The Effects of Corruption on Growth, Investment, and Government Expenditure

Paolo Mauro

No 1996/098, IMF Working Papers from International Monetary Fund

Abstract: This paper discusses the possible causes and consequences of corruption. It provides a synthetic review of recent studies that analyze this phenomenon empirically. In addition, it presents further results on the effects of corruption on growth and investment, and new cross-country evidence on the link between corruption and the composition of government expenditure.

Keywords: WP; government; economic growth; country; government policy; consumption expenditure; government transfer payments; corrupt government; government institution; Corruption; Expenditure composition; Education spending; Total expenditures (search for similar items in EconPapers)
Pages: 28
Date: 1996-09-01
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Citations: View citations in EconPapers (119)

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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfwpa:1996/098

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