Proceedings of the 23rd Asian Forum of Business Education(AFBE 2019)

Good Governance and Economic Growth: Empirical Evidence from ASEAN 10

Authors
Ferry Prasetyia
Corresponding Author
Ferry Prasetyia
Available Online 9 June 2020.
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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Volume Title
Proceedings of the 23rd Asian Forum of Business Education(AFBE 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
9 June 2020
ISBN
978-94-6252-977-9
ISSN
2352-5428
DOI
10.2991/aebmr.k.200606.065How to use a DOI?
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/).

Cite this article

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  -