Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/128570
Authors: 
Hamanaka, Shintaro
Tafgar, Aiken
Ico, Ronald
Year of Publication: 
2015
Series/Report no.: 
ADB Economics Working Paper Series 454
Abstract: 
Governance is one of the key factors that shape the economic performance of an economy in terms of economic and trade growth. However, accurately measuring the quality of governance is not an easy task. Research typically uses governance indicators from surveys, which may have biases and inherent errors. In this paper, we attempt to construct an alternative governance indicator, which is free from perception and subjective biases. Our exercise is based on the inference that economies with good trade governance can compile high quality trade statistics; the latter being a close proxy for the former. This study comes up with a global ranking of the quality of (trade) governance. The paper also compares our bias-free indicator against existing survey governance indicators.
Subjects: 
bias
corruption
governance
indicators
perception
survey
trade
JEL: 
F14
F15
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/3.0/igo/
Document Type: 
Working Paper

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