The Relationship Amongst Countries’ Governance, Energy and Sustainable Development

Journal of Modern Accounting and Auditing, v. 7, n. 3, pp. 252 - 264, mar 2011

22 Pages Posted: 9 May 2012

See all articles by Valdir Lameira

Valdir Lameira

INESC Coimbra

Jean E. Harris

Pennsylvania State University - School of Business Administration

Osvaldo Quelhas

affiliation not provided to SSRN

Roberto Pereira

Fluminense Federal University

Date Written: March 1, 2011

Abstract

In this paper we construct a theoretical framework linking governance practiced by some countries to some of their economical, financial, social and environmental variables. To achieve this goal, we selected a sample of data composed of variables from 55 countries, available at the World Bank website. On the other hand, we measured the countries' level of governance by the indicator promoted by Transparency International. The period considered in this research was 8 years, from 2000 to 2008. We used the method of linear regression with panel data, in order to investigate statistical relationships among governance and the other variables. We applied the method of simultaneous equations in order to make a robustness test on the first results and findings. The results of the two models converged and showed the existence of a statistical significant relationship between governance and several of the variables investigated. This allows us to infer that the development of the countries governance is closely linked with the long-term sustainable development.

Keywords: Governance, sustainable development, linear regressions, structural equations

JEL Classification: Q40, C30

Suggested Citation

Lameira, Valdir and Harris, Jean E. and Quelhas, Osvaldo and Pereira, Roberto, The Relationship Amongst Countries’ Governance, Energy and Sustainable Development (March 1, 2011). Journal of Modern Accounting and Auditing, v. 7, n. 3, pp. 252 - 264, mar 2011. Available at SSRN: https://ssrn.com/abstract=2054606

Valdir Lameira (Contact Author)

INESC Coimbra ( email )

Rua Antero de Quental, 199, Coimbra
Coimbra, Coimbra 3000-033
Portugal

Jean E. Harris

Pennsylvania State University - School of Business Administration ( email )

777 West Harrisburg Pike
Middletown, PA 17057-4898
United States
717-948-6157 (Phone)
717-948-6456 (Fax)

Osvaldo Quelhas

affiliation not provided to SSRN ( email )

Roberto Pereira

Fluminense Federal University ( email )

Rua Miguel de Frias, 9
Icaraí
Niterói, 24220-900
Brazil

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