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Governance and Corruption Worldwide : Empirical Evdience and Lessons for Policy

By Kaufmann, Daniel

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Book Id: WPLBN0000003363
Format Type: PDF eBook
File Size: 0.4 MB
Reproduction Date: 2005

Title: Governance and Corruption Worldwide : Empirical Evdience and Lessons for Policy  
Author: Kaufmann, Daniel
Volume:
Language: English
Subject: Economics, Finance & business, World Bank.
Collections: Economics Publications Collection
Historic
Publication Date:
Publisher: The World Bank

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Kaufmann, D. (n.d.). Governance and Corruption Worldwide : Empirical Evdience and Lessons for Policy. Retrieved from http://hawaiilibrary.net/


Description
Economics

Excerpt
Building Aggregate Governance Indicators -- Use Unobserved Components Model (UCM) to construct composite governance indicators, and margins of error for each country -- Estimate of governance: weighted averageof observed scores for each country, re-scaled to common units -- Weights are proportional to precisionof underlying data sources -- Precision depends on how strongly individual sources are correlated with each other -- Margins of error reflect (a) number of sourcesin which a country appears, and (b) the precision of those sources...

 

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