Do â€œClean Handsâ€ Ensure Healthy Growth? Theory and Practice in the Battle Against Corruption
AbstractThis paper analyzes the existing relation between corruption and economic growth and examines the possible outcome of a reform implemented by the State to weed out or reduce corruption. It will be stressed that the reform against corruption tends, if not deemed by the operators to last in time, to curb most productive investments and therefore involves a time in which less corruption is paradoxically associated with less economic growth. This model is supported by econometric analysis of the Italian case. Italy has arguably been plagued by corruption. In the late 80s and early 90s several scandals that erupted quickly led to well-known inquiries (under the name of Clean Hands) and were followed (temporarily) by the an increased monitoring to prevent such practices. A dynamic panel data approach to economic growth based on data of 20 Italian regions allows to estimate a non-linear effect of corruption on economic growth.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Macerata University, Department of Finance and Economic Sciences in its series Working Papers with number 21-2004.
Date of creation: Oct 2004
Date of revision: Oct 2008
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Dai, Meixing & Sidiropoulos, Moïse & Spyromitros, Eleftherios, 2010. "Fiscal policy, institutional quality and central bank transparency," MPRA Paper 23766, University Library of Munich, Germany.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Silvana Tartufoli).
If references are entirely missing, you can add them using this form.