The interplay among economic development, institutional quality and globalization: Evidence from emerging, developing, and least-developed countries

The interplay among economic development, institutional quality and globalization: Evidence from emerging, developing, and least-developed countries | Research Square window.SnipcartSettings = { analytics: { enabled: false } }; (function() { var accessVector = localStorage.getItem('access_vector') || ''; window.dataLayer = window.dataLayer || []; if (accessVector) { window.dataLayer.push({ user: { profile: { profileInfo: { snid: accessVector } } } }); } })(); (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start':new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0],j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src='https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f);})(window,document,'script','dataLayer','GTM-K279D39R'); Browse Preprints In Review Journals COVID-19 Preprints AJE Video Bytes Research Tools Research Promotion AJE Professional Editing AJE Rubriq About Preprint Platform In Review Editorial Policies Our Team Advisory Board Help Center Sign In Submit a Preprint Cite Share Download PDF Research Article The interplay among economic development, institutional quality and globalization: Evidence from emerging, developing, and least-developed countries Ibrahim Elatroush This is a preprint; it has not been peer reviewed by a journal. https://doi.org/ 10.21203/rs.3.rs-3928136/v1 This work is licensed under a CC BY 4.0 License Status: Posted Version 1 posted You are reading this latest preprint version Abstract To achieve sustainable development goals (SDGs), there is an urgent need to enhance institutional quality (IQ) dimensions. Emerging, developing and least-developed countries are needed to improve their IQ scores to enhance low levels of economic development represented by human development index (HDI). In this regard, this paper aims to explore the role of IQ and globalization in economic development. The study involved a sample of 106 cross-countries classified into emerging, developing, and least-developed countries from 2000 to 2021. Econometric techniques include first and second-generation unit root tests, Dumitrescu Hurlin panel causality tests, a panel pooled mean group (PMG/ARDL), fully modified ordinary least squares (FMOLS), and dynamic ordinary least squares (DOLS) are employed. Empirical results reveal that IQ, globalization, inflowed foreign direct investment (FDI), and urbanization(UR) have positive impacts on the HDI for grouping countries. In contrast, corruption, governmental expenditure (GE), unemployment (UNE), trade openness (TO), and inflation have negative influences on the HDI. To meet the SDGs for emerging, developing, and least-developed countries, authorities, and policy makers must focus on policies and strategies aimed at eliminating corruption, enhancing transparency, ensuring proper and efficient GE, enhancing IQ dimensions, eliminating higher inflation rates, enhancing the globalization index (GI), and eliminating unemployment rates. JEL Classification : C23; F63; H50; O10; O50 Development Economics Economic development Institutional quality Globalization Corruption Unemployment Full Text Additional Declarations The authors declare no competing interests. Cite Share Download PDF Status: Posted Version 1 posted You are reading this latest preprint version Research Square lets you share your work early, gain feedback from the community, and start making changes to your manuscript prior to peer review in a journal. As a division of Research Square Company, we’re committed to making research communication faster, fairer, and more useful. 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Also discoverable on Platform About Our Team In Review Editorial Policies Advisory Board Help Center Resources Author Services Accessibility API Access RSS feed Manage Cookie Preferences © Research Square 2026 | ISSN 2693-5015 (online) Privacy Policy Terms of Service Do Not Sell My Personal Information {"props":{"pageProps":{"initialData":{"identity":"rs-3928136","acceptedTermsAndConditions":true,"allowDirectSubmit":true,"archivedVersions":[],"articleType":"Research Article","associatedPublications":[],"authors":[{"id":270964562,"identity":"6620bfb9-a702-4d23-808b-f38893b97e87","order_by":0,"name":"Ibrahim Elatroush","email":"data:image/png;base64,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","orcid":"https://orcid.org/0000-0003-4276-0713","institution":"Tanta University","correspondingAuthor":true,"prefix":"","firstName":"Ibrahim","middleName":"","lastName":"Elatroush","suffix":""}],"badges":[],"createdAt":"2024-02-04 16:08:11","currentVersionCode":1,"declarations":{"humanSubjects":false,"vertebrateSubjects":false,"conflictsOfInterestStatement":false,"humanSubjectEthicalGuidelines":false,"humanSubjectConsent":false,"humanSubjectClinicalTrial":false,"humanSubjectCaseReport":false,"vertebrateSubjectEthicalGuidelines":false},"doi":"10.21203/rs.3.rs-3928136/v1","doiUrl":"https://doi.org/10.21203/rs.3.rs-3928136/v1","draftVersion":[],"editorialEvents":[],"editorialNote":"","failedWorkflow":false,"files":[{"id":50707033,"identity":"8eee97de-dc11-45ed-8d3c-b988a866e382","added_by":"auto","created_at":"2024-02-06 06:25:45","extension":"pdf","order_by":1,"title":"","display":"","copyAsset":false,"role":"manuscript-pdf","size":1669226,"visible":true,"origin":"","legend":"","description":"","filename":"Manuscript.pdf","url":"https://assets-eu.researchsquare.com/files/rs-3928136/v1_covered_3aa4a573-b78a-4e48-8247-2b7eeefd69af.pdf"}],"financialInterests":"The authors declare no competing interests.","formattedTitle":"\u003cp\u003e\u003cstrong\u003eThe interplay among economic development, institutional quality and globalization: Evidence from emerging, developing, and least-developed countries\u003c/strong\u003e\u003c/p\u003e","fulltext":[],"fulltextSource":"","fullText":"","funders":[],"hasAdminPriorityOnWorkflow":false,"hasManuscriptDocX":false,"hasOptedInToPreprint":true,"hasPassedJournalQc":"","hasAnyPriority":true,"hideJournal":true,"highlight":"","institution":"Tanta University","isAcceptedByJournal":false,"isAuthorSuppliedPdf":true,"isDeskRejected":"","isHiddenFromSearch":false,"isInQc":false,"isInWorkflow":false,"isPdf":true,"isPdfUpToDate":true,"isWithdrawnOrRetracted":false,"journal":{"display":true,"email":"[email protected]","identity":"researchsquare","isNatureJournal":false,"hasQc":true,"allowDirectSubmit":true,"externalIdentity":"","sideBox":"","snPcode":"","submissionUrl":"/submission","title":"Research Square","twitterHandle":"researchsquare","acdcEnabled":true,"dfaEnabled":false,"editorialSystem":"","reportingPortfolio":"","inReviewEnabled":false,"inReviewRevisionsEnabled":true},"keywords":"Economic development, Institutional quality, Globalization, Corruption, Unemployment","lastPublishedDoi":"10.21203/rs.3.rs-3928136/v1","lastPublishedDoiUrl":"https://doi.org/10.21203/rs.3.rs-3928136/v1","license":{"name":"CC BY 4.0","url":"https://creativecommons.org/licenses/by/4.0/"},"manuscriptAbstract":"\u003cp\u003eTo achieve sustainable development goals (SDGs), there is an urgent need to enhance institutional quality (IQ) dimensions. 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