Is the effect of corruption on entrepreneurial activity nonmonotonic? A semi-parametric panel data analysis

Michael Polemis ()

Economics Bulletin, 2019, vol. 39, issue 4, 2976-2989

Abstract: We investigate the impact of corruption on entrepreneurial activity in the OECD countries by using a semi-parametric panel data model developed in Robinson (1988). We argue that this relationship exhibits a nonmonotonic shape with multiple turning points. Our findings are robust to different measures of corruption and alternative dimensions of entrepreneurship.

Keywords: Entrepreneurship; Corruption; Nonlinear effects; Double residual estimator; OECD. (search for similar items in EconPapers)
JEL-codes: C1 L2 (search for similar items in EconPapers)
Date: 2019-12-24
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Citations: View citations in EconPapers (1)

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