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Corruption's Effect on Growth and its Transmission Channels

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Author Info
Lorenzo Pellegrini
Reyer Gerlagh
Abstract

Un résultat partagéà la fois par la littérature théorique et empirique est que la corruption a un effet négatif sur la croissance économique. Dans cet article, nous estimons les effets directs et indirects de la corruption sur la croissance économique en appliquant une analyse par régression. Les canaux de transmissions indirects, notamment les investissements, la politique commerciale, l'éducation et la stabilité politique, analysés dans notre étude, s'avèrent être significatifs dans l'explication des effets nuisibles de la corruption sur le taux de croissance de l'économie. Nos estimations montrent qu'une augmentation de l'écart type de l'indice de corruption est associée à une diminution des investissements de 2.46%, ce qui à son tour entraîne une diminution de la croissance économique de 0.34% par an. Le second canal de transmission, par ordre d'importance, est le degré d'ouverture de l'économie: une augmentation de l'écart type de l'indice de corruption est associée à une diminution de 0.19 % de l'indice d'ouverture, résultant en une diminution de la croissance économique de 0.30% par an. Pris dans leur ensemble, les canaux de transmission expliquent 81% des effets de la corruption sur la croissance. La lutte contre la corruption étant un combat qui se conçoit sur le long terme, comprendre les canaux de transmission à travers lesquels la corruption affecte l'économie peut permettre de limiter ses effets négatifs, bien qu'indirects, sur la croissance. Copyright WWZ and Helbing & Lichtenhahn Verlag AG 2004.

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File URL: http://www.blackwell-synergy.com/links/doi/10.1111/j.0023-5962.2004.00261.x/enhancedabs
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Article provided by Blackwell Publishing in its journal Kyklos.

Volume (Year): 57 (2004)
Issue (Month): 3 (08)
Pages: 429-456
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Handle: RePEc:bla:kyklos:v:57:y:2004:i:3:p:429-456

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  1. Utz Weitzel & Sjors Berns, 2006. "Cross-Border Takeovers, Corruption, and Related Aspects of Governance," Working Papers 06-03, Utrecht School of Economics. [Downloadable!]
    Other versions:
  2. Estache, Antonio & Goicoechea, Ana & Trujillo, Lourdes, 2006. "Utilities reforms and corruption in developing countries," Policy Research Working Paper Series 4081, The World Bank. [Downloadable!]
    Other versions:
  3. Axel Dreher & Thomas Herzfeld, 2005. "The Economic Costs of Corruption: A Survey and New Evidence," Public Economics 0506001, EconWPA. [Downloadable!]
  4. Léonce Ndikumana & Mina Baliamoune-Lutz, 2008. "Corruption and Growth: Exploring the Investment Channel," Working Papers 2008-08, University of Massachusetts Amherst, Department of Economics. [Downloadable!]
  5. Stefan Voigt & Lorenz Blume, . "Wenn Justitia die Hand aufhält - Ursachen und Folgen korrupter Justizbehörden," German Working Papers in Law and Economics 2005-1-1133, Berkeley Electronic Press. [Downloadable!]
    Other versions:
  6. Guiseppe Di Vita, . "Corruption, Exogenous Changes in Incentives and Deterrence," German Working Papers in Law and Economics 2006-1-1150, Berkeley Electronic Press. [Downloadable!]
  7. Lorenzo Pellegrini & Reyer Gerlagh, 2005. "An Empirical Contribution to the Debate on Corruption,Democracy and Environmental Policy," Working Papers 2005.8, Fondazione Eni Enrico Mattei. [Downloadable!]
  8. Elizabeth Asiedu & James Freeman, 2008. "The Effect of Corruption on Investment Growth: Evidence from Firms in Latin America, Sub-Saharan Africa and Transition Countries," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 200802, University of Kansas, Department of Economics. [Downloadable!]
  9. Giuseppe Di Vita, 2006. "Corruption, Exogenous Changes in Incentives and Deterrence," Working Papers 2006.16, Fondazione Eni Enrico Mattei. [Downloadable!]
  10. Monica Escaleras & Nejat Anbarci & Charles Register, 2006. "Public Sector Corruption and Natural Disasters: A Potentially Deadly Interaction," Working Papers 06005, Department of Economics, College of Business, Florida Atlantic University, revised Aug 2006. [Downloadable!]
  11. Geraint Johnes, 2006. "Education and economic growth," Working Papers 004210, Lancaster University Management School, Economics Department. [Downloadable!]
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