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Property rights and economic growth: A dynamic GMM analysis
Resource type
Authors/contributors
- Ang, J. (Author)
- Patalinghug, Jason (Author)
Title
Property rights and economic growth: A dynamic GMM analysis
Abstract
This paper examines the role of property rights and other factors to the growth of real gross domestic product (GDP) per capita. We show using a two-step system generalized method of moments (GMM) dynamic model and a panel data set of around 150 countries from 2006 to 2018 that property rights have a positive and significant effect on the growth of real GDP per capita. The paper also found that human capital, physical capital and inflation have significant effects on real GDP per capita growth. © 2021. All Rights Reserved.
Publication
Economics Bulletin
Date
2021
Volume
41
Issue
3
Pages
1387–1398
Citation Key
pop00094
ISSN
1545-2921
Language
english
Extra
Type: Article
tex.citation: https://api.elsevier.com/content/abstract/scopusid/85118770545
Citation
Ang, J., & Patalinghug, J. (2021). Property rights and economic growth: A dynamic GMM analysis. Economics Bulletin, 41(3), 1387–1398. https://www.scopus.com/inward/record.uri?eid=2-s2.0-85118770545&partnerID=40&md5=c2b69a1dca89a779a7c73cbcffb80040
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