Effects of rent-seeking on economic growth in low-income economies

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Sluggish growth in low-income countries, despite the high performance in other economic indicators, motivates the literature to switch attention to institutions. Despite its crucial economic implications, there is limited attention on rent-seeking as a driver of economic growth in low-income countries. This paper investigates the effect of rent-seeking on growth in low-income countries from 2004 to 2017 using the system generalized method of moments estimator. The empirical results reveal that rent-seeking negatively affects growth, implying that it obstructs the pace of economic development in low-income countries. Hence, it is necessary for policymakers in these countries to adopt anti-rent-seeking policies to promote a rapid and sustainable growth..

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Ketersediaan

Call Number	Location	Available
	PSB lt.2 - Karya Akhir	1

Informasi Detail

Judul Seri

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No. Panggil

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Penerbit

: Bulletin of Monetary Economics and Banking., 2021

Deskripsi Fisik

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Bahasa

ISBN/ISSN

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Klasifikasi

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Tipe Isi

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Tipe Media

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Tipe Pembawa

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Edisi

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Subjek

Economic growth
seeking
Rent
Low
income countries
System generalized
Moments estimator

Info Detail Spesifik

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Pernyataan Tanggungjawab

ka

Versi lain/terkait

Lampiran Berkas

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