Abstract
The concepts of good governance and effective government have been at the top of the public management agenda over the last decade. Good governance is seen as a central factor in growth and development. The aim of this paper was to analyse the relationships between effective government and predicting variables including GDP per capita, HDI, government spending, accountability, corruption control, political stability and rule of law. A quantitative econometric modelling methodology was utilized for the determination of long and short-run relationships using an ARDL model. Although a long-run relationship was established, of more importance was the short-run causality relationship. It was found that in most cases, effective governance causes changes in the other variables in the model. Effective government leads to strong public institutions. The results of this study, as well as the literature review, indicate effective government plays an important role in economic growth and development.
Original language | English |
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Pages (from-to) | 206-217 |
Number of pages | 12 |
Journal | Polish Journal of Management Studies |
Volume | 18 |
Issue number | 1 |
DOIs | |
Publication status | Published - 31 Dec 2018 |
Externally published | Yes |
Keywords
- Effective government
- Good governance
- Poland
- Public management
ASJC Scopus subject areas
- Business and International Management
- Strategy and Management
- Organizational Behavior and Human Resource Management