A. Kraay - Other Publications

• Institutions and Governance
• Growth, Inequality, and Poverty
• Trade and Growth
• Debt, Aid, and Growth
• International Capital Flows
• Other Papers

Please visit www.govindicators.org for more information on the Worldwide Governance Indicators project, as well as web-based data access

• Governance Matters VIII: Aggregate and Individual Governance Indicators 1996-2008, with D. Kaufmann and M. Mastruzzi, World Bank Policy Research Working Paper No. 4978 (2009).
• Governance Matters VII: Aggregate and Individual Governance Indicators 1996-2007, with D. Kaufmann and M. Mastruzzi, World Bank Policy Research Working Paper No. 4654 (2008).
  • Dataset
• Governance Indicators: Where Are We, And Where Should We Be Going?  with D. Kaufmann,  World Bank Research Observer (2008).
• Governance Matters VI: Aggregate and Individual Governance Indicators 1996-2006, with D. Kaufmann and M. Mastruzzi, World Bank Policy Research Working Paper No. 4280 (2007).
• The Worldwide Governance Indicators Project: Answering the Critics, with D. Kaufmann and M. Mastruzzi, World Bank Policy Research Working Paper No. 4149 (2007).
• Governance Matters V: Aggregate and Individual Governance Indicators 1996-2005, with D. Kaufmann and M. Mastruzzi, World Bank Policy Research Working Paper No. 4012 (2006).
• Measuring Governance Using Perceptions Data, with D. Kaufmann and M. Mastruzzi,  in Edward Elgar Handbook of Economic Corruption,  S. Rose-Ackerman (ed.) (forthcoming).
• Governance Matters IV: Governance Indicators for 1996-2004, with D. Kaufmann and M. Mastruzzi,  World Bank Policy Research Working Paper No. 3630 (2005).
  • Appendices
• Governance Matters III: Governance Indicators for 1996-2002, with D. Kaufmann and M. Mastruzzi, World Bank Economic Review (2004).
• Growth without Governance, with D. Kaufmann, Economia (2002).
• Governance Matters II: Updated Governance Indicators for 2000-01, with D. Kaufmann and P. Zoido-Lobatón, World Bank Policy Research Working Paper No. 2772. (2002).
• Aggregating Governance Indicators, with D. Kaufmann and P. Zoido-Lobatón, World Bank Policy Research Working Paper No. 2195 (1999).
  • This project has prompted various critiques that are addressed here
    • Growth and Governance: A Reply, Journal of Politics, Vol. 69:2, pp.553-560 (May 2007).
    • Growth and Governance: A Rejoinder, Journal of Politics, Vol. 69:2, pp. 568-570 (May 2007).
    • The Wordwide Governance indicators Project: Answering the Critics
    • Response to "What Do the Worldwide Governance Indicators Measure?",  European Journal of Development Research (forthcoming).

• The Welfare Effects of a Large Depreciation: The Case of Egypt 2000-2005,  in The Egyptian Economy: Current Challenges and Future Prospects, H. Kheir-El-Din (ed.), (2008).
• When Is Growth Pro-Poor? Cross-Country Evidence. Journal of Development Economics (2006).
• Growth is Good for the Poor,  with D. Dollar, Journal of Economic Growth (2002).
  • Dataset (Excel format, 397kb)
  • Dataset (Zip file, 121kb) 
  • A short summary appeared in Development Outreach (2000) 
    • One of many critiques of this paper   | Our response 
    • Another of many critiques of this paper |  Our response
• Spreading the Wealth, with D. Dollar. Foreign Affairs (2001).

• Trade, Growth, and Poverty, with D. Dollar, The Economic Journal, Vol. 114:493, pp. F22-F49(1) (2004).
  • A short summary appeared in Finance and Development (2001)
    • This summary prompted the following comment   | Our response
    • Here is another unpublished critique from Oxfam | Our response 
• Institutions, Trade and Growth, with D. Dollar, Carnegie Rochester Conference Series on Public Policy. (2002).
  • Dataset (Excel format, 472kb)
  • Dataset (Zip file, 149kb)
• Trade Integration and Risk Sharing, with J. Ventura, European Economic Review (2002)
• Institutions, Trade, and Growth: Revisiting the Evidence, with David Dollar, World Bank Policy Research Working Paper No. 3004. (2003).

• Does IDA Engage in Defensive Lending? with C. Geginat, World Bank Policy Research Working Paper No. 4328 (2007).
• Who Gets Debt Relief?, with N. Chauvin, Journal of the European Economic Association, Vol. 5:2-3, pp.333-342 (2007).
• What Has 100 Billion Dollars Worth of Debt Relief Done for Low Income Countries, with N. Chauvin, mimeo, The World Bank (2005). 
• When Is External Debt Sustainable? with V. Nehru, World Bank Economic Review. (2006).
• Poverty Traps, Aid, and Growth,  with C. Raddatz, Journal of Development Economics, Vol. 82:2, pp. 315-347 (2007).
• Aid, Growth, and Poverty, in The Macroeconomic Management of Foreign Aid, P. Isard et. al. (eds.), Washington:  International Monetary Fund (2006).

• The Dot-Com Bubble, the Bush Deficits, and the US Current Account,  with J. Ventura, NBER Conference Volume on Current Account Imbalances in G7 Countries, R. Clarida (ed.)(forthcoming).
• Neither a Borrower Nor a Lender : Does China's Zero Net Foreign Asset Position Make Economic Sense? with D. Dollar, Journal of Monetary Economics (2006).
• Country Portfolios, with N. Loayza, L. Servén and J. Ventura, Journal of the European Economic Association, Vol. 3(4):914-945. (June 2005).
• Current Accounts in the Long and Short Run, with J. Ventura, NBER Macro Annual. (2002).
• Do High Interest Rates Defend Currencies during Speculative Attacks? Journal of International Economics, (2002).
• Current Accounts in Debtor and Creditor Countries, with J. Ventura, Quarterly Journal of Economics. (2000).
  • Here we respond to a recent critique of this paper forthcoming in the Journal of International Economics

• Instrumental Variables Regressions with Uncertain Exclusion Restrictions: A Bayesian Approach, Journal of Applied Econometrics (forthcoming).
  • For a tabulation of the posterior distribution of the structural slope coefficient for various degrees of uncertainty about the exclusion restriction, click here.
• Comparative Advantage and the Cross-Section of Business Cycles,  with J. Ventura, Journal of the European Economic Association (forthcoming).
• Product Quality, Productive Efficiency and International Technology Diffusion,  with I. Soloaga and J. Tybout, in Global Integration and Technology Transfer,  B. Hoekman and B. Javorcik, (eds.) (2006).
• Product Prices and the OECD Cycle, with J. Ventura,  B.E. Journals in Macroeconomics, Advances in Macroeconomics (2002).
• Household Saving in China, World Bank Economic Review (2000).
• Exports and Economic Performance: Evidence from a Panel of Chinese Enterprises. Revue d’Economie du Dévelopement (1999).
• Small States, Small Problems, with W. Easterly, World Development (1999).
• Consistent Covariance Matrix Estimation with Spatially-Dependent Panel Data, with J. Driscoll, Review of Economics and Statistics (1998).
• Growth Forecasts Using Time Series and Growth Models, with G. Monokroussos, World Bank Policy Research Working Paper No. 2224 (1998).
• In Search of the Macroeconomic Effects of Capital Account Liberalization(1998).