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

Abstract: 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)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ecoj.tabrizu.ac.ir/article_13598_fe55c8a807e5d9e0c23e72bed91b237c.pdf Full text (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: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 ().