Examining the dimensions of governance that are relevant for private investment

Quan Vu Le () and Meenakshi Rishi ()
Additional contact information
Quan Vu Le: Department of Economics, Albers School of Business and Economics Seattle University, USA.
Meenakshi Rishi: Department of Economics, Albers School of Business and Economics Seattle University, USA.

Business and Economic Horizons (BEH), 2010, vol. 1, issue 1, 1-5

Abstract: Which types of governance indicators matter the most for private investment? This short paper answers the question by examining the impact of specific governance indicators on private investment in a cross-section of developing economies. Results indicate that an effective government that includes competent and independent civil service and credible governmental policies are positively associated with private investment. Fair and predictable rules of the game that determine the extent to which property rights are protected also facilitate greater private investment. Based on this the paper concludes that since some indicators of governance matter more than others, targeted institutional reform that focuses first on the significant dimensions may be key to facilitating private investment in developing areas.

Keywords: Private investment; governance; developing economies (search for similar items in EconPapers)
JEL-codes: E02 E22 O16 (search for similar items in EconPapers)
Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://academicpublishingplatforms.com/downloads/p ... _Quan_Vu_Rishi_d.pdf (application/pdf)
http://academicpublishingplatforms.com/article.php ... number=1&article=196 (text/html)

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:pdc:jrnbeh:v:1:y:2010:i:1:p:1-5

Access Statistics for this article

Business and Economic Horizons (BEH) is currently edited by Orifjan Namozov, Ph.D.

More articles in Business and Economic Horizons (BEH) from Prague Development Center Contact information at EDIRC.
Bibliographic data for series maintained by Jaroslav Holecek ( this e-mail address is bad, please contact ).