Purpose – This paper seeks to investigate the relation among corruption, institutional quality and economic growth. Design/methodology/approach – It expands the Erlich and Lui ( JPE ) endogenous growth model. From this model, institutional aspects such as judicial corruption, bureaucracy,...

Purpose – The purpose of this paper is to analyse the relationship between infrastructure and total factor productivity (TFP) in the four major Latin American economies: Argentina, Brazil, Chile, and Mexico. Design/methodology/approach – The authors hypothesise that an increase in...

Purpose – This paper seeks to investigate the relation among corruption, institutional quality and economic growth. Design/methodology/approach – It expands the Erlich and Lui (JPE) endogenous growth model. From this model, institutional aspects such as judicial corruption, bureaucracy,...

Purpose – The purpose of this paper is to analyse the relationship between infrastructure and total factor productivity (TFP) in the four major Latin American economies: Argentina, Brazil, Chile, and Mexico. Design/methodology/approach – The authors hypothesise that an increase in...

The goal of this paper is to evaluate the validity of the Taylor principle for inflation control in 12 developing countries that use inflation targeting regimes: Brazil, Chile, Colombia, Hungary, Israel, Mexico, Peru, Philippines, Poland, South Africa, Thailand and Turkey. The test is based on a...

This study proposes a theoretical model of endogenous growth that demonstrates that the level of the public debt-to-gross domestic product (GDP) ratio should negatively impact the effect of fiscal policy on growth. This effect occurs because government indebtedness extracts a portion of young...