Corruption is bad for growth (even in the United States)

被引：0
|
作者：
Noel D. Johnson
Courtney L. LaFountain
Steven Yamarik
机构：
[1] George Mason University,Department of Economics and Mercatus Center
[2] US Government Accountability Office,Center for Economics, Applied Research and Methods Team
[3] California State University at Long Beach,Department of Economics
来源：
Public Choice | 2011年 / 147卷
关键词：
Corruption; Investment; Economic growth;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
We estimate the impact of corruption on growth of output per worker in U.S. states. We improve on existing studies of the cost of corruption by using a better specified empirical model, focusing on a study population that is less likely to be affected by parameter heterogeneity, and controlling for endogeneity using political variables to instrument for corruption. We find that corruption plays a significant and causal role in lowering growth and investment across the states.
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页码：377 / 393
页数：16
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