Measuring Institutions: Indicators of Political Rights, Property Rights and Political Instability in Malawi
AbstractThis paper aims to construct a new set of institutional indicators for Malawi. Our political freedom index correlates strongly with the Freedom House political rights and civil liberties indices, but consists of a far longer time series, which can be used to examine long-run issues with greater efficacy. The high correlations between the political freedoms index and the various property rights indices suggests that, in the Malawian case, lack of political freedom is associated with lack of economic freedom and security. However, our property rights indices correlate poorly with an index based on de facto property rights. This suggests that despite the governmentÂ’s legal power to abrogate property rights, these rights were generally respected. Cross-country comparisons suggest that political freedoms follow broadly similar patterns, particularly in Zimbabwe and Malawi. There is less of a match between countries on property rights issues, however.
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Bibliographic InfoPaper provided by Economic Research Southern Africa in its series Working Papers with number 165.
Length: 24 pages
Date of creation: 2010
Date of revision:
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Institutions; Political freedom; Property rights and Malawi;
Find related papers by JEL classification:
- E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
- K00 - Law and Economics - - General - - - General (including Data Sources and Description)
- N4 - Economic History - - Government, War, Law, International Relations, and Regulation
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-03-13 (All new papers)
- NEP-CDM-2010-03-13 (Collective Decision-Making)
- NEP-DEV-2010-03-13 (Development)
- NEP-POL-2010-03-13 (Positive Political Economics)
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- B.P. Zaaruka & J.W. Fedderke, 2011. "Measuring Institutions: Indicators of Political and Economic Institutions in Namibia: 1884 - 2008," Working Papers 236, Economic Research Southern Africa.
- John Manuel Luiz & Luis Brites Pereira & Guilherme Oliveira, 2011. "Constructing Institutional Measures: Indicators of Political and Property Rights in Mozambique, 1900-2005," Working Papers 219, Economic Research Southern Africa.
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