Does Governance Matter? Yes, No or Maybe: Some Evidence from Developing Asia

Quibria, M. G.

doi:10.1111/j.1467-6435.2006.00322.x

Cited by 69 publications

(55 citation statements)

References 8 publications

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“…Contrary to the preceding argument Quibria (2006) found that for Asian countries economic growth has been fastest in countries with low governance indicators. The inconsistency may be due to the different measures of governance used.…”

Section: Globalization Peace and Stability Governance And Kecontrasting

confidence: 77%

Effects of globalization on peace and stability: Implications for governance and the knowledge economy of African countries

Amavilah¹,

Asongu

Andrés

2017

Technological Forecasting and Social Change

168

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We argue that there exists an indirect link between globalization and the knowledge economy of African countries in which globalization influences 'peace and stability' and peace and stability affects governance, and through governance the knowledge economy. We model the link as a three-stage process in four testable hypotheses, which permits an empirical analysis without sacrificing economic relevance for statistical significance. The results indicate that the impacts on governance of peace and stability from globalization defined as trade are stronger than those of peace and stability resulting from globalization taken to be foreign direct investment. We conclude that foreign direct investment is not a powerful mechanism for stimulating and sustaining the African knowledge. However, since the effects of globalization on peace and stability can influence governance both positively and negatively, we also conclude that the prospect for the knowledge economy in African countries may be realistic and attainable, as long as these countries continue to engage in the kind of globalization that enhances peace and stability.

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Section: Globalization Peace and Stability Governance And Kecontrasting

confidence: 77%

Effects of globalization on peace and stability: Implications for governance and the knowledge economy of African countries

Amavilah¹,

Asongu

Andrés

2017

Technological Forecasting and Social Change

168

View full text Add to dashboard Cite

show abstract

“…First, good governance has a positive relationship with per capita real GDP (Quibria, 2006), which implies that it influences trade enhancing factor, GDP, of source and destination countries. Second, ineffectiveness of domestic institutions to secure and enforce property rights in economic exchange increases trade costs by impacting adversely on risk perceptions and preferences in international transactions.…”

mentioning

confidence: 99%

Can Gravity Model Explain BIMSTEC's Trade?

Kabir¹,

Salim²

2010

JEI

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This paper examines the trading pattern of Bay of Bengal Initiative for MultiSectoral Technical and Economic Cooperation (BIMSTEC) by employing an augmented gravity model. The econometric specification followed Egger (2000, 2002), Baltagi et al. (2003) and Serlenga and Shin (2007). Diagnostic checks imply the presence of serial correlation, heteroscedasticity and contemporaneous correlation in both import and export panels, which are allowed for in the PraisWinsten regression with panel-specific AR(1). Regression estimates show that BIMSTEC's imports follow the Linder hypothesis, while the exports exhibit Heckscher-Ohlin-Samuelson prototype. Results also suggest that distance elasticity is negative and significant. Real depreciation is import-reducing and export enhancing. Common language and bilateral trade agreement are found to be import and export enhancing, respectively. Governance of both local and destination countries impact trade of the bloc positively. Finally, belonging to the bloc accounts for about 29% of its exports, which is an indication of good prospect if trade policies are liberalised within the bloc. Thus, gravity model can successfully explain the pattern of the bloc's trade.

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“…Table 6 has the results of all cross section fixed effects which measuring the country differences from regional estimates. Here we are considering regional estimate as benchmark category and comparing cross section fixed effects to measure the status of governance for the countries of South Asia, This governance status is better than the estimation of Kaufmann (2004); Quibria (2006) in a way that it based on more robust econometric estimation than to get the governance status from cross section data of single year. Any county which negative estimates implies that particular governance indicator of that country has little impact on growth than regional level.…”

Section: Resultsmentioning

confidence: 99%

An Analysis of Inclusive Growth for South Asia

Javed¹,

Padda²,

Akram³

2018

J.educ.soc.sci

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Key indicators of development and governance i.e., quality education, better health and good governance must coincide with the growth of nations. The benefits of growth should be shared with citizens in term of better health facility and improved quality of education, strong institutions, corruption free society and implementation of rule of law. This research gauge the relationships of growth, governance and development by focusing the eight countries of South Asia, through estimating the fixed effects model by using data from 2005 to 2014. This study finds development and governance gaps as well as evidence of inclusive growth. Growth process of Nepal is mostly inclusive and sustainable than other countries. On basis of the results this study suggests that political instability, threats of terrorism and life expectancy at birth are the main indicators which must cater on priority basis to improve the welfare level of one-fourth population of the globe. Study finds that only two-third of the growth of region termed as inclusive growth.

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Does Governance Matter? Yes, No or Maybe: Some Evidence from Developing Asia

Cited by 69 publications

References 8 publications

Effects of globalization on peace and stability: Implications for governance and the knowledge economy of African countries

Effects of globalization on peace and stability: Implications for governance and the knowledge economy of African countries

Can Gravity Model Explain BIMSTEC's Trade?

An Analysis of Inclusive Growth for South Asia

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