Servicios Personalizados
Revista
Articulo
Indicadores
Citado por SciELO
Accesos
Links relacionados
Citado por Google
Similares en SciELO
Similares en Google
Compartir
Revista de Economía del Caribe
versión impresa ISSN 2011-2106versión On-line ISSN 2145-9363
Resumen
CRESPO RODRIGUES, Loredany Consule; PROVEZANO GOMES, Adriano; CAMARGOS TEIXEIRA, Evandro y ABREU SOARES, Laís de Sousa. Effects of institutional efficiency on economic growth of countries. rev. econ. Caribe [online]. 2023, n.32, pp.1-. Epub 05-Mar-2024. ISSN 2011-2106.
In this paper, we analyzed the effect of efficient institutions on the economic growth of countries in 2016. The institutional efficiency index of each country was calculated through data envelopment analysis. Subsequently, through the estimation of a Quantile Regression Model, we showed that efficient institutions impact positively and significantly the economic growth in countries with different levels of development. It was also found that education is the most relevant factor for growth. Given this, we highlight the importance of public policies aimed at improving educational quality and institutional efficiency to make countries more economically prosperous.
Palabras clave : Institutional efficiency; economic growth; data envelopment analysis; quantile regression.