EconPapers    
Economics at your fingertips  
 

Greasing the Wheels? The Effect of Corruption in Regulated Manufacturing Sectors of India

Takahiro Sato and Atsushi Kato
Additional contact information
Atsushi Kato: School of Business, Aoyama Gakuin University

No DP2014-07, Discussion Paper Series from Research Institute for Economics & Business Administration, Kobe University

Abstract: We investigate whether corruption “greases the wheels” of bureaucracies and enhances economic performance. Specifically, we examine the interaction effect of corruption and regulation on the economic performance of manufacturing industries in India. Our estimation results show that the combination of corruption and regulation has significant positive effects on gross value added per worker, total factor productivity, and capital labor ratio. This indicates the existence of a “greasing the wheels” effect.

Keywords: corruption; regulation; gross value added per worker; TFP (search for similar items in EconPapers)
JEL-codes: D73 K23 K42 L52 (search for similar items in EconPapers)
Pages: 37 pages
Date: 2014-03
New Economics Papers: this item is included in nep-eff and nep-law
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

Downloads: (external link)
https://www.rieb.kobe-u.ac.jp/academic/ra/dp/English/DP2014-07.pdf First version, 2014 (application/pdf)

Related works:
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:kob:dpaper:dp2014-07

Access Statistics for this paper

More papers in Discussion Paper Series from Research Institute for Economics & Business Administration, Kobe University 2-1 Rokkodai, Nada, Kobe 657-8501 JAPAN. Contact information at EDIRC.
Bibliographic data for series maintained by Office of Promoting Research Collaboration, Research Institute for Economics & Business Administration, Kobe University ().

 
Page updated 2024-07-01
Handle: RePEc:kob:dpaper:dp2014-07