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The so called resource curse, the fact that countries rich in natural resources often show lower rates of economic growth compared to resource-poor countries, is commonly attributed to the low quality of governance in resource-rich countries. The Extractive Industries Transparency Initiative...
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This paper aims to analyze the impact of corruption on firm innovation in Portugal, using data from the World Bank … endogeneity in the corruption variable. Our results show that corruption fosters innovation in Portugal, regardless of the … dependent variable we use to measure innovation. We have also analyzed the effect of corruption on innovation in foreign and …
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