Investor Protections and Economic Growth

Article English OPEN
Haidar, Jamal Ibrahim (2009)
  • Subject: Production E230 [Macroeconomics] | Financial Markets and the Macroeconomy E440 | Government Policy and Regulation G180 [General Financial Markets] | Financial Markets [Economic Development] | Saving and Capital Investment | Corporate Finance and Governance O160 | Measurement of Economic Growth | Aggregate Productivity | Cross-Country Output Convergence O470

Using objective measures of investor protections in 170 countries, I establish that the level of investor protection matters for cross-country differences in GDP growth: countries with stronger protections tend to grow faster than those with poor investor protections.
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