Does better governance foster efficiency? An aggregate frontier analysis

被引:8
作者
Méon P.-G. [1 ]
Weill L. [2 ]
机构
[1] Université Libre de Bruxelles, DULBEA, 1050 Bruxelles
[2] Université Robert Schuman, Institut d'Etudes Politiques, 67082 Strasbourg Cedex
关键词
Governance; Income; Macroeconomic efficiency frontiers;
D O I
10.1007/s10101-004-0080-z
中图分类号
学科分类号
摘要
We test the relationship between governance and macroeconomic technical efficiency on a sample of 62 countries, both developed and developing. We do so by applying Battese and Coelli (1995)'s method at the aggregate level. We find that better governance, measured by six complementary indices each devoted to a different dimension of governance, is always associated with greater efficiency. However, when governance variables are tested against each other, we observe that government efficiency is the aspect of governance that most robustly affects aggregate efficiency. © Springer-Verlag 2005.
引用
收藏
页码:75 / 90
页数:15
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