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This dissertation produces a new set of orthogonal governance measures based on expert assessment data. Chapter 1 constructs the measures using a factor model. Chapter 2 applies the measures to study comparative economic development. Chapter 3 conducts a number of robustness checks on results from the first two chapters. Chapter 4 uses Monte Carlo experiments to assess potential inaccuracy in my governance measures caused by the application of the maximum-likelihood estimator to polytomous data.
Advisor: | Murrell, Peter, Chao, John |
Commitee: | Aruoba, Boragan, Hancock, Gregory, Korinek, Anton |
School: | University of Maryland, College Park |
Department: | Economics |
School Location: | United States -- Maryland |
Source: | DAI-A 72/04, Dissertation Abstracts International |
Source Type: | DISSERTATION |
Subjects: | Law, Economics, Economic history |
Keywords: | Development, Economic development, Economic institutions, Governance, Law, Law and economics |
Publication Number: | 3443558 |
ISBN: | 978-1-124-48661-1 |