The Role of Good Governance in Economic Development: Evidence from Eastern European Transition Countries

Jonida Avdulaj (), Flora Merko () and Klodian Muço ()

Journal Transition Studies Review, 2021, vol. 28, issue 1, 67-76

Abstract: The paper aims to evaluate the impact of main good governance indicators on GDP per capita and FDI in Eastern European Transition Countries. Empirical results confirm that Government Efficiency and Rule of Law have a positive impact on GDP per capita growth while Control of Corruption harms GDP per capita growth, so a reduction in corruption generates GDP per capita growth. The results also show that government efficiency has a positive impact on increasing the flow of foreign investment and that an increase in corruption somewhat reduces FDI flow.

Keywords: Good governance; Economic growth; Foreign investment, Eastern European Transition countries. (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
https://transitionacademiapress.org/jtsr/article/view/346/235 (application/pdf)
Access to full texts is restricted to Journal Transition Studies Review

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ase:jtsrta:v:28:y:2021:i:1:p:67-76:id:346

Access Statistics for this article

More articles in Journal Transition Studies Review from Transition Academia Press
Bibliographic data for series maintained by Giorgio Dominese ().