Good Governance and Economic Growth: Empirical Evidence from ASEAN 10

DOI

10.2991/aebmr.k.200606.065How to use a DOI?

Keywords

good governance, economic growth, ASEAN

Abstract

The objectives of this paper is to analyze the effect of good governance on the growth of economic in ASEAN countries from 2014 to 2018. The good governance variables use World Bank’ governance indicators which consist of six indicators. The six indicators includes: control of corruption, voice and accountability, political stability, rule of law, regulatory quality, government effectiveness. Using regression for panel data, this paper finds that only government effectiveness, and rule of law variable have a positive and significant effect on economic growth. This result indicates that the rule of law and government effectiveness is expected to ensure that the government runs good governance. Thus, it is expected to have a significant impact on the economic growth.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Ferry Prasetyia
PY  - 2020
DA  - 2020/06/09
TI  - Good Governance and Economic Growth: Empirical Evidence from ASEAN 10
BT  - Proceedings of the 23rd Asian Forum of Business Education(AFBE 2019)
PB  - Atlantis Press
SP  - 376
EP  - 383
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200606.065
DO  - 10.2991/aebmr.k.200606.065
ID  - Prasetyia2020
ER  -