Governance regimes, corruption and growth: Theory and evidence

被引：283

作者：

Aidt, Toke ^{[3
]}

Dutta, Jayasri ^{[2
]}

Sena, Vania ^{[1
]}

机构：

[1] Aston Univ, Aston Business Sch, Birmingham, England

[2] Univ Birmingham, Birmingham, England

[3] Univ Cambridge, Fac Econ, Cambridge CB5 9DD, England

来源：

JOURNAL OF COMPARATIVE ECONOMICS | 2008年 / 36卷 / 02期

关键词：

growth; corruption; threshold models; governance;

D O I：

10.1016/j.jce.2007.11.004

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We study the role of political accountability as a determinant of corruption and economic growth. Our model identifies two governance regimes defined by the quality of political institutions and shows that the relationship between corruption and growth is regime specific. We use a threshold model to estimate the impact of corruption on growth where corruption is treated as an endogenous variable. We find two governance regimes, conditional on the quality of political institutions. In the regime with high quality political institutions, corruption has a substantial negative impact on growth. In the regime with low quality institutions, corruption has no impact on growth. Journal of Comparative Economics 36 (2) (2008) 195-220. Faculty of Economics, University of Cambridge, Sidgwick Avenue, Austin Robinson Building, CB59DD Cambridge, UK; University of Birmingham, Birmingham, UK; Aston Business School, Aston University, Birmingham, UK. (c) 2007 Association for Comparative Economic Studies. Published by Elsevier Inc. All rights reserved.

引用

页码：195 / 220

页数：26

共 62 条

[1] Property rights, corruption and the allocation of talent: A general equilibrium approach [J].