Publication:
What Determines the Quality of Institutions?

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dc.contributor.authorIslam, Roumeen
dc.contributor.authorMontenegro, Claudio E.
dc.date.accessioned2013-09-09T20:15:57Z
dc.date.available2013-09-09T20:15:57Z
dc.date.issued2002-01
dc.description.abstractIn trying to explain institutional quality, different authors have come to conflicting conclusions. In tackling the problem themselves, the authors show three things. First, openness is positively and pretty robustly associated with institutional quality. To minimize selection bias, the authors use data sets with the greatest cross-country coverage, though they also test the significance of the variables for smaller sample sizes. The results confirm that both natural and policy measures of openness are important. Concentration of trade in natural resource exports continues to be associated with poor institutional quality after openness in trade is accounted for. Second, "social" variables, such as income inequality or ethnic diversity, are not associated with institutional quality. The significance of the inequality variable disappears when continent dummy variables are included for Africa and Latin America. Third, features of specific institutions, such as freedom of the press and checks and balances in the political system, are positively associated with overall perceptions of institutional quality. These findings hold strongly across different data sets and samples even after the authors control for the variables commonly used in the literature.en
dc.identifierhttp://documents.worldbank.org/curated/en/2002/01/1687157/determines-quality-institutions
dc.identifier.doi10.1596/1813-9450-2764
dc.identifier.urihttps://hdl.handle.net/10986/15725
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 2764
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectTRADE LIBERALIZATION
dc.subjectETHNIC FACTORS
dc.subjectQUALITY
dc.subjectINSTITUTION BUILDING
dc.subjectCROSS-COUNTRY EXPERIENCE
dc.subjectNATURAL RESOURCES
dc.subjectEXPORT CAPACITY
dc.subjectINCOME LEVELS
dc.subjectINCOME INEQUALITIES
dc.subjectFREEDOM OF THE PRESS
dc.subjectCHECKS & BALANCES ACCESS TO INFORMATION
dc.subjectACCOUNTABILITY
dc.subjectAGGREGATING GOVERNANCE INDICATORS
dc.subjectAMERICAN DEVELOPMENT BANK
dc.subjectAMERICAN ECONOMIC REVIEW
dc.subjectAVERAGE INCOME
dc.subjectBUREAUCRACY
dc.subjectBUREAUCRATIC QUALITY
dc.subjectCHANGES IN GOVERNMENT
dc.subjectCITIZENS
dc.subjectCIVIL LAW
dc.subjectCOMMERCIAL CODE
dc.subjectCOMMON LAW
dc.subjectCOMPARATIVE DEVELOPMENT
dc.subjectCORRUPTION
dc.subjectCOUNTRY COVERAGE
dc.subjectCOUNTRY RISK GUIDE
dc.subjectDECENTRALIZATION
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC HISTORIANS
dc.subjectECONOMIC HISTORY
dc.subjectECONOMIC OUTCOMES
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC REFORM
dc.subjectECONOMIC RESEARCH
dc.subjectEXCHANGE OF IDEAS
dc.subjectEXPORTS
dc.subjectFINANCIAL DEVELOPMENT
dc.subjectFORECASTING MODELS
dc.subjectFREE PRESS
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGINI COEFFICIENT
dc.subjectGNP
dc.subjectGNP PER CAPITA
dc.subjectGOOD INSTITUTIONS
dc.subjectGOOD POLICIES
dc.subjectGOVERNANCE INDICATORS
dc.subjectGOVERNMENT EFFECTIVENESS
dc.subjectGRAFT
dc.subjectGROWTH PERFORMANCE
dc.subjectICRG
dc.subjectINCOME
dc.subjectINCOME DISTRIBUTION
dc.subjectINCOME INEQUALITY
dc.subjectINEQUALITY
dc.subjectINSTITUTION BUILDING
dc.subjectINSTITUTIONAL CONSTRAINTS
dc.subjectINSTITUTIONAL DEVELOPMENT
dc.subjectINSTITUTIONAL ENVIRONMENT
dc.subjectINSTITUTIONAL MEASURES
dc.subjectINSTITUTIONAL QUALITY
dc.subjectINTERNATIONAL COUNTRY RISK GUIDE
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectJUDICIAL INDEPENDENCE
dc.subjectLEGAL ORIGIN
dc.subjectLEGAL ORIGINS
dc.subjectMEASUREMENT ERROR
dc.subjectMEASURES PERCEPTIONS OF CORRUPTION
dc.subjectNATURAL RESOURCES
dc.subjectOPEN ECONOMIES
dc.subjectPOLICY MAKING
dc.subjectPOLICY MEASURES
dc.subjectPOLICY OUTCOMES
dc.subjectPOLICY RESEARCH
dc.subjectPOLITICAL INSTABILITY
dc.subjectPOLITICAL INSTITUTIONS
dc.subjectPOLITICAL OUTCOMES
dc.subjectPOLITICAL SYSTEM
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC GOODS
dc.subjectQUALITY
dc.subjectQUALITY INSTITUTIONS
dc.subjectQUALITY OF GOVERNANCE
dc.subjectQUALITY OF INSTITUTIONS
dc.subjectREGULATORY BURDEN
dc.subjectRENT SEEKING
dc.subjectRULE OF LAW
dc.subjectRULE OF LAW
dc.subjectSELECTION BIAS
dc.subjectSET OF GOVERNANCE INDICATORS
dc.subjectSOCIAL INDICATORS
dc.subjectSTATE INSTITUTIONS
dc.subjectTECHNOLOGICAL CHANGE
dc.subjectTRADE POLICY
dc.titleWhat Determines the Quality of Institutions?en
dspace.entity.typePublication
okr.crossref.titleWhat Determines the Quality of Institutions?
okr.date.doiregistration2025-04-10T09:20:33.060426Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2002/01/1687157/determines-quality-institutions
okr.globalpracticePoverty
okr.globalpracticeGovernance
okr.guid416091468766754963
okr.identifier.doi10.1596/1813-9450-2764
okr.identifier.externaldocumentum000094946_02020604053553
okr.identifier.internaldocumentum1687157
okr.identifier.reportWPS2764
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2002/02/16/000094946_02020604053553/Rendered/PDF/multi0page.pdfen
okr.themeEconomic management :: Macroeconomic management
okr.themeEconomic management :: Other economic management
okr.themeTrade and integration :: Other trade and integration
okr.topicPublic Institution Analysis and Assessment
okr.topicEconomic Theory and Research
okr.topicEnvironmental Economics and Policies
okr.topicPublic Sector Development::Decentralization
okr.topicEconomic Policy
okr.topicInstitutions and Governance
okr.topicPoverty Monitoring and Analysis
okr.topicGovernance::Governance Indicators
okr.topicPoverty Reduction
okr.unitOff of Sr VP Dev Econ/Chief Econ (DECVP)
okr.volume1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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