The economic impact of legislative complexity and corruption: A cross‐country analysis

Giuseppe Di Vita

International Journal of Finance & Economics, 2023, vol. 28, issue 2, 1801-1825

Abstract: This article analyses the relationship between corruption and legislative complexity, their impact on growth rate, and per capita income distribution. An econometric analysis is performed using a new index of legislative complexity, built in a way that makes it internationally comparable. In the dataset, 67 countries are considered, for a period of 21 years from 1995 to 2015. The OLS and 2SLS regressions are provided. The results of the econometric analysis support the hypothesis that legislative complexity is a constraint to growth, and that in countries with a long history of liberal democracy legislative complexity determines an income redistribution to the detriment of the poorer social classes.

Date: 2023
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