corruption and economic growth

Niloy Bose

from Palgrave Macmillan

Abstract: Theory is divided over the effects of corruption on economic growth. However, the growing consensus based on the empirical literature is that corruption is associated with negative growth outcomes. This relationship is not necessarily linear, and causality between corruption and economic growth can run in both directions.

Keywords: corruption; economic growth; multiple equilibria; threshold effects; two-way causality (search for similar items in EconPapers)
JEL-codes: D73 O11 O17 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (2)

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