Petrarca, Ilaria; Ricciuti, Roberto - In: International Journal of Monetary Economics and Finance 6 (2013) 2/3, pp. 186-202
We investigate the relationship between corruption and economic performance, focusing on the historical roots of the … former. We claim that a sequential mechanism linking history to development exists: first, history defines the quality of … social capital; then, social capital determines the level of corruption; finally, corruption affects economic performance. We …