Institutions and Economic Growth: The Doing Business Indicator and MENA region Economic Growth

Authors

  • Issam KOUCHAD Faculty of Economics and Management, Hassan First University, Settat, Morocco
  • Brahim DINAR Faculty of Economics and Management, Hassan First University, Settat, Morocco

Keywords:

Economic growth, institutions, Doing Business, panel, MENA region

Abstract

MENA countries still suffer from dismal economic growth. Labor and capital are the main sources of this growth. Furthermore, the institutional environment and in particular business regulation can be its major determinant according to the literature.

The region's performance in the facilitation of doing business ranking suggests that it still has work to do to improve its business climate. The estimation of a random effects model on a balanced panel of 13 MENA countries suggests the positive effect that proper business regulation has MENA economic growth. This positive effect seems to be more significant when the general institutional environment is favorable.

JEL Classification: O43, O47.

Paper type: Empirical research.

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Published

2020-11-20

How to Cite

KOUCHAD, I., & DINAR, B. (2020). Institutions and Economic Growth: The Doing Business Indicator and MENA region Economic Growth. International Journal of Accounting, Finance, Auditing, Management and Economics, 1(3), 298–318. Retrieved from https://ijafame.org/index.php/ijafame/article/view/45

Issue

Vol. 1 No. 3 (2020)

Section

Articles

License

Copyright (c) 2020 Issam KOUCHAD & Brahim DINAR

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