Composite versus Disaggregated Governance and Sustainable Development: A Cross-Country Panel Analysis of Multicollinearity and the Apparent Sign Reversal of Regulatory Quality (2016–2023)
Cross-country research on governance and sustainable development frequently draws on the Worldwide Governance Indicators (WGI) and increasingly seeks to identify the distinct contribution of regulatory quality. This study examines whether such disaggregation is statistically advisable using a country-year panel of 160...