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- W2520610588 abstract "By using general method of moments-system estimation on a panel of developing countries over the period 1984–2011, we contrast the Middle East and North African (MENA) countries’ growth pattern with that of middle-income countries from other regions. Three complementary dimensions of growth driver are assessed: accumulation, structural change and institutions. Our comparative analysis shows that MENA economies sharply contrast with other middle-income emerging economies with respect to two main dimensions: (1) the sectoral structure of production and (2) the institutional environment. We show that, during the last three decades, the MENA region has exhibited a specific pattern of growth featuring a low pace of structural change and high corruption levels, which may have hindered highly productive job creation, and eventually bred massive discontent in the region. The assumption of the complementary effect of the accumulation, institutional and structural growth determinants is also supported by our empiri..." @default.
- W2520610588 created "2016-09-23" @default.
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- W2520610588 date "2016-07-02" @default.
- W2520610588 modified "2023-09-24" @default.
- W2520610588 title "Is Middle East and North Africa different? A comparative analysis of growth and structural change in and outside MENA" @default.
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- W2520610588 doi "https://doi.org/10.1080/17938120.2016.1225453" @default.
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