1. Governance and Growth Revisited.
- Author
-
Seldadyo, Harry, Nugroho, Emmanuel Pandu, and de Haan, Jakob
- Subjects
ECONOMIC development ,COUNTRIES ,MATHEMATICAL variables ,ECONOMIC indicators ,NEPOTISM ,GROWTH rate ,MATRICES (Mathematics) - Abstract
Recent studies yield diverging outcomes on the governance-growth relationship. In this paper we construct a new index of governance using a latent variable approach and test whether this index is related to growth with varying samples of countries and different conditioning variables. The results show that our index has a positive and significant impact on economic growth. This conclusion is fairly robust for various samples and conditioning variables. [ABSTRACT FROM AUTHOR]
- Published
- 2007
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