This article investigates the relationship between income and corruption which provides an insight to the changes in the level of perceived corruption and economic development across countries. An existing shortcoming is that previous studies have focused only on detecting the linear effects of...

This paper examines the effects of economic freedom, democracy and its interaction term on controlling corruption. Interactive results indicate that economic freedom and democracy significantly combat corruption. Economic freedom reduces corruption in any political environment. Democracy...

An important issue for exchange rate pass-through (ERPT) is the extent to which exchange rate changes affect the prices of imported goods and the consumer prices. The objectives of this study are to make a comparative study by exploring the literature relating pass-through for import prices and...

A number of recent studies for Latin America show that as the size of the informal economy grows, corruption is less harmful to inequality. We investigate if this relationship is equally compelling for developing countries in Asia where corruption, inequality and shadow economies are...

This paper examines the sources of total factor productivity growth (TFP) in New Zealand's manufacturing industries over the period 1978-98 and over various sub-periods. Examination of the data adopts two stages using a stochastic frontier approach. The first stage involves the specification and...