THE EFFECTS OF RENT SEEKING ACTIVITIES ON ECONOMIC GROWTH IN MIDDLE-INCOME COUNTRIES

Wong, Zi Wen Vivien; Chen, Fanyu; Law, Siong Hook; Ismail, Normaz Wana

doi:10.21098/bemp.v25i2.1863

Open access Journal SINTA 1

THE EFFECTS OF RENT SEEKING ACTIVITIES ON ECONOMIC GROWTH IN MIDDLE-INCOME COUNTRIES

English

Buletin Ekonomi Moneter dan Perbankan · Vol. 25 No. 2 (2022) · pp. 215–236

DOI: 10.21098/bemp.v25i2.1863
ISSN: 2460-9196, 1410-8046
Published: 2022-08-31
Publisher: Bank Indonesia
Language: eng
License: creativecommons.org/licenses/by-nc/4.0

Abstract

This study investigates the effects of rent seeking activities on economic growth in 53 middle-income countries. Our data spans the period 2011 to 2020. We use the generalized method of moments estimator to examine the effects of rent-seeking activities on economic growth. Our study also includes several control variables, namely democratic accountability, public debt, human capital, foreign direct investment, capital stock, population, research and development expenditure and trade openness. The empirical results suggest that rent-seeking activities impede economic growth in middle-income countries.

Collaboration network of the authors

15 authors · 27 co-authorship links

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Universiti Putra Malaysia
International Islamic University Malaysia
Affiliation unknown

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Same organisation
Affiliation unknown
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Co-author	Organisation	Joint articles
Thian Hee Yiew	Affiliation unknown	2
Umair Waqas	Universiti Putra Malaysia	1
Azmawani Binti Abd. Rahman	Universiti Putra Malaysia	1
Norazlyn Kamal Basha	Universiti Putra Malaysia	1
Sonia Umair	Universiti Putra Malaysia	1
Nitty Hirawaty Kamarulzaman	Universiti Putra Malaysia	1
Hebat Hisham Mohd Yusoff	Affiliation unknown	1
Shaufique Fahmi Ahmad Sidique	Affiliation unknown	1
Mansor H. Ibrahim	International Islamic University Malaysia	1
Shiau Hui Kok	Affiliation unknown	1
Masagus M. Ridhwan	Affiliation unknown	1

Affiliations come from OpenAlex; journal OAI-PMH metadata carries none. Authors without an OpenAlex ID are matched by name, which can merge or split people.

Metadata source: OAI-PMH (metadata jurnal) https://www.bmeb-bi.org/index.php/BEMP/oai, first harvested 8 Nov 2026, last seen 8 Nov 2026.

Original metadata (oai_dc)

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	<dc:title xml:lang="en-US">THE EFFECTS OF RENT SEEKING ACTIVITIES ON ECONOMIC GROWTH IN MIDDLE-INCOME COUNTRIES</dc:title>
	<dc:title xml:lang="id-ID">English</dc:title>
	<dc:creator>Wong, Zi Wen Vivien</dc:creator>
	<dc:creator>Chen, Fanyu</dc:creator>
	<dc:creator>Law, Siong Hook</dc:creator>
	<dc:creator>Ismail, Normaz Wana</dc:creator>
	<dc:description xml:lang="en-US">This study investigates the effects of rent seeking activities on economic growth in 53 middle-income countries. Our data spans the period 2011 to 2020. We use the generalized method of moments estimator to examine the effects of rent-seeking activities on economic growth. Our study also includes several control variables, namely democratic accountability, public debt, human capital, foreign direct investment, capital stock, population, research and development expenditure and trade openness. The empirical results suggest that rent-seeking activities impede economic growth in middle-income countries.</dc:description>
	<dc:publisher xml:lang="en-US">Bank Indonesia</dc:publisher>
	<dc:date>2022-08-31</dc:date>
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	<dc:identifier>https://www.bmeb-bi.org/index.php/BEMP/article/view/1863</dc:identifier>
	<dc:identifier>10.21098/bemp.v25i2.1863</dc:identifier>
	<dc:source xml:lang="en-US">Buletin Ekonomi Moneter dan Perbankan; Vol 25 No 2 (2022); 215-236</dc:source>
	<dc:source xml:lang="id-ID">Buletin Ekonomi Moneter dan Perbankan; Vol 25 No 2 (2022); 215-236</dc:source>
	<dc:source>2460-9196</dc:source>
	<dc:source>1410-8046</dc:source>
	<dc:source>10.21098/bemp.v25i2</dc:source>
	<dc:language>eng</dc:language>
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	<dc:rights xml:lang="en-US">Copyright (c) 2022 Buletin Ekonomi Moneter dan Perbankan</dc:rights>
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