Lambsdorff, Johann Graf - In: Vierteljahrshefte zur Wirtschaftsforschung / Quarterly … 73 (2004) 2, pp. 200-211
An increase in corruption by one point on a scale from 10 (highly clean) to 0 (highly corrupt) lowers productivity by 4% of GDP and decreases net annual capital inflows by 0.5% of GDP. Central to the impact of corruption on productivity is its adverse influence on bureaucratic quality, that is,...
