Arnold Kling  

Governance Indicators

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The World Bank has assembled indicators of the quality of governance in 213 countries. The researchers are making the underlying data available to researchers, so I can imagine many regressions being run to try to see which indicators best correlate to economic success. China will still prove to be a troublesome data point--its governance indicators are poor, but it has that outstanding growth rate.

Thanks to New Economist for the pointer.

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COMMENTS (3 to date)
Butter writes:

Don't think absolute ranking is important here but rather improvements, or growth, in institutional rankings probably lead to economic growth. There is your first regression.

David N. Welton writes:

Ok, I'm looking at the 'basic chart'. How did the US score so badly in "political stability". It's worse than Italy, which does not make much sense given what I read in the papers every day(I live in Italy).

Interesting data in any case.

Mr. Econotarian writes:

With all the "safe seats," you'd think one would come to the conclusion that the U.S. is very "politically stable," if not perhaps "too stable"!

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