* Harry Seldadyo: Faculty of Economics, University of Groningen, PO Box 800, 9700 AV Groningen, the Netherlands, tel. 31-50-3636328, fax 31-50-3633720, email: email@example.com. Emmanuel Pandu Nugroho: Faculty of Economics, University of Groningen. Jakob de Haan: University of Groningen, the Netherlands and CESifo, Munich, Germany.
Governance and Growth Revisited
Article first published online: 25 APR 2007
Volume 60, Issue 2, pages 279–290, May 2007
How to Cite
Seldadyo, H., Nugroho, E. P. and De Haan, J. (2007), Governance and Growth Revisited. Kyklos, 60: 279–290. doi: 10.1111/j.1467-6435.2007.00372.x
- Issue published online: 25 APR 2007
- Article first published online: 25 APR 2007
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.