in institutional quality. These two hypotheses are tested using a panel data set made up of twenty-five countries in Africa. The results indicate that improvements in the quality of governance institutions do lead to improvements in economic development and that policies aimed at influencing intermediary variables lead to improvements in governance institutional quality.
Department
Department of Economics
Department
Department of Finance
Original Publication Date
1-1-2021
DOI of published version
10.1080/00036846.2020.1855314
Repository
UNI ScholarWorks, Rod Library, University of Northern Iowa
Language
en
Recommended Citation
Grabowski, Richard and Self, Sharmistha, "Determinants Of Governance Institutional Quality In Sub-Saharan Africa" (2021). Faculty Publications. 187.
https://scholarworks.uni.edu/facpub/187