Government Governance, Legal Environment and Sustainable Economic Development

Feng Wei and Yu Kong
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Feng Wei: School of Economics and Business Administration, Chongqing University, No. 174 Shazhengjie, Shapingba District, Chongqing 400030, China
Yu Kong: College of Economics, Guizhou University, Huaxi District, Guizhou Province, 550025 Guiyang, China

Sustainability, 2014, vol. 6, issue 4, 1-16

Abstract: Based on China’s inter-provincial panel data from 1999–2009, this paper has tested the impact and extent of marketization, government governance, and legal environment of sustainable economic development by controlling physical capital, human capital and productivity, so as to find the institutional reality for the difference in China’s economic development and another explanation for it. It turns out that marketization, government governance, and legal environment play significant roles in promoting sustainable economic development. Further tests show that the results of Eastern China are consistent with China’s inter-provincial results; while in Western China, the promotion effect of marketization, government governance, and legal environment on sustainable economic development is not significant.

Keywords: government governance; legal environment; sustainable economic development (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:6:y:2014:i:4:p:2248-2263:d:35144

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