An application of growth diagnostics on the growth of firms: with evidence from Kosovo firms

Journal of Innovation and Entrepreneurship

A Systems View Across Time and Space

Table 2 The quality of institutions—Balkans countries

	Percentile rank (0–100)
	Year	Alb	Cro	Kos	FYROM	Mntg	Srb	Rank
Voice and accountability	2007	51.44	61.54	36.54	55.29	55.77	56.73
Voice and accountability	2012	50.24	63.51	42.18	49.76	56.4	55.92	6
Political stability and absence of violence/terrorism	2007	37.98	67.31		30.29	48.08	25.48
Political stability and absence of violence/terrorism	2012	39.81	64.45	15.17	33.18	63.98	38.86	6
Government effectiveness	2007	42.23	68.93	48.06	49.51	50.49	47.09
Government effectiveness	2012	44.98	72.25	41.63	51.67	59.81	50.72	6
Regulatory quality	2007	55.83	65.53	54.85	56.8	50.49	40.78
Regulatory quality	2012	56.46	66.51	52.63	61.24	53.11	50.72	5
Rule of law	2007	27.75	55.02	24.4	39.71	49.28	37.32
Rule of law	2012	35.07	59.72	35.55	47.87	55.45	44.08	5
Control of corruption	2007	29.61	59.22	23.79	44.66	48.54	45.63
Control of corruption	2012	26.79	57.42	30.14	59.33	55.02	48.33	5

Source: Kaufmann, Kraay, and Mastruzzi. The Worldwide Governance Indicators: Methodology and Analytical Issues. These indicators are available at: www.govindicators.org
Note: The indicators are a research dataset summarising the views of the quality of governance provided by a large number of enterprise, citizen and expert survey respondents in industrial and developing countries. This data are gathered by a number of survey institutes, think tanks, non-governmental organisations, international organisations and private sectors firms. The WGI do not necessarily reflect the WB views