8th International Economics and Finance Conference, İstanbul, Türkiye, 6 - 07 Aralık 2024, ss.17, (Özet Bildiri)
In the current period, the quality concept is seen as one of key components for development of economies and represented with various indicators by major institutions. As a result of this importance, this study is an attempts to investigate the effect of institutional quality indicators on economic growth in 46 Sub-Saharan countries from Africa. Datasets for institutional quality and economic growth are derived from worldwide governance indicators and income level as per capita ($) of the World Bank and chosen as 2013-2022 period. Results from static panel data and Driscoll-Kraay regression analysis denote that control of corruption, government effectiveness and regulatory quality are found as significant factors on economic growth. Those indicate that the role of political institutions are very crucial for economic growth in reference countries. Therefore, political issues should be traced and taken into consideration for sustainable growth and development in economic policies.