@article{Asongu_588,
author = {Simplice A Asongu},
url = {http://onlinelibrary.wiley.com/doi/10.1111/polp.12148/abstract},
doi = {10.1111/polp.12148},
year = {2016},
date = {2016-02-01},
journal = {Politics & Policy},
volume = {44},
number = {1},
pages = {97–134},
abstract = {This study assesses growth determinants in the Brazil, Russia, India, China, and South Africa and Mexico, Indonesia, Nigeria, and Turkey nations the period 2001-11. Particular emphasis is laid on the bundling and unbundling of ten governance dynamics. Contemporary and noncontemporary fixed- and random-effects regressions are employed. The following are some findings. First, governance is more positively significant in noncontemporary specifications as opposed to contemporary regressions. Second, there is some interesting evidence on the heterogeneity of political governance as a driver. Political governance and its constituents (political stability and voice and accountability) are significantly positive in gross domestic product (GDP) growth but insignificant in real GDP output regressions. Third, the other governance dynamics are more significant determinants of real GDP output, as opposed to GDP growth. Accordingly, they are insignificant in contemporary regressions and negatively significant in noncontemporary regressions for GDP growth. Fourth, the constituents of economic governance have the highest magnitude in the positive effects of governance dynamics on real GDP output.},
keywords = {Growth Determinants;Fast-Developing Countries},
pubstate = {published},
tppubtype = {article}
}