Template-Type: ReDIF-Article 1.0
Author-Name: Yelyzaveta SHEBALKOVA
Author-Workplace-Name: Pan-European University in Bratislava, Faculty of Economics and Business, Tomášikova 20, 821 02 Bratislava, Slovak Republic
Author-Name: Jan VOHARČÍK
Author-Workplace-Name: DTI University, Sládkovičova 533/20, 01841 Dubnica and Váhom, Slovak Republic
Author-Name: Harinarayanan KAYATHINGAL
Author-Workplace-Name: DTI University, Sládkovičova 533/20, 01841 Dubnica and Váhom, Slovak Republic
Title: Regulatory Quality and Economic Performance: Evidence from European Countries
Abstract: This study investigates the relationship between regulatory quality and economic growth across 11 European countries over the period 2010–2023 using a comprehensive panel data framework. Employing pooled OLS, fixed effects, two-way fixed effects, and System GMM estimators, the analysis examines the robustness, heterogeneity, and dynamic properties of the regulatory quality–growth nexus. The results indicate that regulatory quality does not have a statistically significant or robust effect on economic growth once country-specific and time-specific heterogeneity are controlled for. Additional analyses reveal no significant differences across Western, Central, and Eastern European countries, nor evidence of dynamic or non-linear effects. The findings suggest that in mature and highly regulated European economies, regulatory quality may act more as a background institutional condition rather than a direct driver of short-term growth, highlighting the importance of complementary macroeconomic factors.
Classification-JEL: O43, O47, C23
Keywords: Regulatory Quality, Economic Growth, Panel Data Analysis, European Economies, Institutional Economics
Journal: Littera Scripta
Volume: 19
Issue: 1
Year: 2026
Month: June
Pages: 1-12
DOI: 10.36708/LS.2026.I01.001
File-URL: https://littera-scripta.com/articles/regulatory-quality-and-economic-performance-evidence-from-european-countries-93380b30
File-Format: text/html
File-URL: https://littera-scripta.com/api/v1/public/files/45ba24d7-47df-483f-b106-7f1640a5e894
File-Format: Application/pdf
Handle: RePEc:rsg:littra:2026-001