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International Journal of Econometrics and Financial Management
ISSN (Print): 2374-2011 ISSN (Online): 2374-2038 Website: http://www.sciepub.com/journal/ijefm Editor-in-chief: Tarek Sadraoui
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International Journal of Econometrics and Financial Management. 2016, 4(1), 1-10
DOI: 10.12691/ijefm-4-1-1
Open AccessArticle

A Dynamic Panel Data Analysis for Relationship between Structural Policy and Economic Growth

Wajdi Bardi1, , Tarek Sadraoui2 and Anouar Bardi1

1Higher Institute of Management of Gabes, Tunisia

2MODELIS Laboratory, University of Sfax, HIAS University of Gafsa

Pub. Date: January 22, 2016
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Cite this paper:
Wajdi Bardi, Tarek Sadraoui and Anouar Bardi. A Dynamic Panel Data Analysis for Relationship between Structural Policy and Economic Growth. International Journal of Econometrics and Financial Management. 2016; 4(1):1-10. doi: 10.12691/ijefm-4-1-1

Abstract

Governments around the world must formulate and implement policies for taxation and public spending. These policies can have major impacts on economic growth, income distribution, and poverty, and thus they tend to be at the center of economic and political debates. In this study, we estimate the dynamic relationship between structural policy and economic growth. We will try to bring some theoretical literature on the relations of structural policy emergence as a new approach of economic coordination. Our empirical study recently bases on various estimation methods developed within dynamic panel framework for a sample of 6 countries over 1975-2012. We used Generalized Moment Method, causality tests and unit root applied to panel data. Results suggest a positive and significant relation between structural policy and economic growth for all countries sample.

Keywords:
structural policy economic growth dynamic panel data technological externality cointegration unit root test

Creative CommonsThis work is licensed under a Creative Commons Attribution 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by/4.0/

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