IDEAS home Printed from https://ideas.repec.org/a/eme/jespps/v34y2007i1p29-41.html
   My bibliography  Save this article

Institutional quality and endogenous economic growth

Author

Listed:
  • Vladimir Kühl Teles

Abstract

Purpose - This paper seeks to investigate the relation among corruption, institutional quality and economic growth. Design/methodology/approach - It expands the Erlich and Lui (JPE) endogenous growth model. From this model, institutional aspects such as judicial corruption, bureaucracy, democracy and income inequality are introduced into the analysis in order to identify the institutional conditions that may inhibit corruption and stimulate economic growth. Findings - It was demonstrated that the magnitude of the marginal effect of bureaucratic corruption on growth crucially depends on other institutional aspects of the economy and that judicial corruption amplifies the perverse effects of bureaucratic corruption. Originality/value - The paper explains why some countries with a lot of corruption grow at high rates. In that sense if a country has only a lot of judicial or bureaucratic corruption it may grow at high rates but, when these two kinds of corruptions occur at the same time, then the economy will be at a low‐growth pitfall.

Suggested Citation

  • Vladimir Kühl Teles, 2007. "Institutional quality and endogenous economic growth," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 34(1), pages 29-41, January.
    • Handle: RePEc:eme:jespps:v:34:y:2007:i:1:p:29-41
    DOI: 10.1108/01443580710717200
    as

    Download full text from publisher

    File URL: https://www.emerald.com/insight/content/doi/10.1108/01443580710717200/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.emerald.com/insight/content/doi/10.1108/01443580710717200/full/pdf?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1108/01443580710717200?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Thangamani Bhavan, 2020. "Is Corruption ‘Grease’ Or ‘Sand’ in the Wheels of Foreign Direct Investment Inflows in the South Asian Economies?," Asian Development Policy Review, Asian Economic and Social Society, vol. 8(3), pages 185-193, September.
    2. Ali T. Akarca & Aysit Tansel, 2016. "Voter reaction to government incompetence and corruption related to the 1999 earthquakes in Turkey," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 43(2), pages 309-335, May.
    3. Eda Özdiler Küçük, 2017. "Adapting Legal Culture: Legislation and Interpretation in Tax Law," European Journal of Economics and Business Studies Articles, Revistia Research and Publishing, vol. 3, ejes_v3_i.
    4. Wei-bin ZHANG, 2020. "Corruption and Public Service in an Extended Solowian Growth Model with Endogenous Labor Supply," Journal of Economic Policy Researches, Istanbul University, Faculty of Economics, vol. 7(2), pages 1-20, July.
    5. Olalekan Charles Okunlola, 2019. "Political Regime Types and Economic Development in Nigeria: Significance of Conflict and Corruption," Journal of Interdisciplinary Economics, , vol. 31(2), pages 183-216, July.
    6. Wei-Bin ZHANG, 2018. "Corruption, governments’ debts, trade, and global growth," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(2(615), S), pages 27-50, Summer.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:jespps:v:34:y:2007:i:1:p:29-41. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Emerald Support (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.