Institutions and the Economic Performance of Central African Countries - Theoretical Economics Letters

TEL > Vol.9 No.1, February 2019

Theoretical Economics Letters

Volume 9, Issue 1 (February 2019)

ISSN Print: 2162-2078 ISSN Online: 2162-2086

Google-based Impact Factor: 1.19 Citations h5-index & Ranking

Institutions and the Economic Performance of Central African Countries ()

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DOI: 10.4236/tel.2019.91004 1,028 Downloads 2,169 Views Citations

Author(s)

Chérif Sidy Kane¹, Elomo Zogo Thérèse², Idrissa Yaya Diandy¹

Affiliation(s)

¹Cheikh Anta DIOP, University of Dakar, Dakar, Senegal.
²University of Yaounde II, Yaounde, Cameroon.

ABSTRACT

The purpose of this paper is to examine the combined effect of political and economic institutions on the economic performance of the countries of Central Africa. To do this, we use dynamic panel data over the period 1996-2013. Using Principal Component Analysis (PCA) to understand the multidimensionality of institutions through a composite indicator, and applying the estimation technique based on the Generalized Moment Method (GAM) to capture the impact of institutions on economic performance, we arrive at the following result: analyzed individually or in combination, institutions constitute a real obstacle to economic performance in Central Africa.

KEYWORDS

Political and Economic Institutions, Economic Performance, PCA, GMM, Central Africa

Share and Cite:

Kane, C. , Thérèse, E. and Diandy, I. (2019) Institutions and the Economic Performance of Central African Countries. Theoretical Economics Letters, 9, 33-48. doi: 10.4236/tel.2019.91004.

Cited by

[1]	Tax Structure and Economic Growth: Middle-Income Asian Countries Analysis.
	2020

[2]	Tax Structure and Economic Growth: Middle-Income Asian Countries Analysis
	Forman Journal of Economic Studies, 2020

[3]	A Comparative Analysis of Causality Between Institutional Structure and Economic Performance for Developed and Developing Countries
	2019

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