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How (Not) to measure institutions

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  • VOIGT, STEFAN

Abstract

The statement ‘institutions matter’ has become commonplace. A precondition for it to be supported by empirical evidence is, however, that institutions are measurable. Some of the difficulties in measuring institutions are described and some ways of measuring them are proposed.

Suggested Citation

  • Voigt, Stefan, 2013. "How (Not) to measure institutions," Journal of Institutional Economics, Cambridge University Press, vol. 9(1), pages 1-26, March.
    • Handle: RePEc:cup:jinsec:v:9:y:2013:i:01:p:1-26_00
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    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • K00 - Law and Economics - - General - - - General (including Data Sources and Description)
    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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