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The effect of corruption on firm investment in the presence of missing data

Seyedmasood Dastan and John Gibson ()

American Journal of Economics and Sociology, 2023, vol. 82, issue 1, 79-93

Abstract: Greater availability of firm‐level surveys in developing countries has enabled researchers to consider the effects of corruption at the firm level. One often overlooked issue with these surveys is nonresponse by firms. We examine the impact of corruption on firm investment and demonstrate that failing to account for nonresponse leads to an overestimation of the impact of corruption.

Date: 2023
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https://doi.org/10.1111/ajes.12492

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