Governance and Growth Revisited
Recent studies yield diverging outcomes on the governance-growth relationship. In this paper we construct a new index of governance using a latent variable approach and test whether this index is related to growth with varying samples of countries and different conditioning variables. The results show that our index has a positive and significant impact on economic growth. This conclusion is fairly robust for various samples and conditioning variables. Copyright 2007 Blackwell Publishing Ltd..
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Volume (Year): 60 (2007)
Issue (Month): 2 (05)
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