Mofid University The Journal of Economic Studies and Policies 2423-4648 9 1 2022 08 23 The Impact of Good Governance on Inclusive Growth in Selected Countries The Impact of Good Governance on Inclusive Growth in Selected Countries 244 265 254474 10.22096/esp.2022.141516.1446 FA Esmaeel Safarzadeh Assistant Professor, Department of Economics, Alzahra University,Tehran, Iran. 0000-0001-8638-5754 Neda Mozaffaripour PhD student of Economic, Department of Economics, Alzahra University,Tehran, Iran 0000-0003-2680-8713 Journal Article 2020 11 26 Inclusive growth has been the focus of much attention in many countries due to Low economic growth and widespread inequalities. Inclusive growth is a development concept that focuses on the process of achieving growth. It is created by opportunities and people’s participation in the growth process. Given that the government can take appropriate measures to providing the way for more inclusive growth, there is a close relationship between inclusive growth and government performance in good governance. In this regard, this study aims to investigate the relationship between good governance and inclusive growth and the panel data method has been used for two selected groups of middle and high per capita income countries in period 2010-2018. By measuring the multidimensional index of inclusive growth, it was observed that the average inclusive growth index for high income countries is higher than middle income countries. The results show that the good governance has a positive and significant effect on the inclusive growth index in middle per capita income countries, and other determinants of inclusive growth such as capital, labor, technology, trade openness, government expenditure and human development index have a positive effect on inclusive growth. It is recommended that middle income countries pay special attention to institutional reforms to provide the appropriate for people to participate in economic opportunities and achieve inclusive growth. Inclusive growth has been the focus of much attention in many countries due to Low economic growth and widespread inequalities. Inclusive growth is a development concept that focuses on the process of achieving growth. It is created by opportunities and people’s participation in the growth process. Given that the government can take appropriate measures to providing the way for more inclusive growth, there is a close relationship between inclusive growth and government performance in good governance. In this regard, this study aims to investigate the relationship between good governance and inclusive growth and the panel data method has been used for two selected groups of middle and high per capita income countries in period 2010-2018. By measuring the multidimensional index of inclusive growth, it was observed that the average inclusive growth index for high income countries is higher than middle income countries. The results show that the good governance has a positive and significant effect on the inclusive growth index in middle per capita income countries, and other determinants of inclusive growth such as capital, labor, technology, trade openness, government expenditure and human development index have a positive effect on inclusive growth. It is recommended that middle income countries pay special attention to institutional reforms to provide the appropriate for people to participate in economic opportunities and achieve inclusive growth. https://economic.mofidu.ac.ir/article_254474_6c4d9a3ada57ac6d1c29aade8158fa65.pdf