Does More Transparency Go Along With Better Governance?
AbstractThis paper explores the link between information flows and governance. It develops a new indicator, the transparency index, which measures the frequency with which governments update economic data that they make available to the public. The paper also uses the existence of a Freedom of Information Act and the length of time for which it has been in existence as an indicator reflecting the overall legislative environment for transparency. Measures of the type developed in this paper have hitherto not been used in the cross-country literature on governance and growth. Cross-country regression estimation shows that countries with better information flows as measured by these indices also govern better. Copyright 2006 Blackwell Publishing Ltd.
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Bibliographic InfoArticle provided by Wiley Blackwell in its journal Economics & Politics.
Volume (Year): 18 (2006)
Issue (Month): 2 (07)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0954-1985
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- Langbein, Laura & Knack, Stephen, 2008. "The worldwide governance indicators and tautology : causally related separable concepts, indicators of a common cause, or both ?," Policy Research Working Paper Series 4669, The World Bank.
- Yamamura, Eiji, 2011. "Effect of transparency on changing views regarding nuclear energy before and after Fukushima accident," MPRA Paper 34346, University Library of Munich, Germany.
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- Andrew Williams, 2014. "The effect of transparency on output volatility," Economics of Governance, Springer, vol. 15(2), pages 101-129, May.
- Christian Weyand, 2013. "Why Political Elites Support Governmental Transparency. Self-Interest, Anticipation of Voters' Preferences or Socialization?," Cologne Graduate School Working Paper Series 04-02, Cologne Graduate School in Management, Economics and Social Sciences.
- Yamamura, Eiji, 2013. "Transparency and View Regarding Nuclear Energy Before and After the Fukushima Accident: Evidence on Micro-data," MPRA Paper 46608, University Library of Munich, Germany.
- Yamamura, Eiji, 2012. "Effects of groups and government size on information disclosure," MPRA Paper 36141, University Library of Munich, Germany.
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