. Using a large annual panel of African countries with a time series of 25 years, ours results show that when the corruption … rate is above (below) a threshold of 1.3577, economic growth reduces (increases) informal economic sector. The corruption … proxy is measured as a decreasing function of corruption such that higher levels of the corruption proxy translate lower …

. Using a large annual panel of African countries with a time series of 25 years, ours results show that when the corruption … rate is above (below) a threshold of 1.3577, economic growth reduces (increases) informal economic sector. The corruption … proxy is measured as a decreasing function of corruption such that higher levels of the corruption proxy translate lower …

Corruption has fierce impacts on economic and societal development and is subject to a vast range of institutional …, jurisdictional, societal and economic conditions. Research indicates that corruption's predominantly negative effects have arisen to … impairing everybody's life. This paper provides a comprehensive state-of-the-art survey of existing literature on corruption and …

compromised by corruption. The analysis is based on a dynamic general equilibrium model in which growth is driven by capital … accumulation and public policy is administered by government-appointed bureaucrats. Corruption may arise due to the opportunity for … may be summarized as follows: (1) corruption impedes economic development and compromises the effectiveness of aid …

compromised by corruption. Our analysis is based on a dynamic general equilibrium model of a small economy in which growth is … driven by capital accumulation and public policy is administered by government appointed bureaucrats. Corruption may arise …) corruption is always bad for economic development, but its effect is worse if the economy is open than if it is closed; (2) the …

compromised by corruption. Our analysis is based on a dynamic general equilibrium model of a small economy in which growth is … driven by capital accumulation and public policy is administered by government appointed bureaucrats. Corruption may arise …) corruption is always bad for economic development, but its effect is worse if the economy is open than if it is closed; (2) the …

compromised by corruption. The analysis is based on a dynamic general equilibrium model in which growth is driven by capital … accumulation and public policy is administered by government-appointed bureaucrats. Corruption may arise due to the opportunity for … may be summarized as follows: (1) corruption impedes economic development and compromises the effectiveness of aid …

the incidences of corruption at different stages of development or in other words the non-linearities in the relationship … between corruption and development. We employ formal threshold model developed by Hansen (2000), and unlike the existing … literature, we find that: (1) non-linear models that search for the break points in the relationship between corruption and …