Open Access Honors Program Thesis
Bryce Kanago, Advisor
Economic development--Mathematical models; Law and economic development; Equality--Economic aspects;
This paper reevaluates the variables affecting economic growth. I consider models previously proposed by economists to explain the linkage economic growth has with measures of political influence and inequality. The model I use considers two different models. The first scenario uses a common intercept between all countries while the second allows each country to have its own intercept. Political influence is measured by the score and variation of the score of the polity index as well as the score for how protected property rights are. Inequality is measured by the Gini Coefficient. The model produces some evidence of political influences influencing economic growth but fails to find evidence of inequality influencing economic growth.
Year of Submission
Department of Economics
University Honors Designation
A thesis submitted in partial fulfillment of the requirements for the designation University Honors
©2017 Ethan James Philo
Philo, Ethan James, "The effects of governance and inequality on economic growth" (2017). Honors Program Theses. 285.