Economics Asked by NoviceMindset on August 9, 2021
Normally, we control for geography variables in some economic studies. However, in the study examining how well the government implements the laws and orders, my advisor told me that we can think of the "geopolitical variables".
From Reynaud(2008), geopolitic is
Geopolitics traditionally indicates the links and causal relationships
between political power and geographic space; in concrete terms it is
often seen as a body of thought assaying specific strategic
prescriptions based on the relative importance of land power
In another word, "Geopolitics" is how geographical factor affects the national behaviors. More specific, geopolitic examines some factors as: geography, natural resources, population,… affects a country’s foreign policy and the position of this country in international system
I am wondering if there is any popular geopolitical variable in published resource?
The choice of variables will depend on what, exactly, you try to model. Social policies, economic policies, etc?
A key resource are the world bank's world development indicators. You find indices there regarding the regulatory environment, human capital, social protection, etc.
One of the better known indicators is the "Ease of doing business" one, also from the world bank.
The world bank has also indicators dedicated specifically to the rule of law/governance here, such as "rule of law" & "government effectiveness".
Regarding Covid-Restrictions: check out the government response tracker (also called stringency index) by the Blavatnik School of Governance.
Correct answer by BrsG on August 9, 2021
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