مجلة النمو الاقتصادي والمقاولاتية
Volume 7, Numéro 1, Pages 1-13
2024-02-27
-the Impact Of Good Governance Indicators On Economic Development -an Econometric Study Of Arab Countries During The Period 1996-2017
Authors : Metarref Aouatef . Benlahbib Taha . Bahloul Latifa .
Abstract
This study aims at highlighting the role that good governance plays in achieving economic development, since the establishment of the latter seems to be a prerequisite for the promotion of economic growth, which helps raise the living standard of the population as a whole. In order to achieve the objective of the study, pooled cross-sectional and time series data, based on economic variables including GDP per capita as the dependent variable and good governance indicators as the independent variables, were used. The study concludes that the random effects model is appropriate for understanding the studied phenomenon. The model thus makes it possible to show a difference in the random component between the Arab countries when estimating the relationship of the effects of indicators of good governance on economic development. In other words, it seems necessary to introduce other factors outside the model which differ from one Arab country to another and which explain the differences between these countries.
Keywords
good governance ; economic development ; panel models ; Arab countries
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