Corruption perception, income level and growth in post-communist countries: evidence from panel data

Andrzej Cieślik and Lukasz Goczek

Collegium of Economic Analysis Annals, 2015, issue 39, 87-102

Abstract: In this paper we use the corruption augmented Mankiw-Romer-Weil theoretical framework to study the empirical relationship between corruption perception, the level of per capita income and the rate of growth in post-communist countries. Our empirical study is based on the country-level panel data for 27 post-communist countries during the period 1994–2013. Our estimation results show that corruption perception is negatively related both to the level of per capita income and the rate of economic growth. However, only the relationship between corruption perception and the level of per capita income is statistically significant.

Keywords: corruption; growth; postcommunist countries; transition (search for similar items in EconPapers)
JEL-codes: O40 O50 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:sgh:annals:i:39:y:2015:p:87-102

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