{"id":"https://openalex.org/W7225452345","doi":"https://doi.org/10.38035/gijlss.v4i5.924","title":"Law and Economic Performance: An Analysis of Regulatory Frameworks and Market Efficiency","display_name":"Law and Economic Performance: An Analysis of Regulatory Frameworks and Market Efficiency","publication_year":2026,"publication_date":"2026-11-07","ids":{"openalex":"https://openalex.org/W7225452345","doi":"https://doi.org/10.38035/gijlss.v4i5.924"},"language":"en","primary_location":{"id":"doi:10.38035/gijlss.v4i5.924","doi":"https://doi.org/10.38035/gijlss.v4i5.924","is_oa":true,"landing_page_url":"https://doi.org/10.38035/gijlss.v4i5.924","pdf_url":"https://research.e-greenation.org/GIJLSS/article/download/924/1099","source":{"id":"https://openalex.org/S5407041054","display_name":"Greenation International Journal of Law and Social Sciences","issn_l":"2986-3155","issn":["2986-3155","2986-3856"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Greenation International Journal of Law and Social Sciences","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://research.e-greenation.org/GIJLSS/article/download/924/1099","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5051294857","display_name":"Ludia Panggalo","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I4405274120","display_name":"STIE Jambatan Bulan","ror":"https://ror.org/013xasq49","country_code":"ID","type":"education","lineage":["https://openalex.org/I4405274120"]}],"countries":["ID"],"is_corresponding":true,"raw_author_name":"Ludia Panggalo","raw_affiliation_strings":["Institut Jambatan Bulan, Mimika, Indonesia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Institut Jambatan Bulan, Mimika, Indonesia","institution_ids":["https://openalex.org/I4405274120"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5051294857"],"corresponding_institution_ids":["https://openalex.org/I4405274120"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":true,"cited_by_count":0,"citation_normalized_percentile":{"value":0.0,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"4","issue":"5","first_page":"1930","last_page":"1939"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10438","display_name":"Energy, Environment, Economic Growth","score":0.29170000553131104,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10438","display_name":"Energy, Environment, Economic Growth","score":0.29170000553131104,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12922","display_name":"Business and Economic Development","score":0.06729999929666519,"subfield":{"id":"https://openalex.org/subfields/2308","display_name":"Management, Monitoring, Policy and Law"},"field":{"id":"https://openalex.org/fields/23","display_name":"Environmental Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T12446","display_name":"Economic Growth and Fiscal Policies","score":0.05810000002384186,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/green-infrastructure-investment","display_name":"green infrastructure investment","score":0.9010000228881836},{"id":"https://openalex.org/keywords/environmental-quality","display_name":"environmental quality","score":0.9010000228881836},{"id":"https://openalex.org/keywords/economic-performance","display_name":"economic performance","score":0.9570000171661377},{"id":"https://openalex.org/keywords/legal-certainty","display_name":"legal certainty","score":0.996999979019165},{"id":"https://openalex.org/keywords/market-efficiency","display_name":"market efficiency","score":1.0},{"id":"https://openalex.org/keywords/institutional-quality","display_name":"institutional quality","score":0.8989999890327454}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6380000114440918},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.5949000120162964},{"id":"https://openalex.org/C2779530757","wikidata":"https://www.wikidata.org/wiki/Q1207505","display_name":"Quality (philosophy)","level":2,"score":0.5688999891281128},{"id":"https://openalex.org/C552854447","wikidata":"https://www.wikidata.org/wiki/Q131201","display_name":"Sustainable development","level":2,"score":0.564300000667572},{"id":"https://openalex.org/C109332788","wikidata":"https://www.wikidata.org/wiki/Q615445","display_name":"Economic