Institutional Quality, Economic Growth, and Middle-Income Trap: Evidence From Cross-Country Data

被引：0

作者：

Liang, Chen ^{[1
]}

Li, Chen ^{[2
]}

机构：

[1] Anhui Med Univ, Hefei, Peoples R China

[2] Shantou Customs Technol Ctr, Shantou, Guangdong, Peoples R China

来源：

SAGE OPEN | 2025年 / 15卷 / 03期

关键词：

institutional quality; middle-income trap; economic growth;

D O I：

10.1177/21582440251343938

中图分类号：

C [社会科学总论];

学科分类号：

03 ; 0303 ;

摘要：

This study aims to investigate the institutional factors that contribute to helping countries successfully escape the middle-income trap, focusing on the aspect of institutional quality. The results indicate that the quality of institutions has a substantial and favorable effect on enhancing economies' capacity to overcome the middle-income trap. In addition, the examination of institutional quality reveals that factors such as anti-corruption, government efficiency, social stability, rule of law, democracy, and market regulation all contribute positively to an economy's capacity to overcome the middle-income trap. Therefore, to enhance the likelihood of late-developing economies overcoming the middle-income trap, governments should strengthen their reform endeavors and enhance the caliber of regional institutions.

引用

页数：11

共 27 条

[1] Democracy Does Cause Growth [J].