Property rights and economic growth: A dynamic GMM analysis

Joshua Ang; Jason C. Patalinghug

Property rights and economic growth: A dynamic GMM analysis

Joshua Ang
, Jason C. Patalinghug

Economics

Rogers State University
Southern Connecticut State University

Research output: Contribution to journal › Article › peer-review

1 Scopus citations

Abstract

This paper examines the role of property rights and other factors to the growth of real gross domestic product (GDP) per capita. We show using a two-step system generalized method of moments (GMM) dynamic model and a panel data set of around 150 countries from 2006 to 2018 that property rights have a positive and significant effect on the growth of real GDP per capita. The paper also found that human capital, physical capital and inflation have significant effects on real GDP per capita growth.

Original language	English
Pages (from-to)	1387-1398
Number of pages	12
Journal	Economics Bulletin
Volume	41
Issue number	3
State	Published - Jan 1 2021

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 8 Decent Work and Economic Growth

Cite this

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Property rights and economic growth: A dynamic GMM analysis

Abstract

UN SDGs

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