Institutions and economic performance: A meta-regression analysis

Efendić, Adnan; Pugh, Geoff; Adnett, Nick

doi:10.1016/j.ejpoleco.2010.12.003

Cited by 113 publications

(72 citation statements)

References 30 publications

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“…Following several previous meta-analyses (Doucouliagos, 2005;Efendic et al, 2011;Valickova et al, 2015), for the summary statistic we use the partial correlation coefficient (PCC), which can be derived as:…”

Section: Methodsmentioning

confidence: 99%

Natural Resources and Economic Growth: A Meta-Analysis

2016

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Section: Methodsmentioning

confidence: 99%

Natural Resources and Economic Growth: A Meta-Analysis

2016

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“…Equation (2) can be used as a valid test for both the presence of publication selection bias (variables not divided by se j ) and genuine education effects on economic growth corrected for publication selection (variables divided by se j ) (Stanley 2005(Stanley , 2008. We follow Efendic et al (2011) and use the Funnel Assymetry Test (FAT) to formally test for the presence of publication bias.…”

Section: Meta-data Set and Strategymentioning

confidence: 99%

Education and Economic Growth: A Meta-Regression Analysis

2014

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This paper surveys the literature that examines the effect of education on economic growth.Specifically, we apply meta-regression analysis to 56 studies with 979 estimates and show that there is substantial publication selection bias towards a positive impact of education on growth.Once we account for this, we find evidence of a genuine effect of education on economic growth.The variation in reported estimates can be attributed to differences in the measurement of education and study characteristics, most importantly model specification, estimation methodology, type of data and the research outlet where studies were published, e.g. academic journals vs. working papers.JEL Classification: I25, E24, C01, O50

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“…Efendic et al (2011) [51] find evidences of a partial positive and significant impact of institutions on output levels, even though they argue that the robustness of the analysis is partially related to the model specification choices.…”

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confidence: 99%

The Impact of Institutional Quality and Efficient Cohesion Investments on Economic Growth Evidence from Italian Regions

Arbolino

Boffardi

2017

Sustainability

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Literature stresses that efficient institutions are necessary to achieve the highest returns from public policies. It has been recognized by the European Union (EU) that regional institutions have a fundamental role in obtaining the highest results from Cohesion and Structural investments, which represent the main fiscal and anticyclical instruments available for the regions. The paper aims at analyzing the impact of the quality of regional governments, and their management of EU cohesion funds on the economic growth of Italian regions. In order to measure the quality of institutions, we have combined the Institutional Quality Index (IQI) with a set of efficiency indexes, calculated in order to evaluate the ability of regional policymakers to manage European Funds. We conduct a two-way fixed effect panel regression model during the period between 2007 and 2015. The results underline that, in general, Cohesion investments and IQI are positively related to the regional growth; instead, efficiency indexes are important key factors mainly in the Southern area, characterized by structural weaknesses.

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Institutions and economic performance: A meta-regression analysis

Cited by 113 publications

References 30 publications

Natural Resources and Economic Growth: A Meta-Analysis

Natural Resources and Economic Growth: A Meta-Analysis

Education and Economic Growth: A Meta-Regression Analysis

The Impact of Institutional Quality and Efficient Cohesion Investments on Economic Growth Evidence from Italian Regions

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