Access the full text.
Sign up today, get DeepDyve free for 14 days.
African Development Report
Aid, Debt, Relief and Development in Africa
D. North
Institutions, Institutional Change and Economic Performance
Oladeji Ojo, T. Oshikoya (1995)
Determinants of Long-Term Growth: Some African ResultsJournal of African Economies, 4
K. Pistor
Law meets the market: matches and mismatches in transition economies
(The) World Bank
World Development Indicators
V. Vukotić, Maja Baćović (2006)
Economic Freedom and Economic Growth in South East EuropeTransition Studies Review, 13
T.N. Srinivasan
Database for development analysis: an overview
Jim Granato, R. Inglehart, David Leblang (1996)
The effect of cultural values on economic development: Theory, hypotheses, and some empirical testsAmerican Journal of Political Science, 40
F. Bourguignon, T. Verdier (2000)
Oligarchy, democracy, inequality and growthJournal of Development Economics, 62
M. Ravallion
Measurement social welfare with and without poverty lines
D. Rodrik, A. Subramanian, A. Trebbi
Institutions rule: the primacy of institutions over geography and integration in economic development
W. Easterly, Ross Levine (2002)
Tropics, Germs, and Crops: How Endowments Influence Economic DevelopmentDevelopment Economics
S. Wei (1997)
How Taxing is Corruption on International Investors?Review of Economics and Statistics, 82
B. Weder
Legal systems and economic performance: the empirical evidence
D. Rodrik, A. Subramanian, Francesco Trebbi (2002)
Institutions Rule: The Primacy of Institutions Over Integration and Geography in Economic Development
P. Keefer, Stephen Knack (1997)
WHY DON'T POOR COUNTRIES CATCH UP? A CROSS‐NATIONAL TEST OF AN INSTITUTIONAL EXPLANATIONEconomic Inquiry, 35
J. Sachs, Andrew Warner (1995)
Economic Reform and the Process of Global Integration, 26
M. Gradstein, B. Milanovic, Y. Ying
Democracy and income inequality: an empirical analysis
A. Krueger (1974)
The Political Economy of the Rent-Seeking SocietyThe American Economic Review, 64
Graziella Bertocchi, F. Canova (1996)
Did Colonization Matter for Growth? An Empirical Exploration into the Historical Causes of Africa's UnderdevelopmentEconomic History
E. Anoruo, Y. Ahmad (2001)
Causal Relationship Between Domestic Savings and Economic Growth: Evidence From Seven African CountriesAfrican Development Review, 13
World Economic Forum
Global Competitiveness Report
L. Brunt (2011)
Property Rights and Economic Growth: Evidence from a Natural ExperimentEconomic Growth eJournal
W. Ewald (1995)
Comparative Jurisprudence (II): The Logic of Legal TransplantsAmerican Journal of Comparative Law, 43
C. Adjasi, N. Biekpe (2006)
Stock Market Development and Economic Growth: The Case of Selected African CountriesAfrican Development Review, 18
J. Aron (2000)
Growth and Institutions: A Review of the EvidenceWorld Bank Research Observer, 15
Stephen Bond (2002)
Dynamic panel data models: a guide to micro data methods and practicePortuguese Economic Journal, 1
(1999)
Does Grease Money Speed Up the Wheels of Commerce
D. Holtz-eakin, Whitney Newey, H. Rosen (1988)
Estimating vector autoregressions with panel dataEconometrica, 56
(2000)
Institutions, Factor Endowments, and Paths of Development in the New World
W. Greene
Econometrics Analysis
L. Adkins, R. Moomaw, A. Savvides (2002)
Institutions, Freedom, and Technical EfficiencySouthern Economic Journal, 69
E. Muller (1995)
ECONOMIC DETERMINANTS OF DEMOCRACYAmerican Sociological Review, 60
Graziella Bertocchi, F. Canova (2002)
Did colonization matter for growthEuropean Economic Review, 46
L. Ndikumana (2006)
Corruption and Pro-Poor Growth Outcomes: Evidence and Lessons for African Countries
A. Savoia, E. Josly, M. Andrew
The relationship between inequality and institutions: an empirical analysis
Marno Verbeek (2000)
A Guide to Modern Econometrics
J. Lambsdorff (2003)
How corruption affects persistent capital flowsEconomics of Governance, 4
Črt Kostevc, Tjaša Redek, Andrej Sušjan (2007)
Foreign Direct Investment and Institutional Environment in Transition EconomiesTransition Studies Review, 14
James Robinson, Daron Acemoglu (2000)
Why Did the West Extend the Franchise? Growth, Inequality and Democracy in Historical PerspectiveQuarterly Journal of Economics
W. Easterly, Ross Levine, G. Roodman (2004)
Aid, Policies, and Growth: CommentThe American Economic Review, 94
H. Soto (1989)
The Other Path: The Invisible Revolution in the Third World
R. Barro (1996)
Democracy and growthJournal of Economic Growth, 1
D. North (1990)
Institutions, Institutional Change and Economic Performance: Economic performance
G. Scully (1988)
The Institutional Framework and Economic DevelopmentJournal of Political Economy, 96
D. Leonard, S. Scott
Africa's Stalled Development
P. Collier (2000)
Rebellion as a Quasi-Criminal ActivityJournal of Conflict Resolution, 44
D. Lal, H. Myint
The Political Economy of Poverty, Equity and Growth
S. Wei (1999)
Corruption in Economic Development: Beneficial Grease, Minor Annoyance, or Major Obstacle?
