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Corruption's Effect on Growth and its Transmission Channels

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  • 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.

Suggested Citation

  • Lorenzo Pellegrini & Reyer Gerlagh, 2004. "Corruption's Effect on Growth and its Transmission Channels," Kyklos, Wiley Blackwell, vol. 57(3), pages 429-456, August.
  • Handle: RePEc:bla:kyklos:v:57:y:2004:i:3:p:429-456
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    1. Easterly, William & Levine, Ross, 2003. "Tropics, germs, and crops: how endowments influence economic development," Journal of Monetary Economics, Elsevier, vol. 50(1), pages 3-39, January.
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