Effects of Political Institutions on Economic Growth in CEMAC Member Countries

نویسندگان

چکیده

The objective of this article is to analyze the effects that political institutions can have on economic growth in Central African Economic and Monetary Community (CEMAC) zone after asking question what are CEMAC zone? In work, we support hypothesis quality not neutral performance recorded by countries terms growth. This analysis based World Bank Development Indicators (WDI) data covering period from 2002 2019 concerns all member zone, except Gabon. choice research was dictated availability. To do this, an empirical highlights link PSTR model which two stages adopted. verification existence or a nonlinear relationship detection number regimes model. It remains results obtained variables relating marginal effect countries, because coefficients associated with these significant at 10% threshold. These suggest institutional factors (rule law, stability absence violence control corruption) appear as be explained fact governance despite reforms still weak confirm those Sievers (2001) who gave rather mixed assessment countries.

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ژورنال

عنوان ژورنال: Journal of Business Administration Research

سال: 2022

ISSN: ['1927-9515', '1927-9507']

DOI: https://doi.org/10.5430/jbar.v11n2p1