The Territory's Spatial Impact on Governance
Roya Seyfipour (),
Mehrdad Heyrani () and
Azadeh Mehrabiyan ()
Additional contact information
Roya Seyfipour: Assistant Professor of Economics, Islamic Azad University of Central Tehran Branch
Mehrdad Heyrani: Master Graduate of Economics, University of Sanati Sharif
Azadeh Mehrabiyan: Assistant Professor of Economics, Islamic Azad University of Central Tehran Branch
Quarterly Journal of Applied Theories of Economics, 2021, vol. 8, issue 3, 113-140
Governance is a complex phenomenon that has political, economic and institutional dimensions. This study examines the direct effects of domestic terrorism and the effects of its overflow on the region, along with the macroeconomic variables of GDP, foreign direct investment and inflation on governance performance indicators, as defined by the World Bank for the Middle East, using spatial dynamic regression model. The results of the model's estimation show that terrorist attacks reduce political stability, government effectiveness, regulatory quality, rule of law, corruption and the governance indicators. The effects of the spillover of terrorist attacks in each country reduce government efficiency as well as political stability in neighboring countries. Improving the production and attraction of foreign direct investment will increase the standards of governance, such as economic freedom, social and government performance measures, and the overall governance indicator. The effects of GDP and foreign direct investment overflow in the country will improve the performance of neighboring countries in terms of political stability, government effectiveness, regulatory quality, rule of law, corruption control and the average total governance indicators
Keywords: Terrorism; Good Governance; Spatial Dynamic Panel Regression; Spatial spillover (search for similar items in EconPapers)
JEL-codes: C21 H11 H51 (search for similar items in EconPapers)
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
https://ecoj.tabrizu.ac.ir/article_13598_fe55c8a807e5d9e0c23e72bed91b237c.pdf Full text (text/html)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ris:qjatoe:0240
Access Statistics for this article
Quarterly Journal of Applied Theories of Economics is currently edited by Sakineh Sojoodi
More articles in Quarterly Journal of Applied Theories of Economics from Faculty of Economics, Management and Business, University of Tabriz Contact information at EDIRC.
Bibliographic data for series maintained by Sakineh Sojoodi ().