This paper presents estimates of six dimensions of governance covering 199 countries and territories for four time periods: 1996, 1998, 2000, and 2002. These indicators are based on several hundred individual variables measuring perceptions of governance, drawn from 25 separate data sources constructed by 18 different organizations. We assign these individual measures of governance to categories capturing key dimensions of governance, and use an unobserved components model to construct six aggregate governance indicators in each of the four periods. We present the point estimates of the dimensions of governance as well as the margins of errors for each country for the four periods. The governance indicators reported here are an update and expansion of our previous work, part of a research project on indicators initiated in 1998 (Kaufmann, Kraay and Zoido-Lobatón 1999a,b and 2002). We also address various methodological issues, including the interpretation and use of the data given the estimated margins of errors. The data, as well as a web-based graphical interface, are available at www.worldbank.org/wbi/governance/govdata2002/.
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Paper provided by EconWPA in its series Macroeconomics with number
0308006.
Find related papers by JEL classification: E00 - Macroeconomics and Monetary Economics - - General - - - General H00 - Public Economics - - General - - - General O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General C3 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables C42 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Survey Methods C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation D8 - Microeconomics - - Information, Knowledge, and Uncertainty H4 - Public Economics - - Publicly Provided Goods K0 - Law and Economics - - General K2 - Law and Economics - - Regulation and Business Law K4 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior
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Simeon Djankov & Rafael La Porta & Florencio Lopez-De-Silanes & Andrei Shleifer, 2002.
"The Regulation Of Entry,"
The Quarterly Journal of Economics,
MIT Press, vol. 117(1), pages 1-37, February.
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Simeon Djankov & Rafael La Porta & Florencio LopezdeSilanes & Andrei Shleifer, 2000.
"The Regulation of Entry,"
NBER Working Papers
7892, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Djankov, Simeon & La Porta, Rafael & Lopez-de-Silanes, Florencio & Shleifer, Andrei, 2001.
"The Regulation of Entry,"
Working Paper Series
rwp01-015, Harvard University, John F. Kennedy School of Government.
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