Category: R-Programming
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This post examines whether the Worldwide Governance Indicators' (WGI) rule of law measure provides a reasonable proxy for the World Justice Project's (WJP) Rule of Law Index, such as when analysis might benefit from the WGI's availability for more countries over a longer period. Results suggest the two measures broadly agree with one another when making cross-country comparisons, but care is warranted for country-level estimates where it's likely to be more difficult to differentiate measurement noise from genuine changes in the quality of institutions.