Response to ‘What do the Worldwide Governance Indicators Measure?’
Author(s) -
Daniel Kaufmann,
Aart Kraay,
Massimo Mastruzzi
Publication year - 2010
Publication title -
european journal of development research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.441
H-Index - 47
eISSN - 1743-9728
pISSN - 0957-8811
DOI - 10.1057/ejdr.2009.49
Subject(s) - construct (python library) , construct validity , corporate governance , measure (data warehouse) , positive economics , development studies , political science , economics , psychology , computer science , management , psychometrics , data mining , law , clinical psychology , programming language
Thomas (2009) dismisses the Worldwide Governance Indicators (WGI) as an "elaborate and unsupported hypothesis" because of the failure to demonstrate the "construct validity" of these indicators. We argue that "construct validity" is not a useful tool to assess the merits of the WGI, and even if it were, Thomas provides no evidence of any practical consequences of failure to meet the criteria of construct validity.
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