Economic growth, law, and corruption: Evidence from India

被引:4
|
作者
Bhattacharyya S. [1 ]
Jha R. [2 ]
机构
[1] Department of Economics, Jubilee Building, 262, University of Sussex
[2] Australia South Asia Research Centre, Arndt-Corden Division of Economics, Australian National University
关键词
corruption; economic growth; law;
D O I
10.1057/ces.2013.4
中图分类号
学科分类号
摘要
Is corruption influenced by economic growth? Are legal institutions such as the 'Right to Information Act (RTI) 2005' in India effective in curbing corruption? Using a panel dataset covering 20 Indian states for the years 2005 and 2008 we estimate the effects of growth and law on corruption. Accounting for endogeneity, omitted fixed factors, and other nationwide changes we find that economic growth reduces overall corruption as well as corruption in banking, land administration, education, electricity, and hospitals. Growth reduces bribes but has little impact on corruption perception. In contrast the RTI Act reduces both corruption experience and corruption perception. © 2013 ACES. All rights reserved.
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页码:287 / 313
页数:26
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