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[英文文献] The Transition of Corruption - Institutions and dynamics [推广有奖]

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单位根检验987 发表于 2004-7-6 14:24:19 |AI写论文

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英文文献:The Transition of Corruption - Institutions and dynamics
英文文献作者:Martin Paldam
英文文献摘要:
The cross-country data for honesty/corruption and income has a correlation of about 0.75, and the data have a typical transition path; but the correlation of the growth rate and honesty is negative. Thus, the short and long-run findings are contradictory, and it is shown that the contradiction lasts a dozen years. The transition of corruption happens relatively late and works through changes in institutions. To catch all institutions the Polity-index is used for the political dimension and the Fraser-index of economic freedom for the economic one. The two indices explain as much as income, but they both have a transition, so the relations are partly spurious. To identify the non-spurious part of the relation and sort out causality, the D-index is defined as the difference between the corruption index and the transition path. Institutional instability increases corruption, but when institutions stabilize, both democracy and economic freedom increase honesty.
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