Private Sector Development and Governance

27 Pages Posted: 23 Jul 2015

See all articles by Freda Asem

Freda Asem

Independent

Matthias Busse

Ruhr-University Bochum

Robert Darko Osei

University of Ghana - Institute of Statistical, Social and Economic Research (ISSER)

Magdalene Silberberger

University Witten/Herdecke

Date Written: July 22, 2014

Abstract

In the past few years economic research has empirically established the link between “good” regulation and development and there is a broad consensus over the fact that regulatory quality matters for economic growth. Up to now, however, there has not been much research on the determinants of regulation, since this link is difficult to establish empirically to data restrictions and methodological issues. In our panel data analysis with over 100 countries for the period from 1970 to 2005 we find some evidence that the private sector, especially foreign direct investment, plays a significant role in regulatory making.

Keywords: Institutions, Regulations, Private Sector, Trade, FDI

JEL Classification: L51, O55, F19, F20

Suggested Citation

Asem, Freda and Busse, Matthias and Osei, Robert Darko and Silberberger, Magdalene, Private Sector Development and Governance (July 22, 2014). Available at SSRN: https://ssrn.com/abstract=2634369 or http://dx.doi.org/10.2139/ssrn.2634369

Freda Asem

Independent ( email )

Matthias Busse

Ruhr-University Bochum ( email )

Faculty of Management and Economics, GC 3/145
D-44780 Bochum, DE 44780
Germany

Robert Darko Osei

University of Ghana - Institute of Statistical, Social and Economic Research (ISSER) ( email )

P.O BOX LG 74
Legon
Ghana

Magdalene Silberberger (Contact Author)

University Witten/Herdecke ( email )

Alfred-Herrhausen-Straße 50
Witten, 58448
Germany
+49 (0)2302 / 926-509 (Phone)

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