efficiency","level":2,"score":0.5396000146865845},{"id":"https://openalex.org/C70798638","wikidata":"https://www.wikidata.org/wiki/Q4575211","display_name":"Environmental quality","level":2,"score":0.4722999930381775},{"id":"https://openalex.org/C119693030","wikidata":"https://www.wikidata.org/wiki/Q2180497","display_name":"Economic model","level":2,"score":0.4546000063419342},{"id":"https://openalex.org/C71104824","wikidata":"https://www.wikidata.org/wiki/Q1476639","display_name":"Structural equation modeling","level":2,"score":0.40549999475479126},{"id":"https://openalex.org/C134560507","wikidata":"https://www.wikidata.org/wiki/Q753291","display_name":"Environmental economics","level":1,"score":0.39590001106262207},{"id":"https://openalex.org/C178411942","wikidata":"https://www.wikidata.org/wiki/Q622657","display_name":"Market failure","level":2,"score":0.3391000032424927},{"id":"https://openalex.org/C100001284","wikidata":"https://www.wikidata.org/wiki/Q2248246","display_name":"Public economics","level":1,"score":0.336899995803833},{"id":"https://openalex.org/C2779029474","wikidata":"https://www.wikidata.org/wiki/Q49094488","display_name":"Legal certainty","level":2,"score":0.33079999685287476},{"id":"https://openalex.org/C22354355","wikidata":"https://www.wikidata.org/wiki/Q422009","display_name":"Partial least squares regression","level":2,"score":0.3215000033378601},{"id":"https://openalex.org/C2778556080","wikidata":"https://www.wikidata.org/wiki/Q5603535","display_name":"Green growth","level":3,"score":0.3192000091075897},{"id":"https://openalex.org/C7493553","wikidata":"https://www.wikidata.org/wiki/Q1520777","display_name":"Certainty","level":2,"score":0.3140000104904175},{"id":"https://openalex.org/C2776847301","wikidata":"https://www.wikidata.org/wiki/Q44918","display_name":"Rule of law","level":3,"score":0.31220000982284546},{"id":"https://openalex.org/C6422946","wikidata":"https://www.wikidata.org/wiki/Q857354","display_name":"Panel data","level":2,"score":0.30809998512268066},{"id":"https://openalex.org/C134632028","wikidata":"https://www.wikidata.org/wiki/Q6134482","display_name":"Sustainable growth rate","level":2,"score":0.30309998989105225},{"id":"https://openalex.org/C206772910","wikidata":"https://www.wikidata.org/wiki/Q4420961","display_name":"Simultaneous equations model","level":2,"score":0.2969000041484833},{"id":"https://openalex.org/C74363100","wikidata":"https://www.wikidata.org/wiki/Q273005","display_name":"Economic system","level":1,"score":0.2962999939918518},{"id":"https://openalex.org/C145025406","wikidata":"https://www.wikidata.org/wiki/Q294882","display_name":"Eco-efficiency","level":3,"score":0.28049999475479126},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.2777999937534332},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.274399995803833},{"id":"https://openalex.org/C121087249","wikidata":"https://www.wikidata.org/wiki/Q546395","display_name":"Emerging markets","level":2,"score":0.2646999955177307},{"id":"https://openalex.org/C95986675","wikidata":"https://www.wikidata.org/wiki/Q185168","display_name":"Quantitative analysis (chemistry)","level":2,"score":0.26080000400543213},{"id":"https://openalex.org/C175605778","wikidata":"https://www.wikidata.org/wiki/Q3299701","display_name":"Natural resource economics","level":1,"score":0.2603999972343445},{"id":"https://openalex.org/C190430219","wikidata":"https://www.wikidata.org/wiki/Q576355","display_name":"Endogenous growth theory","level":3,"score":0.258899986743927},{"id":"https://openalex.org/C2779627474","wikidata":"https://www.wikidata.org/wiki/Q2141807","display_name":"Structural adjustment","level":2,"score":0.2574000060558319}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.38035/gijlss.v4i5.924","doi":"https://doi.org/10.38035/gijlss.v4i5.924","is_oa":true,"landing_page_url":"https://doi.org/10.38035/gijlss.v4i5.924","pdf_url":"https://research.e-greenation.org/GIJLSS/article/download/924/1099","source":{"id":"https://openalex.org/S5407041054","display_name":"Greenation International Journal of Law and Social Sciences","issn_l":"2986-3155","issn":["2986-3155","2986-3856"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Greenation International Journal of Law and Social