Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/51906
Year of Publication: 
2010
Series/Report no.: 
IZA Discussion Papers No. 5334
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
Does corruption grease or sand the wheels of economic growth? This paper uses metaanalysis 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.
Subjects: 
corruption
economic growth
meta-regression analysis
JEL: 
O1
Document Type: 
Working Paper

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