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Corruption, Institutions and Regulation

  • Michael Breen

    (Dublin City University)

  • Robert Gillanders

    (University College Dublin)

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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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
Contact details of provider: Postal: UCD, Belfield, Dublin 4
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Web page: http://www.ucd.ie/economics

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