Preferencje help
Widoczny [Schowaj] Abstrakt
Liczba wyników
2010 | vol 1, iss. 1 | 1--5
Tytuł artykułu

Examining the Dimensions of Governance that are Relevant for Private Investment

Treść / Zawartość
Warianty tytułu
Języki publikacji
Which types of governance indicators matter the most for private investment? This short paper answers the question by examining the impact of specific governance indicators on private investment in a cross-section of developing economies. Results indicate that an effective government that includes competent and independent civil service and credible governmental policies are positively associated with private investment. Fair and predictable rules of the game that determine the extent to which property rights are protected also facilitate greater private investment. Based on this the paper concludes that since some indicators of governance matter more than others, targeted institutional reform that focuses first on the significant dimensions may be key to facilitating private investment in developing areas.(original abstract)
Opis fizyczny
  • Department of Economics, Albers School of Business and Economics Seattle University, USA
  • Department of Economics, Albers School of Business and Economics Seattle University, USA
  • Barro, R., 1991. "Economic growth in a cross section of countries", Quarterly Journal of Economics, Vol. 106, pp. 407-443
  • Bouton, L., Sumlinski, M., 2000. "Trends in private investment in developing countries: Statistics for 1970-1998", Discussion Paper 41, World Bank, Washington, D.C
  • Jacobs, S., 2002. "Better regulatory governance: Can it stimulate private investment in Asia's infrastructure?", Vol. 34, Asian Development Bank, Manila
  • Johnson, S., Kaufmann, D., McMillan, J., Woodruff, C., 2000. "Why do firms hide? Bribes and unofficial activity after communism", Journal of Pubic Economics, Vol. 76, pp. 495-530
  • Kaufmann D., Kraay, A., Mastruzzi, M., 2007. "Governance Matters VI: Governance Indicators for 1996-2006", World Bank Policy Research Working Paper No. 4280, World Bank, Washington D.C
  • Khan, S., Reinhart, C., 1990. "Private investment and economic growth in developing countries", World Development, Vol. 18, pp. 19-27
  • Knack, S., Keefer, P., 1995. "Institutions and economic performance: Cross-country tests using alternative institutional measures", Economics and Politics, Vol. 7, pp. 207-227
  • La Porta, R., López-de-Silanes, F., Shleifer, A., Vishny, R., 1999. "The Quality of Government", Journal of Law, Economics, and Organization, Vol. 15, pp. 222-279
  • Mauro, P., 1998. "Corruption and the composition of government expenditure growth", Journal of Public Economics, Vol. 69, pp. 263-279
  • Mauro, P., 1995. "Corruption and economic growth", Quarterly Journal of Economics,Vol. 110, pp. 681-712
  • North, D., 1990. Institutions, institutional change and economic performance, Cambridge University Press, Cambridge
  • Pastor, M., Hilt, E., 1993. "Private investment and democracy in Latin America", World Development, Vol. 21, pp. 489-507
  • Pelligrini, L., Gerlagh, R., 2004. "Corruption's effect on growth and its transmission channels", Kyklos, Vol. 57, pp. 429-456
  • Ramirez, Miguel D., 2006. "Does foreign direct investment enhance private capital formation in Latin America? A pooled analysis for the 1981-2000 period", Journal of Development Areas, Vol. 40, pp. 81-97
  • Rodrik, D., 2001. "Trading in illusions", Foreign Affairs, Vol. 123, pp. 55-62
  • Salahuddin, M., Islam, M., 2008. "Factors affecting investment in developing countries: A panel data study", Journal of Development Areas, Vol. 42, pp. 2-37
  • Wedeman, A., 1997. "Looters, rent-scrapers, and dividend-collectors: Corruption and growth in Zaire, South Korea, and the Philippines", Journal of Developing Areas, Vol. 31, pp. 457-478
  • World Development Indicators 2009, World Bank, Washington, D.C
Typ dokumentu
Identyfikator YADDA

Zgłoszenie zostało wysłane

Zgłoszenie zostało wysłane

Musisz być zalogowany aby pisać komentarze.
JavaScript jest wyłączony w Twojej przeglądarce internetowej. Włącz go, a następnie odśwież stronę, aby móc w pełni z niej korzystać.