Governance regimes, corruption and growth: Theory and evidence
Toke Aidt,
Jayasri Dutta () and
Vania Sena
Journal of Comparative Economics, 2008, vol. 36, issue 2, 195-220
Abstract:
We study the role of political accountability as a determinant of corruption and economic growth. Our model identifies two governance regimes defined by the quality of political institutions and shows that the relationship between corruption and growth is regime specific. We use a threshold model to estimate the impact of corruption on growth where corruption is treated as an endogenous variable. We find two governance regimes, conditional on the quality of political institutions. In the regime with high quality political institutions, corruption has a substantial negative impact on growth. In the regime with low quality institutions, corruption has no impact on growth. Journal of Comparative Economics 36 (2) (2008) 195-220.
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (285)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0147-5967(07)00086-8
Full text for ScienceDirect subscribers only
Related works:
Working Paper: Governance Regimes, Corruption and Growth: Theory and Evidence (2006) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:jcecon:v:36:y:2008:i:2:p:195-220
Access Statistics for this article
Journal of Comparative Economics is currently edited by D. Berkowitz and G. Roland
More articles in Journal of Comparative Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().