Title :

INSTITUTIONS’ IMPACT ON THE CORRUPTION–GROWTH NEXUS: NONLINEARITIES AND TRANSMISSION CHANNELS

Author(s) :

Marakbi, Réda [Auteur]
Lille économie management - UMR 9221 [LEM]
Turcu, Camélia [Auteur]
Villieu, Patrick [Auteur]

Journal title :

Macroeconomic Dynamics

Pages :

257-279

Publisher :

Cambridge University Press (CUP)

Publication date :

2021-01

ISSN :

1365-1005

HAL domain(s) :

Sciences de l'Homme et Société/Economies et finances

English abstract : [en]

We analyze the channels through which institutional quality can impact the corruption–growth nexus. To do this, we develop an endogenous growth model and test its implications empirically, through panel data models using ...
Show more >We analyze the channels through which institutional quality can impact the corruption–growth nexus. To do this, we develop an endogenous growth model and test its implications empirically, through panel data models using GMM and PSTR settings. Our sample consists of 136 developed and developing countries analyzed over the period 1984–2015. We show, both theoretically and empirically, that (i) the corruption–growth relation can be subject to nonlinearities highly influenced by countries’ institutional development; and (ii) private investment and public spending are two main channels through which institutional quality affects, positively or negatively, the relation between corruption and economic growth.Show less >

Language :

Anglais

Popular science :

Non

Collections :

• Lille Économie Management (LEM) - UMR 9221

Source :

Harvested from HAL