Matches in SemOpenAlex for { <https://semopenalex.org/work/W2024691464> ?p ?o ?g. }
- W2024691464 abstract "This work evaluates the role of institutions and other control variables on per capita income and growth models for a set of almost one hundred countries, using cross-section and dynamic panel data analysis to answer two questions. Institutions have a primary role on explaining huge cross-country differences on per capita income levels when compared to other control variables such as trade integration and geography? Does long-run growth performance relies mainly on institutional quality? The 2SLS and OGMM results for per capita income levels models suggest that there are some evidence regarding the role of institutions since all the estimated coefficients are positive and statistically significant but the instruments are not valid. Trade integration and geography do not seem to play a direct and significant role on explaining differences in per capita income levels. On the other hand, the results from the growth models suggest that there is scarce evidence for the role of institutions in fostering economic growth and the System-GMM is the one that is more likely to capture such role. In one word, there is no indication of an empirical consensus to claim that institutions have a primary role on growth and income models, but after all, the institutional environment seems to matter. Key-Words: Per Capita Income Levels and Growth Models; Institutions; Cross-Section and Panel Data Analysis. JEL Codes: C33, O47, O43 Resumo O trabalho avalia o papel das instituicoes e outras variaveis de controle em modelos de renda per capita e de crescimento para um conjunto de quase cem paises atraves de analises de painel e corte transversal para responder duas questoes. Instituicoes tem um papel primordial na explicacao das grandes diferencas nos niveis de renda per capita entre paises quando comparado com variaveis tais como integracao comercial e geografia? O desempenho em termos de crescimento de longo prazo depende de maneira crucial da qualidade institucional? Os resultados das estimacoes por 2SLS e OGMM para os modelos de renda per capita sugerem que ha alguma evidencia quanto ao papel das instituicoes dado que todos os coeficientes estimados sao positivos e estatisticamente significativos, mas os instrumentos nao sao validos. Integracao comercial e geografia nao tem um papel direto e significativo na explicacao das diferencas de niveis de renda per capita. Por outro lado, os resultados dos modelos de crescimento sugerem evidencias menos robustas para o papel das instituicoes em estimular o crescimento economico sendo que as estimacoes por System GMM foram aquelas em que este papel e mais facilmente encontrado. Sumarizando, pode se argumentar que nao ha indicacao de um consenso empirico a favor do argumento de que instituicoes tem um papel primordial nos modelos de crescimento e de renda per capita, porem, o ambiente institucional parece ser relevante. Palavras-Chave: Modelos de Crescimento e Nivel de Renda per Capita; Instituicoes: Analise de Painel e Corte Transversal Codigos JEL: C33, O47, O43" @default.
- W2024691464 created "2016-06-24" @default.
- W2024691464 creator A5008977371 @default.
- W2024691464 creator A5089648499 @default.
- W2024691464 date "2011-01-01" @default.
- W2024691464 modified "2023-09-22" @default.
- W2024691464 title "Is There a Primary Roleof Institutions on Explaining Cross Country Differences in IncomeLevels and Long-Run Economic Growth?" @default.
- W2024691464 cites W1511395520 @default.
- W2024691464 cites W1520082828 @default.
- W2024691464 cites W1520996346 @default.
- W2024691464 cites W1522139711 @default.
- W2024691464 cites W1553631189 @default.
- W2024691464 cites W1895235618 @default.
- W2024691464 cites W1934649023 @default.
- W2024691464 cites W1963883253 @default.
- W2024691464 cites W1975603656 @default.
- W2024691464 cites W1992109042 @default.
- W2024691464 cites W2011474190 @default.
- W2024691464 cites W2025610165 @default.
- W2024691464 cites W2027382631 @default.
- W2024691464 cites W2028986970 @default.
- W2024691464 cites W2032003542 @default.
- W2024691464 cites W2035554302 @default.
- W2024691464 cites W2046834055 @default.
- W2024691464 cites W2058016438 @default.
- W2024691464 cites W2064061280 @default.
- W2024691464 cites W2066823663 @default.
- W2024691464 cites W2070631858 @default.
