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Corruption, Institutions and Regulation

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  • Michael Breen

    (Dublin City University)

  • Robert Gillanders

    (University College Dublin)

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 con- trolled for. These findings hold over a number of specifications which include additional exogenous historical and geographic controls. The findings imply that policy-makers should focus on curbing corruption to improve regulation, over wider institutional re- form.

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File URL: http://www.ucd.ie/t4cms/wp11_06.pdf
File Function: First version, 2011
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Bibliographic Info

Paper provided by School Of Economics, University College Dublin in its series Working Papers with number 201106.

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Length: 25 pages
Date of creation: 04 Mar 2011
Date of revision:
Handle: RePEc:ucn:wpaper:201106

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Phone: +353-1-7067777
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Keywords: Business Regulation; Economic Policy; Institutional Quality; Corruption;

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References

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Cited by:
  1. 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.
  2. Gillanders, Robert, 2013. "Corruption and Infrastructure at the Country and Regional Level," MPRA Paper 46679, University Library of Munich, Germany.
  3. Billon, Steve & Gillanders, Robert, 2014. "State Ownership and Corruption," MPRA Paper 55600, University Library of Munich, Germany.

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