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- Title
Corruption and growth.
- Authors
Mauro, Paolo
- Abstract
This paper analyzes a newly assembled data set consisting of subjective indices of corruption, the amount of red tape, the efficiency of the judicial system, and various categories of political stability for a cross section of countries. Corruption is found to lower investment, thereby lowering economic growth The results are robust to controlling for endogeneity by using an index of ethnolrnguistic fractionalization as an instrument
- Subjects
JUDICIAL corruption; POLITICAL stability; ECONOMIC development; POLITICAL corruption -- Economic aspects; JUSTICE administration; FRACTIONAL powers; RED tape; BUREAUCRACY
- Publication
Quarterly Journal of Economics, 1995, Vol 110, Issue 3, p681
- ISSN
0033-5533
- Publication type
Article
- DOI
10.2307/2946696