N. Leff (1964)
Economic Development Through Bureaucratic CorruptionAmerican Behavioral Scientist, 8
D. Ghura (1995)
Macro Policies, External Forces, and Economic Growth in Sub-Saharan AfricaEconomic Development and Cultural Change, 43
A. Savvides (1995)
Economic growth in AfricaWorld Development, 23
Political Risk Services Group
International Country Risk Guide
K. Gyimah-Brempong, Thomas Traynor (1999)
Political Instability, Investment and Economic Growth in Sub-Saharan AfricaJournal of African Economies, 8
James Butkiewicz, Halit Yanīkkaya (2006)
Institutional quality and economic growth: Maintenance of the rule of law or democratic institutions, or both?Economic Modelling, 23
J. Svensson (1998)
Investment, property rights and political instability: Theory and evidenceEuropean Economic Review, 42
Paulo Mauro (1995)
Corruption and growthTrends in Organized Crime, 2
James Gwartney, R. Lawson, W. Block (1996)
Economic freedom of the world, 1975-1995
Carmen Reinhart, I. Tokatlidis (2003)
Financial Liberalisation: The African ExperienceJournal of African Economies, 12
L. Ndikumana (2000)
Financial Determinants of Domestic Investment in Sub-Saharan Africa: Evidence from Panel DataWorld Development, 28
E. Muller (1988)
Democracy, Economic Development, and Income InequalityAmerican Sociological Review, 53
M. Arellano, O. Bover (1995)
Another look at the instrumental variable estimation of error-components modelsJournal of Econometrics, 68
C. Hsiao
Analysis of Panel Data
C. Hsiao (2003)
Dynamic Models with Variable Intercepts
Hongyi Li, L. Squire, H. Zou (1998)
Explaining International and Intertemporal Variations in Income InequalityThe Economic Journal, 108
K. Gyimah-Brempong (2002)
Corruption, economic growth, and income inequality in AfricaEconomics of Governance, 3
V. Tanzi, H. Davoodi (1997)
Corruption, Public Investment, and GrowthInternational Monetary Fund (IMF) Research Paper Series
P. Collier, J. Gunning (1999)
Explaining African Economic PerformanceJournal of Economic Literature, 37
(2008)
The Linkages Between FDI and Domestic Investment: Unravelling the Developmental Impact of Foreign Investment in Sub-Saharan Africa
W. Easterly (1999)
The Middle Class Consensus and Economic DevelopmentJournal of Economic Growth, 6
Alberto Chong, C. Calderón (2000)
Causality and Feedback Between Institutional Measures and Economic GrowthEconomics and Politics, 12
A. Demirguc‐Kunt, E. Detragiache
The determinants of banking crises in developed and developing countries
R. Hall, C. Jones (1998)
Why Do Some Countries Produce so Much More Output Per Worker than Others?Macroeconomics eJournal
Stephen Knack, P. Keefer (1995)
INSTITUTIONS AND ECONOMIC PERFORMANCE: CROSS‐COUNTRY TESTS USING ALTERNATIVE INSTITUTIONAL MEASURESEconomics and Politics, 7
D. Dollar, Aart Kraay
Institutions, Trade, and Growth
Lowrence Mead (2003)
The primacy of institutionsJournal of Policy Analysis and Management, 22
Kevin Sylwester (2002)
Democracy and Changes in Income InequalityInternational journal of business and economics, 1
K.L. Sokoloff, S.L. Engerman
History lessons: institutions, factor endowments, and paths of development in the new world
W. Easterly, Ross Levine (1995)
Africa's Growth Tragedy: A Retrospective, 1960-89Development Economics: Macroeconomic Issues in Developing Economies eJournal
P. Mo (2000)
Income Inequality and Economic GrowthKyklos, 53
Asli Demirguç-Kunt, E. Detragiache (1998)
The Determinants of Banking Crises in Developing and Developed Countries, 45
(2001)
Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Democracy and Income Inequality An Empirical Analysis
J. Dawson (2003)
Causality in the freedom-growth relationshipEuropean Journal of Political Economy, 19
N. Gennaioli, I. Rainer (2005)
The modern impact of precolonial centralization in AfricaJournal of Economic Growth, 12
(2003)
Institutional Causes, Macroeconomic Symptoms: Volatility, Crises and Growth
