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Corruption, institutions and regulation

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  • Michael Breen

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  • Robert Gillanders

Abstract

We analyze the effects of corruption and institutional quality on the quality of business regulation. Our key findings indicate that corruption negatively affects the quality of regulation and that general institutional quality is insignificant once corruption is controlled for. These findings hold over a number of specifications which include additional exogenous historical and geographic controls. The findings imply that policy makers can focus on curbing corruption to improve regulation, over wider institutional reform. Copyright Springer-Verlag 2012

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File URL: http://hdl.handle.net/10.1007/s10101-012-0111-0
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Bibliographic Info

Article provided by Springer in its journal Economics of Governance.

Volume (Year): 13 (2012)
Issue (Month): 3 (September)
Pages: 263-285

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Handle: RePEc:spr:ecogov:v:13:y:2012:i:3:p:263-285

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Web page: http://link.springer.de/link/service/journals/10101/index.htm

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Related research

Keywords: Regulation; Economic policy; Institutional quality; Corruption;

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References

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Citations

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Cited by:
  1. Gillanders, Robert, 2013. "Corruption and Infrastructure at the Country and Regional Level," MPRA Paper 46679, University Library of Munich, Germany.
  2. Noel Johnson & William Ruger & Jason Sorens & Steven Yamarik, 2014. "Corruption, regulation, and growth: an empirical study of the United States," Economics of Governance, Springer, vol. 15(1), pages 51-69, February.
  3. Billon, Steve & Gillanders, Robert, 2014. "State Ownership and Corruption," MPRA Paper 55600, University Library of Munich, Germany.

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