Abstract
This paper employs four indexes that capture economic infrastructure. Economic infrastructure refers to the quality of economic institutions that create an environment that may support productive activities and encourage capital accumulation. A second set of indicator variables used was related to investor protection, which includes rule of law, judicial efficiency, contract repudiation and expropriation risk. Multiple and single regressions were employed to find out whether economic infrastructure is associated with investor protection. The results are robust in that relationships hold well. Countries included for analysis were 17 market-oriented emerging economies.
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Niroomand, F., Nissan, E. Relating economic infrastructure indexes to investor protection for selected emerging economies. J Econ Finan 36, 249–260 (2012). https://doi.org/10.1007/s12197-011-9200-0
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DOI: https://doi.org/10.1007/s12197-011-9200-0