Income differences, trade and Institutions: empirical evidence form low and middle-income countries
Journal Title: Business and Economic Horizons - Year 2018, Vol 14, Issue 2
Abstract
Many developing countries attained high growth rates in different periods but income differences did not reduce significantly in these periods due to increase in income inequalities. Therefore, the key objective of this study was to analyze the relationship between income differences, trade and institutions in developing countries. This study has used panel data of the year 2000 to 2014 to explore the relationship between these variables. This study is based on sampling of two groups; 25 middle income countries and 24 low income countries. Pooled OLS, panel fixed effect and Driscoll and Kraay techniques were used in this study. The results showed the negative relations of imports, a significant role of political institutions and insignificant role of economic institutions in income distribution with GDP per capita among low income and middle-income countries. Moreover, the current study suggested that governments in developing countries should focus upon improving the performance of political and economic institutions in order to improve their prospects of getting investment opportunities.
Authors and Affiliations
Agus Eko Sujianto, Tulus Suryanto
Keywords
Related Articles
- EP ID EP442276
- DOI 10.15208/beh.2018.17
- Views 111
- Downloads 0
Regional disparities in the spillover effect
The aim is to identify differences in spillovers between regions within the economy of the Czech Republic. Based on the choice of spillover effect determinants and a shift-share analysis, a regional spillovers indicator...
Differences on self-perception of organizational pride and loyalty in Millennial & Generation X, considering gender and seniority variables
The research objective is to compare the differences in self-perception of organizational pride and loyalty between millennials and generation x, considering the variables of gender and seniority. The reason for this stu...
A discussion of joint bank and industry concentration
This article examines bank and industry concentration jointly within the static framework of Cournot competition. The general equilibrium is one in which banks form a multiplant monopoly and firm profit is zero. This is...
Do employee attitudes mediate the relationship between strategic human resource management practices and organizational effectiveness? A SEM based investigation using SMART-PLS software
This research set out to test the mediating of employee attitudes on the relationship between SHRM (Society for Human Resource Management) practices and organizational effectiveness in Palestinian banking sector. Using s...
Love of money, gender, religiosity: The impact on ethical perceptions of future professional accountants
Accountants are either directly or indirectly partly responsible for corporate frauds, so it is important to know the underlying reasons why such unethical behavior occurred. This study aims to analyze the moderation imp...