The good governance indicators of the millennium challenge account
Knoll, Martin ;  Zloczysti, Petra ;  ;  Universität <Berlin, Freie Universität> / Fachbereich Wirtschaftswissenschaft

Main titleThe good governance indicators of the millennium challenge account
Subtitlehow many dimensions are really being measured
AuthorKnoll, Martin
AuthorZloczysti, Petra
EditorUniversität <Berlin, Freie Universität> / Fachbereich Wirtschaftswissenschaft
No. of Pages34 S.
Series ; 2011,2 : Economics
Classification (DDC)337 International economics
AbstractThis paper assesses the validity of the perception-based governance indicators used by the US Millennium Challenge Account (MCA) for aid allocation decisions. By conducting Explanatory and Confirmatory Factor Analysis of data from 1996 to 2009, we find that although the MCA purports to measure seven distinct dimensions of governance, only two discrete underlying dimensions, the ‘participatory dimension of governance’ and the ‘overall quality of governance,’ can be identified. Our results also show that some of the doubts that have been raised concerning the validity of perception-based governance indicators are less warranted when the indicators are applied exclusively to developing countries.
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FU DepartmentJohn-F.-Kennedy-Institute, Department of Economics
Year of publication2011
Type of documentBook
Terms of use/Rights Nutzungsbedingungen
Created at2011-02-16 : 01:48:39
Last changed2016-01-05 : 02:38:23
Static URLhttp://edocs.fu-berlin.de/docs/receive/FUDOCS_document_000000009442