Hodge, Andrew; Shankar, Sriram; Rao, D.S. Prasada; … - School of Economics, University of Queensland - 2009
that corruption hinders growth through its adverse effects on investment in physical capital, human capital, and political … found to be robust to modifications in model specification, sample coverage, and estimation techniques as well as tests for … is diminished in economies with low governance levels or a high degree of regulation. No one-size-fits-all policy …