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The worldwide governance indicators project : answering the critics

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  • Kaufmann, Daniel
  • Kraay, Aart
  • Mastruzzi, Massimo

Abstract

The Worldwide Governance Indicators, reporting estimates of six dimensions of governance for over 200 countries between 1996 and 2005, have become widely used among policymakers and academics. They have also attracted some explicit written criticisms. In this short paper the authors synthesize 11 critiques offered by four recent papers. They then refute them as either conceptually incorrect or empirically unsubstantiated.

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Bibliographic Info

Paper provided by The World Bank in its series Policy Research Working Paper Series with number 4149.

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Date of creation: 01 Mar 2007
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Handle: RePEc:wbk:wbrwps:4149

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Keywords: Governance Indicators; National Governance; Statistical&Mathematical Sciences; Economic Policy; Institutions and Governance; Public Sector Corruption&Anticorruption Measures;

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References

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  1. Knack, Stephen, 2006. "Measuring corruption in Eastern Europe and Central Asia : a critique of the cross-country indicators," Policy Research Working Paper Series 3968, The World Bank.
  2. Mireille Razafindrakoto & François Roubaud, 2006. "Are international databases on corruption reliable? A comparison of expert opinion surveys and household surveys in sub-Saharan Africa," Working Papers, DIAL (Développement, Institutions et Mondialisation) DT/2006/17, DIAL (Développement, Institutions et Mondialisation).
  3. Edward L. Glaeser & Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer, 2004. "Do Institutions Cause Growth?," Journal of Economic Growth, Springer, Springer, vol. 9(3), pages 271-303, 09.
  4. Charles Oman & Christiane Arndt, 2006. "Governance Indicators for Development," OECD Development Centre Policy Insights, OECD Publishing 33, OECD Publishing.
  5. Daniel Kaufmann & Aart Kraay, 2002. "Growth without Governance," JOURNAL OF LACEA ECONOMIA, LACEA - LATIN AMERICAN AND CARIBBEAN ECONOMIC ASSOCIATION.
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Citations

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Cited by:
  1. Gaygısız, Esma, 2013. "How are cultural dimensions and governance quality related to socioeconomic development?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, Elsevier, vol. 47(C), pages 170-179.
  2. Giuseppe Arbia & Michele Battisti & Gianfranco Di Vaio, 2009. "Institutions and geography: Empirical test of spatial growth models for European regions," Quaderni del Dipartimento di Economia, Finanza e Statistica, Università di Perugia, Dipartimento Economia, Finanza e Statistica 72/2009, Università di Perugia, Dipartimento Economia, Finanza e Statistica.
  3. Kaufmann, Daniel & Kraay, Aart & Mastruzzi, Massimo, 2007. "Governance Matters VI: Aggregate and Individual Governance Indicators, 1996-2006," Policy Research Working Paper Series 4280, The World Bank.
  4. Martin Knoll & Petra Zloczysti, 2011. "The Good Governance Indicators of the Millennium Challenge Account: How Many Dimensions Are Really Being Measured?," Discussion Papers of DIW Berlin 1148, DIW Berlin, German Institute for Economic Research.
  5. Givens, David, 2013. "Defining governance matters: A factor analytic assessment of governance institutions," Journal of Comparative Economics, Elsevier, vol. 41(4), pages 1026-1053.
  6. Ugur, Mehmet & Dasgupta, Nandini, 2011. "Corruption and economic growth: A meta-analysis of the evidence on low-income countries and beyond," MPRA Paper 31226, University Library of Munich, Germany, revised 31 May 2011.
  7. Brown, David S. & Touchton, Michael & Whitford, Andrew, 2011. "Political Polarization as a Constraint on Corruption: A Cross-national Comparison," World Development, Elsevier, Elsevier, vol. 39(9), pages 1516-1529, September.
  8. Anokhin, Sergey & Schulze, William S., 2009. "Entrepreneurship, innovation, and corruption," Journal of Business Venturing, Elsevier, vol. 24(5), pages 465-476, September.
  9. Stefan Voigt, 2011. "Positive constitutional economics II—a survey of recent developments," Public Choice, Springer, Springer, vol. 146(1), pages 205-256, January.
  10. Kresimir Jurlin & Nevenka Cuckovic, 2010. "Comparative analysis of the quality of European institutions 2003-2009: convergence or divergence?," Financial Theory and Practice, Institute of Public Finance, Institute of Public Finance, vol. 34(1), pages 71-98.
  11. Nicola Cetorelli & Stavros Peristiani, 2009. "Prestigious stock exchanges: a network analysis of international financial centers," Staff Reports, Federal Reserve Bank of New York 384, Federal Reserve Bank of New York.
  12. Alecia Waite Cassidy & Edward Tower & Xiaolu Wang, . "Manufacturing Fetishism: The Neo-Mercantilist Preoccupation with Protecting Manufacturing," Working Papers, Research Seminar in International Economics, University of Michigan 639, Research Seminar in International Economics, University of Michigan.
  13. Haggard, Stephan & Tiede, Lydia, 2011. "The Rule of Law and Economic Growth: Where are We?," World Development, Elsevier, Elsevier, vol. 39(5), pages 673-685, May.
  14. Kaufmann, Daniel & Kraay, Aart & Mastruzzi, Massimo, 2009. "Governance matters VIII : aggregate and individual governance indicators 1996-2008," Policy Research Working Paper Series 4978, The World Bank.

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