Institutional Quality Mediates the Effect of Human Capital on Economic Performance

This paper considers the relationship between institutional quality, educational outcomes, and economic performance. More specifically, it seeks to establish the linkages by which government effectiveness affects per capita income, via its mediatin...

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Bibliographic Details
Main Authors:	Adams-Kane, Jonathon, Lim, Jamus Jerome
Format:	Policy Research Working Paper
Language:	English
Published:	World Bank, Washington, DC 2014
Subjects:	ACCOUNTABILITY ACCOUNTING AUTHORITY BENCHMARK BINDING CONSTRAINT BOND BUDGET MANAGEMENT BUREAUCRACY CAPITAL ACCUMULATION CAPITAL INVESTMENTS CAPITAL SHARE CAPITAL STOCK CAUSAL IMPACT CHECKS COMPARATIVE ECONOMICS COMPETITIVENESS COMPOSITE INDICATOR CONSUMPTION EXPENDITURE CORRUPTION COUNTRY CHARACTERISTICS COUNTRY DATA COUNTRY ESTIMATES COUNTRY FIXED EFFECTS CRITICAL IMPORTANCE DATA AVAILABILITY DATA COLLECTION DATA QUALITY DEBT DEMOCRACY DEMOCRATIC DEVELOPMENT DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING ECONOMIES DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DIMINISHING RETURNS DISCOUNT RATE ECONOMETRIC ANALYSIS ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC OUTCOMES ECONOMIC PERFORMANCE ECONOMICS ECONOMICS OF EDUCATION EDUCATIONAL ATTAINMENT EDUCATIONAL INSTITUTIONS EFFECT OF GOVERNANCE ENDOGENOUS VARIABLES EXOGENOUS RATES EXOGENOUS VARIABLES EXPENDITURE EXTERNALITIES FIGHTING CORRUPTION FINANCIAL MANAGEMENT FISCAL POLICY FIXED CAPITAL FUTURE RESEARCH GDP GDP PER CAPITA GOOD GOVERNANCE GOVERNANCE DATA GOVERNANCE DIMENSION GOVERNANCE FAILURES GOVERNANCE INDICATOR GOVERNANCE MEASURE GOVERNANCE MEASURES GOVERNANCE QUALITY GOVERNMENT CONSUMPTION GOVERNMENT EFFECTIVENESS GOVERNMENT EXPENDITURES GOVERNMENT SPENDING GROSS DEBT GROSS FIXED CAPITAL FORMATION GROWTH RATE GROWTH RATES HUMAN CAPITAL HUMAN CAPITAL INVESTMENTS HUMAN CAPITAL STOCK HUMAN DEVELOPMENT HUMAN DEVELOPMENT NETWORK INCOME GROUPS INCOME GROWTH INCOME LEVEL INCOME LEVELS INFLATION INFORMAL PAYMENTS INSTITUTIONAL CHANGE INSTITUTIONAL ENVIRONMENT INSTITUTIONAL ENVIRONMENTS INSTITUTIONAL FRAMEWORK INSTITUTIONAL MECHANISM INSTITUTIONAL QUALITY INSTITUTIONAL REFORM INSTITUTIONAL STRUCTURE INSTRUMENT INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INVENTORIES INVESTING INVESTMENT MANAGEMENT LABOR MARKET LABOR-FORCE LESS DEVELOPED COUNTRIES MACROECONOMIC DATA MACROECONOMIC LEVEL MACROECONOMIC MANAGEMENT MACROECONOMIC POLICY MARGINAL PRODUCTIVITY MEASUREMENT ERROR MISMANAGEMENT MONETARY ECONOMICS NATIONAL INCOME NATIONS NET EXPORTS NPL OUTPUT PER CAPITA INCOME PER CAPITA INCOMES POLICY IMPLICATIONS POLITICAL ECONOMY POLITICAL PARTICIPATION POLITICAL REGIME POLITICAL STABILITY POSITIVE EFFECTS PRIMARY SCHOOL PRIVATE ENTITIES PRODUCTION FUNCTION PRODUCTION FUNCTIONS PROPERTY RIGHTS PUBLIC EXPENDITURE PUBLIC FINANCE PUBLIC FINANCES PUBLIC INVESTMENT PUBLIC SECTOR PUBLIC SPENDING RATES OF RETURN REGIONAL DUMMIES REGULATORY QUALITY REVERSE CAUSALITY RULE OF LAW SERVICE DELIVERY SOCIAL CAPITAL SOCIAL SECURITY STATE INCOME STOCK DATA STRUCTURAL CHANGE TECHNOLOGICAL CHANGE TECHNOLOGY TRANSFER TRANSPARENCY WAGE RATES WEALTH WORLD DEVELOPMENT INDICATORS WORLDWIDE GOVERNANCE INDICATORS YOUTH
Online Access:	http://documents.worldbank.org/curated/en/2014/02/19154782/institutional-quality-mediates-effect-human-capital-economic-performance http://hdl.handle.net/10986/18361

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http://documents.worldbank.org/curated/en/2014/02/19154782/institutional-quality-mediates-effect-human-capital-economic-performance
http://hdl.handle.net/10986/18361

Institutional Quality Mediates the Effect of Human Capital on Economic Performance

Internet

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