- W2024691464 cites W2088321962 @default.
- W2024691464 cites W2097978133 @default.
- W2024691464 cites W2105278501 @default.
- W2024691464 cites W2107565995 @default.
- W2024691464 cites W2108614304 @default.
- W2024691464 cites W2132849250 @default.
- W2024691464 cites W2144357229 @default.
- W2024691464 cites W2168605160 @default.
- W2024691464 cites W2738423864 @default.
- W2024691464 cites W2944876548 @default.
- W2024691464 cites W3121147769 @default.
- W2024691464 cites W3121164774 @default.
- W2024691464 cites W3122513675 @default.
- W2024691464 cites W3122604533 @default.
- W2024691464 cites W3122705141 @default.
- W2024691464 cites W3122939430 @default.
- W2024691464 cites W3123876308 @default.
- W2024691464 cites W3123886372 @default.
- W2024691464 cites W3124131699 @default.
- W2024691464 cites W3124380383 @default.
- W2024691464 cites W3124524537 @default.
- W2024691464 cites W3124884636 @default.
- W2024691464 cites W3164964439 @default.
- W2024691464 cites W3193006831 @default.
- W2024691464 hasPublicationYear "2011" @default.
- W2024691464 type Work @default.
- W2024691464 sameAs 2024691464 @default.
- W2024691464 citedByCount "0" @default.
- W2024691464 crossrefType "posted-content" @default.
- W2024691464 hasAuthorship W2024691464A5008977371 @default.
- W2024691464 hasAuthorship W2024691464A5089648499 @default.
- W2024691464 hasConcept C105795698 @default.
- W2024691464 hasConcept C127598652 @default.
- W2024691464 hasConcept C144024400 @default.
- W2024691464 hasConcept C149782125 @default.
- W2024691464 hasConcept C149923435 @default.
- W2024691464 hasConcept C153240184 @default.
- W2024691464 hasConcept C160443848 @default.
- W2024691464 hasConcept C162324750 @default.
- W2024691464 hasConcept C2908647359 @default.
- W2024691464 hasConcept C33923547 @default.
- W2024691464 hasConcept C4249254 @default.
- W2024691464 hasConcept C47768531 @default.
- W2024691464 hasConcept C6422946 @default.
- W2024691464 hasConceptScore W2024691464C105795698 @default.
- W2024691464 hasConceptScore W2024691464C127598652 @default.
- W2024691464 hasConceptScore W2024691464C144024400 @default.
- W2024691464 hasConceptScore W2024691464C149782125 @default.
- W2024691464 hasConceptScore W2024691464C149923435 @default.
- W2024691464 hasConceptScore W2024691464C153240184 @default.
- W2024691464 hasConceptScore W2024691464C160443848 @default.
- W2024691464 hasConceptScore W2024691464C162324750 @default.
- W2024691464 hasConceptScore W2024691464C2908647359 @default.
- W2024691464 hasConceptScore W2024691464C33923547 @default.
- W2024691464 hasConceptScore W2024691464C4249254 @default.
- W2024691464 hasConceptScore W2024691464C47768531 @default.
- W2024691464 hasConceptScore W2024691464C6422946 @default.
- W2024691464 hasLocation W20246914641 @default.
- W2024691464 hasOpenAccess W2024691464 @default.
- W2024691464 hasPrimaryLocation W20246914641 @default.
- W2024691464 hasRelatedWork W1522830282 @default.
- W2024691464 hasRelatedWork W1524807291 @default.
- W2024691464 hasRelatedWork W1573019522 @default.
- W2024691464 hasRelatedWork W1601224998 @default.
- W2024691464 hasRelatedWork W1605117558 @default.
- W2024691464 hasRelatedWork W1761579819 @default.
- W2024691464 hasRelatedWork W1798491529 @default.
- W2024691464 hasRelatedWork W1815710834 @default.
- W2024691464 hasRelatedWork W2094912984 @default.
- W2024691464 hasRelatedWork W2098387163 @default.
- W2024691464 hasRelatedWork W2131023772 @default.
- W2024691464 hasRelatedWork W2142650608 @default.