Sciences","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.38035/gijlss.v4i5.924","doi":"https://doi.org/10.38035/gijlss.v4i5.924","is_oa":true,"landing_page_url":"https://doi.org/10.38035/gijlss.v4i5.924","pdf_url":"https://research.e-greenation.org/GIJLSS/article/download/924/1099","source":{"id":"https://openalex.org/S5407041054","display_name":"Greenation International Journal of Law and Social Sciences","issn_l":"2986-3155","issn":["2986-3155","2986-3856"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Greenation International Journal of Law and Social Sciences","raw_type":"journal-article"},"sustainable_development_goals":[{"score":0.48510000109672546,"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W7225452345.pdf","grobid_xml":"https://content.openalex.org/works/W7225452345.grobid-xml"},"referenced_works_count":14,"referenced_works":["https://openalex.org/W3164184374","https://openalex.org/W4315797851","https://openalex.org/W4322629575","https://openalex.org/W4383551991","https://openalex.org/W4393036956","https://openalex.org/W4400060585","https://openalex.org/W4404636915","https://openalex.org/W4409501806","https://openalex.org/W4411538991","https://openalex.org/W4413827133","https://openalex.org/W4413832744","https://openalex.org/W7117107776","https://openalex.org/W7124162032","https://openalex.org/W7134039377"],"related_works":["https://openalex.org/W7216016220","https://openalex.org/W4396751605","https://openalex.org/W4410332555","https://openalex.org/W7203746503","https://openalex.org/W2180174889","https://openalex.org/W2141328219","https://openalex.org/W4416833944","https://openalex.org/W7098654914","https://openalex.org/W7161639851","https://openalex.org/W6888781628"],"abstract_inverted_index":{"This":[0],"study":[1],"examines":[2],"the":[3,24,150,184,187],"drivers":[4],"of":[5,26,153,189],"sustainable":[6,144,157,198],"regional":[7],"economic":[8,11,137,147,178,201],"growth":[9,158],"and":[10,39,56,81,93,114,136,149,175,193,199],"performance":[12,148,179],"through":[13,180],"two":[14],"complementary":[15],"structural":[16,82,97],"models":[17],"analyzed":[18],"using":[19],"SmartPLS.":[20],"Model":[21,45,112,120,123,166],"1":[22],"evaluates":[23],"role":[25],"Green":[27],"Infrastructure":[28],"Investment":[29],"(GII)":[30],"in":[31,111],"influencing":[32],"Environmental":[33],"Quality":[34,51],"(EQ),":[35],"Economic":[36,42,61],"Performance":[37],"(EP),":[38],"Sustainable":[40],"Regional":[41],"Growth":[43],"(SREG).":[44],"2":[46],"explores":[47],"how":[48],"Regulatory":[49],"Framework":[50],"(RFQ),":[52],"Legal":[53],"Certainty":[54],"(LC),":[55],"Market":[57],"Efficiency":[58],"(ME)":[59],"affect":[60],"Performance.":[62],"A":[63],"quantitative":[64],"approach":[65],"based":[66],"on":[67,133,156],"Partial":[68],"Least":[69],"Squares":[70],"Structural":[71],"Equation":[72],"Modeling":[73],"(PLS-SEM)":[74],"is":[75],"employed":[76],"to":[77,118,196],"assess":[78],"both":[79],"measurement":[80],"relationships.":[83],"The":[84,96],"results":[85],"indicate":[86],"that":[87],"all":[88],"constructs":[89],"demonstrate":[90],"strong":[91,100,130],"reliability":[92],"convergent":[94],"validity.":[95],"model":[98],"demonstrates":[99],"explanatory":[101],"power,":[102],"with":[103],"-square":[104],"values":[105],"exceeding":[106],"0.98":[107],"across":[108],"endogenous":[109],"variables":[110],"1,":[113,124],"ranging":[115],"from":[116],"0.898":[117],"0.966in":[119],"2.":[121],"In":[122,165],"green":[125,154],"infrastructure":[126],"investment":[127,155,192],"has":[128],"a":[129],"positive":[131],"impact":[132],"environmental":[134,140,191],"quality":[135,141,170,195],"performance,":[138],"while":[139],"significantly":[142],"enhances":[143],"growth.":[145],"However,":[146],"direct":[151],"effect":[152],"show":[159],"negative":[160],"relationships,":[161],"indicating":[162],"short-term":[163],"trade-offs.":[164],"2,":[167],"regulatory":[168],"framework":[169],"strongly":[171],"influences":[172],"legal":[173],"certainty":[174],"indirectly":[176],"improves":[177],"market":[181],"efficiency.":[182],"Overall,":[183],"findings":[185],"highlight":[186],"importance":[188],"integrating":[190],"institutional":[194],"achieve":[197],"efficient":[200],"development.":[202]},"counts_by_year":[],"updated_date":"2026-11-09T13:22:03.289127","created_date":"2026-11-08T00:00:00"}
