Méon, Pierre-Guillaume; Weill, Laurent - Laboratoire de Recherche en Gestion (LaRGE), Institut … - 2008
governance for a panel of 54 countries both developed and developing. Using three measures of corruption and five measures of … other aspects of governance, we repeatedly observe that corruption is always detrimental in countries where institutions are …This paper tests whether corruption can be viewed as an efficient grease in the wheels of an otherwise deficient …