Differential Economic Performance in Developing Countries

Abstract

This thesis examines the economic performance in developing countries. The 2003 data is collected from 74 developing countries. The level of economic performance is measured by GDP per capita. The independent variables that are used in this study are physical capital, human capital, percentage of service in GDP, political rights, inflation, foreign direct investment, and trade openness. FDI and education also used as interaction variable to investigate their effect on GDP per capita.