The Role of Institutional Quality on Total Factor Productivity: A Comparative Analysis on the CEE and MENA Economies


Çavuşoğlu A. T. , Konukcu Önal D.

Handbook of Research on Comparative Economic Development Perspectives on Europe and the MENA Region, M. Mustafa Erdoğdu & Bryan Christiansen, Editör, IGI Global Publications, Pennsylvania, ss.98-126, 2016

  • Basım Tarihi: 2016
  • Yayınevi: IGI Global Publications
  • Basıldığı Şehir: Pennsylvania
  • Sayfa Sayıları: ss.98-126
  • Editörler: M. Mustafa Erdoğdu & Bryan Christiansen, Editör

Özet

Within the settings of the economic growth literature, this study aims at analyzing the determinants of total factor productivity in the Central and Eastern Europe (CEE) and the Middle East and North Africa (MENA) regions, with a special emphasis on institutional quality. Beside descriptive analyses, several fixed-effect panel data regressions are estimated, which enables both cross-country and cross-regional analyses. Estimation results provide strong statistical evidence of institutional influences on total factor productivity in the CEE and MENA economies.