Sustainability 2014, 6(4), 2248-2263; doi:10.3390/su6042248
Government Governance, Legal Environment and Sustainable Economic Development
1
School of Economics and Business Administration, Chongqing University, No. 174 Shazhengjie, Shapingba District, Chongqing 400030, China
2
College of Economics, Guizhou University, Huaxi District, Guizhou Province, 550025 Guiyang, China
*
Author to whom correspondence should be addressed.
Received: 29 January 2014 / Revised: 7 April 2014 / Accepted: 8 April 2014 / Published: 16 April 2014
(This article belongs to the Section Economic, Business and Management Aspects of Sustainability)
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Abstract
Based on China’s inter-provincial panel data from 1999–2009, this paper has tested the impact and extent of marketization, government governance, and legal environment of sustainable economic development by controlling physical capital, human capital and productivity, so as to find the institutional reality for the difference in China’s economic development and another explanation for it. It turns out that marketization, government governance, and legal environment play significant roles in promoting sustainable economic development. Further tests show that the results of Eastern China are consistent with China’s inter-provincial results; while in Western China, the promotion effect of marketization, government governance, and legal environment on sustainable economic development is not significant. View Full-Text
This is an open access article distributed under the Creative Commons Attribution License (CC BY 3.0).
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Wei, F.; Kong, Y. Government Governance, Legal Environment and Sustainable Economic Development. Sustainability 2014, 6, 2248-2263.
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