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There has actually been quite a number of studies like Abstract: Several cross-country studies have found that corruption is detrimental to economic growth
by Joker_vD 2y ago
There has actually been quite a number of studies like
Abstract: Several cross-country studies have found that corruption is detrimental to economic growth, but the
findings are not universally robust. We utilize the economic freedom index to examine if corruption can facilitate
growth by allowing entrepreneurs to avoid inefficient policies and regulations when economic freedom is limited.
Using regression analysis, we find that corruption is growth enhancing when economic freedom is most limited but
the beneficial impact of corruption decreases as economic freedom increases. Not all areas of economic freedom
affect the corruption-growth relationship equally. In particular, we find that when we analyze individual areas of
economic freedom the beneficial effect of corruption disappears most quickly when the size of government and the
extent of regulation decrease.
But whether they're valid or not, I can't say.
- xeonmc 2y agoSee: Middle East