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The aim of this study is to investigate the impact of corruption on bank lending in Russia. This issue is of major … interest in order to understand the causes of financial underdevelopment and the effects of corruption in Russia. We use … regional measures of corruption and bank-level data to perform this investigation. Our main estimations show that corruption …
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governance allowing substantial corruption in the system. Based on a study of 20 Indian states, we empirically show that higher … corruption in every sector is remarkably high. Stifling bureaucratic interference and corruption at every stage of economic … corruption increases level of employment in the informal sector. Further, our analysis also shows that for higher levels of …
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from 1970 - 2013, taking into account structural breaks. To better reflect causality, corruption and trade are included as … causal direction. Our estimation results suggest GDP growth has one cointegrating vector relationship with corruption, EU aid … to GDP growth and a short-run unidirectional causal relationship from trade to GDP growth. Corruption (which is a …
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