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Institutional quality dataset
ID
Kunčič, Aljaž
(
Avtor
)
URL - Predstavitvena datoteka, za dostop obiščite
http://dx.doi.org/10.1017/S1744137413000192
Galerija slik
Izvleček
In this paper, we emphasize the role of institutions as the underlying basis for economic and social activity. We describe and compare different institutional classification systems, which is rarely done in the literature, and show how to empirically operationalize institutional concepts. More than 30 established institutional indicators can be clustered into three homogeneous groups of formal institutions: legal, political and economic, which capture to a large extent the complete formal institutional environment of a country. We compute the latent quality of legal, political and economic institutions for every country in the world and for every year. On this basis,we propose a legal, political and economic World Institutional Quality Ranking, through which we can follow whether a country is improving or worsening its relative institutional environment. The calculated latent institutional quality measures can be especially useful in further panel data applications and add to the usual practice of using simply one or another index of institutional quality to capture the institutional environment. We make the Institutional Quality Dataset, covering up to 197 countries and territories from 1990 to 2010, freely available online.
Jezik:
Angleški jezik
Ključne besede:
institucije
,
klasifikacija
,
kakovost
,
indikatorji
Vrsta gradiva:
Delo ni kategorizirano
Tipologija:
1.01 - Izvirni znanstveni članek
Organizacija:
FDV - Fakulteta za družbene vede
Leto izida:
2014
Št. strani:
Str. 135-161
Številčenje:
Vol. 10, no. 1
PID:
20.500.12556/RUL-83259
UDK:
061.27:005.336.3
ISSN pri članku:
1744-1374
DOI:
10.1017/S1744137413000192
COBISS.SI-ID:
32093277
Datum objave v RUL:
17.08.2016
Število ogledov:
2091
Število prenosov:
216
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Objavi na:
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Naslov:
Journal of institutional economics
Založnik:
Cambridge University Press
ISSN:
1744-1374
COBISS.SI-ID:
514456089
Sekundarni jezik
Jezik:
Angleški jezik
Ključne besede:
institutions
,
classification
,
quality
,
indicators
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