腐败与经济增长
CORRUPTION AND GROWTH*
PAOLO MAURO
Thispaper analyzesa newlyassembleddata setconsistingof subjectiveindices
ofcorruption,theamountofredtape,theefficiencyofthejudicialsystem, and
variouscategoriesof politicalstabilityfor a crosssectionof countries.Corruptionis
foundtolowerinvestment, therebyloweringeconomicgrowth.Theresults are
robustto controllingfor endogeneityby usingan index of ethnolinguistic fractional-
izationas an instrument.