
Frontiers in Political Science, Год журнала: 2025, Номер 6
Опубликована: Фев. 28, 2025
This paper investigates Smith's triumvirate hypothesis that peace, easy taxes, and a tolerable administration of justice inclusively constitute what state requires to attain the highest degree economic prosperity. First, constructed single index through principal component analysis (PCA). Then, data using two-step difference GMM technique was conducted, with results confirming in Sub-Saharan Africa.
Язык: Английский