Fconomlc Growth TbdolEd

isDorn. On l.chni€l grcunds, dEE mid bc dilleMes in h' quatitv ofdd! lioo ounlry
b country n*ins complde! a bil dDbjous llcne lhcE is ! nc'd for si'gle @u'lft andrvrs
ds iloln aom a b€lFi umpirisl found'tun lot mlking counq's policv Above all liteEldrc
still trcks souDd lnalvsis lo clplurs iDstitutional groq$ li'k i$ Ptldsr"
The li6l prit of !t!dy c@bin.s dilfcenl v'dsblcs @piunng various didensions or
iBritulio.q inl6 an indcr' io msuc rh.s {tin'nsions 12 vei{blcs hlve t€€n conbined nr
tm sub indexes ndclv Rnk redsing tchiolcEica and Anti Rc'l sking r$hnologi's ibr
Patisba usitrg tn obj.ctivc mclhod b!*d o. Principal coBpon'nt tnalvsis overing p€nod
nom l9s4 to 2006 Tne sutsitulcG tc in runl lgstegad i o o' singl€ index o'
ireturions cill€d Pda!tu indq of in$nudNli4d sitl toh@logi€s ln fic s.@d p6n'
lsins ols 6 *ll 6
Inslituli@.1 imp*r o @tumic Frfmsa it tntinslt 'Mtvzed
GMM me .dolos/ ro mlrol for bi6 ous.d bv ddogdtu's vti0bl6 Sca€dl tudi6
ftmpt d ro td innirurioml iop.ct o r.oml! vd lh'v @ld n1sNd mlv lcw spett of
idirutions sic de vtrnbks @ hishl, cdhb4 !i pol4rilllv ole pdhlms or
nulticolliMity *h€n simdbruutv incl!&d in Elrsion Thit srudt' usine objctiYc
asgEsslion nclhodoloo, cr o!.r le tuF spccr of s c4Dord lo o{h
'nsriluti@s
This chrpter is dsoiz.d s follo*s: stion I initldlctiotl slio 2 ovcu m'rhodolo6/
od 6rioMl. fd indc,t, edjM I @v.6 i'rdies rcsulb ed thci ooly3n, dion 4 Enpin@l
6lina&s, s..lion 5 R6!lt, dd S-lion 6 si6
7o.2, Methoalology aad Ra.lonolc oIlnd^
onclutions dd Mm"dllros
In $n s6don the Fs@h sludy focu$s on ind€x dcstipljon, dlt! $uMs, nomdialio
prMduE md, lostly, w.ishdns dnd ,ggrcSalion m.thodorogv
10.2.1 D6c.ipdoroflndlc.s
Inrhissrion d.fi nesrh. domoul.tion of lhc ti lowiry indi*s