The corruption-growth relationship: Do political institutions matter?

Shrabani Saha and Kunal Sen

No wp-2019-65, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Corruption is widely believed to negatively affect economic growth. However, many East and Southeast Asia countries either achieved or currently are achieving impressively rapid economic growth despite widespread corruption — the 'East Asian Paradox'. Is this negative relationship equally likely to hold for autocracies and democracies? This paper examines the role of political institutions in mediating the corruption-growth relationship using panel data over one hundred countries for the period 1984-2016.

Keywords: Corruption; Democracy; Economic growth; Panel data analysis (search for similar items in EconPapers)
Date: 2019
New Economics Papers: this item is included in nep-gro, nep-pol, nep-sbm and nep-sea
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