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Research Article

Institutional quality, insurance markets, and economic growth: evidence from pooled mean group estimation

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References

  • Arena, M. 2008. “Does Insurance Market Activity Promote Economic Growth? A Cross-country Study for Industrialized and Developing Countries.” Journal of Risk and Insurance 75 (4): 921–946. doi:10.1111/j.1539-6975.2008.00291.x.
  • Flachaire, E., C. GarciaPenalosa, and M. Kante. 2014. “Political versus Economic Institutions in the Growth Process.” Journal of Comparative Economics 42 (2): 212–229. doi:10.1016/j.jce.2013.05.001.
  • Law, S. H., A. M. Kurtan, and N. A. M. Naseem. 2018. “Role of Institutions in Finance Curse: Evidence from International Data.” Journal of Comparative Economics 46: 174–191. doi:10.1016/j.jce.2017.04.001.
  • MacDonald, R., F. Viera, and A. Damasceno. 2018. “The Role of Institutions in Cross-section and Panel Data Growth Models: A Deeper Investigation on the Weakness and Proliferation of Instruments.” Journal of Comparative Economics 40 (1): 127–140.
  • Pradhan, R. P., M. B. Arvin, J. H. Hall, S. Bahmani, and S. E. Bennett. 2017. “Insurance ̶ Growth Nexus and Two Other Macroeconomic Determinants: Evidence from Cross Country Panel Data.” Empirical Economics 52 (4): 1337–1366. doi:10.1007/s00181-016-1111-7.

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