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Corruption and Economic Growth: An Econometric Survey of the Evidence

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Does corruption grease or sand the wheels of economic growth? This paper provides a systematic evaluation of the effect of corruption on growth, using metaanalysis techniques for 460 estimates from 41 studies. We find that publication bias, albeit acute, does not dissipate the genuine and negative effect of corruption on growth. Among the main factors explaining the variation in the estimated effects, we find that taking account of (a) trade openness and institutions and (b) authors with academic affiliations (as opposed to think tanks and international organizations) seems to help generate less negative effects of corruption on growth.
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Document Type: Research Article

Publication date: 01 September 2016

This article was made available online on 19 May 2016 as a Fast Track article with title: "Corruption and Economic Growth: An Econometric Survey of the Evidence".

More about this publication?
  • Founded as Zeitschrift für die gesamte Staatswissenschaft in 1844.

    As one of the oldest journals in the field of political economy, the Journal of Institutional and Theoretical Economics (JITE) deals traditionally with the problems of economics, social policy, and their legal framework. JITE is listed in the Journal of Economic Literature, the Social Science Citation Index, the International Bibliography of the Social Sciences, and COREJ.

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    From 2013 on all accepted articles are published in an Online First version (in their final layout) to make them searchable and citable by their DOI immediately after peer review and acceptance. Once the article is published in an issue of the journal, the Online First version will be removed.

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