Corruption and Legal (In) Effectiveness: An Empirical Investigation
Posted: 19 Feb 2008
Abstract
Numerous studies have investigated the causes and measured the consequences of differences in corruption among countries. An effective legal system has been viewed as a key component in reducing corruption. However, estimating cross-sectional as well as panel data models, we find a significant inter-relationship between legal (in)effectiveness and various measures of corruption. This re-enforcing inter-relationship suggests that corruption is a persistent phenomenon and that strong forces tend to perpetuate corruption at fairly constant levels.
Keywords: Corruption, rule of law
JEL Classification: K42, H10
Suggested Citation: Suggested Citation
Herzfeld, Thomas and Weiss, Christoph, Corruption and Legal (In) Effectiveness: An Empirical Investigation. European Journal of Political Economy, Vol. 19, No. 3, 2003, Available at SSRN: https://ssrn.com/abstract=1094655
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