IDEAS home Printed from https://ideas.repec.org/h/spr/prbchp/978-3-031-42511-0_13.html
   My bibliography  Save this book chapter

Do Institutions Accelerate Economic Growth? Case Study of the Balkan Countries

In: Economic Recovery, Consolidation, and Sustainable Growth

Author

Listed:
  • Kristina Maric Gjorgjieva

    (South-East European University)

  • Besnik Fetai

    (South-East European University)

Abstract

The aim of this paper is to identify the impact of institutions in achieving higher economic growth. Institutions defined as rules of a game within the society are considered as one of the driving forces toward achieving higher economic growth. In that respect, the main subject matter is whether higher developed institutions will lead to better economic perspective in the Balkan Countries. The methods employed in this paper are pooled OLS, Fixed and Random Effects Model as well as the Hausman-Taylor IVs model. Although measuring institutional effects is quite complex, the conclusion drawn from the findings is that de facto institutions do matter in achieving better economic performance.

Suggested Citation

  • Kristina Maric Gjorgjieva & Besnik Fetai, 2023. "Do Institutions Accelerate Economic Growth? Case Study of the Balkan Countries," Springer Proceedings in Business and Economics, in: Abdylmenaf Bexheti & Hyrije Abazi-Alili & Léo-Paul Dana & Veland Ramadani & Andrea Caputo (ed.), Economic Recovery, Consolidation, and Sustainable Growth, pages 209-220, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-42511-0_13
    DOI: 10.1007/978-3-031-42511-0_13
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:prbchp:978-3-031-42511-0_13. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.