The Effect of Institutional Quality on the Export of Developing Countries
Journal Title: Journal of Empirical Economics - Year 2013, Vol 1, Issue 3
Abstract
In this paper, we studied the effect of institutional quality on the export of developing countries by using a panel data model for 34 countries over the period 1984 to 2009. The results showed that monetary policies (such as devaluation), economy openness and even high level of labor productivity cannot create improvement in export growth of these countries. Indeed, institutional quality indicators (such as macroeconomic stability, transparency, guaranteed contracts and property rights) are the most important determinants of export in these countries.
Authors and Affiliations
Mohsen Mehrara, Alireza Keikha
Keywords
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