Corruption and Income
AbstractThis paper examines whether countries with higher income have less corruption. Earlier studies, utilizing pure cross-section regressions, establish a strong association between income and corruption but do not consider factors (presumably, long-run historical factors) that simultaneously could affect both variables. Employing fixed effects methodologies and thus controlling for such factors, we show that the statistical association between income and corruption disappears.
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Bibliographic InfoArticle provided by AccessEcon in its journal Economics Bulletin.
Volume (Year): 32 (2012)
Issue (Month): 2 ()
Contact details of provider:
Corruption; Income; Economic Development;
Find related papers by JEL classification:
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
- D7 - Microeconomics - - Analysis of Collective Decision-Making
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