Investor Protections and Economic Growth
8 Pages Posted: 26 Mar 2008 Last revised: 1 Dec 2009
Using objective measures of investor protections in 170 countries, I establish that the level of investor protection matters for cross-country differences in GDP growth: countries with stronger protections tend to grow faster than those with poor investor protections.
Keywords: corporate governance, investor protection, self-dealing, growth
JEL Classification: G3, K
Suggested Citation: Suggested Citation