Investor Protections and Economic Growth

Haidar, Jamal Ibrahim

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Investor Protections and Economic Growth

Economics Letters, Vol. 103, No. 1, 2009

8 Pages Posted: 26 Mar 2008 Last revised: 1 Dec 2009

See all articles by Jamal Ibrahim Haidar

Jamal Ibrahim Haidar

Harvard University

Abstract

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.

Keywords: corporate governance, investor protection, self-dealing, growth

JEL Classification: G3, K

Suggested Citation: Suggested Citation

Haidar, Jamal Ibrahim, Investor Protections and Economic Growth. Economics Letters, Vol. 103, No. 1, 2009, Available at SSRN: https://ssrn.com/abstract=1112143