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.

引用

页码：377 / 393

页数：16

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