Structural Change Effect of Institutions Quality
Empirical Evidence From Developing Countries
Bibliographic Data
| ID | 2797016 |
|---|---|
| Authors | Issa Dianda (0000-0002-2380-6352, Department of Economics Nazi Boni University Bobo Dioulasso Burkina Faso, corresponding author), Patrice Rélouendé Zidouemba (0000-0002-7389-5605, Department of Economics Nazi Boni University Bobo Dioulasso Burkina Faso), Fié Faiçal Traoré (Department of Economics CEDRES, Thomas Sankara University Ouagadougou Burkina Faso) |
| Year | 2025 |
| Volume | 84 |
| Issue | 5 |
| Pages | 639-651 |
| Publication date | 2025-03-06 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | American Journal of Economics and Sociology (JOURNAL) |
| Journal identifiers | ISSN: 0002-9246 • E-ISSN: 1536-7150 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/ajes.12623 |
| OpenAlex | W4408275647 |
| Language | EN |
| Citations received | 2 |
| References cited | 44 |
We investigate the heterogeneous effects of institutional quality on structural change across 88 developing countries from 2000 to 2018. For our empirical analysis, we employ ordinary least squares, two-stage least squares, quantile regressions, and the generalized method of moments. Our findings reveal that higher institutional quality promotes structural change, with a particularly pronounced effect in countries at the lower end of the structural transformation spectrum. While all dimensions of institutions quality contribute to structural change, their impacts vary: economic institutions (government effectiveness and regulatory quality) exert the most substantial influence, followed by institutional governance-related dimensions (control of corruption, rule of law) and, to a lesser extent, political institutions (political stability, voice, and accountability). Furthermore, institutional quality has a stronger positive effect on structural change in low-income countries compared to middle-income countries. These findings suggest that policymakers should prioritize enhancing institutional quality to drive structural transformation
Business · Developing country · Economic growth · Economics · Empirical evidence · Epistemology · Quality (philosophy) · Corruption and Economic Development · Economic Growth and Development · Fiscal Policy and Economic Growth
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| Citations per year | 2 |
|---|---|
| Citation span | 2025 - 2026 (2) |
| Highly cited | No |