conjuntamente cointegradas ni están relacionadas linealmente; hay un eslabón perdido. Abstract: Corruption is defined as "the abuse … of public authority or trust for private benefit." However, this paper argues that this definition frames corruption as a … corruption from Freedom House and Transparency International, this study concludes that corruption is not related to economic …

In this paper we investigate the effect of corruption on human capital accumulation through two channels. The first … channel is through the effect of corruption on the public expenditure on education and the second channel is through the … effect of corruption on the physical capital investment. Public expenditure on education affects positively human capital …

for the period from 1995 to 2008, considering the role of corruption in each country as an absorptive factor. The … growth if the interaction term between FDI and corruption is considered. The threshold level of corruption separating the … countries. The existence of a corruption threshold implies a counter-intuitive proposition: that FDI inhibits economic growth in …

The relationship between corruption and economic growth has been the focus of numerous studies. However, no consensus … seems to exist on the mechanisms via which corruption should reduce growth. The aim of this paper is to identify the … transmission channels through which corruption is likely to affect economic growth. Unlike most previous analysis in this area that …

corruption incentives and the relevant implications for pollution, productivity and economic growth. …