THE DETERMINANTS OF INSTITUTIONAL QUALITY. MORE ON THE DEBATE

This paper provides new evidences about the determinants of institutional quality. Prior to implementing our empirical research, we discuss the criteria that should be used to judge the quality of institutions. Then, we identify the factors that, according to these criteria, determine institutional...

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Bibliographic Details
Published in:Journal of international development 2013-03, Vol.25 (2), p.206-226
Main Authors: Alonso, José Antonio, Garcimartín, Carlos
Format: Article
Language:English
Subjects:
Determinants
Development economics
Education
Empirical research
Income distribution
institutional quality
Judgement
Judges
Quality
Quality of work
Revenue
Site planning
Society
Studies
Tax revenues
Tax systems
taxes
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Summary:This paper provides new evidences about the determinants of institutional quality. Prior to implementing our empirical research, we discuss the criteria that should be used to judge the quality of institutions. Then, we identify the factors that, according to these criteria, determine institutional quality. The results obtained in the estimated model enable to draw some interesting conclusions. Firstly, development level determines institutional quality: the highest the former, the highest the latter. Secondly, income distribution conditions institutional quality. Thirdly, a sound tax system is positively associated with institutional quality improvement. Taxes provide the necessary revenue to generate quality institutions and create a narrower and more demanding relation between State and citizens. Finally, education improves institutional quality. Copyright © 2010 John Wiley & Sons, Ltd.
ISSN:0954-1748
1099-1328
DOI:10.1002/jid.1710