Abstract

http://ssrn.com/abstract=1716129
 
 

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Whither Corruption? A Quantitative Survey of the Literature on Corruption and Growth


Nauro F. Campos


Brunel University - Economics and Finance; Centre for Economic Policy Research (CEPR); University of Michigan at Ann Arbor - The William Davidson Institute; Institute for the Study of Labor (IZA)

Ralitza D. Dimova


Brunel University - Economics and Finance; Institute for the Study of Labor (IZA)

Ahmad Saleh


Brunel University


IZA Discussion Paper No. 5334

Abstract:     
Does corruption grease or sand the wheels of economic growth? This paper uses meta-analysis techniques to systematically evaluate the evidence addressing this question. It uses a data set comprising 460 estimates of the effect of corruption on growth from 41 empirical studies. The main factors explaining the variation in these estimates are whether the model accounts for institutions and trade openness (both are found to deflate the negative effect of corruption), authors' affiliation (academics systematically report less negative impacts), and use of fixed-effects. We also find that publication bias, albeit somewhat acute, does not eliminate the genuine negative effect of corruption on economic growth.

Number of Pages in PDF File: 33

Keywords: corruption, economic growth, meta-regression analysis

JEL Classification: O1

working papers series


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Date posted: November 29, 2010  

Suggested Citation

Campos, Nauro F. and Dimova, Ralitza D. and Saleh, Ahmad, Whither Corruption? A Quantitative Survey of the Literature on Corruption and Growth. IZA Discussion Paper No. 5334. Available at SSRN: http://ssrn.com/abstract=1716129

Contact Information

Nauro F. Campos (Contact Author)
Brunel University - Economics and Finance ( email )
Uxbridge UB8 3PH
United Kingdom
Centre for Economic Policy Research (CEPR)
77 Bastwick Street
London, EC1V 3PZ
United Kingdom
University of Michigan at Ann Arbor - The William Davidson Institute
724 E. University Ave.
Wyly Hall
Ann Arbor, MI 48109-1234
United States
Institute for the Study of Labor (IZA)
P.O. Box 7240
Bonn, D-53072
Germany
Ralitza D. Dimova
Brunel University - Economics and Finance ( email )
Uxbridge UB8 3PH
United Kingdom
Institute for the Study of Labor (IZA)
Schaumburg-Lippe-Str. 7 / 9
Bonn, D-53072
Germany
Ahmad Saleh
Brunel University ( email )
Uxbridge
Uxbridge, Middlesex, Middlesex UB8 3PH
United Kingdom
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