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Government matters III: governance indicators for 1996-2002
TLDR
Kaufmann, Kraay and Zoido-Lobat as discussed by the authors presented estimates of six dimensions of governance covering 199 countries and territories for four time periods: 1996, 1998, 2000, and 2002.Abstract:
The authors present 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. The authors 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. They 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 previous research work on indicators initiated in 1998 (Kaufmann, Kraay, and Zoido-Lobat 1999a,b and 2002). The authors also address various methodological issues, including the interpretation and use of the data given the estimated margins of errors.read more
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The Worldwide Governance Indicators: Methodology and Analytical Issues
TL;DR: The Worldwide Governance Indicators (WGI) project as mentioned in this paper is a collection of six dimensions of governance starting in 1996: Voice and Accountability, Political Stability and Absence of Violence/Terrorism, Government Effectiveness, Regulatory Quality, Rule of Law, and Control of Corruption.
BookDOI
Governance matters VII : aggregate and individual governance indicators 1996-2007
TL;DR: The 2009 update of the Worldwide Governance Indicators (WGI) research project, covering 212 countries and territories and measuring six dimensions of governance between 1996 and 2008: Voice and Accountability, Political Stability and Absence of Violence/Terrorism, Government Effectiveness, Regulatory Quality, Rule of Law, and Control of Corruption as discussed by the authors.
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Modernization, Cultural Change, and Democracy: The Human Development Sequence
TL;DR: The authors presented a model of social change that predicts how the value systems play a crucial role in the emergence and flourishing of democratic institutions, and that modernisation brings coherent cultural changes that are conducive to democratisation.
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Handbook on Constructing Composite Indicators: Methodology and User Guide
Michela Nardo,Michaela Saisana,Andrea Saltelli,Stefano Tarantola,Anders Hoffman,Enrico Giovannini +5 more
TL;DR: In this paper, the authors present a handbook for constructing and using composite indicators for policy makers, academics, the media and other interested parties, which is concerned with those which compare and rank country performance in areas such as industrial competitiveness, sustainable development, globalisation and innovation.
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Do Free Trade Agreements Actually Increase Members' International Trade?
TL;DR: In this paper, the authors address the endogeneity of free trade agreements using instrumental-variable (IV) techniques, control function (CF) techniques and panel-data techniques; IV and CF approaches do not adjust for endogeneity well, but a panel data approach does.
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Journal ArticleDOI
New tools in comparative political economy : the database of political institutions
TL;DR: The database of political institutions as discussed by the authors covers 177 countries over 21 years, 1975-95, and introduces several measures of checks and balances, tenure and stability, identification of party affiliation with government or opposition, and fragmentation of opposition and government parties in the legislature.
BookDOI
Aggregating governance indicators
TL;DR: In this article, a simple variant of an unobserved component model is used to combine the information from different sources into aggregate governance indicators, which can be used to quantify the precision of both individual sources of governance data as well as the aggregated governance indicators.
BookDOI
Governance Matters II : Updated Indicators for 2000-01
TL;DR: Kaufmann et al. as mentioned in this paper used the methodology developed in Kaufmann, Kraay, and Zoido-Lobaton to construct aggregate governance indicators for six dimensions of governance, covering 175 countries in 2000-01.
Posted Content
Growth Without Governance
Daniel Kaufmann,Aart Kraay +1 more
TL;DR: Kaufmann and Kraay as mentioned in this paper proposed an empirical strategy that allows separation of this correlation into (1) a strong positive causal effect running from better governance to higher per capita incomes, and, perhaps surprisingly at first, (2) a weak and even negative correlation effect running in the opposite direction from per capita income to governance, and suggested the absence of a "virtuous circle" in which higher incomes lead to further improvements in governance.
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Contract-Intensive Money: Contract Enforcement, Property Rights, and Economic Performance
TL;DR: In this article, the authors introduce a new, easily accessed and objective measure of the enforceability of contracts and the security of property rights, called contract-intensive money, which is based on citizens' decisions regarding the form in which they choose to hold their financial assets.