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Dissertation/Thesis Abstract

Factors Affecting Economic Development
by Sides, Chéri, D.B.A., Jacksonville University, 2019, 96; 27733360
Abstract (Summary)

This dissertation is a quantitative analysis of a select group of economic, demographic and political factors and their impact on economic development. An econometric model consisting of the factors hypothesized to affect economic development across countries was constructed. This model theorizes that the variation in economic development across countries can be explained by a mix of economic, demographic, social, political, and institutional factors. A sample of 188 countries using 2015 data from a variety of sources was created for the analysis. Using this sample data, multiple regression was utilized to estimate the parameters of the model.

After estimating the regression equation, hypothesis tests for both the overall explanatory power of the model and the significance of the individual independent variables included in the model were conducted. After performing the appropriate statistical tests, a parsimonious version of the model consisting of only those variables shown to have a statistically significant relationship with economic development was constructed and discussed. This parsimonious model exhibits the same power as the initial or full model with fewer explanatory variables. The identification of these important factors enabled the design of policies and programs that could help promote economic development in lesser developed countries.

Indexing (document details)
Advisor: Thornton, Barry
Commitee: Pordeli, Hassan, Agrawal, Vikas
School: Jacksonville University
Department: Economics
School Location: United States -- Florida
Source: DAI-A 81/6(E), Dissertation Abstracts International
Subjects: Economics, International Relations, Business administration
Keywords: Political freedoms, Resource dependence, Developing economies
Publication Number: 27733360
ISBN: 9781392447956
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