Journal of
Economics and International Finance

  • Abbreviation: J. Econ. Int. Finance
  • Language: English
  • ISSN: 2006-9812
  • DOI: 10.5897/JEIF
  • Start Year: 2009
  • Published Articles: 356

Full Length Research Paper

Institutional factors of inclusive growth: Evidence from Côte d’ivoire

Wilfried Catin Botchuin
  • Wilfried Catin Botchuin
  • Politiques Economiques et Modélisation, Université Alassane Ouattara de Bouaké, P. O. Box, 866 Divo, Côte d’Ivoire.
  • Google Scholar

  •  Received: 15 September 2020
  •  Accepted: 20 November 2020
  •  Published: 31 January 2021


Economic growth is important but not sufficient to generate a sustainable increase in individual welfare. Inclusiveness attributes to growth, the dual virtue of widening the space of economic and social opportunities; while ensuring a better application of distributive equity. In this perspective, Ali and Son suggest that growth is inclusive when combined with high income and equity. This study tries to verify this assertion in Côte d’Ivoire. This study focuses on ARDL Bounds approach for testing cointegration to measure the contribution of institutional factors to inclusive growth in Côte d’Ivoire over the period of 1984 to 2018. The International Country Risk Guide (ICRG) Index is used as institutional factors. The findings of empirical analysis suggest that only government stability as institutional factors have greatly and statically significant effect on inclusive growth in the short and long run.
Key words: Ardl Bounds Test, Côte d’ivoire, inclusive growth, institutional factors.