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Existing country and regional studies show that the effect of corruption on public spending on health and education is … mixed. This letter reveals that the effect of corruption on health and education spending is significant and non-linear in a … panel of 134 countries observed over two decades: For an overwhelming majority of countries, corruption has a positive …
Persistent link: https://www.econbiz.de/10012919292
This paper takes advantage of a new corruption measure across regions within a country to measure the influence of … corruption on public spending efficacy in the education sector in Indonesia, one of the most corrupt countries in the world. I … corruption on education outcomes, hence implying that one channel through which corruption adversely affects the education system …
Persistent link: https://www.econbiz.de/10012714184
education, what can explain the missing growth in developing countries ? Corruption, the poor enforcement of property rights … bad institutions have on growth, but few are examining the link between education, corruption (more generally bad … institutions) and growth. Our model assumes that at low level of GDP per head and high level of corruption education spending has …
Persistent link: https://www.econbiz.de/10005220193
The relationship between corruption and economic development is characterised by three stylised facts: (i) a strong … negative correlation between corruption and development (ii) countries can remain trapped in high corruption-low development or … low corruption-high development equilibria (iii) amongst intermediate levels of development corruption levels are more …
Persistent link: https://www.econbiz.de/10014063477
This paper clarifies the main theoretical issues of corruption study such as definition, reasons, and consequences. An … estimate and branch analysis of corruption in Russia is offered. The research concentrates on effects produced by corruption on … social expenditures. The analysis demonstrates how corruption influences poverty situation after social transfers and …
Persistent link: https://www.econbiz.de/10014043561
increase the green multiplier. Interestingly, corruption positively affects all multipliers. I show that the effect of … corruption can be explained by its role in easing bureaucratic and regulatory burdens. These results suggest that taking national …
Persistent link: https://www.econbiz.de/10014634134
During most of the 2000s, Kosovo has pursued a highly conservative fiscal policy, restraining expenditures as revenues continued to climb. The Government has now shifted toward an expansionary expenditure policy. In the short term, the Government intends to finance the resulting budget deficits...
Persistent link: https://www.econbiz.de/10013125411
The aftermath of the global financial crisis of 2007-08 underlined the importance of maintaining fiscal space and fiscal sustainability. Even though many Asian economies implemented fiscal stimulus policies during the crisis period, their fiscal conditions generally improved rapidly thereafter,...
Persistent link: https://www.econbiz.de/10013077581
The aftermath of the global financial crisis of 2007-08 underlined the importance of maintaining fiscal space and fiscal sustainability. Even though many Asian economies implemented fiscal stimulus policies during the crisis period, their fiscal conditions generally improved rapidly thereafter,...
Persistent link: https://www.econbiz.de/10009782133
This paper provides evidence on the effects of the size and the composition of public spending on long-term growth and inequality. An estimated baseline convergence model captures the long-term effect of human capital and total investment on potential output for a panel of OECD countries. The...
Persistent link: https://www.econbiz.de/10011578188