Quality of institutions and economic growth in the MENA region: an analysis by the generalized method of moments

Bibliographic Details
Main Author: Bourhaba, Othmane
Publication Date: 2023
Other Authors: Mhenna, Rachid
Format: Article
Language: fra
Source: Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
Download full: https://doi.org/10.23882/rmd.23164
Summary: Institutions, whether they are political, legal, financial, or administrative, provide the framework and necessary rules for a stable and prosperous economy. Strong governance, the rule of law, transparency, and the fight against corruption are all factors that foster an environment conducive to investments, innovation, and job creation. The objective of this article is to examine the influence of institutions on the economic performance of countries in the MENA region. The study focuses on a panel of 14 countries for the period 1996-2021, using the Generalized Method of Moments (GMM) dynamic system approach proposed by Blundell and Bond (1998). The results demonstrate that institutions have a positive and significant effect on the economic growth of countries in the MENA region.
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spelling Quality of institutions and economic growth in the MENA region: an analysis by the generalized method of momentsQualité des institutions et croissance économique dans la région MENA: une analyse par la méthode des moments généralisésInstitutioneconomic growthMENA regionGMMInstitutioncroissance économiquerégion MENAGMMInstitutions, whether they are political, legal, financial, or administrative, provide the framework and necessary rules for a stable and prosperous economy. Strong governance, the rule of law, transparency, and the fight against corruption are all factors that foster an environment conducive to investments, innovation, and job creation. The objective of this article is to examine the influence of institutions on the economic performance of countries in the MENA region. The study focuses on a panel of 14 countries for the period 1996-2021, using the Generalized Method of Moments (GMM) dynamic system approach proposed by Blundell and Bond (1998). The results demonstrate that institutions have a positive and significant effect on the economic growth of countries in the MENA region.Les institutions, qu'elles soient politiques, légales, financières ou administratives, fournissent le cadre et les règles nécessaires à une économie stable et prospère. Une solide gouvernance, la primauté du droit, la transparence et la lutte contre la corruption sont autant de facteurs qui favorisent un environnement propice aux investissements, à l'innovation et à la création d'emplois. L'objectif de cet article est d'examiner l’influence des institutions sur la performance économique des pays de la région MENA. L’étude porte sur un panel de 14 pays pour la période 1996-2021 en utilisant la méthode dynamique des moments généralisés en système (GMM) de Blundell et Bond (1998). Les résultats montrent que le les institutions ont un effet positif et significatif sur la croissance économique des pays de la région MENA.NMd, Núcleo Multidisciplinar2023-07-07info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttps://doi.org/10.23882/rmd.23164https://doi.org/10.23882/rmd.23164[RMd] RevistaMultidisciplinar; Vol. 5 No. 3 (2023): Digital Transformation and Organizational Performance; 93-105[RMd] RevistaMultidisciplinar; Vol. 5 Núm. 3 (2023): Transformación digital y desempeño de las organizaciones; 93-105[RMd] Revue Multidisciplinaire; Vol. 5 No 3 (2023): Transformation Digitale et Performance des Organisations; 93-105[RMd] RevistaMultidisciplinar; Vol. 5 N.º 3 (2023): Transformação Digital e Desempenho Organizacional; 93-1052184-549210.23882/rmd.v5n3reponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAPfrahttps://revistamultidisciplinar.com/index.php/oj/article/view/164https://revistamultidisciplinar.com/index.php/oj/article/view/164/184Direitos de Autor (c) 2023 Othmane Bourhaba, Rachid Mhennainfo:eu-repo/semantics/openAccessBourhaba, OthmaneMhenna, Rachid2025-04-12T08:13:17Zoai:ojs2.revistamultidisciplinar.com:article/164Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-29T06:25:02.138819Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse
dc.title.none.fl_str_mv Quality of institutions and economic growth in the MENA region: an analysis by the generalized method of moments
Qualité des institutions et croissance économique dans la région MENA: une analyse par la méthode des moments généralisés
title Quality of institutions and economic growth in the MENA region: an analysis by the generalized method of moments
spellingShingle Quality of institutions and economic growth in the MENA region: an analysis by the generalized method of moments
Bourhaba, Othmane
Institution
economic growth
MENA region
GMM
Institution
croissance économique
région MENA
GMM
title_short Quality of institutions and economic growth in the MENA region: an analysis by the generalized method of moments
title_full Quality of institutions and economic growth in the MENA region: an analysis by the generalized method of moments
title_fullStr Quality of institutions and economic growth in the MENA region: an analysis by the generalized method of moments
title_full_unstemmed Quality of institutions and economic growth in the MENA region: an analysis by the generalized method of moments
title_sort Quality of institutions and economic growth in the MENA region: an analysis by the generalized method of moments
author Bourhaba, Othmane
author_facet Bourhaba, Othmane
Mhenna, Rachid
author_role author
author2 Mhenna, Rachid
author2_role author
dc.contributor.author.fl_str_mv Bourhaba, Othmane
Mhenna, Rachid
dc.subject.por.fl_str_mv Institution
economic growth
MENA region
GMM
Institution
croissance économique
région MENA
GMM
topic Institution
economic growth
MENA region
GMM
Institution
croissance économique
région MENA
GMM
description Institutions, whether they are political, legal, financial, or administrative, provide the framework and necessary rules for a stable and prosperous economy. Strong governance, the rule of law, transparency, and the fight against corruption are all factors that foster an environment conducive to investments, innovation, and job creation. The objective of this article is to examine the influence of institutions on the economic performance of countries in the MENA region. The study focuses on a panel of 14 countries for the period 1996-2021, using the Generalized Method of Moments (GMM) dynamic system approach proposed by Blundell and Bond (1998). The results demonstrate that institutions have a positive and significant effect on the economic growth of countries in the MENA region.
publishDate 2023
dc.date.none.fl_str_mv 2023-07-07
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://doi.org/10.23882/rmd.23164
https://doi.org/10.23882/rmd.23164
url https://doi.org/10.23882/rmd.23164
dc.language.iso.fl_str_mv fra
language fra
dc.relation.none.fl_str_mv https://revistamultidisciplinar.com/index.php/oj/article/view/164
https://revistamultidisciplinar.com/index.php/oj/article/view/164/184
dc.rights.driver.fl_str_mv Direitos de Autor (c) 2023 Othmane Bourhaba, Rachid Mhenna
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Direitos de Autor (c) 2023 Othmane Bourhaba, Rachid Mhenna
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv NMd, Núcleo Multidisciplinar
publisher.none.fl_str_mv NMd, Núcleo Multidisciplinar
dc.source.none.fl_str_mv [RMd] RevistaMultidisciplinar; Vol. 5 No. 3 (2023): Digital Transformation and Organizational Performance; 93-105
[RMd] RevistaMultidisciplinar; Vol. 5 Núm. 3 (2023): Transformación digital y desempeño de las organizaciones; 93-105
[RMd] Revue Multidisciplinaire; Vol. 5 No 3 (2023): Transformation Digitale et Performance des Organisations; 93-105
[RMd] RevistaMultidisciplinar; Vol. 5 N.º 3 (2023): Transformação Digital e Desempenho Organizacional; 93-105
2184-5492
10.23882/rmd.v5n3
reponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
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instname_str FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
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