Article(electronic)2006

Corruption, Growth and Political Regimes: Cross Country Evidence

In: European journal of political economy, Volume 22, Issue 1, p. 82-98

Menedz, Fabio; Sepulveda, Facundo

Order using Subito

Checking availability at your location

Abstract

This paper studies the effects of corruption on long-run growth incorporating measures of political freedom as a key determinant of the relationship. Unlike previous empirical studies, we find evidence of a non-monotonic relationship between corruption & growth after controlling for several other economic variables & restricting the sample to those countries considered to be free. Our results indicate that the growth-maximizing level of corruption is significantly greater than zero, with corruption beneficial for economic growth at low levels of incidence & detrimental at high levels of incidence. Tables, Appendixes, References. [Copyright 2005 Elsevier B.V.]

Subjects

State Society RelationshipCorruptionPolitical EconomyEconomic Development

Languages

English

Publisher

Elsevier Science, Amsterdam The Netherlands

ISSN: 1873-5703

DOI

10.1016/j.ejpoleco.2005.04.005

ExportReport Issue

Report Issue

If you have problems with the access to a found title, you can use this form to contact us. You can also use this form to write to us if you have noticed any errors in the title display.