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Exploring the role of export product quality and economic complexity for economic progress of developed economies: Does institutional quality matter?

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dc.creator Shahzad, Umer
dc.creator Dogan, Buhari
dc.creator Ghosh, Sudeshna
dc.creator Dagar, Vishal
dc.creator Madaleno, Mara
dc.date 2022-09-01T00:00:00Z
dc.date.accessioned 2023-01-09T12:08:03Z
dc.date.available 2023-01-09T12:08:03Z
dc.identifier cac79322-59fa-4f8f-8a1a-777d00ff5e38
dc.identifier 10.1016/j.strueco.2022.04.003
dc.identifier https://avesis.sdu.edu.tr/publication/details/cac79322-59fa-4f8f-8a1a-777d00ff5e38/oai
dc.identifier.uri http://acikerisim.sdu.edu.tr/xmlui/handle/123456789/98367
dc.description It is important to unearth the role of structural change factors for sustainable growth in developed economies. Economic complexity, export product quality, and institutional indicators represent the overall structural change and transformation in an economy. This paper probed the influence of export product quality and economics of complexity on economic growth for 28 OECD (Organization for Economic Cooperation and Development) countries using the data from 1990 to 2019. In doing so, the study employs three-panel data econometric models to investigate the role of economic complexity, export quality, and institutional quality on economic development. The paper performs the empirical tests, including the cross-sectional related dependency methods and cointegration techniques. As per the results emerging from fully modified OL S (FMOL S) and dynamic OL S (DOL S) estimation, export quality and financial development positively and significantly strongly impact growth in the long run. The empirical conclusions report detailed discussion on sustainable growth and discuss novel implications concerning product quality and institutional performance. The conclusions stress the practical implications for sustainable economic growth of OECD economies.(c) 2022 Elsevier B.V. All rights reserved.
dc.language eng
dc.rights info:eu-repo/semantics/closedAccess
dc.title Exploring the role of export product quality and economic complexity for economic progress of developed economies: Does institutional quality matter?
dc.type info:eu-repo/semantics/article


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