Globalization and Corruption: New Evidence
Oil, Gas and Energy Quarterly, March 2013, pp. 541-562
28 Pages Posted: 6 May 2013 Last revised: 1 Jun 2013
Date Written: March 1, 2013
The aim of this paper is to test whether the relationship between globalization and corruption is non-linear as suggested by the literature. The study has been conducted on a sample size of 122 countries between 1990 and 2006 divided into four sub-periods. The findings confirm the hypothesis of the non-linearity. These results are consistent with the literature which found that not all developing countries could gain from globalization, unless they participate more intensively in the globalization process and move beyond a critical threshold. Among developing countries, most of Sub-Saharan African countries seem to suffer more seriously from globalization.
Keywords: globalization, corruption, developing countries
JEL Classification: H10, F02, F50
Suggested Citation: Suggested Citation