On the Nexus Between Institutions and Economic Development: An Empirical Analysis for Sub-Saharan African Countries

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dc.authoridErdogan, Sinan/0000-0003-3491-8234
dc.contributor.authorErdogan, Sinan
dc.contributor.authorAcaravci, Ali
dc.date.accessioned2024-09-18T20:16:39Z
dc.date.available2024-09-18T20:16:39Z
dc.date.issued2022
dc.departmentHatay Mustafa Kemal Üniversitesien_US
dc.description.abstractThe Sub-Saharan African region experienced a fluctuated development process, and it is one of the regions facing severe underdevelopment in the modern era. Many studies have been conducted to unveil the factors, which cause the underdevelopment, and there is an ongoing discussion on this topic. The main objective of this study to inquire about how institutional and economic factors affect economic development in Sub-Saharan African countries from 1990 to 2016 by utilizing second-generation panel data methods. Empirical findings are as follows: (i) Democracy, peace, market size, and population growth have a positive and statistically significant effect on economic development, whereas foreign direct investment has a negative one. (ii) Total debt service, investments, and corruption have a negative but statistically insignificant effect on economic development. (iii) Moreover, the effect of urban population on economic development varies based on the estimation methodology. The implications and policy inferences of the empirical findings are discussed in the related sections of the study.en_US
dc.description.sponsorshipHatay Mustafa Kemal University [19.D.012]en_US
dc.description.sponsorshipHatay Mustafa Kemal University Coordinatorship of Scientific Research Projects with the project number of 19.D.012.en_US
dc.identifier.doi10.1057/s41287-021-00445-6
dc.identifier.endpage1892en_US
dc.identifier.issn0957-8811
dc.identifier.issn1743-9728
dc.identifier.issue4en_US
dc.identifier.scopus2-s2.0-85112716056en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.startpage1857en_US
dc.identifier.urihttps://doi.org/10.1057/s41287-021-00445-6
dc.identifier.urihttps://hdl.handle.net/20.500.12483/9659
dc.identifier.volume34en_US
dc.identifier.wosWOS:000685383100002en_US
dc.identifier.wosqualityQ3en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherPalgrave Macmillan Ltden_US
dc.relation.ispartofEuropean Journal of Development Researchen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectEconomic developmenten_US
dc.subjectSub-Saharan African countriesen_US
dc.subjectInstitutionsen_US
dc.subjectPanel data analysisen_US
dc.titleOn the Nexus Between Institutions and Economic Development: An Empirical Analysis for Sub-Saharan African Countriesen_US
dc.typeArticleen_US

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