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The worldwide governance indicators: methodology and analytical issues

Daniel Kaufmann, Aart Kraay () and Massimo Mastruzzi

No 5430, Policy Research Working Paper Series from The World Bank

Abstract: This paper summarizes the methodology of the Worldwide Governance Indicators (WGI) project, and related analytical issues. The WGI cover over 200 countries and territories, measuring six dimensions of governance starting in 1996: Voice and Accountability, Political Stability and Absence of Violence/Terrorism, GovernmentEffectiveness, Regulatory Quality, Rule of Law, and Control of Corruption. The aggregate indicators are based on several hundred individual underlying variables, taken from a wide variety of existing data sources. The data reflect the views on governance of survey respondents and public, private, and NGO sector experts worldwide. The WGI also explicitly report margins of error accompanying each country estimate. These reflect the inherent difficulties in measuring governance using any kind of data. Even after taking these margins of error into account, the WGI permit meaningful cross-country and over-time comparisons. The aggregate indicators, together with the disaggregated underlying source data, are available at www.govindicators.org.

Keywords: Governance Indicators; National Governance; Public Sector Corruption&Anticorruption Measures; Economic Policy; Institutions and Governance; Statistical&Mathematical Sciences (search for similar items in EconPapers)
Date: 2010-09-01
New Economics Papers: this item is included in nep-pbe and nep-pol
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1571)

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