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...

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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
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description 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.
doi_str_mv 10.1080/00036846.2020.1855314
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source International Bibliography of the Social Sciences (IBSS); Taylor & Francis; EBSCOhost Econlit with Full Text; EBSCOHost: Business Source Ultimate
subjects africa
Economic analysis
Economic development
Economic theory
Governance
Hypotheses
Innovations
institutional quality
Panel data
Policy
Policy making
Site planning
Variables
title Determinants of governance institutional quality in sub-saharan africa
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