Geography Versus Institutions: New Perspectives on the Growth of Africa and the Middle East

Journal of Institutional and Theoretical Economics, Forthcoming

Posted: 28 Jun 2013

See all articles by Olivier Parent

Olivier Parent

University of Cincinnati - Department of Economics

Adballah Zouache

Independent

Date Written: June 26, 2013

Abstract

This article examines the growth performance of Africa and the Middle East for the period 1990-2005. It employs a Bayesian Model Averaging method that constructs estimates as a weighted average of Spatial Autoregressive estimates for every possible combination of included variables. One of the results of the paper is that the inclusion of spatial dependencies has a direct impact on the determinants of growth in Africa and the Middle East. A main contribution of this article is to consider geographical effects in a more flexible way, which allows an enriched comprehension of the role of institutional factors in explaining low economic development.

JEL Classification: 011, 015, C11

Suggested Citation

Parent, Olivier and Zouache, Adballah, Geography Versus Institutions: New Perspectives on the Growth of Africa and the Middle East (June 26, 2013). Journal of Institutional and Theoretical Economics, Forthcoming, Available at SSRN: https://ssrn.com/abstract=2285691

Olivier Parent (Contact Author)

University of Cincinnati - Department of Economics ( email )

Carl H. Lindner Hall 2925 Campus Green Drive
PO Box 0371
Cincinnati, OH 45221-0211
United States

Adballah Zouache

Independent ( email )

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Abstract Views
279
PlumX Metrics