Relating Economic Infrastructure Indexes To Investor Protection For Selected Emerging Economies

Document Type

Article

Publication Date

1-1-2012

Department

Political Science, International Development, and International Affairs

School

Social Science and Global Studies

Abstract

This paper employs four indexes that capture economic infrastructure. Economic infrastructure refers to the quality of economic institutions that create an environment that may support productive activities and encourage capital accumulation. A second set of indicator variables used was related to investor protection, which includes rule of law, judicial efficiency, contract repudiation and expropriation risk. Multiple and single regressions were employed to find out whether economic infrastructure is associated with investor protection. The results are robust in that relationships hold well. Countries included for analysis were 17 market-oriented emerging economies.

Publication Title

Journal of Economics and Finance

Volume

36

Issue

1

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