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Convergence of the institutional quality of the social sector: the path to inclusive growth

Author

Listed:
  • Serhiy Lyeonov
  • Tetyana Vasilyeva
  • Yuriy Bilan
  • Kseniya Bagmet

Abstract

The paper uses concepts of the conditional and unconditional β-convergence in order to answer the question of whether there is a convergence in the institutional quality of the social sector between countries. Two groups of indicators for institutional quality of the social sector are used: the first indicator is the institutional quality index of social sector (QISS) as measure of quality of formal institutions; the second group includes indices of social development (ISD), which are used as quality indicators for development of informal social institutions. The regression results that both conditional and unconditional convergence of the institutional quality of the social sector, according to the indicator QISS has not been approved yet. It was found that there was an unconditional convergence by the social institutes Intergroup Cohesion, divergence by the institutions gender equality. Informal social institutions revealed are significantly influenced by voice and accountability, rule of law, control of corruption.

Suggested Citation

  • Serhiy Lyeonov & Tetyana Vasilyeva & Yuriy Bilan & Kseniya Bagmet, 2021. "Convergence of the institutional quality of the social sector: the path to inclusive growth," International Journal of Trade and Global Markets, Inderscience Enterprises Ltd, vol. 14(3), pages 272-291.
    • Handle: RePEc:ids:ijtrgm:v:14:y:2021:i:3:p:272-291
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    Citations

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    Cited by:

    1. Yuyang, Liu, 2024. "Natural resource efficiency and the road to a green economy: From scarcity to availability," Resources Policy, Elsevier, vol. 89(C).
    2. Lyulyov, Oleksii & Pimonenko, Tetyana & Saura, Jose Ramon & Barbosa, Belem, 2024. "How do e-governance and e-business drive sustainable development goals?," Technological Forecasting and Social Change, Elsevier, vol. 199(C).
    3. Huishui Su & Yu Lu & Oleksii Lyulyov & Tetyana Pimonenko, 2023. "Good Governance within Public Participation and National Audit for Reducing Corruption," Sustainability, MDPI, vol. 15(9), pages 1-17, April.
    4. Aleksy Kwilinski & Oleksii Lyulyov & Tetyana Pimonenko, 2023. "Inclusive Economic Growth: Relationship between Energy and Governance Efficiency," Energies, MDPI, vol. 16(6), pages 1-16, March.
    5. Henryk Dzwigol & Aleksy Kwilinski & Oleksii Lyulyov & Tetyana Pimonenko, 2023. "The Role of Environmental Regulations, Renewable Energy, and Energy Efficiency in Finding the Path to Green Economic Growth," Energies, MDPI, vol. 16(7), pages 1-18, March.
    6. Henryk Dzwigol & Aleksy Kwilinski & Oleksii Lyulyov & Tetyana Pimonenko, 2023. "Renewable Energy, Knowledge Spillover and Innovation: Capacity of Environmental Regulation," Energies, MDPI, vol. 16(3), pages 1-15, January.
    7. Minza Mudassar & Prof. Dr. Asif Shamim & Muzamir M. Mafabi & Nasir Aziz kamboh, 2024. "Analyzing the Relationship between Macroeconomic Factors and Interpersonal Trust: A Multivariate Examination of Global Data," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(2), pages 475-480.
    8. Artem Artyukhov & Iurii Volk & Agnieszka Surowiec & Sylwia Skrzypek-Ahmed & Kseniia Bliumska-Danko & Oleksandr Dluhopolskyi & Volodymyr Shablystyi, 2022. "Quality of Education and Science in the Context of Sustainable Development Goals—From Millennium Goals to Agenda 2030: Factors of Innovation Activity and Socio-Economic Impact," Sustainability, MDPI, vol. 14(18), pages 1-11, September.
    9. Artem Artyukhov & Iurii Volk & Oleksandr Dluhopolskyi & Elena Mieszajkina & Agata Myśliwiecka, 2023. "Immersive University Model: A Tool to Increase Higher Education Competitiveness," Sustainability, MDPI, vol. 15(10), pages 1-16, May.

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