Do institutions and ideology matter for economic growth in latin america in the first two decades of the 21st century?: Multi-country evidence from sub-saharan africa

Pamela L. Navarrete Gallo; Jo Ritzen

Do institutions and ideology matter for economic growth in latin america in the first two decades of the 21st century? Multi-country evidence from sub-saharan africa

Pamela L. Navarrete Gallo
, Jo Ritzen

Research output: Working paper / Preprint › Working paper

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Abstract

Institutions have a positive, strong and significant impact on GDP growth; in 20 Latin American countries between 2002 and 2018. Government size has a negative impact on GDP growth itself but, in interaction with strong institutions, the effect of government size on growth turns to positive and significant, while political ideology has no significant effect on economic growth.

Original language	English
Place of Publication	Maastricht
Publisher	UNU-MERIT
Publication status	Published - 9 Mar 2021

Publication series

Series	UNU-MERIT Working Papers
Number	012
ISSN	1871-9872

JEL classifications

f43 - Economic Growth of Open Economies
n26 - "Economic History: Financial Markets and Institutions: Latin America; Caribbean"
o11 - Macroeconomic Analyses of Economic Development

Keywords

Economic growth
Institutions
Government Size
Political ideology
Latin America

Access to Document

fulltextFinal published version, 668 KBLicence: CC BY-NC-SA

https://unu-merit.nl/publications/wppdf/2021/wp2021-012.pdfLicence: CC BY-NC-SA

Cite this

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