corruption and economic growth

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.

MoreLess

Authors:	Bose, Niloy
Other Persons:	Durlauf, Steven N. (contributor) ; Blume, Lawrence E. (contributor)
Institutions:	Palgrave Macmillan
Subject:	corruption \| economic growth \| multiple equilibria \| threshold effects \| two-way causality

freely available

Full text |

More access options

Check Google Scholar

I need help

More details

Extent:	text/html
Series:	The New Palgrave Dictionary of Economics.
Type of publication:	Article
Classification:	D73 - Bureaucracy; Administrative Processes in Public Organizations; Corruption ; O11 - Macroeconomic Analyses of Economic Development ; O17 - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009395641