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A Dynamic Panel Data Analysis on the Impact of Quality of Institutions on the Economic Growth: Evidence from Wu-Hausman Specification Test

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Artificial Intelligence and Smart Environment (ICAISE 2022)

Part of the book series: Lecture Notes in Networks and Systems ((LNNS,volume 635))

Abstract

In this paper research, we have tried to modulate and analyze the real impact of the quality of institutions on economic growth through a dynamic panel data analysis. Indeed, Stata Wu-Hausman’s test revealed that the fixed effect model is the most appropriate model for our case study. Hence, econometric findings showed that, for all other things being equal, there is a positive and significant nexus between the quality of institutions and economic growth (p < 5%).

The results obtained confirm that the quality of the institutional environment can have a stimulating effect on economic growth. In this context, policymakers should implement policies that strengthen these institutions in order to expect sustainable economic growth.

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Author information

Authors and Affiliations

  1. Department of Economics, Faculty of Economics and Management, Ibn Tofail University of Kenitra, Kenitra, Morocco

    El Houssaine Fathi

  2. National School of Commerce and Management, Ibn Tofail University of Kenitra, Kenitra, Morocco

    Ahlam Qafas

  3. Department of Economics, Faculty of Economics and Social Sciences Hassan II, University of Casablanca, Casablanc, Morocco

    Youness Jouilil

Authors
  1. El Houssaine Fathi
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  2. Ahlam Qafas
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  3. Youness Jouilil
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Corresponding author

Correspondence to El Houssaine Fathi .

Editor information

Editors and Affiliations

  1. Department of Computer Science, Moulay Ismail University, Faculty of Sciences and Techniques, Errachidia, Morocco

    Yousef Farhaoui

  2. ISEG, Universidade de Lisboa, Lisbon, Cávado, Portugal

    Alvaro Rocha

  3. University of Sfax, Sfax, Tunisia

    Zouhaier Brahmia

  4. School of Engineering and Technology (SET), Sharda University, Greater Noida, Uttar Pradesh, India

    Bharat Bhushab

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Fathi, E.H., Qafas, A., Jouilil, Y. (2023). A Dynamic Panel Data Analysis on the Impact of Quality of Institutions on the Economic Growth: Evidence from Wu-Hausman Specification Test. In: Farhaoui, Y., Rocha, A., Brahmia, Z., Bhushab, B. (eds) Artificial Intelligence and Smart Environment. ICAISE 2022. Lecture Notes in Networks and Systems, vol 635. Springer, Cham. https://doi.org/10.1007/978-3-031-26254-8_6

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