Determinants of governance institutional quality in sub-saharan africa

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 i...

Full description

Saved in:
Bibliographic Details
Published in:Applied economics 2021-04, Vol.53 (18), p.2066-2079
Main Authors: Grabowski, Richard, Self, Sharmistha
Format: Article
Language:English
Subjects:
africa
Economic analysis
Economic development
Economic theory
Governance
Hypotheses
Innovations
institutional quality
Panel data
Policy
Policy making
Site planning
Variables
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary: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.
ISSN:0003-6846
1466-4283
DOI:10.1080/00036846.2020.1855314