Privatization, Regulation, and Economic Growth in Developing Countries: An Empirical Analysis

International Journal of Interdisciplinary Social Sciences, 2010, Vol 5, Issue 3

26 Pages Posted: 22 Oct 2010 Last revised: 4 Oct 2013

See all articles by Saeed Moshiri

Saeed Moshiri

Saint Thomas More College University of Saskatcehwan

Abdella Abdou

Brandon University

Date Written: October 20, 2010

Abstract

We examine the impact of ownership structure, as measured by privatization, and regulation on economic growth in developing and transition economies. Using several econometric specifications, including fixed effects, and taking into account regional differences and time periods, we estimate a cross-country panel growth model using the extended and new data sets on privatization and regulation for 1988-2007. Our results indicate that while the impact of privatization on growth is largely neutral, regulation tends to have a positive and significant impact on growth performance.

Keywords: Privatization, Ownership Structure, Regulation, Growth, Developing Countries

Suggested Citation

Moshiri, Saeed and Abdou, Abdella, Privatization, Regulation, and Economic Growth in Developing Countries: An Empirical Analysis (October 20, 2010). International Journal of Interdisciplinary Social Sciences, 2010, Vol 5, Issue 3. Available at SSRN: https://ssrn.com/abstract=1695274

Saeed Moshiri (Contact Author)

Saint Thomas More College University of Saskatcehwan ( email )

1437 College Dr
Saskatoon, Saskatchewan S7N 0W6
Canada

Abdella Abdou

Brandon University ( email )

Brandon, Manitoba
Canada

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