M. Nelson, Ram Singh (1994)
The Deficit-Growth Connection: Some Recent Evidence from Developing CountriesEconomic Development and Cultural Change, 43
D. Lal, U. Myint (1996)
The Political Economy of Poverty, Equity, and Growth: A Comparative Study
R. Barro (1999)
Determinants of DemocracyJournal of Political Economy, 107
D. Acemoglu, P. Aghion, R. Griffith, F. Zilibotti
Technology, hold‐up, and vertical integration: what do we learn from micro data?
I. Elbadawi, B. Ndulu
Long‐term development and sustainable growth in Sub‐Saharan Africa
J. Sachs, Andrew Warner (1995)
Economic Reform and the Progress of Global Integration
E.L. Glaeser, R. La Porta, F. Lopez‐de‐Silanes, A. Shleifer
Do institutions cause growth?
R. Levine, David Renelt (1991)
A Sensitivity Analysis of Cross-Country Growth RegressionsThe American Economic Review, 82
A. Smith
The Wealth of Nations
P. Keefer, Stephen Knack (1999)
Polarization, Politics and Property Rights: Links Between Inequality and GrowthPublic Choice, 111
S. Huntington (1969)
Political Order in Changing Societies
T. Srinivasan (1994)
Data base for development analysis Data base for development analysis: An overviewJournal of Development Economics, 44
R. Levine, Norman Loayza, T. Beck (1999)
Financial Intermediation and Growth: Causality and CausesFEN: Financial Development & Governance (Topic)
Hongyi Li, L. Xu, H. Zou (2000)
Corruption, Income Distribution, and GrowthEconomics and Politics, 12
D. Acemoglu, James Robinson (2000)
Why Did West Extend the Franchise? Democracy, Ineqiality and Growth in Historical Perspective
Carmen Reinhart, I. Tokatlidis (2000)
Financial Liberalization: The African Experience
M. Arellano, Stephen Bond (1991)
Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment EquationsThe Review of Economic Studies, 58
D. Kaufmann, S. Wei
Does ‘grease payment’ speed up the wheels of commerce?
R. Levine, D. Renelt
A sensitivity analysis of cross‐country regressions
J. Hines, (1995)
Forbidden Payment: Foreign Bribery and American Business After 1977National Bureau of Economic Research
R.J. Barro
Economic growth in cross‐section of countries
Purpose – The purpose of this paper is to explore the alleged link between institutional quality and economic performance in 27 Sub‐Saharan Africa (SSA) countries during the period 1984‐2003. Design/methodology/approach – Four institutions' quality indicators, namely government stability, corruption, ethnic tensions and socioeconomic conditions, along with other control and policy variables, are employed in a panel data analysis. Findings – The institutional variables assume a key role in the process of economic development whereas the control variables display a limited effect. Thus, the “conventional variables” of economic theory may not be able to fully explain the SSA experience. Research limitations/implications – Future research efforts should explore how the vast changes experienced by the countries in that region influenced their economic evolution during the last decades. Practical implications – Policy makers should primarily focus on improving institutional quality, which is likely to positively affect economic performance in SSA countries. Social implications – Improving institutional infrastructure (enhancing rule of law and quality regulation, improving contract enforcement, securing property rights and reducing uncertainty) play a key role in delivering long‐run economic development and social prosperity. Originality/value – The paper analyzes the impact of institutional quality on economic performance using data from 27 SSA countries.
International Journal of Social Economics – Emerald Publishing
Published: Dec 16, 2011
Keywords: Sub Saharan Africa; National economy; Economic performance; Economic development; Institutional quality; Panel data
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.