... for government spending. The results might be as a result of the high level of corruption in ECOWAS. The results also show that when institutional quality is interacted with foreign capital inflows, the result shows a negative and statistically significant effect on economic growth. Originality/value Unlike...

... precisely, this paper investigates whether institutional environment influences the effect of government spending on economic growth. Design/methodology/approach This study adopts the generalized method of moments-system method of estimation to address the problem of dynamic endogeneity inherent...