Corruption and Economic Growth: An Econometric Survey of the Evidence
نویسنده
چکیده
Does corruption grease or sand the wheels of economic growth? This paper provides a systematic evaluation of the e ect of corruption on growth, using metaanalysis techniques for 460 estimates from 41 studies. We nd that publication bias, albeit acute, does not dissipate the genuine and negative e ect of corruption on growth. Among the main factors explaining the variation in the estimated effects, we nd that taking account of (a) trade openness and institutions and (b) authors with academic a liations (as opposed to think tanks and international organizations) seems to help generate less negative e ects of corruption on growth. (JEL: O1, P3)
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