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, increased political corruption, and weaker rule of law. We also find that the deleterious effects of political clientelism are …
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This paper empirically investigates the link between the level of government revenue per capita and six indicators of quality of governance in an unbalanced panel data set consisting of all countries in the world (217) using data from 1980 to 2020. It uses single-equation GMM techniques and a...
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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 …
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be 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 … follows: (1) corruption is always bad for economic development, but its effect is worse if the economy is open than if it is …
Persistent link: https://www.econbiz.de/10003372283