Institutional Quality and Economic Growth: Empirical Evidence from the Sudanese Economy

 
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2014 (EN)
Institutional Quality and Economic Growth: Empirical Evidence from the Sudanese Economy

Tsaliki, Persefoni
Alexiou, Constantinos
Rasha, Hashim Osman

This study aims to explore the extent to which conventional methods used in the majority of relevant growth studies can successfully interpret the economic performance of a highly underdeveloped African country such as Sudan. Applying an ARDL bounds- testing approach to cointegration proposed by Pesaran et al. (2001), we look into the short-run as well as long-run relationships between institutional and various other key economic variables and economic growth over the period 1972-2008. The empirical results obtained suggest that, for the Sudanese economy, the quality of the institutional environment is one of the most important factors in defining economic prosperity.

Article / Άρθρο
info:eu-repo/semantics/article

Αριστοτέλειο Πανεπιστήμιο Θεσσαλονίκης (EL)
Aristotle University of Thessaloniki (EN)

English

2016-10-06T07:54:40Z
2014


Αριστοτέλειο Πανεπιστήμιο Θεσσαλονίκης, Σχολή Οικονομικών και Πολιτικών Επιστημών, Τμήμα Οικονομικών Επιστημών

Economic Annals, vol.LIX no.203 [2014]

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